Gate.io Cryptocurrency Exchange Review 2018 | finder.com

Gate.io cryptocurrency exchange – October 2018 review

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Gate.io lets you buy and sell a wide range of cryptocurrencies, but is it the right platform for you?

If you’re searching for a cryptocurrency exchange that allows you to buy and sell an extensive range of digital currencies, you may want to consider Gate.io. With 0.2% trading fees, this popular exchange provides access to more than 200 cryptocurrencies, making it a regular fixture amongst the top 50 exchanges by 24-hour trade volume.

To help you figure out whether Gate.io should really be the gateway to your future crypto purchases, we’ve compiled this review of its features, supported currencies, fees and other pros and cons.

Product Name Gate.io Cryptocurrency Exchange
Fiat Currencies -
Cryptocurrencies EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 117+ more
Deposit Methods Cryptocurrency
Trading Fee Fees vary
Deposit Fees None
Withdrawal Fees Fees vary

Pros

  • Provides access to an extensive range of digital currencies
  • Mobile trading app available
  • Cold wallet storage provides peace of mind
  • Large trading volume
  • Supports 2-factor authentication
  • User interface relatively easy to navigate

Cons

  • No support for fiat deposits
  • Other platforms are better suited to beginners
  • A relatively new exchange so hasn’t yet established the same reputation as some other platforms
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Gate.io?

Gate.io is a digital currency exchange that offers crypto-to-crypto trading of a wide range of coins and tokens alongside Tether (USDT), bitcoin (BTC), Ethereum (ETH) and Qtum (QTUM). Its web-based trading platform is designed to be easy to use, and security features like 2-factor authentication and cold wallet storage are supported. Gate.io also offers iOS and Android mobile apps for users who want to trade on the go.

Gate.io is operated by Gate Technology Inc and was founded in 2017.

Which cryptocurrencies can I buy/sell?

Gate.io lists just over 200 digital currencies, including:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Qtum (QTUM)
  • EOS (EOS)
  • Ontology (ONT)
  • Nebulas (NAS)
  • Bytom (BTM)
  • Game.com (GTC)
  • Aeternity (AE)
  • Theta Token (THETA)
  • TRON (TRX)
  • Ethereum Classic (ETC)
  • Zilliqa (ZIL)
  • Cardano (ADA)
  • Litecoin (LTC)
  • Loopring (LRC)
  • Bitcoin Cash (BCH)
  • Ripple (XRP)
  • Bitcoin Diamond (BCD)
  • Aelf (ELF)
  • Monero (XMR)
  • eosDAC (EOSDAC)
  • GXChain (GXS)
  • Dogecoin (DOGE)
  • VeChain (VET)
  • NEO (NEO)
  • BitShares (BTS)
  • Scry.info (DDD)

Available countries

Gate.io is a global exchange accessible to users around the world. However, at the time of this writing (7/12/18), residents of the US and the following countries are excluded from the platform:

  • Bosnia and Herzegovina
  • Democratic People’s Republic of Korea
  • Ethiopia
  • Iran
  • Iraq
  • Syria
  • The Crimean region
  • Cuba
  • Uganda
  • Vanuatu
  • Yemen
  • United States of America
CurrencyWithdrawal fee
Tether (USDT)15 USDT
Bitcoin (BTC)0.001 BTC
Bitcoin Cash (BCH)0.0006 BCH
Ethereum (ETH)0.003 ETH
Litecoin (LTC)0.002 LTC
Zcash (ZEC)0.001 ZEC
Ethereum Classic (ETC)0.01 ETC
Dash (DASH)0.02 DASH
Qtum (QTUM)0.1 QTUM
Cardano (ADA)0.1 ADA

Are there any transfer limits?

Gate.io doesn’t specify any minimum initial deposit amount. However, daily withdrawal limits do apply and vary based on the currency being transferred. Check the table below for a guide to the withdrawal limits that apply to a selection of popular coins and tokens.

CurrencyDaily withdrawal limit
Tether (USDT)100,000 USDT
Bitcoin (BTC)100 BTC
Bitcoin Cash (BCH)1,000 BCH
Ethereum (ETH)3,000 ETH
Litecoin (LTC)10,000 LTC
Zcash (ZEC)1,000 ZEC
Ethereum Classic (ETC)20,000 ETC
Dash (DASH)1,000 DASH
Qtum (QTUM)100,000 QTUM
Cardano (ADA)50,000 ADA

Is it safe to use Gate.io?

To sign up for an account with Gate.io, you’ll need to provide your email address and create two passwords:

  • A password used to login to your account
  • A fund password you’ll need to enter when making a trade or withdrawing funds

These two passwords must not be the same and are designed to provide increased security. Gate.io also supports 2-factor authentication and utilizes both hot wallets and cold storage for customer funds.

Customer support

If you need help with your account, you may be able to find the answer you’re looking for in Gate.io’s online support center. If not, you can submit a support ticket via this center, or send an email to support@mail.gate.io

Pros and cons

Pros

  • Provides access to an extensive range of digital currencies
  • Mobile trading app available
  • Cold wallet storage provides peace of mind
  • Large trading volume
  • Supports 2-factor authentication
  • User interface relatively easy to navigate

Cons

  • No support for fiat deposits
  • Other platforms are better suited to beginners
  • A relatively new exchange so hasn’t yet established the same reputation as some other platforms

FAQ

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Tim Falk

A freelance writer with a passion for the written word, Tim loves helping people find the right products for them. When he's not chained to a computer, Tim can usually be found exploring the great outdoors.

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