About Gate.io
What Is Gate.io?
Gate.io is a prominent centralized cryptocurrency exchange, providing users with access to an extensive array of crypto coins and tokens for trading purposes. With support for over 1400 cryptocurrencies and more than 2500 trading pairs, the platform boasts a leading position in terms of trading volume, handling over 12 billion dollars in daily trading volume. Offering spot and margin trading options, Gate.io has further diversified its services to cater to investor needs, including options, futures, and derivatives trading.
Established in 2013, Gate.io prides itself on being a reliable and steadfast platform. It offers users a user-friendly interface, ensuring a smooth trading experience, complemented by 24/7 customer support. Additionally, the exchange has a robust mobile app to facilitate on-the-go trading convenience. However, it’s worth noting that Gate.io operates with less stringent regulations, and users do not have the option to withdraw fiat currency directly from the platform.
To facilitate withdrawals and deposits, users are required to undergo a mandatory “Know Your Customer” (KYC) process. This security measure ensures compliance with regulatory standards and helps maintain a secure trading environment on the platform.
Who Are the Gate.io Founders?
Founded in 2013 in China, the exchange was brought into existence by its visionary founder and current CEO, Lin Han. His primary objective was to establish a safe and reliable trading platform that would cater to the needs of all Bitcoin believers. Lin Han’s educational background is notably impressive, holding both a Bachelor of Engineering degree in Computer Software Engineering and a Master’s degree in Mathematics and Computer Science. These qualifications have undoubtedly played a significant role in shaping the platform’s robust and secure infrastructure, ensuring a trustworthy trading experience for users.
Gate.io Restricted Countries
The platform is available to all countries except Cuba, Sudan, Syria, Iran, North Korea, Venezuela, Pakistan, and Crimea. Some services are not available to residents of the US (in Washington, New York) and Canada.
What Coins Are Supported on Gate.io?
Almost all the leading coins of the industry are listed on the platform, among them the top 20 cryptocurrencies by market cap.
How Much Are Gate.io Fees?
The platform offers highly competitive commissions for its users. When trading on the exchange, users are exempt from paying deposit fees. However, withdrawal fees vary depending on the specific cryptocurrency being withdrawn.
To determine spot and futures trading fees, the platform adopts a tiered VIP level system, which is contingent on the user’s 30-day trading volume. This tiered system ranges from VIP 0 to VIP 16, with each level having its own corresponding fee rates. The fees are structured under a maker-taker model, ensuring that traders are incentivized to participate in the market actively. This approach promotes liquidity and efficient trading while providing benefits to users based on their trading activity and commitment to the platform.
When Did Gate.io Launch?
It was launched in 2013 under the name Bter or Bter.com, then in the fall of 2017 the exchange was taken over by Gate Technology Inc. and has been renamed.
Where Is Gate.io Located?
Gate.io is the earliest crypto-to-crypto exchange from China. The company is located in the Cayman Islands.