Advantages, disadvantages and who should create an account

Costs

Maker fee -0.01- 0.2%; taker fee 0.025-0.2%

Types of investment

Cryptocurrencies, NFTs and Futures

Costs

Maker fee -0.01- 0.2%; taker fee 0.025-0.2%

Types of investment

Cryptocurrencies, NFTs and Futures

Advantages

  • 1000+ coins (access may vary by location)
  • NFT auction and creation platform that allows creators to create NFTs at no cost
  • Margin accounts and futures contracts available
  • Crypto staking and lending options available

The inconvenients

  • The fee schedule can be complicated
  • You will pay more for transactions if you don’t use the gatetoken (GT)

More information

  • Promotion: Sign up and get a $100 voucher

Global mark

Is Gate.io for you?

Gate.io was founded in 2013, providing crypto trading and exchange services for traders around the world. Among its offerings are spot trading, leveraged trading, ETF services, futures, trading, staking, lending, liquidity mining, and more.

The crypto exchange also uses multiple blockchain solutions – including cross-cryptocurrency address technology, hot and cold wallet storage, multi-signature security protection technology, and asset transfer technology in real time – to ensure the security of the assets and transactions of its users.

Gate.io offers over 1000 cryptocurrencies and offers support for both over 224 countries and over 80 million users worldwide. The scholarship mobile app is available on iOS and Android devices.

Not sure if Gate.io is right for you? Keep reading to see how it stacks up against similar investment platforms.

How does Gate.io compare?

Gate.io, Coinbase, and FTX.US all offer an extensive collection of cryptocurrency products. But each platform differs when it comes to fees, features, and investment choices.

While Coinbase’s easy-to-follow fees, straightforward interface, and educational resources make it an ideal platform for beginners and traders of all types, its lack of NFTs and margin accounts may make it less appealing to people. traders looking to expand beyond simple crypto trading.

FTX.US and Gate.io both offer cryptocurrencies and NFTs, but Gate.io offers a much wider selection of cryptocurrencies.

Ways to invest with Gate.io

Spot trading

Gate.io offers several ways to buy cryptocurrencies. You can buy crypto with credit cards or bank transfers, but you can also buy more assets with crypto-to-crypto trading (this is also known as spot trading). In other words, you can sell one cryptocurrency to buy another.

Additionally, you can also use the exchange’s “push transactions” feature to transfer a crypto asset to another account, and Gate.io’s “flash swap” feature lets you swap one currency for another in a matter of seconds. minutes.

copy trade

If you prefer to rely on the expertise of other experienced traders, Gate.io’s copy trading feature allows you to mirror the strategies of successful traders. You can easily check other users’ performance to decide if you want to copy their investment strategies, and Gate.io also offers daily copy strategy recommendations. See more here.

NFT

If you’re looking to create or buy NFTs, Gate.io’s Magic Box NFT platform might also be right for you. The platform enables auctions and trading of NFTs in a wide range of areas, including art, games, music, and more.

Additionally, creators can mint gas emissions by minting (this is the process of creating an NFT and adding it to the blockchain) for free. See more here.

Is Gate.io trustworthy?

Personal Finance Insider rates reliability by reviewing each investment platform’s Better Business Bureau profile. BBB ratings range from A+ to F and reflect the bureau’s opinion of the quality of a company’s interaction with its customers, but Gate.io does not currently have a BBB profile.

The platform was hacked in 2019, resulting in over $200,000 worth of Ethereum being stolen. But Gate.io strives to secure its services and transactions.

However, it is still crucial that you do your due diligence whether or not a company has a BBB profile. BBB ratings do not guarantee performance or reliability, so you will want to do your own homework before making a final decision on an investment platform.

Gate.io — Frequently Asked Questions (FAQ)

Can US citizens use Gate.io?

Yes. Gate.io’s services and products are available to US residents in all 49 states, excluding Washington and New York.

Is Gate.io an American company?

Based in Georgetown, Grand Cayman, Gate.io serves both individual and institutional crypto traders in the United States and around the world. The exchange currently supports over 80 million users and its services are available in over 224 countries.

How to withdraw money from Gate.io?

If you are using the Gate.io mobile app, you can withdraw funds by going to “wallet” and clicking “withdraw”. You can also click on “spot account” and withdraw the desired cryptocurrency.

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