https://ift.tt/pQKAiBJ Gate.io alternatives: top competitors and exchanges better than Gate.io

10 Gate.io alternatives: top competitors and exchanges better than Gate.io

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Intro


Gate.ioΒ Is one of the best exchanges in the crypto industry. However, even the best have alternatives. This article will show the bestΒ Gate.ioΒ alternatives, so if you are looking to replace Gate.io with some other exchange, you are at the right place.

Best Gate.io alternatives


Binance


Established & high liquidity

10 Gate.io alternatives: top competitors and exchanges better than Gate.io

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Over 30 million users worldwide and more than $15 billion in daily trading volume make Binance the world’s largest centralized cryptocurrencies exchange. Originally from Hong Kong and now from the small European island of Malta, this exchange was founded in July 2017, and it quickly became the most used exchange on the market. Binance is supported in 60+ countries (excluding the U.S).

More info +

On Binance, you can buy, sell, and trade a large number of cryptos with low fees. Two Factor Authentication, cold storage, and multi-sig wallets provide Binance users excellent security. It is considered one of the most secure cryptocurrencies exchange in the crypto sphere. Binance supports spot trading, margin trading, P2P trading, futures, earn (locked savings, fixed savings, yield farming, and DeFi staking), mining, and staking pools. You can trade more than 350 cryptos and over 1300 trading pairs.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.1%
⚑ Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
⚑ Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

Β  Low fees
Β  High liquidity
Β  Lite and Pro version
350+ cryptos and 20+ fiat currencies

Not accessible to U.S. users
Hacked in 2019

Kucoin


Regulated & high liquidity

kucoin logo

KuCoin

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, EUR, GBP, AUD, CAD + 20 more

Founded in 2017 and with H.Q. in Singapore, KuCoin is among the leading cryptocurrency exchange platforms on the market. It has 10+ million users worldwide and 6+ billion in 24h trading volume.

More info +

KuCoin offers an impressive number of cryptocurrencies that you can buy, sell, and trade with one of the lowest fees in the crypto industry. KuCoin supports buying, selling, futures, leverage, spot trading, spot grid trading, margin trading, staking, lending, P2P trading, OTC trading, earn, and pool. It has 500+ cryptocurrencies available for trade and 1000+ trading pairs. Today, KuCoin is available in more than 180 countries around the globe.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0 – 16$ (average)
⚑ Trading fees:
0 – 0.1 %
⚑ Payment Methods:
Debit and Credit card, Apple and Google Pay
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD + 20 more

Β  Wide range of coins
Β  Low fees
Β  Mobile App (Android and iOS)
No forced KYC
10+ M users
Innovative and quick to add new features

Not licensed in the U.S.
Limited payment methods

Uphold


Regulated & high liquidity

uphold exchanges

Uphold

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, GBP, EUR + more

Uphold is a crypto exchange that has been in the game since 2015. The headquarters of the company is in NY, the US. It offers its users a multi-functional exchange of different assets, other than just buying and selling cryptocurrencies.

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Uphold offers a beginner-friendly interface. The main focus (and the main differences compared to its competitors) is on trading directly between asset classes with fixed payments, offering a future where all users have access to financial services, thanks to Uphold’s unique β€œAnything-to-Anything” trading experience.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
Based on spreads
⚑ Service fees:
1% – 3%
⚑ Payment Methods:
Debit/Credit Cards, Bank Transfer (SEPA), SWIFT, ACH Transfer, Wire Transfer, Crypto Conversion, etc.
⚑ Supported fiat:
USD, GBP, EUR, and 15+ more

Β  Offers a beginner-friendly interface
Β  Various advanced features
Β  Unique β€œAnything-to-anything” trading service
Low fees
It is regulated by the US laws

Customer support can be better
Various trading limitations
A less organized educational section (compared to its competitors)

Coinbase


Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD, and 50+ more

If we want to mention the biggest cryptocurrency exchanges in the world, Coinbase is most likely the first name that comes to our mind. Coinbase is a very powerful crypto platform, especially in the US.

More info +

In total, it has over 60 million users around the world which is a remarkable number. The headquarters of Coinbase is in San Francisco, California. Coinbase is not only a typical exchange, but it also offers a cryptocurrency wallet, so we can safely say it is a suitable place for crypto investors.Β 

⚑ Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
⚑ Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25
⚑ Trading fees:
Fees vary
⚑ Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer,
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more

Β  Very large user base and extremely popular
Β  Debit card available
Β  A variety of fiat currencies supported
Over 100 cryptocurrencies supported

No future or margin trading
Fees are fairly high

FTX


Trustworthy & high liquidity

10 Gate.io alternatives: top competitors and exchanges better than Gate.io

FTX

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, HKD, GBP, EUR, and more

Founded back in 2019, FTX is one of the biggest crypto exchange platforms on the market. They moved their headquarters from Hong Kong to the Bahamas not long ago. FTX is a well-established and easy-to-use platform, but it is mainly focused on professional users.

