Gate bets allinone money app is cryptos biggest consumer trend this year and next

Image for article Gate bets allinone money app is cryptos biggest consumer trend this year and next
News Source : CoinDesk

News Summary

  • Gate rebrands around Gate Money, which combines accounts, asset conversion, savings and card payments.
  • CEO and founder Lin Han predicts that all-one-money apps will become one of the biggest consumer trends in the coming year.
  • Gate now allows users to hold and convert cash, cryptic currencies, stocks, gold and other assets in one account, then spend from those holdings through a card.
  • The Cayman Islands-headquartered firm has $2 billion 24-hour trading volume and over 60 million users.
We dont want to stay with a small group of people who are professional at trading, Han said. We want to provide this product to a wider range of customers.

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