Gate.io has a daily trading volume of $5B with over 17M clients. It offers 0% interest loans and 17 user levels. By reaching the top level, you get Futures maker/taker fee of 0.000%/0.015%. Gate.io exchange offers leverage options of up to 1:100 on 2500+ cryptocurrencies.
Gate.io; Which Company is Behind Gate.io Exchange? Is It Regulated?
Gate, one of the oldest and most respected cryptocurrency exchanges, has been operating since 2013. Originally launched as Bter.com in China, it was rebranded and relaunched as Gate.io in 2017 to expand its global presence and counter the Chinese government’s war against crypto trading.
Gate Technology Inc., a company headquartered in the Cayman Islands, owns and operates the exchange.
Over the years, the exchange has implemented robust security measures like cold storage and two-factor authentication and sought regulatory compliance in various jurisdictions. Here’s a list of Gate’s licenses in various regions.
Hong Kong | TCSP (License No. TC008572) |
Gibraltar | GFSC (121003) |
Malta | MFSA (C 89337) |
Italy | OAM (Reg. No. PSV83) |
Australia | AUSTRAC |
Lithuania | License No. 306068986 |
Dubai | DMCC |
Bahamas | SCB |
While Gate has made efforts to comply with regulations in various countries, it's important to note that the cryptocurrency industry is still largely unregulated in many jurisdictions. Users should always exercise caution and research before using any cryptocurrency exchange.
Gate.io Summary of Specifications
Gate provides a comprehensive suite of services catering to retail and institutional traders, strongly emphasizing security and a wide range of trading options. To give you a quick overview of what Gate.io offers, here's a summary of its key specifications:
Exchange | Gate.io |
Launch Date | 2013 |
Levels | 17 VIP levels |
Trading Fees | Transaction fees for Futures and Spot, withdrawal fees, and interest rates |
Restricted Countries | USA, Cuba, Sudan, Syria, Iran, North Korea, Venezuela, Pakistan, and Crimea |
Supported Coins | More than 2500 |
Futures Trading | Available |
Minimum Deposit | Not specified |
Deposit Methods | Bank transfer, Credit card |
Withdrawal Methods | Crypto |
Maximum Leverage | 100x |
Minimum Trade amount | $1 for all pairs |
Security Factors | Cold storage, two-factor authentication, Gate SAFU |
Services | Staking, Copy Trading, NFT marketplace |
Customer Support Ways | Phone call, Live chat, Tickets, Support email |
Customer Support Hours | 24/7 |
Fiat Deposit | No |
Affiliate Program | Yes |
Orders Execution | Market, Limit, Iceberg, Hidden, Conditional, Cancel |
Native Token | GateToken (GT) |
Gate.io Pros & Cons
While Gate offers robust features and a vast selection of cryptocurrencies, like any other Crypto exchange, it comes with some weaknesses.
Here's a balanced look at the pros and cons of using Gate.
Pros | Cons |
Wide selection of cryptocurrencies (+2500) | Limited fiat currency support |
Variety of trading features (spot, futures, options, margin) | Complex interface may be overwhelming for beginners |
Low trading fees with a tiered structure | Not available in all countries due to regulatory restrictions |
Strong security measures and regular audits | Limited customer support options |
Innovative features like the NFT marketplace and startup Launchpad | Lack of regulatory clarity in some jurisdictions |
Mobile app | Past security breaches |
Does Gate.io Offer User Levels?
Gate implements a tiered VIP system that offers different benefits based on users' 30-day trading volume and GT token holdings. This system affects trading fees, withdrawal limits, and access to certain features. Here's a brief overview of the user levels.
