Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
#DeFiLossesTop600MInApril
Elon Musk Says Most Crypto Assets Are a Scam, but X Launches New Crypto Trading Terminal
Elon Musk told a jury in Oakland that most crypto assets are a scam during testimony in a civil trial against OpenAI, marking a major shift from his position as one of the sector’s most vocal supporters for years.
Tesla and SpaceX leaders made this statement when he was asked about OpenAI’s 2018 plans to raise funds through an initial coin offering (ICO), according to New York Times journalist Mike Isaac.
Sharp Turn from Vocal Crypto Advocate
From 2020 to 2021, Musk moved markets through posts and corporate purchases. Tesla bought Bitcoin
BTCUSD
worth US$1.5 billion in 2021, becoming one of the first major publicly listed companies to put crypto assets on their financial balance sheet.
Musk’s posts about Dogecoin
DOGEUSD
repeatedly pushed the meme coin’s price to new all-time highs in the same year. The billionaire also previously said he owns Bitcoin, Ethereum
ETHUSD
, and Dogecoin in various interviews.