Gate.io Review: The Best Altcoin Exchange

Is Gate.io Safe?

Unfortunately Gate.io was subject to a cyber attack in 2019 hack, however, all funds that were lost were insured and restored. Although they were subjected to this incident, Cryptocurrency Exchange Ranking (CER), a third party that evaluates crypto exchange cyber security, listed the platform as the best cryptocurrency exchange in terms of cybersecurity in August 2020.

Their security protocols include two-factor authentication via SMS and email, and the requirement that users create a unique and distinct withdrawal password to remove funds from their accounts. Gate.io has also recently launched a bug bounty, which rewards users who report bugs and vulnerabilities on the platform.

This is now standard among most major crypto exchanges, Gate.io holds some users assets in cold storage disconnected from the internet to reduce the risk of hacks.

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Gate io App

The Gate.io app has the same functionality of their website and users are able to access their portfolios, make trades and use all of their features. It is an easy-to-navigate UI and even complete newbies are able to use it hassle-free.

Gate io KYC

Does Gate.io require KYC? Gate.io does require users to KYC if they wish to withdraw funds from the platform, although it is not necessary to KYC if users wish to deposit and trade. KYC generally takes anywhere between 30 minutes to 12 hours to be approved. Users can submit any government issued documents to verify their identity.

If you are looking to use an exchange that doesn't require KYC, we recommend using Bybit.

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Gate.io Trading Fees

Gate.io is one of the most affordable global cryptocurrency exchanges in the world, due to their extremely competitive 0.2% flat fee for trading. Most exchanges charge anywhere between 0.5 - 1% in trading fees.

Gate.io Supported Cryptocurrencies

Gate.io is the single best exchange to use if you are looking to get early entries into the latest cryptocurrencies. They are the first to list Altcoins and Memecoins such as Saitama Inu and Safemoon. They currently support over 1400 different digital assets and are the fastest in the world to list new coins.

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How to withdraw funds from Gate.io

Step 1: Log in to your account and go to "Wallet"

Step 2: Find the asset you wish to withdraw and press "Withdraw"

Step 3: Fill in your details (wallet address) and submit your request

Can you buy Saitama on Gate.io?

For a full comprehensive guide on how to buy Saitama Inu on Gate.io, please visit our How to buy Saitama Inu article.

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Gate.io Crypto Staking

Gate.io currently supports two types of staking, one is locked staking - meaning you need to commit lock-up (commit) your tokens for a certain period of time. And the second is a no lock-in contract staking - meaning you don't need to commit it for any period of time. The below table contains the no lock-in contract staking options.

The below photo highlights the available lock-in staking options on Gate.io.

Gate.io Referral Code

Sign up with this link to receive a free sign up bonus when using Gate.io.