Tier | GT holding only | Meet trading volume + GT holding requirements | |
GT holding | 30-day Volume | GT holding | |
VIP 0 | 0 GT | 3 BTC | 0 GT |
VIP 1 | 100 GT | 3 BTC | 40 GT |
VIP 2 | 300 GT | 6 BTC | 120 GT |
VIP 3 | 1000 GT | 12 BTC | 400 GT |
VIP 4 | 2500 GT | 25 BTC | 1000 GT |
VIP 5 | 5000 GT | 50 BTC | 2500 GT |
VIP 6 | 12000 GT | 150 BTC | 5000 GT |
VIP 7 | 25000 GT | 400 BTC | 10000 GT |
VIP 8 | 50000 GT | 1000 BTC | 20000 GT |
VIP 9 | 120000 GT | 2500 BTC | 40000 GT |
VIP 10 | 250000 GT | 5000 BTC | 80000 GT |
VIP 11 | 500000 GT | 6000 BTC | 100000 GT |
VIP 12 | 1000000 GT | 12000 BTC | 100000 GT |
VIP 13 | 2000000 GT | 22000 BTC | 150000 GT |
VIP 14 | 4000000 GT | 40000 BTC | 150000 GT |
VIP 15 | - | 80000 BTC | 200000 GT |
VIP 16 | - | 150000 BTC | 200000 GT |
Gate.io Commission and Fees
Gate.io exchange employs a maker-taker fee model in Futures and Spot Trading, with fees decreasing as users' trading volume and GT token holdings increase.
Other than this, there are two other main costs in the firm’s fee structure: Interest rate and Deposit/Withdrawal fee. Here’s a detailed table on transaction fees in Gate.
Tier | Maker | Taker | ||
Standard fee | GT debit | Standard fee | GT debit | |
VIP 0 | 0.2% | 0.15% | 0.2% | 0.15% |
VIP 1 | 0.185% | 0.139% | 0.195% | 0.146% |
VIP 2 | 0.175% | 0.131% | 0.185% | 0.139% |
VIP 3 | 0.165% | 0.124% | 0.175% | 0.131% |
VIP 4 | 0.155% | 0.116% | 0.165% | 0.124% |
VIP 5 | 0.145% | 0.109% | 0.155% | 0.116% |
VIP 6 | 0.135% | 0.101% | 0.145% | 0.109% |
VIP 7 | 0.125% | 0.094% | 0.135% | 0.101% |
VIP 8 | 0.115% | 0.086% | 0.125% | 0.094% |
VIP 9 | 0.105% | 0.079% | 0.115% | 0.086% |
VIP 10 | 0.095% | 0.052% | 0.105% | 0.058% |
VIP 11 | 0.085% | 0.015% | 0.095% | 0.045% |
VIP 12 | 0.075% | 0.01% | 0.085% | 0.04% |
VIP 13 | 0.065% | 0.005% | 0.075% | 0.035 % |
VIP 14 | 0.055% | 0% | 0.065% | 0.03% |
VIP 15 | 0.055% | -0.005% | 0.065% | 0.025% |
Interest Rates
Here's a breakdown of the Gate’s Interest Rates.
VIP Tier | Fee discount | Effective fee |
VIP 0 | No Discount | 18.0% |
VIP 1 | 5% off | 17.1% |
VIP 2 | 10% off | 16.2% |
VIP 3 | 15% off | 15.3% |
VIP 4 | 20% off | 14.4% |
VIP 5 | 25% off | 13.5% |
VIP 6 | 30% off | 12.6% |
VIP 7 | 35% off | 11.7% |
VIP 8 | 40% off | 10.8% |
VIP 9 | 45% off | 9.9% |
VIP 10 | 50% off | 9.0% |
VIP 11 | 55% off | 8.1% |
VIP 12 | 60% off | 7.2% |
VIP 13 | 65% off | 6.3% |
VIP 14 | 70% off | 5.4% |
VIP 15 | 70% off | 5.4% |
VIP 16 | 70% off | 5.4% |
Deposit/Withdrawal Fee
Gate doesn’t charge any deposit fees but has a small withdrawal commission in place which varies based on the currency you choose. In the picture below you’ll see the specifications for the Gate.io withdrawal fee.
Available Coins on Gate.io
The exchange boasts an impressive selection of over 2,500 cryptocurrencies available for trading. The platform regularly adds new cryptocurrencies, often among the first exchanges to list emerging projects.
The vast selection allows traders to access a wide range of investment opportunities, from established cryptocurrencies to potentially high-growth newcomers. Gate’s extensive list of assets:
- Major cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
- Popular altcoins
- DeFi tokens
- Meme coins
- Newly launched tokens
Futures and Margin Trading on Gate.io
Gate.io exchange offers advanced trading options for users looking to amplify their potential returns (and risks). These advanced trading features cater to experienced traders who understand the risks of leveraged trading.
