Gate.io Review: How To Trade Successfully — A Must Read!

Gate.io

Gate.io (An Overview)

gate.io

Features of Gate.io

  • Intuitive UI
  • Advanced trading tools
  • Plethora of tokens
  • High trade volume
  • Super secured SSL Link
  • Offline Bitcoin Wallet Technology
  • Low Fee
  • Mobile App
  • Sub-account

Products and Services

i. Deposit USD

ii. Markets

iii. Trades

  • Spot
  • Spot Trading: This is where you exchange your crypto asset for another — Say you placed an order to buy or sell 1INCH for your BTC.
  • Margin Trading: Here, you are borrowing additional funds from Gate.io to perform your trade. Note that this type of trade can amplify both your profits and losses.
  • ETF: ETF simply stands for Exchange Traded Fund. Gate.io allows you to trade, leveraged, combined, and inverse ETFs. More so, it supports up to 143 ETFs. Impressive!
  • Push Transaction: Using this feature, you can flexibly trade your cryptocurrencies directly with another Gate.io user in a peer-to-peer manner.
  • Derivatives
  • Perpetual: Gate.io supports two types of Perpetual contracts — BTC Settled and USDT settled.
  • Delivery: This is basically futures trading, BTCUSDT and ETHUSDT are the 2 contracts supported. Contracts are settled Quarterly, Weekly, and Bi-Weekly.
  • CBBC: This is a futures contract that allows you to predict the market trend of a crypto asset in the future (whether Bullish or Bearish). Read more here.
  • Warrant: This is similar to options trading. It is a contractual right to buy or sell an underlying asset at a specific price in the future. Note that, as of May 2021, “Warrant” is still on the testnet. Find more details here.

iv. Finance

  • Lend
  • HODL & Earn: Here, you can earn passively by staking any of the supported crypto assets for a predetermined time. For instance, you earn USDG when your stake your GT tokens for 7 days, e.tc. Note that you cannot withdraw your staked assets until the contract is settled.
  • Periodic Investment Plan: This is a dollar-cost averaging (DCA) product on Gate.io. It is one of the very best investment strategies in crypto that allows you to buy a fixed amount of crypto-asset periodically. Click here to learn more.
  • Crypto Lending: This is where you lend your crypto assets to margin traders and earn an interest in return. You can withdraw your interest after 10 days.
  • Dual Currency Product: This is the DCD investment plan on Gate.io. Learn more.
  • Loan
  • Crypto Loan: Here, you lend a certain cryptocurrency (let’s say EOS) as collateral to borrow another crypto (say BTC). However, your collateral must be up to 70% of your borrowed amount. The loan obtained must be repaid before or after the duration of 10 days.
  • Margin Borrowing: If you wish to top up your trading capital, Gate.io allows you to borrow any of your desired crypto assets with either BTC or USDT. Note that you need to, first of all, deposit your BTC or USDT to your Margin wallet/account before you can borrow.
  • Mining
  • Yield Farming: Here, you earn passively by staking your coins to the following yield farm pairs: ETH/BTC, ETH/BTC, and SUSHI/ETH
  • Lending and Farming: This is very similar to the “Yield Farm” product we discussed above. The difference is that here you can earn passively by adding liquidity to over 70 liquidity pools that are not paired.

v. Quantitative Trading

vi. Wallet

vii. Other Products on Gate.io

1. Startup

2. Cryptopedia

3. Voting Activities

4. Gate Chain

5. Block.info

Native Tokens of Gate.io

  • Gate Token (GT)
  • USDG

Gate Token (GT)

  • Gatechain: Just as ETH is used to pay for gas fees on the Ethereum blockchain, the GT token is likewise used to pay for network fees, and also for POS mining on Gatechainthe public blockchain of Gate.io.
  • Gate.io Exchange: Here on Gate.io, the GT token is used to pay for trading fees at a discount rate.

USDG

Supported Currencies and Countries

Supported Currencies

Cryptocurrencies

  • BTC, ETH, BNB, GT, USDG, XRP, DOGE, LTC, PIG, DOT, SHIB, ADA, CHR
  • FUN, EOS, BCH, FIL, SUSHI, AKITA, ZEC, ETC, MATIC, AAVE, UNI, HT, FEG
  • CRN, TRX, BSV, ASS, DOGGY, XVS, 1INCH, PLNL, KSM, XCH, TBT, SOL, ICP
  • ONT, ATOM, JGN, SAFEMARS, DASH, POLS, BAKE, QTUM, BTM, SXP, FTT
  • AVAX, ZKS, VET, ERG, SAFEMOON, CSPPR, LUNA, NEO, LION, RED, DODO
  • TWT, GRIN, CHZ, AE, DAO, FTM, XLM, CAKE, THETHA, ANKER, REEF, RNDR
  • XTZ, AQT, ZEN, BCN, DBC, PERI, KFC, CRT, NEAR, BTC3S, ETH5L.MKR3L e.t.c

Fiat

  • USD

Supported Countries

Gate.io Supported Currencies
  • Washington State ( U.S. A)
  • New York ( U. S. A)
  • Cuba
  • Iran
  • North Korea
  • Sudan
  • Syria
  • Pakistan
  • The Government of Venezuela
  • Crimea

Fees And Payment Methods On Gate.io

Fees

  1. Deposit USD — 0.08%
  • Tier rate: Gate.io has up to 16 VIP tiers and it is calculated based on your 30days volume trade
  • GT holdings: You get a 70% fee discount when you pay with this token
  • Points: You also get a 70% fee discount when you pay with this token. 1Point = $1 trade fee discount, and you can buy them on Gate.io.
Gate.io fees
Gate.io fees
Deposit and Withdrawal Fees

Payment Methods

  • Cryptocurrencies
  • USD

Limits And Verification Requirements

Limits

Gate.io Limits

Verification Requirements

  • Country
  • Full name
  • Identity document (National ID, Driver’s License, Passport)
  • A picture of yourself holding your passport and a note with your gate.io account ID

Customer Support and Public Opinion

Gate.io Ratings

Frequently Asked Questions (FAQs)

Conclusion

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