Gate.io Collaborates with TXNHUB.io for Web3-based E-Commerce Shopping

A well-known crypto exchange Gate.io has started a collaboration with TXNHUB.io for its Gate MiniApp which is an open platform operating within the ecosystem of Gate Pay. The collaboration will permit a formation of a bridging solution to interlink the Web3 and Web2 worlds. The respective partnership is starting today and will allow the customers to access the TXNHUB mini-project. Along with this, they will also have a Web3-based experience of e-commerce shopping on Gate MiniApp which contains more than 1,000 SKUs and brands.

Gate.io Takes TXNHUB.io as Its Partner to Offer E-Commerce Shopping in the Web3 World

Gate.io is of the view that the crypto assets while playing the role of payment means, will connect blockchain technology as well as the everyday lives of the common masses. As per the platform, this would pave the way for a broad-level adoption beyond the present scopes that are limited. In this respect, Gate.io expressed its enthusiasm to partner up with innovative ventures such as TXNHUB.io.

In the words of Gate.io, this would be assistive in developing financial technology-based solutions to bring conventional services to the Web3 space. The platform is of the view that this would permit people to avail of advanced as well as easy-to-use technology. A few days back, it was reported that the crypto exchange announced listing BMEX (the native token of its competitor exchange called BitMEX).

The Crypto Exchange Lists Its Rival’s Native Token

With this listing, the customers of Gate.io will be allowed to sell as well as purchase BMEX coins via the spot pair BMEX/USDT. On the contrary, BitMEX consumers can keep on trading the BMEX token via BitMEX Convert and BMEX Spot. They can also go short or long on the token through BMXUSDT and BMEXUSD listings. In this respect, they can set a leverage of approximately 50 times.

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During recent months, several million tokens were airdropped by BitMEX to numerous consumers to facilitate trading. The already existing and latest consumers were allowed to obtain the airdrop via subscribing to the firm’s passive earning forum named BitMEX EARN. Gate.io got a significant position within the headlines formerly in February when it disclosed its plan to get a license in Hong Kong. It wanted to do so to leverage the city’s endeavors to turn into a hub for crypto assets.