About Gate.io exchange

Gate.io is a cryptocurrency exchange founded in April 2013 by Lin Han in the Cayman Islands. It is recognized as one of the top exchanges globally in terms of trading volume. As of May 2023, its total assets were reported to be $1. 88 billion.

The company launched several initiatives over the years, including the GATE.io Live livestream platform and the GATE SAFU fund in 2019. In 2020, they introduced a Proof-of-Reserves system, allowing users to verify their assets on the platform. They passed the Trusted Volume Test by Coin Metrics in July 2020 and established Gate Ventures, their venture capital arm, in September 2021, starting with a fund of $100 million and later launching another fund of $200 million in November 2022.

Gate.io collaborated with the City of Busan in October 2022 to help manage the Busan Digital Asset Exchange. In March 2023, it partnered with Visa to launch a crypto card for use in the European Economic Area. Gate.io also partnered with Coinfirm in 2023 for anti-money laundering and combating the financing of terrorism measures. Additionally, in February 2023, Gate Group applied for a cryptocurrency license in Hong Kong to establish ‘Gate HK. ‘

Gate.io faced some security incidents, such as when hackers compromised its official Twitter account in 2022, leading users to a fake website. The exchange also dealt with rumors about its liquidity health after significant outflows in 2022; however, it refuted claims of financial instability in May 2023. Another incident involved Crypto.com mistakenly sending approximately $400 million in assets to Gate.io, which Gate.io returned once the error was recognized. Moreover, in January 2024, Google removed Gate.io’s app in India due to local anti-crypto legislation.

Reviews of Gate.io vary, with Business Insider rating it 3. 71 out of 5. The Motley Fool noted that it is more suited for experienced traders, pointing out high deposit fees as a drawback. Despite this, it’s acknowledged as one of the top exchanges worldwide. Gate.io has also expanded in the Middle East and offers its own blockchain ecosystem, GateChain, along with a trading token called GateToken.

What Is Gate.io?
Gate.io is a centralized cryptocurrency exchange where users can find a large number of crypto coins and tokens to trade. The platform supports over 1400 cryptocurrencies with over 2500 trading pairs. The project occupies one of the leading positions in terms of trading volume (more than 12 billion dollars in trading volume daily) and supports spot and margin trading. It also expanded services to other markets, including options, futures, and derivatives for investors.

Launched in 2013, the platform claims to be “steady and reliable,” offering a user-friendly platform with 24/7 customer support and a robust mobile app. However, the exchange is not highly regulated, and does not offer the option to withdraw fiat. In order to withdraw funds from accounts or deposit cryptocurrencies, users go through a mandatory KYC or “Know Your Customer” process.

Who Are the Gate.io Founders?
In 2013, the exchange was established in China by founder and current CEO Lin Han. He wanted to create a secure trading platform for everyone who believes in Bitcoin. Lin Han holds a Bachelor of Engineering degree in Computer Software Engineering and a Master’s degree in Mathematics and Computer Science.

When Did Gate.io Launch?
It was launched in 2013 under the name Bter or Bter.com, then in the fall of 2017 the exchange was taken over by Gate Technology Inc. and has been renamed.

Where Is Gate.io Located?
Gate.io is the earliest crypto-to-crypto exchange from China. The company is located in the Cayman Islands.

Gate.io Restricted Countries
The platform is available to all countries except Cuba, Sudan, Syria, Iran, North Korea, Venezuela, Pakistan, and Crimea. Some services are not available to residents of the US (in Washington, New York) and Canada.

What Coins Are Supported on Gate.io?
Almost all the leading coins of the industry are listed on the platform, among them the top 20 cryptocurrencies by market cap.

How Much Are Gate.io Fees?
Commissions on the platform are quite competitive — while trading on the exchange, users do not have to pay deposit fees, while fees for withdrawal vary depending on the cryptocurrency.

Spot and futures trading fees are based on a tiered VIP level — depending on the user’s 30-day trading volume — and range from VIP 0 to VIP 16. Rates are based on a maker-taker model.

