Platform for trading cryptocurrencies Gate.io appeared in 2017. The exact location of exchanges unknown.
This is most likely China or the United States. On the website there are two languages – Chinese and English. On the website there is no support for Fiat currency.
On the other hand, users are offered a wide selection of coins, as well as the opportunity to submit applications for listing.
Ease of use and safety
The Site Gate.io offers a user-friendly interface. Despite the absence of the Russian version, here it is easy to navigate.
Within walking distance from first page is the trading platform.
On the main gate.io in addition to notify you when a new token, you can see a large list of tradable currency pairs with the following information:
- The name of the token.
- Cost (expressed in USDT).
- Trading volume (USDT).
- The total number of tokens in circulation.
- Capitalization of cryptocurrencies.
- Changes in the last 24 hours.
- The price trend.
Next is a button “Trade” for those who are already registered on the exchange. It can help you to quickly access position for the selected asset.
As for the level of security, it is quite high.
The exchange offers two-factor authentication of users. To this may be Google Authenticator. Funds are kept in cold wallets.
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Features of cryptocurrency platform Gate.io
Platform for cryptocurrency trading gate.io is divided into several screens. In the left part traders choose the assets.
It provides special filters for faster switching.
At the top there are tabs USDT, BTC, ETH, QTUM, New, Custom. Most of them do not cause problems. USDT, for example, switch on all the pairs using this currency.
When you press tab, the New filter selects the newly added assets. Find a few you can also using the search.
Graph with selected trading instrument is located in the Central part of the window. The company gate.io chose to demonstrate tradingview prices in a truncated version. Here is almost everything you need.
You can switch between line and candlestick chart. In a basic installation, the user is offered information on the volumes and the set of indicators moving averages.
At the top right of the graph traders are switching between the timeframes.
Located to the right of the graph settings. Here you can add indicators and apply graphics.
As regards the first, the number of indicators is limited. From the graphical tools available lines, rays, Fibonacci levels. This is the basic Toolkit of any trader.
For more features, you can pay directly to the online platform tradingview.
To the right of the price chart is the window to Global Markets.
Here are the quotes from the various bitcoin exchanges, including bitmex, bitfinex, binance, huobipro, okex. This window is useful for comparison and to conduct arbitrage operations between different platforms.
Below is the window for open positions. Gate.io provides users with the ability to work exclusively with market orders. Window Buy BTC is buying bitcoin. Here you can see the balance, the cost of a pair at the time of the transaction, the amount of cryptocurrency that you want to purchase the trader (in the example BTC), as well as the cryptocurrency the user will give up when buying. Below illustrates the Commission for the transaction.
The sale is in the same order. Here you can see the current balance in bitcoin, and the number USDT (in the example).
Window Price USDT/BTC shows the current value of the pair. In this case, the exchange price of an asset will differ from the one on which a trader buys an asset because of the spread.
The right of the window opening positions is market depth. Here you can see the different levels,which leads to the buying and selling of cryptocurrency pairs selected by the trader.
Thus, the investor gets a complete picture of what price other players are willing to buy assets.
Mobile application deserves special attention. Today most stock exchanges are striving to allow clients to trade almost any situation.
Mobile applications are created as close in quality and functionality to the stationary.
At gate.io platform for smartphones and tablets created with the same schedule, where there are some analytical tools. This terminal allows you to open positions, to predict vibrations and to work with all assets available in the desktop version.
Advantages of the trading platform from the Gate.io include:
- Wide range of functions. Traders can use different tools for market analysis including indicators and graphical.
- More informative. In addition to graphs, the platform gate.io allows you to analyze market depth and other information.
- Opportunities for interexchange arbitration. Terminal of the exchange offers quotations of different sites for comparison and decision-making.
The disadvantages of the platform include the fact that you can only work with one type of orders – market.
There is no possibility to work with pending applications, as well as to set stop orders.
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In order to start trading cryptocurrencies, you need to register with the exchange gate. This requires filling out a simple form and pass the verification e-mail.
During the registration process, the user creates a username, password specifies the address of the email, and creates a special password for the wallet.
Further, after this step, email is sent an email with a link that the user confirms his e-mail.
After completing a standard registration procedure, you are asked to configure the security of your account and pass the verification within the framework of the policy of KYC (Know Your Customer).
In the first case, the user in the tab Two factor authentication follows the instructions and configures two-factor login system for the exchange.
In the second case, the trader require you to download scanned copies of identification documents.
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How to Deposit your trading account and withdraw money, support Fiat money
As already mentioned in the beginning of this review, the exchange gateне supports Fiat currency. Work is done exclusively with electronic Konami.
For account replenishment, a trader in the section Deposit/Withdrawal chooses a Coin Deposit. After that, he gets access to all possible methods of payment.
The first replenishment of the trading account, an internal wallet. It will be the transfer of funds from the personal wallet of the trader.
The minimum Deposit on the stock exchange is 0.0001 bitcoin. Enrollment is per minute after two confirmations on the network. skip to content ↑
Commissions and limits
As for commissions, gate.io offers a diversified approach. The official website provides detailed payment plan traders for each type of operations. On average, the figure is 0.2%. As for limits, they are registered in the column of the Daily Withdraw Limits.
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Reviews the work of support services and the exchange gate
In the Russian segment of the Internet are not many reviews about cryptocurrency exchange gate.io. This is due to the fact that the service is more focused on Western and Asian audience. However, some users ‘ opinions meet.
Traders note a rather modest functionality of the platform and ease of exchange, not forgetting to emphasize the broad Arsenal of trading tools. Gripes about work with a platform not marked. skip to content ↑
The advantages and disadvantages of the exchange Gate.io
- 1. Huge selection of assets to trade. The site is one of the leader, in terms of the number of coins offered for the job. Here you can meet exotic assets. Constantly adding new coins, including the latest.
- 2. Simple and convenient platform. Despite the absence of many professional tools traders will appreciate the simplicity and convenience of the terminal gate.io.
- 3. A simple registration. In order to become a customer, you must fill out a simple form and pass the verification e-mail address.
- 4. The possibility of adding to the listing of their own coins. Available dlabay projects planning to release its own coin.
- 5. Mobile terminal for popular operating systems. Allows you to always stay up to date with events and work in any corner of the globe where there is Internet.
- 6. The average market Commission. The Company Gate.opredeliaet competitive Commission payments, making the platform profitable for clients.
- 1. No additional tools for placing bids. On the site includes only market orders. Stop loss, limit and other types of open positions is not available.
- 2. No Russian version.
- 3. You need to verify with the provision of passport data.
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Conclusions and recommendations
The Exchange Gate.io interest only because of the great number of cryptocurrencies. For Russian traders, there are other platforms with localization and a wider array of functionality.