GATE IO Exchange Review

REVIEW AT A GLANCE

■ TYPE: SPOT EXCHANGE OFFERING P2P & LEVERAGED PRODUCTS

■ WALLET: COLD STORAGE & HOT WALLET

■ HEADQUARTERS: CAYMAN ISLANDS

■ ONLINE SINCE: 2013

■ CUSTOMER SERVICE: EMAIL | LIVE CHAT | TICKETING SYSTEM

■ WEBSITE LANGUAGES: 15

INTRODUCTION TO THE GATE IO EXCHANGE

GATE IO is a comprehensive crypto exchange designed to meet the needs of every modern crypto trader. You can trade spot or P2P markets, use advanced leveraged products, stake cryptocurrencies, copy and trade other traders’ positions, and even buy NFTs. Additionally, the exchange provides valuable market analytics to all users free of charge.

■ SUPPORTED COUNTRIES: 130 countries around the globe (*)

(*) USA, Canadian, and Japanese traders are allowed to open an account and trade with gate o. However, they cannot gain access to services such as margin trading, crypto lending, and perpetual contracts.

■ SERVICES: P2P Trade | Spot Trading | Margin Trading | ETF | Perpetual | NFTs

■ FIAT CURRENCIES: EUR, USD, GBP, AUD, KRW, and JPY

■ PROMOTIONS: VIP levels offer reduced fees | Open an account via the following link and get a 10% discount on every trade:

► Open an Account with GATE IO and get a 10% discount

 

GATE IO FUND METHODS

GATE IO handles deposits via FIAT currencies and cryptocurrencies.

Depositing Funds:

□ CRYPTOCURRENCIES

□ Cards (MasterCard/VISA) supporting EUR, USD, GBP, AUD, KRW, and JPY

□ Bank Wire

Fees for Depositing/Withdrawing Funds:

□ Not charging deposit fees, however, fees on withdrawal may occur.

 

GATE IO FEES

SPOT TRADING

• Initially, traders pay 0.2% of the total order amount in each trade
• Starting fees: Maker:0.2% / Taker:0.2%
• The more you trade the fewer fees you pay (VIP levels)
• Lowest trading fee: Maker:0.065% / Taker:0.025

FUTURES MARKET

• Starting fees: Maker:0.050% / Taker:0.075%
• Lowest trading fee: Maker:0.030% / Taker:0.075%

CRYPTO LENDING

• Starting at 18%
• Gets as low as 5.4%

 

 

GATE IO FINANCIAL INSTRUMENTS & ASSET INDEX

GATE IO offers spot crypto and a wide variety of derivative products:

□ Availability of more than 200 digital assets

□ NFTs (new)

□ P2P Crypto trading

□ Simple and complex leveraged crypto products

□ ETFs (Leveraged Tokens)

 

GATE IO PLATFORM & TECHNOLOGY

The GATE IO trading platform offers a user-friendly interface and very interesting analytics in the Big-Data section (free for all traders).

Key Features

• The platform allows peer-to-peer (P2P) transactions through its “push transaction” operation
• Supports derivatives such as Futures and Options, but also more complex leveraged products such as Flash Swaps and Warrants
• Order Book and market trades
• Supports NFTs
• Supports crypto staking
• Supports crypto Lending & Borrowing
• Cloud mining capabilities
• Built-in security mechanisms
• Cold storage and a hot wallet, therefore, your sending address will not be the same as your deposit address

Copy-Trading

• Copy the positions of successful traders
• Select between 10+ different crypto trading strategies
• Select between hundreds of different Strategy Providers
• Historical data and backtesting
• 5% of profit is distributed to Strategy Providers

Big-data analytics

• Includes Fear & Greed Index called the Panic Index
• Long/Short ratio
• Direction Of Funds Flow & Large Transfers
• Liquidation Data

► Visit the GATE IO Cryptocurrency Exchange and get a 10% discount by using this link

 

POSITIVES OF GATE IO REVIEW

(√) A wide variety of digital assets (200+)

(√) Ability to use multiple crypto services in the same account (spot crypto, P2P, Futures, ETFs leveraged products, staking, etc.)

(√) Copy-trading feature (wide variety of strategies and providers)

(√) Buy and sell NFTs

(√) Crypto Lending / Crypto Borrowing

(√) Stacking of cryptocurrencies

(√) Free access to awesome market analytics (Big Data section)

(√) US and Canadian traders are supported

NEGATIVES OF GATE IO REVIEW

(x) Their corporate model is too complicated (the outcome of today's complex legislative environment)

(x) GATE IO is not regulated by a reliable authority

 

GATE IO REVIEW CONCLUSIONS

Founded in 2013 and headquartered in the Cayman Islands, GATE IO is the trading name of Gate Technology Corp.

• Address: 31119 Grand Pavilion, Grand Cayman, KY1-1205, Cayman Islands.

GATE IO is a popular exchange offering a wide range of crypto services, including spot trading, P2P transactions, futures, options, ETF leveraged products, staking, and more. The platform features a large asset index, and the basic trading fee is 0.2% of the total order amount, which can decrease to as low as 0.025% for high-volume traders.

Originally launched in China with a focus on the Asian market, GATE IO has since expanded globally and relocated its headquarters to the Cayman Islands. Today, it supports trading and digital wallet services for over 200 cryptocurrency assets and serves users from more than 130 countries. Traders from the USA, Canada, and Japan are allowed to open accounts and trade on GATE IO; however, certain services such as margin trading, crypto lending, and perpetual contracts are restricted for these regions.

The exchange offers several promotions and provides free access to big-data analytics tools, including the Panic Index, liquidation data, Long/Short ratios, and more. One of its notable innovations is the copy-trading feature, allowing users to choose from over 10 different crypto trading strategies and hundreds of strategy providers.

Overall, GATE IO is an interesting and competitive crypto exchange offering innovative features. Opening an account is easy, and funding options include MasterCard, Visa, Bank Wire, or cryptocurrency deposits.

■ GATE.IO Review

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12-10-2022 / 9346690