RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Gate.io

Gate.io Exchange Review

Centralized

Gate.io Overview

  • Cryptocurrency exchange or digital asset exchange Gate.io was founded in the latter part of 2017. Gate.io seems to be US-based with a registered address in Virginia. A Gate.io exchange review shows that their trading platform or website seems to be available in different versions or languages, including Chinese, English, Japanese and Korean.

    It is also revealed by a Gate.io exchange review that this unlicensed exchange forms part of Gate Technology Incorporated. However, while KYC verification is not obligatory, it seems that users who wish to withdraw more than a $1000 in USD are frequently asked to confirm their personal data. This is positive in terms of self-regulation that is needed, especially at centralized crypto exchanges.

    Gate.io serves the crypto community via no less than 367 markets, including USDT, CNYX, BTC, ETH and time-limited markets. This while more than 100 cryptocurrencies and cryptocurrency pairs are available for trading. A Gate.io exchange review also reveals that this digital asset exchange offers instant deposits and withdrawals of cryptos, no deposit fee and low trading and withdrawal fees). This while in terms of security, they make use of a secured SSL link and technology that enables secure, offline Bitcoin wallets.

    The trading platform Gate.io provides is also accessible via mobile devices with Android and iOS operating systems. This makes it possible for a larger base of traders and other users to make use of what Gate.io has to offer. Their product / service offering is also said to include the tools required for analysis. Margin trading, margin borrowing and lending are also available.

    Their website features market information on trading volumes, liquidity and other information related to the cryptocurrency investment scene via graphics, which is a nice feature. Though it supports nice features and is designed in a clean fashion, the website has been reported to be a bit complicated to use. Signing up to the exchange is fairly easy, as instructions and necessary links are provided under the link “new user signup”. Once registered, users have an option of 4 primary markets, an exchange review reveals. Users can also create a custom market for themselves.
    Gate.io operates on a somewhat low trading fee system, as it supports a flat trading fee of 0.20%. This is slightly lower than the global average of 0.25%, however, it is not low enough to give Gate.io a significant competitive edge. Gate.io does not charge any fee for deposits or withdrawals, which is an advantageous feature for many users.
    Information about the team behind the exchange is not readily available on the internet. This poses a somewhat critical problem for many users, as the lack of information decreases Gate.io’s trustworthiness and transparency. Also keeping in mind the fact that the exchange is not overseen by a particular company and that it doesn’t hold a license, users should be cautious against possible risks that could possibly arise from using an unregulated exchange.

    Gate.io Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      38470.278 BTC

      • Gate.io Total Trading Pairs

        382

        • Gate.io Margin Trading

          No

          • Gate.io Deposit fees

            Free

            • Gate.io Fiat Deposit

              None

              • Accepted Payment Method

                None

                • Gate.io Native token

                  Yes

                  • Native token smart contract

                    N/A

                    • Gate.io Trading Markets
                      • Gate.io Stablecoins trading

                        Gate.io Withdrawals

                        • Daily Withdrawal Limit

                          depends on currency

                          • Gate.io Withdraw fees

                            USDT – 5 USDT

                            BTC – 0.01 BTC

                            BCH – 0.01 BCH

                            Full list of fees can be found here

                            • Gate.io Withdraw fees discount

                              N/A

                              • Proof of Reserves

                                N/A

                                Gate.io Exchange Rating Analysis

                                Last edit 25.07.2019

                                • Gate.io is a crypto exchange based out of the U.S. with a large number of different crypto, quick customer service and a decent website. However, their team appears entirely anonymous, which is of concern. The FAQs don’t offer a search function, and the chat support only operates a week into registration onto the site. The site has previously been hacked and crypto is not insured, so your capital is at risk.

                                  Gate.io IEO launchpad

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                                  Crypto Neo-value Neural System

                                  Apr 22, 2019 - Apr 22, 2019 n/a
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                                  Apr 29, 2019 - Apr 29, 2019 $1.5M
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                                  Gate.io Exchange Additional Information