From Gate Hong Kong Tour: Observing the New Competitive Logic of Exchanges

In the past, exchanges competed on listing speed, transaction fees, and contract depth. Now, they are increasingly competing on "international image" and "regulatory narrative." Gate is active in Hong Kong, essentially participating in a new form of competition—who is more like a part of mainstream finance.
Hong Kong naturally possesses the attributes of a financial center, with many institutions, abundant capital, and clear regulations. The presence of an exchange here inherently adds credibility. Especially after multiple industry reshuffles, users' sensitivity to platform security and compliance has significantly increased. Platforms that operate frequently in compliant regions are more likely to build trust.
But from another perspective, this also means higher costs. Compliance communication, brand building, and resource investment all require real money. In the future, the gap between exchanges may no longer be solely reflected in technology but in who can participate in the global financial narrative over the long term.
A playful remark: In the past, it was about who could list tokens faster; now, it's about who is more like a "financial elite." The crypto world is also starting to talk about temperament. #Gate香港活动来袭