Gate.io is a cryptocurrency trading platform that offers spot and futures trading. It features a wide range of cryptocurrencies available. In addition, the exchange is in the top 10 in terms of daily cryptocurrency trading volume.
Official website: https://www.gate.io/
Main parameters of the exchange
| Year of foundation | 2013 |
| Country of origin | China |
| Number of exchange users | More than 19 million. |
| Founder of the exchange | Lin Han |
| Exchange reserves | 5.56 billion$ |
| Volumes for 24 hours | 8.24 billion$ |
| Number of coins added | 2428 |
| Exchange commission | 0% – 0.2% |
| Exchange token | $GT |
| Maximum leverage | 100x |
| Exchange application for phone | Eat |
A Brief History of Gate.io
Gate.io is one of the earliest Bitcoin exchanges in China, which was founded in 2013 by Lin Han.
In 2015, an incident occurred that caused a wide resonance in the community. At that time, attackers were able to gain access to 7,000 BTC, which were stored in the exchange’s cold wallets. Since then, the security level has been significantly increased, and such incidents have not occurred again.
Until 2017, the exchange operated under the name Bter.com. However, due to the Chinese government’s ban on cryptocurrency trading in 2017, the exchange’s management was forced to rebrand and rename it Gate.io. As part of the rebranding, the old domain was closed, work with fiat cryptocurrency trading pairs was stopped, and the main focus was on cryptocurrency and the Chinese yuan market in over-the-counter trading.
Gate.io is one of the most popular cryptocurrency exchanges in the world, with over 10 million registered users. The exchange has been audited and verified by the Blockchain Transparency Institute (BTI) Market Watch Report. It has also received a 4.8 rating from Forbes Adviso.
Gate.io is currently an unregulated cryptocurrency exchange with a daily market liquidity of approximately 3,500 BTC. It was recently reported that the parent company, Gate Technology Inc., raised $64 million in cryptocurrency to implement the Gatechain decentralized exchange (DEX) project. The IEO platform Gate.io Startup was also successfully launched.
Pros and Cons of Gate.io
| Pros | Cons |
|---|---|
| The exchange ranks 2nd in terms of the number of cryptocurrencies placed (2256 pcs) | Mandatory Identity Verification (KYC) |
| A time-tested exchange that has been around for about 10 years | Low level of transparency, as well as little information about the company and its developers |
| Confirmed Exchange Reserves | |
| P2P service in rubles is available |
Promo code upon registration Gate.io
We have entered into a partnership with the Gate.io exchange and received an increased discount on the exchange commission, you can get it by entering the promo code when creating a new account in the “Inviter ID” tab
- Promo code: BVJFA1BZ
Using it you will receive a welcome bonus of up to 6,666 USDT
This will subsequently help you save tens and hundreds of dollars in commissions!
