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 fully-featured crypto exchange covering the needs of every modern crypto trader. You can trade on spot or P2P, use complex leveraged products, stake cryptocurrencies, copy and trade the positions of others, and even buy NFTs. in addition, the exchange offers very interesting market analytics to all traders for free.

■ 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.

• 31119 Grand Pavilion, Grand Cayman, KY1-1205, Cayman Islands

Gate io is a popular exchange offering a wide number of crypto services including spot crypto trading, P2P, Futures, Options, ETF leveraged products, staking, etc. They provide a very large asset index and the basic trading fee is 0.2% of the total order amount, but it can get as low as 0.025% as you trade more with them.

Gate io was originally launched in China and focused on the Asian market. Later, they started to serve traders from all around the globe and decided to move to the Cayman Islands. Currently, they provide trade and digital wallet services of more than 200 cryptocurrency assets to users from over 130 countries. USA, Canadian, and Japanese traders are allowed to open an account and trade with Gate io. However, they cannot gain access to services such as margin trading, crypto lending, and perpetual contracts.

The exchange offers several promotions and it is quite interesting that traders gain free access to Big-Data analytics where they can find the Panic Index, liquidations, Long/Short, etc. Another innovation is the copy-trading feature. You can choose between 10+ different crypto trading strategies and hundreds of different Strategy Providers.

Overall, Gate io is an interesting crypto exchange providing competitive trading terms and many innovations. You can easily open an account and fund it via MasterCard, Visa, or BankWire, or by depositing cryptocurrencies.

■ GATE.IO Review

ExpertSignal.com (c)

12-10-2022 / 9346690