Where is Gate.io located? This is young American exchange appeared in the summer of 2017. Is Gate.io legit? Yes, it is registered in the US and now offers the trading of 129 tokens, including the most popular Bitcoin and Ethereum. Unfortunately, Gate.io exchange does not support fiat currencies, but here there is USDT as an alternative to the US dollar.
Gate.io reviews the 3 language interfaces of the site.
You can select any of them at the top right of the site.
Gate.io has a good daily trading volume, which you can see on the main page of the site for each available token. Here you can see the course curve and other information on the selected cryptocurrency.
On the platform, all trading transactions have Gate.io fees of 0.2%. About this and that the commission for withdrawal is 0%, tells us the main page at the very bottom. In order to get a discount on the commission, you need to get the level of VIP 1 (VIP 0 you get after your registration). To get it, you need to have at least 3 BTC on your account.
Also on the site, you can find the tab “Fee”, where you will find the commission on the withdrawal, which is 0% but with some increase, and also Gate.io limits on the tokens’ withdrawal.
While we were writing this Gate.io review, the number of Gate.io alternative coins (altcoins) increased by 2 and now there are 131 crypto-currencies. Next, we will go to the question “Is Gate.io safe?”.
Is Gate.io safe?
From a security standpoint, nothing is unique on the platform. But without any special tricks, the security of the exchange and the security of your account are guaranteed. To avoid any Gate.io scam, the platform stores tokens on cold wallets. And in order to ensure the security of your Gate.io login, you can connect two-factor authentication. It is also important to note that verification at the exchange is not required and this is its big plus.
Gate.io support is a separate exchange’s page, which you can find on the “Help” – “Support” link at the top of the site.
Here you can find the interface in 5 languages:
You won’t find Gate.io phone number here, but you can find many topics with detailed answers to different categories of questions. The site team regularly adds new information. To contact the support directly, you should use the ticket system, which you can find at the top of the same page.
Now let’s review topics “how to use Gate.io” and “how to buy on Gate.io”.
To get started with Gate.io, you need to register. Interestingly, in addition to the usual password, you need to enter a fund password, which you will use to confirm the withdrawal and trade. Here is the form for registration.
To trade, 4 different markets are available. Below you can see how it looks on the site. The whole trading process is very simple and intuitive.
Let’s sum up our Gate.io review 2018 and highlight its main aspects.
- Simple interface;
- Easy registration;
- High reliability of the exchange and the absence of Gate.io fraud;
- Gate.io down is absent;
- Verification is absent;
- Gate.io API;
- Many altcoins and the constant addition of new ones.
- Commissions are higher than on some other exchanges;
- Fiat currencies are not available;
- There are limits on the withdrawal of tokens.