Gate.io Review: Gate.io is a cryptocurrency exchange that enables you to trade, invest, stake, and use wallets, and other services. This platform offers over 1200 different currencies, Gate.io fees, and discounts for those who own a considerable amount of Gate.io Token (GT).
PROS & CONS
Pros
⦿ Over 1,200 tokens for sale
⦿ Low trading fees with a discount for holding GT
⦿ 20% discount on trading fees if you sign-up thru Top10
Cons
⦿ Not Available in the US and Canada
⦿ The old website was overwhelming to new investors.
⦿ Was subject to a hack in 2019
KEY TAKEAWAYS
- Users can buy, sell, and trade over 1200 different cryptocurrencies on Gate.io.
- This exchange accepts advanced order types, futures, and margin trading
- It provides regular bonuses and incentives
SPECIFICATIONS
Year Founded: 2013
Official Website: https://gate.io
Cryptocurrencies Available: 1200+
Customer Support: Email and Chat
Pros Explained
1- Huge selection of available cryptocurrencies, though some may be unavailable based on location
2- Discounts and privileges for holders of GateToken, the platform’s native cryptocurrency
Cons Explained
1- No services are available to residents of the U.S. and Canada
2- Potentially overwhelming to new investors
3- Subject to hack in 2019
Introduction to Gate.io
Gate.io review: With over 1400 cryptocurrencies, it is the world’s largest cryptocurrency exchange by coins offered.
It is regarded as one of the safest and most dependable worldwide cryptocurrency platforms, with over 10 million registered users. It is constantly listed among the top 10 cryptocurrency exchanges based on liquidity and trading volume on Coinmarketcap. Gate.io has been validated by the Blockchain Transparency Institute’s (BTI) market monitoring study.
Beyond its centralized cryptocurrency exchange, Gate.io has one of the most extensive collections of crypto assets as well as additional services.
Gate.io review: Company Overview
Founded in 2013, Gate.io has strived to provide its users with the best trading experience in the last 8 years. Regarding trading volume, Gate.io is one of the top 10 crypto exchanges in the world, listing crypto assets that are great in quality and have a high rate of return.
Gate.io aims to create a powerful blockchain ecosystem for its users. With the help of Gate.io’s public blockchain ‘GateChain’, we are creating innovative products and services catering to all users’ needs.
Cryptocurrencies Available on Gate.io
Gate.io offers the best selection of Coins, with over 1,200 cryptocurrencies listed. Users can buy, sell, and trade popular assets like Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Solana (SOL), Cardano (ADA), as well as VeChain (VET), and Gatetoken (GT).
How to buy Crypto on Gate.io?
Follow the simple steps below to make your first purchase:
- Log in to your Gate.io account. In the Menu Bar at the top of the page, click ”Buy Crypto” and select “Credit Card” .
- Enter the amount in the “Buy with Fiat Currency” and select the crypto that you wanted to buy under the “Currency Purchased” field. Then choose from the “Service Provider” below and click the “Place Order” button to enter the Gate. io user-exclusive settlement page.
- On the exclusive checkout page for Gate. io users, select the “Buy Crypto” or the “Create Order” button to complete the payment.
- Complete the details to pass the Identity Verification for you to receive your order.Users need to conduct Identity Verification with a third-party service provider (KYC) to ensure a quick and secure way of receiving the order.
- Once verified, the service provider will immediately transfer and exchange the cryptocurrencies in your Gate.io account. Congrats, you made it! You are a cryptocurrency investor.
How to trade on Gate.io?
Step 1: Log in to your account. Click on “Spot Trading” under “Trade” on the top navigation bar. You can either choose “standard” or “professional” version. This tutorial uses standard version.
Step 2: Search and enter the pair you want to trade.
Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to certain percentages of the account balance.)
Step 4: Click on the last prices on the order book to set the buying/selling price conveniently.
Step 5: Confirm the price and amount. Then click on “Place Order”.
Step 6: After successfully placing an order, you will be able to view it in “My Orders” at the bottom of the page. You can also cancel the order here by clicking on “Cancel”.
Gate.io Fees
The trading fees are volume-based, so you’ll enjoy bigger reductions as your trading volume grows. Hold GT and pay your trading expenses in GT to save even more money.
Opening a Gate.io Account
Step 2: Register with email
Input username, your email address and password. Please check “I certify that I am 18 years of age or older, and I agree to the Gate.io User Agreement Privacy Policy” and click “NEXT”.
Step 3: Set your fund password and click “Create account”. Please note that your fund password contains at least 6 characters and can not be the same as your login password.
An activation email will be sent to your email address. Complete the rest of the registration process following the instructions in the email to activate your account. Once it’s done, click “Email activated, please log in”.
Our Approach
Our team is tasked with sourcing the best deals, bonuses, and products related to cryptocurrency trading. We evaluate the exchanges based on overall rating, numbers of users, adoption, and resources.
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Gate.io is a cryptocurrency exchange that enables you to trade, invest, stake, and use wallets, and other services. This platform offers over 1200 different currencies, Gate.io fees, and discounts for those who own a considerable amount of Gate.io Token (GT).