Gate.io Exchange Review 2021 – Details, Trading Fees & Features
If you a passionate cryptocurrency trader, you would probably know Gate.io is one of the top digital assets trading exchanges. This article will discuss the details, features, and pros and cons of Gate.io exchange cryptocurrency exchange platform.
Gate.io exchange was founded in 2013 in China. It was originally named Bter.com then renamed Gate.io. This exchange offers crypto-to-crypto exchanges and Yuan OTC trading.
Gate.io offers a range of trading pairs and altcoins. It also offers free-of-charge listing, margin lending, borrowing, and margin trading with leverage on cryptocurrencies.
Moreover, Gate.io is one of the top-rated crypto exchanges in the world with a full score. Gate.io exchange has over 3 million users worldwide. This digital assets trading platform is catering to more than 130 countries.
Key Features and Functions
Gatechain: A new-gen public chain developed to ensure user asset security and offers decentralized transactions
Gate.io Startup: The initial exchange offering (IEO)
Index Perpetual Contracts: Traders can profit by short-term or long-term 1-20x leverage.
Crypto Loan: This feature allows users to use their funds for loan requirements.
HODL and Earn: This features offers stable earnings for your cryptocurrency investment.
Gate.io Periodic Investment Plan: Traders can invest a fixed amount of USDT in various cryptocurrencies.
Crypto Lending: Enables users to loan their funds to exchange. In return, interest will be paid to users.
Margin Trading: Gate.io exchange offers 3-10x leverage rates
Gatechain Token: The native currency for Gate.io
Supported Cryptocurrencies
Gate.io supports BTC, ETC, EOS, Tezos and its native Getechain Token and many other cryptocurrencies.
Accepted Payment Methods
This exchange platform doesn't support fiat-to-crypto service. All transactions are completed using cryptocurrencies. Gate.io is primarily a crypto-to-crypto trading platform. Hence, this is not convenient for newbie traders. Users first have to buy crypto with fiat money at another exchange.
Pros and Cons
Pros:
Mobile App is available
easy registration process
Compatible with more than 200 cryptos
IEO platform
Users can access real time information on crypto markets
Cons:
Fiat deposits are not acceptable
Unregulated exchange
The interface is not user-friendly
To conclude, Gate.io is committed to offering an efficient and trustworthy trading experience for its users. While it's not convenient for beginners, pro traders can enjoy its advanced features and services.