Gate CEO says crypto exchanges still have to earn the public's trust

Crypto exchanges have a trust problem, and one of the industry's longest-running CEOs says the fix isn't finished. Han, founder and CEO of Gate, told Cointelegraph that exchanges need to do more to show the public their assets are actually secure, according to the outlet.

He made the case on CHAINREACTION, in conversation with Cointelegraph's Ciaran Lyons. His framing was blunt: trust has to be earned, and exchanges still have work to do. That's a notable admission from the top of a major trading venue.

The underlying issue is simple. Customers hand exchanges their coins and expect them back, which makes transparency about how those assets are held a core part of the pitch, not a marketing extra. Han's point is that the industry hasn't closed that gap with the public yet.

Cointelegraph teased the full discussion under the CHAINREACTION banner, pointing listeners to the rest of the conversation for the reasoning behind his stance. For now, the headline message from Gate's chief is that the burden of proof sits with the exchanges, not the users.