Gatecoin Exchange ReviewCentralized
In March 2019, Gatecoin shut down due to alleged financial difficulties. We have updated our score.
Gatecoin is a digital asset or cryptocurrency exchange with headquarters in Hong Kong. It was founded in July of 2013 by Aurélien Menant – a former investment banker. A Gatecoin exchange review reveals that Gatecoin seems to be the first cryptocurrency exchange to list Ether or Ethereum (Ticker symbol: ETH) – in August, 2015. The exchange shut down in March 2019, citing financial difficulties.
Gatecoin seems to be the only Bitcoin-related technology company that enjoys the support of the Hong Kong Science and Technology Parks Corporation (HKSTP). The latter is a public corporation that was set up in 2001 by the Hong Kong Government. It aims to support or advance technology and innovation in Hong Kong.
A Gatecoin exchange review also reveals that they enjoy the support of Tuspark, short for Tsinghua University Science Park – a business park that was built by high-tech Chinese company, Tuspark Holdings Limited.
Gatecoin served the crypto community via no less than 15 active markets. A Gatecoin exchange review reveals that they enforce strict AML and KYC policies that are in line with global best practice and the Hong Kong Anti-Money Laundering Ordinance (AMLO). Being one of the leading digital asset exchanges in Hong Kong, they also offer trading in the Singapore Dollar (SGD) via BTC-SGD and ETH-SGD trading pairs.
Gatecoin also pride themselves of being a “gateway to the ecosystem of decentralized applications”. The reason for this is because they have from the very beginning, made a serious effort to list ERC20 tokens that are involved in decentralized applications (dApps). One can’t help to wonder how this ties in with their strict AML and KYC policies as it seems to be the opposing ends of two different worlds.
They have suffered an alleged security breach in 2018. They claim that about 185,000 ETH and 250 BTC were lost in a hack of one of their hot wallets that started on May 9, 2018.
24h Trading Volume0.636 BTC
Gatecoin Exchange Review
Withdraw fees vary. Full list available here.
Gatecoin Fees Discount
This exchange offers various fees discounts. More information here.
Gatecoin Deposit feesDeposit fees vary
Gatecoin Trading fees
Maker and taker fees vary. Full list available here.
Accepted Payment MethodCrypto to Crypto, Crypto to FIAT