Best For

      IEO Participants
      Chinese Traders
      Margin Funding
      Advanced Traders

Gate.io began operations in 2013 and is an Eastern market focused centralized cryptocurrency exchange. Fiat deposits are not supported and KYC is required for all accounts. Gate.io offers a variety of trading options including: futures contracts, margin trading, and CNYX base pairs.

Gate.io Exchange - 2020 Comprehensive Review

Overall Score:

6.5
Trusted
Liquidity:
6 of 10
Purchase Options:
5 of 10
Ease of use:
6.5 of 10
Trust:
7 of 10
Fees:
6 of 10
Support:
8 of 10

Gate.io Exchange Overview

Trading Fees Maker: 0.2% / Taker: 0.2%
Exchange Type Centralized
Fiat Trading No
Purchase Options Crypto Deposits
Android App Yes
iOS App Yes
Trading Options Spot Trading, Margin Trading, Margin Funding, Futures Trading
Order Types Market, Limit-Stop, Immediate-Or-Cancel, Iceberg Order
Exchange Token No
Token Benefits
Charting Software TradingView
KYC Check Yes
KYC Rules Required For All Accounts
IEO Platform Yes
Education Resources No
Convert Micro Balance No
Institutional Accounts No
Trading API Yes
Deposit Insurance No
Withdrawal Speed Fast
Customer Service Live Chat, Email, Support Ticket System
Promotions HODL & Earn - Earnings for your cryptocurrency investment, offering various financial products.

Gate.io Mobile App Features

Deposits

Yes

Withdrawals

Yes

Price Alerts

Yes

Margin Trading

Yes

Margin Funding

Yes

Live Chat Support

Yes

Gate.io Trading Fees (Maker & Taker)

TierMonthly Volume RequirementMakerTakerMaker
Discount
Taker
Discount
VIP 0$0.000.20%0.20%--
VIP 1$30,000.000.19%0.20%--
VIP 2$60,000.000.18%0.19%--

*Trading fees subtracted from user BNB balances receive a 25% discount
*All new users begin at the VIP 0 general trading tier, and should expect 0.1% Maker & 0.1% Taker fees.

Gate.io Withdrawal Fees

AssetWithdrawal FeesMinimum Withdrawal
BitcoinBTC0.0010.001
EthereumETH0.0030.003
TetherUSDT33
Paxos StandardPAX55
USD CoinUSDC55
TrueUSDTUSD55
DAIDAI22
XRPXRP11

Gate.io does not charge deposit fees.

Complete list of Gate.io withdrawal fees per asset

Gate.io Markets & Volume

Rank

60

Total Assets

192

Total Markets

405

Volume 24h

$158,373,630.55

Volume 7d

$983,405,825.25

Volume 30d

$2,551,116,415.27

Gate.io Top Markets

Crypto AssetsPricePairs24h Volume
EthereumETH$501.50158$13,004,132.91
BitcoinBTC$13,204.7876$11,548,422.82
XRPXRP$0.252$156,946.43

Gate.io Supported Stablecoins

Stablecoin AssetsPricePairs24h Volume
TetherUSDT$1.21203$41,110,975.78
USD CoinUSDC$1.012$49,936.34
DAIDAI$1.001$2,462.75
Paxos StandardPAX$0.992$2,051.28
TrueUSDTUSD$1.001$488.91

Gatechain Token (GT)

Ticker

GT

Price

$0.51

Volume

$12,417,126.36

Market Cap

$39,708,697.00

Circulating Supply

78,329,507

Total Supply

300,000,000

Rank

174

Blockchains

Ethereum

Trusted Exchanges

Gate.io, Huobi Global, Bitmax

Hardware Wallets

Ledger, Trezor

Gatechain Token (GT) Exchanges

ExchangeRatingPricePairs24hr Volume
Gate.io6.5/10$0.512$289,079.26
Huobi Global8/10$0.513$163,980.00
Bitmax5/10$0.573$98.07

Recommended Gatechain Token (GT) Wallets

WalletRatingTypePrice
Ledger10/10Hardware$69.99
MetaMask8/10Browser Extension$0.00
Ledger Nano M7/10Mobile Application$96.00
Trezor9/10Hardware$149.99
MyEtherWallet9/10Web$0.00
MyCrypto9/10Web$0.00
TrustWallet9/10Mobile Application$0.00

