Gate.io | Business24-7

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Written by Stefan Grasic Edited by Giles Thomas Fact Checked by Tomislav Turcin

7 March 2023

2 March 2023

Page Summary

Gate.io is a cryptocurrency exchange founded in 2013 where users can trade over 800 different cryptocurrencies. It accepts traders from across the globe except for China and is registered in Virginia, USA. Users can trade both spot and margin on Gate.io and it offers ETFs, options, futures, and derivatives. Gate.io focuses on experienced traders but beginner traders can use their trading platform as well.

Gate.io Features

Gate.io offers spot, futures, derivatives, and margin cryptocurrency trading, spread betting, a demo account, and real-time market information. Users can trade crypto with up to 10x leverage, earn interest on their holdings via Gate.io’s staking services and enjoy low trading fees. Gate.io’s customer support is available 24/7.

Pros

Over 800 tradable cryptocurrencies across 400 markets
Has an initial exchange offering platform
Trading app available
Margin trading with up to 10x leverage
24/7 customer support

Cons

Unregulated
Not suitable for beginners

How to Open a Gate.io Account

You open a Gate.io account by going to their website, clicking on ‘sign up’, filling in the registration form, agreeing with the terms and conditions, and then clicking on ‘next’. Gate.io will send you an email with a link that you have to click to finish the signup process. When you log in for the first time you will have to create a separate ‘fund password’. You will need to enter this separate password whenever you want to withdraw funds. This adds an extra layer of security to your account.

Gate.io Verification

To verify your Gate.io account you log in, click on ‘verify’, and upload a photo of your passport, driver’s license, or identity card. You don’t need to verify your account to start trading at Gate.io but will have to once you want to withdraw funds.

Deposit at Gate.io

Users can deposit cryptocurrency into their Gate.io hot wallet by copying the deposit address of the desired crypto and filling it in as the recipient in an external wallet app, exchange, or software.

Start Trading on Gate.io

You start trading on Gate.io after you have deposited funds into your account and selected either the Standard or the Professional trading interface. The Standard trading interface contains the latest cryptocurrency price charts, an order profile list, the users’ trading history, and an order entry box. The Professional trading interface included tools for technical analysis like indicators.

Gate.io Fees

Gate.io charges its users trading fees based on a maker/taker model and withdrawal fees. The pricing for spot and margin trading markets differ. With spot trading, the fees are 0,2%/0,2% and with margin trading, the fees are 0,0%/0,05%. The withdrawal fees are based on the current miners’ fees. The futures market has 0,025%/0,075% maker/taker fees. These fees are lower than at other cryptocurrency exchanges and can be lowered further by holding Gate.io tokens (GT).

Gate.io Deposits and Withdrawals

Users can only deposit and withdraw cryptocurrencies with Gate.io and there are no minimum or maximum limits. Users have to go through a KYC process to be able to withdraw. Gate.io processes all withdrawals within a maximum of 12 hours.

Gate.io Security

Gate.io is a secure cryptocurrency exchange that stores clients’ funds on cold wallets. Users can set up two-factor authentication to further protect their accounts. Gate.io offers other security tools like anti-phishing code, Blind IP logins, and a separate fund-withdrawal password.

Gate.io Rewards

Gate.io has a reward system in place where users can earn points to reduce fees on the platform. Users have to complete ‘missions’ to earn these points. Examples of tasks are reaching a certain trading volume, growth of account balance, and making x amount of trades.

Gate.io App

Users can download the Gate.io crypto trading app on both iOS and Android devices in their respective app stores. Their app has been downloaded over 50,000 times and is rated well. The Gate.io app offers the same features as the desktop trading platform.

Supported Cryptocurrencies on Gate.io

Gate.io offers the spot and margin trading of over 800 cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin.

Gate.io Trading Platform

Gate.io’s trading platform features real-time cryptocurrency pricing charts, tools to conduct technical analysis, and a navigation menu to switch between spot trading, margin trading, borrowing, lending, and perpetual contracts trading. The trading platform is easy-to-use and users can choose to either use the Standard interface or the Professional one. Traders can place market, limit, stop, Immediate or Cancel, and Iceberg orders.

Gate.io Customer Support

Gate.io’s customer support is available 24/7 via live chat and email. Users can use Gate.io’s help center to find answers to questions they may have.

UAE Investors

Gate.io accepts traders and investors from the United Arab Emirates. There are no KYC requirements on Gate.io.

Gate.io Review – Our Verdict

Gate.io is one of the best cryptocurrency exchanges. They offer spot trading, margin trading, perpetual swap contracts trading, and financial services like Period Investment Plans. Apart from these financial instruments Gate.io offers ETF, options, futures, and derivates trading and staking services. Beginner traders can practice with Gate.io’s demo account. We recommend trading with Gate.io.

FAQ

Is Gate.io reliable?

Yes, Gate.io is a reliable cryptocurrency exchange that has never been hacked. They are in the process of becoming regulated.

How do I withdraw funds from Gate.io?

By filling in the withdrawal form on their website. Select the cryptocurrency you want to withdraw, click on ‘withdraw’, and follow the on-screen instructions.

What are the Gate.io fees?

Gate.io charges spot market maker/taker fees of 0,2%/0,2%, 0,0%/0,05% margin trading fees, 0,025%/0,075% futures trading fees, and withdrawal fees based on current miners’ fees.

Disclaimer

Stefan Grasic

Stefan Grasic (Dipl.-Jur) is the owner of Business24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active stock, CFD, crypto and general investment researcher, advising blockchain companies such as Blockbird, GoCrypto, Hive Terminal at their start up level. Stefan began trading in 2010 as a college student. Money was tight,…