Review on Gate.io by Danh Huỳnh Ngọc Công
Gate as the entrance to your blockchain journey
Gate dot io is an outstanding exchange that gives one of the best experience in trading to its users. It makes buying and selling become easy and also provide a lot of the services that is necessary for the community. I recommend everyone to use this exchange for the long term
Pros
- - Account registration on Gate may take only a few minutes as it only requires users to fill in with simple information
- - Gate respects the security of its users accounts so it always reminds users to do set up 2FA and KYC in case of accounts stolen or loss of devices
- - Its high volume represent its healthy liquidity meaning that coins and tokens on exchanges are less likely to suffer from price manipulation and stuck orders
- - Gate has listed more than four hundred trading pairs; therefore, users with diversified portfolio may have a high chance of finding all the cryptocurrencies they hold on this platform
- - Along with normal trading, Gate also offers many different services such as margin trading, contract trading, startups, Periodic investment plan, lending, or margin borrowing
- - Their customer support can be found on the right of the screen. By pressing on the 'Support' button, users will be led to the support chat box or support zendesk page
- - Deposit to the account is free and withdrawal fees for altcoins are extremely low making it a good exchange to make profits from
- - Trading interface is very effective and easy to use. It provides much information about the movements of the market and also give useful tools for professional traders
Cons
- - Although KYC is good for the security of users account, the privacy of them can be threaten if the information is exposed to bad people
- - Compared to decentralized exchanges, a centralized exchange like Gate suffers from dramatic attacks of hackers and charge a lot of fees from withdrawals
- - There are a lot of competitive CEX out there with very health liquidity, excellet features and many benefits for the community
