Review on Gate.io by phuong cong
Having been hacked but Gate is rising strongly
Gateio is a long-standing exchange established in 2013 in China, initially they named the exchange Bter but after the hack of 7000 BTC on this trading platform and the Chinese authorities banned Crypto They moved their headquarters to another country and changed their name to Gate.
After returning all the stolen money to users, Gate aims to develop an exchange with the most security. They focus on developing Crypto-crypto exchanges, many high-quality projects are listed coin, high liquidity. Many IEO projects are chosen by Gate to bring good profits and some coins after being listed on Gate will be noticed by many major exchanges.
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Pros
- The security is good when Gate's technical team has more than 100 people just to reseach security
- The trading volume is large and less fake
- Support margin, future trading
- Bonus policy is quite preferential commission
- Optimized for mobile platforms
Cons
- Users must KYC to withdraw coin
- It has encountered many hacks in the past
- High transaction fees 0,2%
