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Transferable to your own wallet
Self-custody of cryptocurrencies plays an important role for many users who want to manage their cryptocurrencies and thus their "private keys" themselves and not leave them in the hands of the exchange. Most exchanges offer the option of sending the purchased cryptocurrencies to their own wallet.
Deposit protection is a safeguard for the assets of users of a stock exchange or broker, which is intended to protect investors in the event of insolvency or a high loss due to a hacker attack. Service providers based in Germany are legally obliged to provide deposit protection of €100,000. In some cases, international exchanges have a special insurance policy that covers a certain portion of the assets instead of a deposit guarantee.
The overall rating is the average of our individual ratings. Our ratings do not constitute investment advice, but merely our personal opinion. You are welcome to use them as rough indicators and additional perspective. In the dynamic and fast-growing crypto sector, parameters can often change from one day to the next, so we cannot guarantee that the rating data is up to date. Therefore, please never use our ratings as an isolated basis for decision-making and not as a substitute for your own research.
This rating describes our personal assessment of the user-friendliness of the product. How easy is the onboarding process? How modern is the user interface and is it easy to use? Are all the important functions quick and easy to find? We ask ourselves all these questions in order to give a personal rating from 1 to 10 points.
This rating describes our assessment of the fee structure of a stock exchange or broker. It is not only the amount of fees that can differ, but also the type of fees. The most common type of fees for crypto exchanges are the "maker/taker" fees or spreads. In some cases, there are also hidden fees that are not recognizable to users at first glance.
For products or services in the crypto space, trust and security should be the biggest factors in the selection process. Since we could not seriously evaluate the technical security of a platform or product, we analyze publicly available factors such as security features, location, regulation, certifications, audits, team/company, general reputation and, of course, track record.
Crypto doesn't have to be cryptic. Especially for beginners, the first contact with the crypto world can be overwhelming. With this rating, we give our assessment of how easy it is for beginners to find their way around: from the onboarding process to using the most important functions.
Customer support is an important factor for many users. A long wait or no response at all in the event of problems can be frustrating, especially when it comes to sensitive topics such as finances. With this rating, we give our assessment of the quality of customer support. In order to provide as balanced an assessment as possible, we also include user opinions from other platforms in our evaluation.
Some exchanges and brokers are regulated by financial supervisory authorities in certain countries/states. This often entails strict financial regulatory requirements and compliance requirements to which the company must adhere. Regulatory clarity can contribute to greater transparency and thus also greater trustworthiness.
Gate.io is a comprehensive platform offering a vast selection of cryptocurrencies and advanced trading options like margin and derivatives. While it appeals to seasoned traders with features like copy trading, it can be overwhelming for beginners due to its complex interface. The platform has competitive fees but mixed feedback on customer support and withdrawal processes. Overall, Gate.io is a solid choice for experienced traders seeking a wide range of assets and tools but may not be the best fit for newcomers.
Overview
Quick Facts
Founded in China and now based in the Cayman Islands, Gate.io is a global cryptocurrency exchange platform that offers trading of over 1,700 cryptocurrencies. It prioritizes safety, transparency, and constant development, making it a popular choice for users worldwide.
Informations
Pro's & Con's
- Cheap fees
Gate.io
Features
Feature Overview
Unique Features
- Spot market for over 2,000 pairs
- Margin trading with up to 10x leverage
- Copy trading function
Tradable Assets
- Cryptocurrencies
Trading Options
- Derivatives
- Margin trading (leverage)
- Short/Long
Gate.io
User Interface
Customer Reviews
-- reviews
/ 5 average rating fromWrite a Review
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Gate.io
User Reviews
Some users are not satisfied with the interface and trading layout, as they believe it is too complicated and not user-friendly, particularly for new users who are unfamiliar with trading on asset exchanges or brokerages.
Gate.io has over 500 different cryptocurrencies to trade, with 1,000 trading pairs between them. Gate also offers trading for over 1,884 individual assets. All of these assets are available to you in one place, so there’s no need to go to another exchange if you want to trade in multiple industries or asset types.
Some users like Gate.io, but some don't. The site is very hard to use and many don't like the app for mobile devices. In the end, new traders may be better off using another platform.
The general consensus is that Gate.io's fees are reasonable compared to other cryptocurrency exchanges. The platform is known for its transparent fee structure.
Gate.io has received mixed reviews from its users. Some users have expressed experiencing difficulties with fiat payments and withdrawal delays. Nonetheless, the platform has been commended for offering a wide variety of tokens.
Gate.io's customer support has been criticized by many. Some users say it is working efficiently and they respond quickly, while other people say there are often problems with delay and solving the solution with customer service.
Gate.io is a trusted exchange known for its wide selection of assets and competitive fees. However, some users find the user interface challenging, especially for beginners. While some users have had good experiences with customer service, others have reported problems with withdrawals and complained about a lack of transparency when it comes to fees. There are mixed views on security among users, with some finding it positive overall and others wanting more support.
About
Gate.io
Gate.io
Users?
Score
About the author
At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.
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