Gate Founder Sees Everyday Services Eventually Outgrowing Trading

Gate founder and CEO Dr. Han expects payment and everyday-use services to become a bigger business than trading over time, outlining a shift for a platform whose largest revenue source remains exchange activity. Trading remains Gate’s largest revenue source, while payments account for a very small share, Han said. “From the current perspective, trading revenue still holds the largest share,” he said. Gate Pay is growing, but Han said it has not yet reached a broad base of everyday users. He expects payment-related and everyday-use businesses eventually to outgrow trading, with users adopting those services gradually.

Source: TokenPost