Review Top 10 Crypto Exchange
Gate.io is one of the oldest crypto-to-crypto exchange originally from China is operating since 2013. After rebranding to Gate.io in 2017, it is a fast growing crypto platform that offers a wide range of cryptocurrencies at competitive fees (0.06-0.20%). The platform provides features that most others do not even offer. It will attract investors especially those who are looking for specific coins that cannot be found on other exchanges.
If you are a seasoned trader or beginner who wish to purchase a coin, which is not available on other exchanges than Gate.io is a good platform for you.
Pros & Cons
According to Forbes Advisor, Gate.io is awarded (4.5/5.0) as one of the best Crypto Exchange in 2021.
My ranking (higher is better):
-Security and Safety: many options like Authenticator (2FA), Hardware key, fund password (5/5)
-Trading fee: with GT points (4/5)
-Customer support: fast reply (4/5)
-High % stablecoin Staking/Lending and launchpad: Low % on 3 stablecoins and too many new high risk new coins (2/5)
-Fiat; Credit card and only by third parties (2/5)
-Supported coins (5/5)
-Mobile app (4/5)
Conclusion: Good exchange for traders, but for passive income is less suitable because of low % on staking and lending of max 10 days.
How about hold their own GT token?
I have added the GT Price chart so you could check it yourself if it is a good investment.
Disclaimer: I am not a financial advisor and cannot give investment advice. All the information contained on this website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on this website is strictly at their own risk. Please consult your financial advisor to associate the risks involved.