Gate Founder Dr. Lin Han: AI Will Transform Trading in Two Years

Gate has softly go 1 of the largest cryptocurrency exchanges successful the world. Founded successful 2013 by Dr. Lin Han arsenic a one-person project, the level present serves implicit 49 cardinal users, employs much than 2,000 people, and lists implicit 5,000 tokens alongside a increasing suite of accepted fiscal products.

In an interrogation with BeInCrypto, Dr. Han discussed what drove that growth, wherefore helium believes the enactment betwixt crypto and accepted assets is disappearing, and however artificial quality is astir to reshape the mode radical trade.

Dr. Han started Gate — primitively launched arsenic Bter.com — by himself. Thirteen years later, the speech offers much than 50 products and services. But helium is speedy to downplay the numbers.

"The fig is not rather important. The astir important happening is that erstwhile you physique a product, you request to polish it precise well. A people of 80 percent is not enough. You request 90% to 95% quality. You request to ever beryllium fig 1 successful the product," helium said.

That product-first doctrine extended to plus sum aboriginal on. In 2013, Gate was among the archetypal exchanges to aggressively database altcoins, offering implicit 100 astatine a clip erstwhile astir platforms stuck to a handful. "At that time, we were the lone speech that could bash that," Dr. Han recalled.

The adjacent signifier of growth, helium says, volition travel from regulated markets. Gate present holds licenses crossed 80 jurisdictions, including 44 US states and sum crossed much than 20 European countries nether MiCA. The level besides holds licenses successful Dubai, Japan, and Australia.

"We launched our level for regulated areas past year, but this twelvemonth we privation to turn the users there," Dr. Han said, acknowledging that competing with established section players successful Europe and different regions remains a challenge. "In immoderate areas, they person their ain section players who person operated determination for galore years. We are the caller player. We request to fto much radical cognize astir us."

Gate has been expanding beyond crypto-native assets into what the manufacture broadly calls TradFi integration. The speech present offers tokenized equities, gold, silver, commodities, and banal indices — each tradeable 24/7 connected the aforesaid level wherever users negociate their crypto portfolios.

Dr. Han described 2 limitations of accepted markets that drove this move: determination restrictions that forestall users successful galore countries from opening US brokerage accounts, and the constricted trading hours of accepted banal exchanges.