Review on Gatehub by Olugbenga Ajayi
The exchange is not really reputable
The exchange Gatehub is from UK and it supports trading of major cryptocurrencies like Bitcoin, Bitcoin cash, Dash and ethereum classic
The platform is easy to use for all kinds of users. Recently it has not been enjoying much liquidity likely because of the covid-19. It could also be as a result of the hack that occured in the past.
The exchange charges higher trading fee compared to the industry standard if 0.20%. it charges 0.30, Also the 0.001 BTC that is charged on withdrawal is rather too high. For deposit it accepts wire transfer and crypto.
Pros
- The platform is intuitive and easy to use for beginners
- It is a multi crypto exchange
Cons
- The withdrawal fee is too high at 0.001 BTC
- Security on this exchange is scary since the last hack occurred
- Trading fee is high
