The owner took this opportunity to rebrand the company to Gate.io and launch an international platform that accepts UK and US customers. The crypto services provider has since gone from strength to strength, surpassing 10 million global users in early 2022. The Gate.io wallet is available via major web browsers and mobile app for clients to store digital funds. Wallet.io is an alternative option to store, transfer and receive funds.

A dedicated NFT auction platform is hosted by Gate.io, featuring popular collections and live auctions. To encourage creators to use its service, the platform offers the chance to mint your first NFT with no listing fee. All contents on this site is for informational purposes only and does not constitute financial advice.

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Gate.io offers several rewards and bonus incentives, many of which reduce trading fees. These are grouped into tasks, based on client classification; novice, experienced, trading volume, and growth. Examples include +30 points for your first deposit over 0.05 BTC or +30 points for the first perpetual contract trade over 500 USDT.

Are there any big events coming up that could affect currency prices? The calculator takes the latest information from currency markets to determine exactly how much each different currency is worth against others when making currency exchanges. The Gate.io platform runs around the clock to facilitate continuous trading on the perpetual crypto markets. Gate.io does not charge deposit fees on any coins, though there may be separate network costs.

XRP current price is $0.4573.

Gate.io is not merely a crypto and derivatives broker but a firm that offers financial services far beyond the scope of many other exchanges. The Gate.io platform was first launched in China in 2013 under the name Bter.com by founder Lin Han. However, a ban on fiat-to-crypto trading by the Chinese government in 2017 forced holistic changes for the origin service.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Our editors fact-check all content to ensure compliance with our stricteditorial policy. The information in this article is supported by the following reliable sources. If you want to compare Gate.io with other brokers, use the detailed comparisons below. Gate.io is not regulated by a financial body within the UK or any other global authority.

Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website. A fund password can be reset within the ‘my funds’ page within an account. It should be noted, the exchange suffered a 7000 BTC hack in 2015. More recently, Gate.io clients were exposed to PAID network hacking in March 2021.

Although suitable for both new and experienced traders, the interface is busy, making it less user-friendly vs competitor exchanges, such as KuCoin or Binance. Withdrawal limits vary depending on the token being used for transactions. The daily withdrawal limit for Bitcoin is 100 BTC, while Ethereum stands at 3,000 ETH. Traders have Price Buggyra Coin Zero the option of meeting a VIP tier’s requirements by purely holding GT tokens or meeting trading volume levels and having a smaller amount of GT tokens in their wallets. VIP tier 1 requires a 30-day volume equivalent to 1.5 BTC or more and owning 20 GT tokens. Alternatively, traders can own 100 GT tokens with no volume requirements.

Mobile App

No phone number is provided, however, an extensive FAQ page covering several topics is available. To add funds to an account, select the ‘wallet’ page and search for the depositing coin. Enter the deposit address, memo, or tag and then follow the instructions. Verification time varies by token as blockchain confirmation is required. If traders require support on the Gate.io exchange, there are several avenues to explore. However, these written guides vary in quality and legibility, with some areas poorly translated from the platform’s native Chinese.

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Gate.io utilises several third-party trading tools to enhance clients’ overall trading experience. The extensive list includes 3Commas trading software, available to link to trading bots via an API key. Gate.io also offers a useful help centre webpage on the crypto exchange website. This comprises several useful documents and links including educational resources such as understanding perpetual contracts, how to store Bitcoin safely, and API 2.0 documentation. Funds are processed immediately, however, as with all crypto exchanges, withdrawal time is dependent on the speed of the blockchain.

Price condition and time condition orders are available to suit the client’s needs. Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy. Crypto enthusiasts in the UK & USA will be happy to know that Gate.io accepts traders from America and the United Kingdom. However, US residents are excluded from startup crowdfunding, along with those from Canada and several other jurisdictions. Gate.io news is regularly posted on the site, as well as on the exchange Twitter account and Telegram community.

App reviews are mostly positive, though some iOS users complain of freezes and withdrawal problems. The calculator will automatically tell you how much a certain amount of currency is worth in your desired currency. Traders must pass verification to take part in Startup by providing full know-your-customer documentation. Additionally, this facility has significant country restrictions, with clients from many major jurisdictions, including the USA, China, Malaysia and Canada, excluded. When the latest traded price reaches the order limit price, the order will be executed.

Margin Lending & Borrowing

Chances are that if a coin is listed on any exchange, it will have a Gate.io listing. Gate.io Facts & Figures Gate.io is a crypto exchange offering a variety of derivatives on a proprietary platform. Gate.io is a crypto exchange offering a variety of derivatives on a proprietary platform. OKX – OKX is a digital exchange offering trading on hundreds of cryptos across desktop and mobile applications with low fees.