Gate provides detailed guides and risk management tools to help users navigate these complex financial products. Key features of Futures and Margin trading on Gate:
- Margin trading: Up to 10x leverage on select trading pairs
- Perpetual futures contracts: No expiration dates
- Delivery futures: Weekly and quarterly contracts
- Futures Bot trading: Customized bots with no costs
How do you open an account on Gate.io Exchange? What is the Verification Process?
In order to join +17M users of the Gate exchange, you should open an account. It is a straightforward process, which begins by navigating through the company’s official website. At first, it may look a little complex. But don’t worry; we’re here to guide you through the Gate’s sign up process.
- Visit the Gate.io website and click "Register";
- Enter your email address and create a strong password for Gate account;
- Choose your country of residence;
- Accept the terms;
- Click on “Sign Up”.
To access full features and withdraw funds, users need to complete the Know Your Customer (KYC) verification process. Steps to get your Gate account verified:
- Login into the Gate dashboard;
- Select the Avatar and click on the “Individual/Entity Verification”;
- Choose “Verify now” and enter the “Identity Verification” menu;
- Fill out the “Basic Information” form with data such as full name and ID number. Then click “Next Step”;
- Upload the ID document;
- Proceed to the face recognition page (Use your mobile camera);
- You can upload gesture photos instead of recording a video;
- Click on “Verify Now” in the “Address Verification” menu;
- Submit the required documents.
What Trading Platforms Does Gate.io Offer?
Gate provides several trading platforms to cater to different user needs. The exchange offers a robust mobile app, a desktop version, and a web-based platform with access to TradingView indicators and charts.
You can access the web trading solution through the official website and user dashboard. Gate application is available across various operating systems, including:
In the Gate.io review, we should also mention the API access for automated trading and integration with third-party tools.
Gate.io Security Measures to Protect User Data and Money
To have a smooth trading experience, you shouldn’t have any worries about your data and investment safety. Gate.io addresses the subject by utilizing several safety measures, including:
- 100% Proof of Reserves: By implementing a Merkle tree solution and third-party audits, the exchange allows users to check on their deposits;
- Gate SAFU: An emergency solution to safeguard clients’ funds. It’s made of transaction fees and consists of digital assets;
- Multilayered Safeguards: The exchange has implemented over ten safety layers on different processes, such as login, transaction, withdrawal, and more.
Despite these measures, users should always practice good security hygiene, such as using strong, unique passwords and enabling all available security features.
Deposit & Withdrawal in Gate.io: Methods and Conditions
Gate.io supports various deposit and withdrawal methods. The main method for withdrawal is cryptocurrency.
You can use various coins like USDT, BTC, ETH, GT, BRY, HOD, and many more on different networks. However, for deposits, the methods differ. Supported payment methods on Gate:
- Bank Transfer: ACH, SWIFT, Wire transfer, SEPA, iDeal, BANXA, and many more
- Credit Card: VISA, Mastercard, G Pay, and Apple Pay
Gate.io Trust Scores in TrustPilot and Other Sources
Gate.io has received mixed reviews on various platforms. Some praise it, and others criticize it. Common praises include the wide selection of cryptocurrencies and advanced trading features.
Criticisms often focus on customer support responsiveness and withdrawal issues. As with any exchange, users should conduct thorough research and start with small amounts to test the platform. Here are Gate trust scores from various sources.
1.6 out of 5 | |
CoinGecko | 8 out of 10 |
Reviews.io | 2.3 out of 5 |
Copy Trading and Other Investment and Growth Plans in Gate.io
The Gate offers several plans to earn passive income. Copy trading and Staking are the main methods of gaining money without doing anything. Gate.io offerings to grow users’ investments:
- Copy trading: Automatically replicate successful traders' strategies;
- Earning programs: Earn income from staking, lending, and liquidity provision;
- Startup Launchpad: Participate in token sales for new projects;
- NFT marketplace: Buy, sell, and create digital collectibles.
These features provide diverse opportunities for users to potentially grow their crypto holdings beyond traditional trading.
Writer's Opinion and Conclusion
Gate.io provides Futures and Spot trading on Cryptocurrencies with a minimum trade size of $1. The available payment options are Bank transfers and Crypto transactions with $0 deposit fees.
Despite the 24/7 support and the wide range of services (e.g., staking on ETH, SOL, ADA, DOT, and AVA), Gate.io exchange has gained a low trust score on TrustPilot (1.6/5).