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Gatecoin Review

13

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Average

Revainrating 3 out of 5  
Rating 
3.0
Crypto Exchanges

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Description of Gatecoin

Gatecoin is a Hong Kong cryptocurrency exchange, founded in 2013. The main activity of the site is trading in Etherum in pairs to Bitcoin, other altcoins and fiat money. This service is the first exchange that started working with the ETH token. In Hong Kong, the platform has the status of a financial services operator, and also has licenses to operate in Europe. This guarantees payments to customers even with bankruptcy of the service.

Reviews

Global ratings 13
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Type of review

Gatecoin is a cryptocurrency exchange initiative located in Hong Kong that uses blockchain technology. To be honest, I was happy with Gatecoin since I was able to trade my tiny quantity of cryptocurrency through it, and my transfers and trading operations were lightning quick. In comparison to many other exchanges, commission costs were also reduced. It was an excellent exchange, especially for exchanging altcoins. Gatecoin made a bold foray into the cryptocurrency realm, but it ran into a…

Pros
  • An exchange that was simple to utilize.
  • I don't believe there was a security issue.
Cons
  • An exchange that has ended.
  • Many consumers had issues with their assets.

Gatecoin is a Hong Kong based cryptocurrency exchange project created with blockchain technology. Frankly, I was pleased with Gatecoin because I was trading my small amount of cryptocurrencies through Gatecoin and my transfer, trading transactions were very fast. Commission fees were also lower compared to many exchanges. It was a very suitable exchange, especially for altcoin trading. Gatecoin had an ambitious entry into the cryptocurrency world, but had many problems. Gatecoin, which…

Pros
  • This exchange did well until it closed
  • Its developers are honest people because over time they will replenish victims
  • Altcoin trading is a widespread exchange
Cons
  • Closed
  • Many users are unaware that their money will be refunded

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

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

Gatecoin is a Hong Kong based cryptographic cash exchange project made with blockchain advancement. Actually, I was happy with Gatecoin because I was trading my unassuming amount of cryptographic types of cash through Gatecoin and my trade, trading trades were fast. Commission costs were moreover lower diverged from various exchanges. It was a genuinely sensible exchange, especially for altcoin trading. Gatecoin had an objective situated segment into the cryptographic cash world, in any

Pros
  • This exchange did well until it shut
  • Its designers are clear people considering the way that as time goes on they will re-energize setbacks
  • Altcoin trading is a certain exchange
Cons
  • Close
  • Various customers are oblivious that their money will be limited

Revainrating 4 out of 5

Nothing is going on this exchange anymore

Gatecoin is an Hong Kong crypto currency exchange that trades major altcoins such as Bitcoin, Ethereum and the likes. I wanted to trade on this exchange last year to know how it work,so before I registered on the exchange I wanted to take my time to look at some of it features like the trade view,fees and security,but to my utmost surprise the exchange was already shutdown and I could not even register not to talk more of checking the exchange out,and because of this I didn't have any…

Pros
  • It is a trustworthy and honest exchange ,this was clearly displayed by the exchange when they informed their users about their intention to shutdown service and also refund back users funds
Cons
  • It has nothing to offer traders anymore
  • The trading pairs a and volumes are blank
  • There's nothing on the exchange's website.

Revainrating 1 out of 5

Gatecoin

This platform is currently closed since it does not provide its deposit services so that users do not suffer losses,This platform in 2019 sent a statement to all its users that it was in liquidation of all its assets to date causing all its users to withdraw the assets That they owned on that platform so as not to suffer losses later. This platform provides its optimal services to all its users until the moment of its closure. Providing honesty and responsibility on behalf of its administrators

Pros
  • responsibility when warning its users of its closure
Cons
  • Settlement of your services

Revainrating 1 out of 5

Gatecoin

This exchange platform is closed, this information was released by an announcement shared to all its users in April 2019. Formally informing all its users that their platform would be in the process of liquidating all the assets of all their users, giving this news via email. The last updated news of this platforms was in June 2019 informing all users who were not aware of this situation so that they could withdraw their assets so as not to suffer losses of any kind since up to now they gave 2…

Pros
  • responsibility when advising all its users
  • we opt for services until its closure
  • Announcement by email in 2019 of the liquidation of your creditors from your platform.
Cons
  • Closed from March 20, 2019.

Revainrating 3 out of 5

Gatecoin, suspended its services and closed.

The cryptocurrency exchange site Gatecoin provided cryptocurrency trading services like ETH and BTC, it suspended its services in 2019 due to hacking and banking issues. Almost a year after having closed their platform due to these serious problems, even on their official page they have the announcement of the liquidation of their creditors, apart from that they have attached the contacts to inform them about the liquidation. This is a good initiative , since many commercial platforms close…

Pros
  • Announcement by email in 2019 of the liquidation of your creditors from your platform.
  • I send all your creditors your contacts for inquiries or need more information. It was a positive step to contact all of your creditors to inform them.
Cons
  • This exchange was liquidated after hacking and banking problems.

Revainrating 4 out of 5

Gatecoin

Gatecoin this is a cryptocurrency exchange that operates in the Asian continent, it has been in the digital market for more than 5 years and since its launch it has been very successful since it works in the main digital cities, its main trade is Ethereum to Bitcoin, and It works other groceries and with it fiat money, this is a platform with a very good liquidity in making transactions, the operations are very fast and this is a positive thing as its interface is a very good one and it is…

Pros
  • it operates with very famous currencies
  • very good interface
  • very secure
Cons
  • only operates in japan

Revainrating 1 out of 5

This exchange is closed.

In an announcement made in April 2019, it was formally published that the same would be in the process of liquidation, the notification of this process was sent to users of this platform via email. The last update of the notification was made in June 2019, requesting non-contacted users to proceed formally with the process. The invitation is to enter your website and contact yourself if you are a former user of this platform.

Pros
  • Currently on its official site it is possible to see the notifications of closure and settlement.
Cons
  • Closed from March 20, 2019.
  • The appointment of a board to settle this exchange was created through a Hong Kong court

Revainrating 5 out of 5

Good platform of exchange.

The platform regularly ranks among the ones with highest daily trading volume, according to the data of Crypto compare.The deposit and withdrawal fees for fiat currencies, charged by Gatecoin are also fairly reasonable.

Pros
  • Trading View charts.
  • Reasonable fees.
Cons
  • No cards accepted for deposit.
  • Cumbersome verification process.

Revainrating 5 out of 5

Gatecoin says it accepts clients from some US states.

Gatecoin charges a 0.35% taker fee and 0.25% maker fee. With the raising of the volume threshold, the fees drop, to reach 0.1% taker fee and 0.02% maker fee. Gatecoin is a Hong Kong-based cryptocurrency exchange offering spot trading in Bitcoin, Ether and Bitcoin Cash. The first two tokens can be traded against each other and three fiat currencies: USD, EUR and HKD. Bitcoin Cash can only be traded against Bitcoin.

Pros
  • Licensed.
  • TradingView charts.
Cons
  • No cards accepted.
  • Cumbersome verification process.

At the moment, the exchange does not work. At the entrance to the site, a message pops up from the creators of the site that the project will soon close soon.

Pros
  • GateCoin takes security very seriously. They have a secure platform for traders to access a wide range of assets.
Cons
  • GateCoin isn't regulated and has some customer support issues to put it lightly.