Choosing the right crypto trading or exchange platform is not always an easy task. Still, with the correct information on the best sites, the process could become easy for the investors. Here's a case sample of a new crypto investing site to watch for in the future.
What Is Gate.io?
Gate.io is a cryptocurrency trading and investment site looking to offer its users with an alternative option to conduct their crypt-related exchanges or investing. The site's goal is to capture a share of the crypto markets that are dominated with a few crypto exchanges whereas there are plenty of options for the crypto enthusiasts.
Gate.io hopes that with their service they can offer users’ hassle-free access to upcoming ICOs, tokens or crypto projects and find relevant information related to the respective parties.
Gate.io Blockchain Crypto Asset Trading Exchange Platform Features
The Gae.io platform works by using the following functions on its site:
Registration is pretty straightforward since the user would only require to visit the website and signup by creating an account. The signup process would only need a username, email address, fund password and the account password to complete
As of now, Gate.io divulges just in cryptocurrency investing or trading, and there is no fiat option whatsoever. However, for cryptocurrencies, Gate.io supports over 250 crypto trading pairs. The crypto coins available on Gate.io's platform include Bitcoin, Ethereum, Ripple, Litecoin, Dogecoin, Dash, Qtum, OmiseGo, Zcash, and EOS. There are other newer models such as Nebulas, Zilliqa, and Ontology that also make-up part of the cryptos.
Gate.io fee structure does not encompass deposits, meaning there is no charge for such an action. However, for the trading service between crypto pairs, there is a 0.2% fee that exists. Still, the fee is applicable depending on the transaction levels with users of higher tier expecting to get a discount from the cost.
Trading On Gate.io
Once the user account receives confirmation, the user can potentially start to trade right away. The initial option would be to select an appropriate trading pair from the “Markets” option. That will include tabs for the BTC, ETH, QTUM and USDT pairs that one can use to enlist and trade with during their session. Clicking on each trading pair would reveal past historical data ranging from graphs, candlesticks, and bars to indicate past and open trades.
With merely 0.2% as fees, Gate.io operates a cheaper system to allow for crypto to crypto trading.
The Gate.io platform plans on utilizing both hot and cold storage methods to ensure the utmost safety for their finances and credentials.
Although a web-based trading platform, Gate.io works similarly to exchange with even the option of order books, charting and trading history.
There is the support section that offers the ultimate solution for customers’ queries with an FAQ feature and a user guide for further intrigues
Although a relatively new cryptocurrency exchange, Gate.io provides for a wide range of cryptos that are available for trade. Overall, the platform remains functional even though it is not entirely exceptional. However, with an only small number of exchanges supporting such token models, Gate.io provides the usefulness and experience that all crypto investors want.