Gate.io Exchange Alternatives

Rating6.5/107.5/108.5/10
Trading FeesMaker : 0.2%
Taker : 0.2%
Maker : 0.1%
Taker : 0.1%
Maker : 0.1%
Taker : 0.1%
Fiat TradingNoYesYes
Purchase OptionsCrypto DepositsCrypto Deposits, Credit CardsCrypto Deposits, Credit Cards
Trading OptionsSpot Trading, Margin Trading, Margin Funding, Futures TradingSpot TradingSpot Trading, Margin Trading, Margin Funding, Futures Trading
IEO PlatformYesYesYes
Mobile AppsYesYesYes
HeadquartersMaltaHong KongMalta
Learn MoreReviewReviewReview

Pros and Cons

Pros

  • Futures Trading - Perpetual contracts with up to 100x leverage are available for 20+ crypto asset trading pairs including BTC/USD, ETH/USD, and EOS/USD.
  • Margin Trading - Gate.io offers margin trading for 20+ crypto assets with leverage ranging from 3x to 10x.
  • Margin Funding - Gate.io offers users the option to lend their crypto assets to margin traders through the exchange platform. Interest on these margin funding loans are paid daily.
  • Mobile App - Gate.io has both Android and IOS mobile applications available.
  • Customer Support - Gate.io offers 24/7 live chat support for exchange users registered accounts.
  • Referral Program - Registered accounts can refer users and earn up to 30% of their trading fees for a duration of 12 months. Newly referred users also receive a 10% discount for 12 months on their trading fees.

Cons

  • Trading Fees - General trading fees of 0.20% for maker and taker are considerably higher than the industry standard.
  • Low Volume Margin Trading Pairs - Gate.io offers margin trading for several crypto assets with below average order book volume. Blockfer recommends avoiding trading these assets on margin due to extreme volatility risks.
  • Privacy - KYC is required for all user accounts in order to trade on Gate.io.
  • No Fiat Deposits & Withdrawals - Gate.io does not offer fiat deposits and withdrawals and therefore is not a good option for inexperienced users looking to purchase crypto assets or institutions looking to onboard a large fiat trading balance.

Frequently Asked Questions

Does Gate.io accept fiat deposits?

Does Gate.io have a mobile app?

Does Gate.io offer margin trading?

Does Gate.io require users to KYC?

Does Gate.io accept US customers?

Summary

Gate.io is a centralized cryptocurrency exchange with a variety of trading options and a large eastern market user base. The company has been operating since 2013 with a strong focus on retail traders.

Gate.io has followed the lead of Binance, launching their own native blockchain (GateChain) and native exchange token (GateChain Token). The exchange frequently engages its user base with promotions and has recently launched ‘HODL & Earn’, a blockchain assets lending product.

Blockfer recommends Gate.io for intermediate to advanced retail traders based in the Eastern hemisphere. There are no fiat deposit options on Gate.io making the exchange a poor choice for both beginner and institutional level users.

Learn More Best Features

Gate IO Official Website

  • Advance exchange features like margin trading, futures market, staking, and margin funding.
  • Good liquidity on BTC/USDT markets. Large selection of alt-coin trading with USDT pairs.

Legal & Regulation - Facts & Figures

Legal Name Gate Technology Incorporated
Incorporated Country Malta
Headquarters Cayman Islands
Year Founded 2017
CEO UNKNOWN
Total Employees 101-250
Regulators Not Regulated
Links Website, Crunchbase, Source code, Twitter, Blog, LinkedIn

Methodology: How We Review And Compare

Our mission is to provide the most informative, unbiased, and useful reviews and comparisons possible for products and services in the blockchain finance industry. Assessments are powered by experts with years of relevant experience.

The cryptocurrency exchanges found in this category have been tested extensively by our team as part of the review process. Factors we analyze in our exchange reviews and comparisons include: liquidity, purchase options, user experience, trading fees, trading options, listed assets, reputation, mobile experience, and customer support.

The Blockfer Promise: We do everything in our power to keep content up to date and in the best interests of our audience. Blockfer does not shy away from poor ratings. Products or services that do not meet our reputability standards will be rated as 'Not Trusted'. Compensation from partners does not, and will never, effect our review process.

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