Is It Possible To Use Leverage or Margin Trading on Gate.io?
Gate.io offers to its clients margin trading with 10X leverage. The volume of the margin loan is determined by the leverage ratio: the exchange provides leverage ratios from 3X to 10X, which varies from market to market.

Who is the owner of Gate.io exchange?

Lin Han

GATE.io was founded by Lin Han in April 2013 in China. In 2019, the livestream platform, GATE.io Live, the GATE SAFU fund and were launched.

Is Gate.io a Chinese company?

Gate.io was founded in 2013 in China under the name Bter.com. At that time, the industry of cryptocurrencies was at the very beginning, and Bter was one of the first exchanges which gave a wide variety of altcoins to trade.

How big is Gate.io Crypto Exchange?

Gate.io is a Centralized exchange that ranks #16 on BitDegree Exchange Tracker. Gate.io has a trading volume of $1,522,358,767 in the last 24 hours and $648,385,522,007 in the last 7 days. Gate.io currently has 1,676 cryptocurrencies, 3 fiat currencies and 2,725 markets (cryptocurrency trading pairs).

Is Gate.io a Tier 1 exchange?

Is gate.io tier 1 exchange? Yes, it is.

Can I withdraw on Gate.io without KYC?

That’s why it’s wise to always verify each withdrawal before confirming it. Gate.io may require KYC for withdrawals, which can be problematic for users who prefer to keep their privacy when interacting with centralized crypto platforms.

How many users Gate.io has?

12 million users

Overview. Founded in 2013, Gate.io is a cryptocurrency exchange with 12 million users worldwide, nearly $5 billion in daily trading volume, and over 2,100 listed cryptocurrencies.

Is Gate.io Secure?

Gate.io FAQs

Gate.io is a safe exchange. There have been no public lawsuits against the business, and no official hacks reported in the last few years. However, some users have reported possible account hacks and suspicious activity.

Is Gate.io not allowed in the US?

While gate.io is a popular cryptocurrency exchange, it’s currently restricted in the US. But don’t worry – there’s a solution that can help you bypass these restrictions safely and legally. A Virtual Private Network (VPN) is one of the most effective ways to access gate.io from the US.

Is Gate.io legal in the UK?

Is Gate.io legal in the UK? Yes. Gate.io operates legally in the UK.

Where is Gate.io located?

George Town, Cayman Islands

Is Gate.io still in business?

Gate.io is now among the top 10 crypto exchanges in the world. The exchange boasted 17 million registered users as of Q3 2024. The platform offers access to over 2,600 cryptocurrencies and stablecoins. Gate.io has a large venture capital arm and recently became a sponsor of the FC Internazionale Milano football team.

Where is Gate.io server?

Tokyo, Japan

Market data collection infrastructure for Gate.io is located in GCP asia-northeast1 (Tokyo, Japan).

Is Gate.io legal in the US?

Gate IO is not allowed to operate in the United States because U.S. regulations do not permit the platform to offer its services to residents. Gate IO explicitly states that its services are not available to people in the U.S.

Does Gate.io have an app?

Gate.io offers a wide range of services for those looking to get into the cryptocurrency market. Our mobile app is designed for easy and convenient trading. You can customize your dashboard to get crypto market insights, and set automatic buys and price alerts with a single tap.

Is Gate.io a wallet?

Want to set up and use the Gate.io Web3 Wallet on Telegram? This guide provides a step-by-step tutorial to help beginners easily access and utilize the powerful features of the wallet.

Are Gate.io and gate.lite the same?

Gate.io Lite Version

The lite version is not just a wallet. It still offers services like trading and even an NFT marketplace. However, it has fewer features compared to the Pro version. For instance, the Lite version does not include futures, margin, algorithmic, and copy trading in the lite version.

Can I withdraw from Gate.io without KYC?

As for Gate.io, users are able to create accounts, get access to basic functions, and make limited transactions before KYC, for access to all functions and higher deposit and withdrawal limits, KYC verification is a must.