EST 10'000 BTC
Gate.io is a new cryptocurrency exchange platform that offers opportunity for traders to transact in several different cryptocurrencies on a global scale. The web-based exchange is relatively new in the industry but is doing really well. It is a dependable platform for individuals who have different blockchain assets for trading, as well as for those that are looking for reliable trading information like exchange rate, market supply, market volume, and other relevant information.
Gate.io was founded in 2017. It is operated by the Gate Technology Inc. from their base in Virginia, United States. The company is a global brand supported in most countries of the world where cryptocurrency is not prohibited. The website is available in English and Chinese, in accordance with the need of its customer base.
Registration in the platform is completely free. The steps involved are simple enough. When new users visit the site, they can start by clicking the ‘New User Signup’ tab. After filling the required information and checking the User Agreement box, they can click create account to complete the process. A confirmation email will be sent to verify the registration.
Currently, Gate.io allows for trading of only digital currencies; there is no fiat currency permitted. Trading pairs are generally in BTC, ETH, QTUM, and USDT. The platform has a wide range of digital currencies for trading (up to 250). On a daily basis, about $40m worth of transactions are completed on the platform. This is quite impressive for a new entrant in the industry and is obviously due to some of the smart features of the exchange.
Here are the key features that have endeared the exchange to cryptocurrency traders:
Gate.io started off by offering competitively low fee rate to its customers and have continued in this direction. For crypto trading, the base transaction fee is 0.2% of total amount of transaction. There is no fee for deposits. Withdrawal fee is deducted on the currency being withdrawn and the rate depends on the currency.
Security is very important in cryptocurrency trading and the developers of Gate.io did an incredible job in this regard. Two factor authentication and a combination of passwords are used to ensure that clients’ accounts are completely secured. SMS verifications and KYC verifications are also incorporated for enhanced security.
The Gate.io platform is optimized for enhanced experience for traders. There are a number of enhanced functional features such as chatting, trading history, and order book. Besides the web desktop version of the platform, the company has mobile apps on both the Android and iOS platforms.
Gate.io tries as much as possible to provide efficient customer support for its users. There is a New User Guide, as well as an FAQ section in the website and the team will also communicate with users in either English or Chinese to address specific issues that demand extra attention. Customers can also communicate with the team via Twitter and Telegram.
Though Gate.io has been in the cryptocurrency exchange for a short period of time, it has made its mark as a reliable exchange platform. The fact that the platform had several coins that are even lacking in some big trading platforms means that investors and traders can take advantage of it and make even more profit.