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58 Review
4.25 Karma

Review on Gatecoin by Hannah Apuede

Revainrating 3 out of 5

Gatecoin is not responding to any input anymore.

Gatecoin is a decentralized cryptocurrency exchange that was launched in 2017 although with the aim of distributing a large community service for crypto traders. It also provided the easiest payment options where users are not limited to making exchange and payment through a single payment options but they are certainly opened to many easy to use means.

In addition,the gatecoin happens to be inactive since it was hit by a bunch of hackers and this is certainly the reason why such platform should be avioded rather than risking depositing into the platform. The thing that most users are having challenge to do today is that the still haven't received refunds of their funds that is deposited into the gatecoin. From investigations it happens that the platform is no longer responsible for keeping the data,emails and password security of the users since it was hacked leading to 250 worth of BTC been Lost and over 184,000 ETH as well and this is certainly one of the main reasons why it went bankrupt.

Pros
  • There's none for this review.
Cons
  • It is inactive.
  • Can't make exchange on this platform anymore.
  • Failed security over users funds.