GATE IO Crypto Exchange Review

Founded in 2013, GATE IO is a modern crypto exchange offering staking, lending, P2P, NFTs, Futures, Options, and other leveraged crypto products.

GATE IO Review at a Glance

GATE IO allow users to buy, sell, and hold cryptocurrencies, but also to use complex leveraged products. These are some key points of the GATE IO review:

√ It is a liquid cryptocurrency exchange that offers a wide range of crypto services in the same account

√ Competitive pricing, however, more expensive than Binance Exchange

√ Various trading instruments such as leveraged products, futures, options, etc.

√ NFTs marketplace

√ Copy-trading features

√ Staking cryptocurrencies

√ Crypto lending services

√ Deposit via cards and bank wire or deposit cryptocurrencies

► Visit the GATE IO Exchange

GATE IO Corporate Profile

The GATE IO Exchange is owned and operated by Gate Technology Corp.

• Offices: Cayman Islands
• Foundation: 2013
• Customer Support: via tickets, email, and live chat
• Website Languages: Currently supports 15 languages
• FIAT currencies: US Dollar, Euro, British Pound Sterling, Australian Dollar, Japanese Yen, Korean Yuan, and more FIAT currencies

Crypto Services

• Spot trading and P2P trading
• Margin trading and derivative products (futures trading, options trading, leveraged ETFs)
• NFTs (buy, hold, and sell)
• Staking cryptocurrencies
• Crypto lending
• On-chain analysis (free)

Software Wallet

• GATE IO provides cold storage and a hot wallet

Supported Countries by GATE IO

GATE IO exchange currently accepts traders from 150 countries, including the United States and Canada.

• Traders for the United States, Japan, and Canada can't use leveraged products
• Traders for the United States, Japan, and Canada can't use crypto lending

Account Verification Requirements

You will need to provide the following to GATE IO in order to complete your verification:

• Address verification (verifying country of residence and residential address)
• 2 photos of your ID (front, back)

 

GATE IO ACCOUNTS & SUB-ACCOUNTS

You can use a single Gate IO account to trade all financial instruments.

• Depending on your monthly volumes, Gate IO offer different VIP levels
• The higher the VIP status of your account, the lowest the trading fees

SUB-ACCOUNTS

The exchange offers the chance to open sub-accounts. Sub-accounts are secondary accounts created and managed by the main account. These secondary accounts can facilitate asset management and enforce investment strategies.

• VIP-5 to VIP-9 main accounts can create up to 5 sub-accounts
• VIP-10 to VIP-16 main accounts can create up to 10 sub-accounts

DISCOUNT

• VIP levels offer reduced fees
• Open an account via the following link and take advantage of a 10% discount on every trade:

 ► GATE 10% discount on every trade

 

GATE IO Review: Depositing & Withdrawing Funds

GATE IO users can deposit/withdraw funds in multiple ways.

1. Bank deposits

Supports EUR, USD, GBP, AUD, KRW, and JPY

2. Credit/debit card deposits

Credit/debit card deposits (Visa and Mastercard)

3. Deposit Cryptocurrencies or Stable Coins

You may transfer your crypto to the built-in GATE IO compatible wallets.

 

 

GATE IO Review: Fees & Expenses

These are the basic fees charged by GATE IO:

BASIC TRADING FEES:

• Commencing at Maker:0.2% / Taker:0.2%
• Lowest trading fee: Maker:0.065% / Taker:0.025, depending on your VIP status level

DERIVATIVES TRADING FEES:

• Commencing at Maker:0.050% / Taker:0.075%
• Can get as low as Maker:0.030% / Taker:0.075%, depending on your VIP status level

CRYPTO LENDING FEES:

• Commencing at 18%
• Can get as low as 5.4%, depending on your VIP status level

► GATE IO Accounts

 

GATE IO Trading Platform

GATE IO offers an advanced but simple trading platform suitable for trading spot crypto and derivative financial products.

Key Features

• P2P transactions
• Wide variety of leveraged products such as Futures, Options, Flash Swaps, and Warrants
• Access the Order Book
• Big-data analytics (Fear & Greed Index, Long/Short ratio, and Liquidation Data)
• NFTs marketplace
• Crypto staking
• Crypto Lending & Borrowing
• Cloud mining capabilities
• Cold storage and a hot wallet

Copy-Trading Features

• Copy hundreds of Strategy Providers
• 5% of the profit is given to Strategy Providers as a reward
• More than 10 cryptocurrency trading strategies
• Historical data
• Backtesting 

Crypto Products

• Spot Crypto Markets and P2P

Buy and sell more than 200 different cryptocurrencies using a full set of trading orders.

• Crypto Futures & Options

Futures contracts, Options trading, leveraged ETFs

• GATE IO's NFTs
• Crypto Lending and Borrowing

  

GATE IO Review Pros & Cons (Compared to Competition)

These are some pros and cons of the GATE IO review:

(√) GATE IO Crypto Exchange Pros

• 200+ different cryptocurrencies to trade
• Trade multiple products in the same account, including P2P, leveraged products etc.
• The platform supports crypto lending and borrowing
• You can copy the trades of various strategy providers by using 10+ trade strategies
• NFTs marketplace
• Cryptocurrency staking
• Big Data analytics available for free
• The exchange welcomes traders from US and Canada

 

(X) GATE IO Crypto Exchange Cons

• Lack of reliable regulation from an independent government authority
• Complicated business mode

 

GATE IO Review Conclusions

GATE IO is a modern and highly liquid crypto exchange that offers a wide range of crypto services to traders from 150 countries. You can buy, hold, and sell more than 200 digital assets, trade leveraged financial products such as Futures and Options, stake cryptocurrencies, buy/sell NFTs, and even use crypto lending and borrowing. US and Canadian traders can use the exchange, however, without gaining access to leveraged products, crypto lending, and crypto borrowing.

You can easily create and verify a trading account (on the same day) and fund it with several FIAT and cryptocurrencies. In order to fund your account, you can deposit crypto or FIAT via Visa/Mastercard, and bank wire. The Gate IO exchange uses VIP status levels based on your volume profile, and that means the more you trade the lower fees you pay. The basic trading fee starts at Maker:0.2%/Taker:0.2, but it can get as low as Maker:0.065%/Taker:0.025. If we compare Gate IO to Binance we may find these fees a little bit expensive, but compared to the crypto industry, as a whole, Gate IO fees are competitive. 

There are NFTs available in the GATE IO exchange, and you can even copy the trades of strategy providers by paying 5% of your profits as a reward. Another very useful feature is Big Data analytics. These analytics are provided for free to all traders and include Fear & Greed Index, Long/Short ratio, and Liquidation Data.

Overall, GATE IO is a very nice choice in order to trade multiple crypto instruments in the same account. The exchange can meet the needs of all trading styles and all experience levels.

► Visit the GATE IO Accounts Page

 

■ Gate IO Exchange Review

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Cryptocurrency Warning: Please be careful with your money

When sending funds to an exchange or other counterparty you are trusting that the operator will not abscond with your bitcoins and that the operator maintains secure systems that protect against internal or external theft. It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available. Exchanging or storing significant funds with exchanges is not recommended.