Gate.io Cryptocurrency Exchange Review: Pros and Cons, Features, Fees, and More

Gate.io crypto exchange is one of the oldest digital asset trading platforms that has a strong expertise in the early listing of emerging tokens.

In the growing crypto market, there is an evolving need for exchanges that offer access to newly launched tokens before they hit major platforms.

Gate.io crypto exchange is one of the oldest digital asset trading platforms that has a strong expertise in the early listing of emerging tokens. It also provides advanced trading features with high liquidity, which makes it the hub for all crypto enthusiasts. If you are new to this exchange, exploring and understanding its service offering, features, and other key insights should be a priority.

So let’s review the exchange with its features, functions, services, security features, and pros and cons to find out if it’s a good fit for crypto traders.

What is Gate.io?

Founded in 2013 by Lin Han, Gate.io is one of the oldest cryptocurrency exchanges. It was a China-based crypto exchange with the name Bter, but in 2017, due to the ban of crypto exchanges in China, it was shifted under the new brand name “Gate.io”.

Currently, headquartered in the Cayman Islands, Gate.io serves more than 22 million registered users in 130+ countries. It supports over 3800+ cryptocurrencies, including major crypto coins like Bitcoin, Ethereum, Solana and more.

At present, it provides multiple crypto trading-related services, which include spot, margin, futures and options trading, as well as various other services like Earn Program, Auto investment, Crypto lending, NFT marketplace, etc. All these offerings make it one of the aspiring crypto exchange platforms in the ever evolving crypto industry.

According to Coingecko, Gate.io is currently 12th largest crypto trading platform on the basis of trust score, and its total crypto reserve reportedly sits at $10.865 billion.

Key Features of Gate.io Crypto Exchange

Here are some key features of Gate.io that make it one of the popular crypto exchanges:

Spot Trading

At Gate.io, you can trade more than 2500 cryptocurrencies and more than 2900 spot trading pairs. It also provides leverage up to 10x for certain assets, which are marked with 10x symbols on the platform.

Futures Trading

The exchange offers multiple futures trading options which include perpetual futures options, delivery futures, and unified accounts. It also provides traders with an option of 100x leverage and choose from the 255 available futures trading pairs.

Margin Trading

The platform also offers its users with margin trading, which is available on more than 470 assets with up to 10x leverage. Currently, there are two margin modes available on the exchange, which include cross margin and isolated margin.

In cross margin trading, the margin is shared between all open positions with the same settlement crypto, while in an isolated margin, the margin is assigned to a position and its restricted to a certain amount, and if the margin falls below maintenance, then the position will be liquidated.

Pre-Market Trading

Pre-market is one of the unique features of the platform, which provides investors with an opportunity to trade cryptocurrency over the counter before its official launch. This feature helps traders to secure their desired price and liquidity in advance.

Crypto Staking

The crypto trading platform provides token holders with an opportunity to earn passive income by staking their tokens on the exchange and earning higher returns on their investment.

Trading Bots

The trading bots on the Gate.io exchange are helpful for new investors, where they can use these bots for making their trading strategies and also have the option to use them for trading on investors’ behalf. It has various types of trading bots, which include spot grid bot, futures grid bot, average cost bot, etc.

Copy Trading

Crypto trading is a very complex process where there is always a need for guardians who can help in making the best trading strategies, and hence Gate.io comes with a copy trading feature that mirrors the trades of expert traders to help new traders earn on their investments.

Gate.io NFT Marketplace

It provides a platform for artists, creators, individuals, etc to mint, buy, and sell digital assets. The platform provides a good interface with minimum minting fees for the NFTs.

Gate.io Lending

Gate.io crypto exchange provides a platform that allows users to lend and borrow funds in a peer-to-peer mode without any intermediary. This service offers flexible lending terms with a default period set at 10 days and is ideal for investors with extra capital to earn passive income.

Gate.io Mobile App

To make crypto trading accessible from any place, Gate.io comes with a mobile application with a catchy interface that allows users to trade from anywhere. The mobile application increases the user base because it helps traders who do not have access to computers and laptops.

Trading Fees in Gate.io

Trading fees