Gate
About the Platform
Gate.io is among the most commonly used centralized exchanges in the crypto landscape. It offers a wide variety of digital tokens and coins, including over 1,400 assets and over 2,500 pairs, making it a major player in the digital landscape. The service boasts about $1B in trading volume per day. With its approach to meet the needs of both beginner and advanced traders, the platform successfully integrates simple spot trading tools as well as complex futures tools and allows for margin trading.
Brief History
Since it was founded in 2013, Gate.io developers have been committed to building a sustainable and secure trading environment. It stands out for its intuitive interface, provides round-the-clock client assistance, and has a functional app for traders who prefer to trade on the go.
Initially known as Bter or Bter.com, over the years, Gate.io has undergone significant changes and improvements. In 2017, after its management transition to Gate Technology Inc., the platform got its present name. Launched in China, it currently has offices in the Cayman Islands.
Founders
In 2013, Lin Han introduced Gate.io, drawing upon his substantial expertise and educational background in computer science and mathematics. Driven by a vision to create a secure and user-friendly platform, Lin Han envisioned a service that could cater to individuals at any level of trading experience. His commitment to merging cutting-edge technology with accessibility is reflected in Gate.io's founding principles, aiming to provide a safe and inclusive environment for users, regardless of their proficiency in the intricacies of trading. Lin Han's dedication to innovation and user-friendly design has played a central role in shaping Gate.io into a platform that harmonizes safety, accessibility, and advanced technology in cryptocurrency trading.
Areas of Availability
Using the Gate.io platform is prohibited in some jurisdictions - Cuba, Sudan, Venezuela, North Korea, Syria, Pakistan, Iran, and annexed Crimea. In addition, some exchange functions are restricted for traders in the U.S. (particularly Washington and New York State) and Canada. This limitation relates to local regulation of financial services providers and cryptocurrencies.
Assets Available
Gate.io supports almost all of the industry's popular crypto assets, including the top coins by market cap.
Fees
Gate.io distinguishes itself through a fee structure that sets it apart from many other trading platforms. Notably, it imposes no fees for deposits, offering a user-friendly approach. However, withdrawal commissions may vary depending on the type of asset.
The platform's fee system for spot and futures trading is intricately tied to a trader's VIP level, determined by their total trading volume over the preceding month. With VIP levels ranging from 0 to 16, the associated costs are computed based on the maker-taker principle, adding a layer of flexibility and responsiveness to the diverse needs of the user base. This unique fee structure underscores Gate.io's commitment to providing a transparent and customizable trading experience.
Is Margin Trading Available?
Gate.io provides the option for margin trading with leverage of up to 10X, so traders can increase their potential profit (or loss) by using this option. Leverage varies depending on the market.
Gate.io is a progressive and dynamic platform that fits the requirements of traders by providing different types of tools. Focusing on user experience, Gate.io ensures user-friendly and safe trading tools, making it the most frequently chosen exchange among traders worldwide.
Founder & CEO at Gate.io