Gate.io Review

Ogueji Chisom Caleb
8 min readOct 19, 2022

Gate.io is one of the world’s leading cryptocurrency exchanges, with the largest number of cryptocurrencies available for trade. That being said, are you ready to start your crypto journey and begin shaping your financial future?

As expected

Buckle up, because it's going to be an interesting ride. Let's go!

Introduction

Gate.io was established in China by founder and current CEO Lin Han. He wanted to create a secure trading platform for everyone who believed in Bitcoin. The exchange was launched in 2013 under the name Bter or Bter.com, and then, in the fall of 2017, the exchange was taken over by Gate Technology Inc. and has been renamed.

What is Gate.io?

Gate.io is one of the world’s leading cryptocurrency exchanges, offering the most cryptocurrencies for trade. It is an excellent choice for beginning to advanced crypto traders who require a dependable, secure, and user-friendly mobile app to begin trading.

Features

Gate.io offers a wide range of services for those looking to get into the cryptocurrency market. Some of its features include:

Price Alerts

With Gate.io’s mobile app, you can customize your dashboard to get crypto market insights and set automatic buy and price alerts. You can also stay up to date on the latest prices and trends with real-time notifications on your favourite cryptocurrencies.

Crypto Wallet

Keep your crypto tokens and coins in a crypto wallet. With Gate.io’s crypto wallet, you will be able to buy, sell, transfer, and manage your cryptocurrencies.

Spot Trading

An easy-to-use interface designed for efficient and convenient real-time trading. It allows you to easily buy, sell, and trade Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.

Margin Trading

Professional traders can be able to trade with their own funds or borrowed funds with this feature.

Trade Futures & Options

Leverage is used to trade Bitcoin futures, options, and other crypto derivatives.

NFT

With Gate.io, users can also create, exhibit, sell, and store NFTs.

An Array of earning features

With Gate.io, you have the ability to earn interest on your crypto by lending and staking. Also, with their referral program, you can invite your friends and earn up to 50% of Gate.io’s commissions.

Register now in just a few steps and get a whopping $100 bonus!

Why choose Gate.io

Are you a crypto enthusiast, community member, or investor wondering what Gate.io has to offer you? Well, let’s break that down for you!!!

I couldn’t agree more!

Low fees: Gate.io has low fees, like the majority of alternative coin exchanges. The platform charges about 0.2% of the total order amount for each trade.

Support for several payment options: Gate.io integrated a variety of payment methods and systems to improve user convenience and accommodate users on its platform.

High liquidity:
Liquidity refers to the ability to quickly and cost-effectively convert assets into cash. According to coinmarketcap data, Gate.io has emerged as one of the top ten exchanges, with a trading volume running into billions, according to coinmarketcap data.

It accepts around 50 fiat currencies: Gate.io, according to its website, operates in over 200 countries and handles approximately 50 different fiat currencies

Copy trading: Copy trading enables individuals in the financial markets to automatically copy positions opened and managed by other experienced individuals. A method that allows traders to copy specific strategies and implement them without having to do all the technical stuff.

Customer support: Aside from the 24/7 live chat available to all users, it also has a large support database with a FAQ section and a new user guide. You can also submit support tickets for more complex issues.

Support for a wide range of cryptocurrencies: Gate.io supports over 1500 cryptocurrencies. This includes nearly all of the top 20 cryptocurrencies by market cap, as well as other altcoins. So, if you’re looking for a cryptocurrency, there’s a good chance it’ll be here.

The ability to buy and sell crypto easily: Gate.io offers you an intelligent and intuitive UI and UX. With their mobile app, which is simple and easy to use, you can create an account and start trading instantly, buy crypto easily with a credit card, debit card, or bank transfer, and also get no deposit fees, low trading fees, and low withdrawal fees.

Secure, reliable and transparent: Gate.io is one of the world’s most secure cryptocurrency exchanges, with industry-leading security since its inception. It offers a full range of active and passive protection regardless of login, transaction, or withdrawal.

Register now in just a few steps and get a whopping $100 bonus!

Available Cryptocurrencies

Gate.io trades over 1,500 cryptocurrencies. This includes almost all the top 20 cryptos by market cap, along with many less common coins that are hard to find. Its list is magnitudes bigger than many other cryptocurrency exchanges, which is a major reason why experienced investors choose this exchange. Some of its cryptocurrencies include:

Bitcoin (BTC)

Bitcoin Cash (BCH)

Ethereum (ETH)

Ethereum Classic (ETC)

Tether (USDT)

Dogecoin (DOGE)

Shiba Inu (SHIB)

Cardano (ADA)

Solana (SOL)

Polkadot (DOT)

Dai (DAI)

TRON (TRX)

Avalanche (AVAX)

Polygon (MATIC)

Chainlink (LINK)

Litecoin (LTC)

Decentraland (MANA)

The Sandbox (SAND)

Axie Infinity (AXS) and many other cryptocurrencies.

