The platform officially started operating in 2017. The status of the exchange is official, the registration was in Virginia.
The exchange is mainly designed for English-speaking and Asian players.
The exchange gate interface is quite clear and simple. The site is available in three languages:
Passage of registration and verification
As for identity verification, this crypto exchange without verification makes it possible to make financial transactions. Rather, you need to confirm your identity if the amount of withdrawn funds exceeds $ 1,000. For verification, you need to enter the series, passport number, and also place a photo of the first page. The country of residence must also be indicated.
The gate io exchange often additionally asks to send a photo along with the document.
How to withdraw funds and is there a commission
Deposits and withdrawals on this site are available exclusively in cryptocurrency equivalent. If the client deposits funds into the account, no commission is charged. But for the funds to be credited to the account, it takes some time. There must be a fixed number of confirmations on the blockchain.
Is the exchange safe
About the gate io exchange, reviews say that the exchange cannot be considered 100 percent safe. Several times it was hacked and even hacked. But since 2015, the exchange has established strong security, and customer data is securely encrypted. Now the exchange is very difficult to hack, even almost impossible.
For those who have accumulated questions, there are complaints, something does not work out, there is a support service that works around the clock. You write your question or problem, and you will receive a prompt response.
Advantages and disadvantages
The exchange has a number of its advantages and disadvantages. Site advantages:
- A wide variety of trading pairs
- Small trading commission
- There is a mobile application, which is convenient for active people who do not sit at home all day, near the computer
- Enhanced Security
- Verification is not required if the amount does not exceed $1,000
But there are also disadvantages:
- No version in Russian
- Sometimes there are delays in withdrawing money