This coin can be staked for seven days, earning traders staking profits of 5% APY before the token expires as worthless. The Gate.io Hold and Earn program facilitates the staking of tokens in exchange for rewards of up to 100% APY. Traders can choose between flexible and locked staking, with the former leaving them free to release their funds at any time while the latter prevents withdrawal during the staking period.

Over-The-Counter Trading

Parachain auctions are another form of staking, often involving far longer lockup periods in exclusively fixed programs. Parachain auctions take place on the Polkadot and Kusama platforms and utilise DOT and KSM tokens, respectively. In exchange for lending network tokens to emerging cryptos, traders are compensated with regular airdrops of the new token over the staking period. One of the most popular methods of earning interest on long-term crypto holdings is through staking. Staking is one of most popular the methods of yield farming, along with margin lending, and has the potential to offer significant, low-risk returns to traders.

Additionally, Gate.io offers a point plan trading fee discount programme. Clients can purchase points through the Gate.io wallet that can be exchanged for a trading fee deduction. Contact Gate.io customer support for issues with funding attempts not generating a deposit address or a deposit not showing after blockchain confirmation has been completed. Today, the exchange trades over $1 billion in cryptocurrencies per day. Bitcoin current price is $19,968.91 with a marketcap of $382.78 B. Our currency converter will help you determine the value of all global currencies against each other.

When looking at a crypto platform like Gate.io, many traders will want to know “is it safe” before creating an account and sending in KYC-required identity verification documents. While there is nothing to suggest that this broker is not entirely legit, some traders will be wary of financial services providers that operate without regulation. That being said, many DeFi companies intentionally https://cryptolisting.org/ remain operate without regulation to protect anonymity and reduce external control. The stringent KYC checks that the exchange runs is a good sign that it operates with the best interests of its clients in mind. To open an account with Gate.io, clients must complete an online registration form. This includes country of residence, username, email address, and password.

As well as standard options contracts, the platform offers the Callable Bull/Bear Contract and the Warrant. The CBBC differs in that once the underlying asset’s price reaches the call price, the option is automatically exercised, while warrants are more similar to traditional options. With over 200 contract pairs, Gate.io provides an extensive perpetual futures market to users. Clients can also choose between USDT and BTC margined contracts. While the coin list is comprehensive, some traders may be disappointed that the platform does not offer any bundled ETF packages.

Moreover, Gate.io offers weekly, bi-weekly and quarterly delivery contracts, in which underlying tokens are delivered upon expiry of the contract. Gate.io functions primarily as a token exchange and boasts a market of more than 2,000 token pairs. Unfortunately for EU and UK traders, there are no GBP or EUR-based pairs on the platform. Bybit – Bybit is an established crypto exchange aimed at active online traders. Gate.io also offers a referral scheme with the opportunity to gain 50 points for every 3 clients successfully invited using the unique promo code. There’s also the option to earn rewards by requesting a new token listing.

However, the withdrawal requirements for individual transactions are lower than the daily limit. Qualifying for a higher account level entitles traders to discounts on exchange fees, lending profit commissions and futures trading fees. All Gate.io traders begin at VIP tier 0 and must meet certain requirements to move to tier 1.

Binance – Binance is one of the leading online crypto exchanges offering Bitcoin. Yield farming calculatorAdditional user benefits offered by Gate.io include news streams, announcement access, YouTube tutorial content, and live streaming videos. Topics include market order trading, a grid trading review, and a quantitative trading strategy. Clients can share trading ideas, opinions, chat and share insights. Clients can also access chatrooms and giveaways via the News section of the exchange website. GateToken became the official token of the exchange in March 2020, distributed via Gate.io rather than an ICO or private sale.

Our Gate.io exchange review will cover trading fees, sign-up and login procedures, mobile app features, how to trade, and more. Gate.io is a well-established crypto exchange and trading platform that provides an impressive depth of assets, with over 2,000 spot markets and 200 futures pairs. The company has been operating internationally since 2017 and offers staking, copy trading, startup crowdfunding, derivatives speculation and an NFT marketplace to clients worldwide. However, some may be put off by its unregulated status, while the lack of direct fiat deposits and withdrawals may dissuade others from investing with Gate.io. A substantial selection of speculatory instruments is also listed on the platform, such as leveraged tokens, options contracts and crypto futures. While regulated exchanges and brokers are banned from selling crypto derivatives in the UK markets by the FCA, Gate.io is unregulated, so UK customers are welcomed.

Bitfinex – Bitfinex is among the best crypto exchanges for experienced investors with a free mobile trading application and low fees. Crypto deposit times can range from instant to a few hours, depending on the crypto network. Withdrawal times can take a few hours due to the platform’s security checks. It is also worth noting that withdrawal without KYC verification is limited and in some cases prevented entirely.

Look out for major news like the announcement of the upcoming addition of Binance Smart Chain contracts. The app is available to download directly from the website in APK format or can be obtained from the Google Play or Apple App stores. A direct download link is provided via a QR code on the Gate.io website.

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