So if there’s a cryptocurrency you’re looking to buy, sell, or trade, there’s a huge chance it’ll be on the list of Gate.io’s over 1500 cryptocurrencies. Thus, the wider the list, the better your investment options.

same here!

Gate.io Deposit Fees

Gate.io, like most cryptocurrency exchanges, does not charge its users any deposit fees.

Withdrawal Fees

Users who withdraw funds from the Gate.io crypto exchanges are charged a standard blockchain network fee, which is determined by market (time-limited market) forces at the time.

The withdrawal fee for each asset is different. When users withdraw bitcoins from the exchange, they are charged a 0.0005 BTC withdrawal fee. As a result, Gate.io’s fee structure is 40% lower than the global average, with the industry average being around 0.0008 BTC per Bitcoin withdrawal.

Trading Fees

The trading fee structure at Gate.io, on the other hand, differs between spot markets and margin trading markets. As a result, the spot trading fee at Gate.io is 0.2%, which decreases as trading volumes increase.

Also, users can pay the trading fees with Gate.io tokens (GT) and receive a 25% discount. Again, there is a separate fee structure; the futures market trading fee is based on the maker-taker fee model. The maker-taker fee is 0.025% and the taker fee is 0.075%. This maker-taker fee structure is less expensive than that of the majority of the world’s leading margin trading platforms.

Gate.io mobile app

The Gate.io platform provides an excellent app for next-generation users who prefer trading on their smartphones. The mobile app is compatible with iOS and Android devices and can be easily downloaded from Google Play for Android users and the App Store for Apple users.

The app has been downloaded by over 50K users who have given it high ratings, according to various Gate.io reviews. The Gate io app provides functionality similar to the desktop trading versions, with no limitations on traders entering trade positions or monitoring trades while on the go.

Register now in just a few steps and get a whopping $100 bonus!

Gate.io Sign up

With Gate.io's intelligent and intuitive UI design, you can get signed up in no time. However, just in case you get lost and need to find your way, here is a quick and detailed guide on how to sign up in just a few steps.

Gate.io Account Registration

Step 1

Visit Gate.io. On the landing page, head to the top right corner of the page and click on “Sign up.”

Step 2

On the create account page, you can create your account with your email or phone number. For email, fill in your email, create a password and fill in your referral code if you have one, then tick the user agreement and click on “Sign up.”

Step 3

Now a verification email will be sent to your email. Head to your email address, open the message sent to you by Gate.io, copy the 6-digit code, and paste it into the required field.

Deposit Funds

After successfully signing up and verifying your identity, you can immediately begin to deposit funds into your Gate.io account using any of the numerous cryptocurrencies and stablecoins like USDT to start trading.

Is Gate.io safe?

The ability of an exchange to be secure cannot be overemphasized. Security is highly essential and a major priority in an exchange, as hackers have made it a prime target due to the transparency of Blockchain technology.

Gate.io covers all areas of security, ranging from platform security to asset security, account security and more. Gate.io takes security very seriously and fulfils many of the security criteria you should look out for. Some of its security features include:

Hot and Cold wallets: Gate.io hot wallet is protected by professional service provider HSM, which uses multiple technical means such as multi-signature, MPC/threshold signature, and cloud data risk control, amongst others, to ensure the security of private keys.

Cold wallets, on the other hand, the gate.io cold wallet private key follows the principles of remote backup, bank custody, media storage, multiple signatures, and completely offline options to ensure the absolute security of assets

External security audit: In order to test its system and third-party anti-malware defence, Gate.io hires expert auditing firms.

2FA and more: Users have the option to enable 2-factor authentication, account monitoring, and anti-phishing safeguards, as well as user-level security safeguards.

Bug bounty: In order to increase platform security, Gate.io has also started a bug bounty program that incentivizes researchers who report bugs and vulnerabilities.

According to respected cybersecurity organizations in the crypto industry, Gate.io was also ranked first out of 100 crypto exchanges in terms of cybersecurity scores.

Bottom line

Gate.io is an excellent altcoin exchange created for both beginners and experienced crypto market traders alike. Apart from the variety of altcoins, it also lures investors with its lucrative 10x margin trading, perpetual contracts, best-in-class IEO platform, and even financial services like Margin Lending, Borrowing, or Periodic Investment Plans. Sign up now and get access to Gate.io's array of products and services.

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