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Trading Type
Spot
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Trade new tokens before they are officially listed
Margin
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Convert & Block Trading
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Trade any size with no fees and no slippage
Alpha
Points
Get promising tokens in streamlined on-chain trading
Leveraged Tokens
Get exposure to leveraged positions simply
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
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Futures Events
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Demo Trading
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Promotions
Activity Center
Join activities and win big cash prizes and exclusive merch
Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
Announcements
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Gate Blog
Crypto industry articles
VIP Services
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Proof of Reserves
Gate promises 100% proof of reserves
🚨 Eric Trump: Crypto to Replace Banks in a Year?
💸 Eric Trump reportedly claimed crypto will "replace banks" within a year, calling them "antiquated and discriminatory." 🔥 But how true is this? 🤔
Fact Check: Eric has criticized banks as outdated, favoring blockchain for its speed and cost-efficiency (CNBC, Apr 2025). He predicted banks could face extinction in 10 years if they don’t adopt crypto, not one year. The "one-year" claim seems exaggerated, likely amplified by X posts without primary sourcing. 🕵️♂️ No major outlet confirms the exact quote or timeframe. Banks adopting crypto is plausible, but a full replacement in a year is highly unlikely due to regulatory and infrastructure hurdles.
# Trump