COINTELEGRAPH · 2026-10-28 09:42 UTC

The next crypto exchange war is fought at the checkout counter

Crypto exchanges are shifting competition from trading features to becoming full financial platforms, adding cards, fiat services, stock trading, and yield products to capture more of users' financial lives. Gate launched Gate Money at Token2049, integrating fiat, digital assets, stocks, and gold into one account with a Visa-powered card, allowing users to spend directly from any asset class. Gate's proof-of-reserves shows $8.688 billion total reserves (118.49% ratio), with Bitcoin reserves at 25,727 BTC (121.60% ratio) and Ether at 449,042 ETH (123.78% ratio).

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