More info +

The platform supports different cryptocurrencies, more than 300 to be exact. Furthermore, FTX is available in 100+ countries around the world, but it is not supported in the USA. Additionally, on the platform, users can choose from 450+ trading pairs that are available on the platform. FTX supports futures, spot trading, margin trading, OTC, leverage, NFTs, and many more.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.01 – 0.07 %
⚑ Payment Methods:
Wire Transfer, SEPA, Credit Card, Silvergate Exchange Network (SEN), PayID, Signature SIGNET, and cryptocurrency
⚑ Supported fiat:
USD, HKD, GBP, EUR, AUD, SGD, CAD, ZAR, BRL, and CHF.

Β  No reported scams or hacks
Β  Many cryptos and fiat currencies supported
Β  Trustworthy level of security

UI is not user-friendly for new clients
USA citizens not allowed

eToro


Regulated & high liquidity

10 Gate.io alternatives: top competitors and exchanges better than Gate.io

eToro

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP + more

eToro is a crypto exchange platform mostly popular for its advanced copy trading feature. Aside from being extremely reliable, eToro is also one of the oldest exchanges in the community; it was launched in 2007 with headquarters in Cyprus.

More info +

The platform supports more than 140 countries, with the US joining the list quite recently. However, there are still some restrictions for US citizens since they can currently only trade cryptos on eToro. Other users are allowed to trade Stock, Forex, Social Trading, CFDs, Index-Based Funds, Cryptos, Indices, and ETFs. As we mentioned, the most popular feature on the platform is copy trading. Users can β€œcopy” trades from other investors and make the same trades in real-time.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
$5
⚑ Trading fees:
0.75 % – 4.9 % spread depending on the cryptocurrency
⚑ Payment Methods:
15+ (Credit Cards, MasterCard, Visa, EWallets, etc.)
⚑ Supported fiat:
USD, EUR, GBP, and 20+ more

Β  Unique features such as Social Trading and β€œVirtual Hub”
Β  Simple interface
Β  Competitive fees
The minimum trade amount is very low

There aren’t many supported cryptocurrencies
American citizens can only trade cryptos on the platform

Kraken


Regulated & high liquidity

10 Gate.io alternatives: top competitors and exchanges better than Gate.io

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

Kraken is one of the oldest and biggest centralized cryptocurrency exchanges on the market. It was founded in San Francisco, California, the United States, in 2011. It has over 6 million users all over the world. Kraken offers 90+ cryptocurrencies that you can buy, sell, and trade.

More info +

Today, Kraken is available in more than 170 countries around the world. It is registered under FinCEN in the U.S., but residents from New York and Washington aren’t allowed to use it. It is a user-friendly exchange and an excellent platform for safe and secure transactions. It supports buy/sell, send/receive, exchange, margin trading, OTC trading, staking, limit, market, and stop-loss limit order, futures, take profit market order, and more.

⚑ Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
⚑ Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (Β₯20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
⚑ Trading fees:
Maker: 0.16%Taker: 0.28%
⚑ Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
⚑ Supported fiat:
USD, EUR, GBP, JPY, CAD

Β  170+ countries supported
Β  Never been hacked
Β  Mobile App (iOS and Android)
Various payment methods
A wide range of cryptocurrencies is available

Fees slightly above the industry average
Limited customer support

Gemini


Trusted & high liquidity

10 Gate.io alternatives: top competitors and exchanges better than Gate.io

Gemini

πŸ‘› Ease of Use – Easy
πŸ‘› Fees -Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD

Gemini is a crypto exchange founded back in 2015 by two prominent tech brothers – Tyler and Cameron Winklewoss.Β 

More info +

Gemini of today is one of the powerhouses of crypto trading. The exchange is well-reputed and one of the leaders in mainstream penetration thanks to their aggressive ad campaigns on buses, billboards, and mainstream media.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0.001 BTC
⚑ Trading fees:
0.10% – 0.35%
⚑ Payment Methods:
Credit/debit cards, Local bank transfer
⚑ Supported fiat:
USD

Β  Ability to set real-time market limit orders
Β  Low fees
Β  Clean user interface
Strong reputation

Exclusive to a limited number of countries

Phemex


Established & high liquidity

phemex logo

Phemex

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low (completely free with paid premium acc)
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – None

PhemexΒ cryptocurrency trading platform is named optimistically by the Greek Goddess of fame and good repute Pheme.

More info +

It is one of the newerΒ crypto derivative exchanges on the market. While everything around it looks and sounds appealing, Phemex still has things to prove.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0.0005 BTC
⚑ Trading fees:
0.025% – 0.075%
⚑ Payment Methods:
Only BTC
⚑ Supported fiat:
None

Β  No KYC process
Β  Quick transaction time
Β  Mobile apps for Android and iOS

US citizens aren’t allowed to trade
not battle-tested

ByBit


Trusted & high liquidity

10 Gate.io alternatives: top competitors and exchanges better than Gate.io

ByBit

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – None

Bybit is a somewhat late addition to the ever-growing suite of exchanges looking to provide cryptocurrency derivative trading services.

More info +

The platform came to be sometime in 2018 with its original headquarters being established in Singapore. Since then they’ve expanded their operations to additional offices in Hong Kong and Taiwan in an effort to support their growing user base of 100,000+ traders hailing from places such as North America, Europe, Russia, Japan, South Korea and Southeast Asia.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
-0.025% – 0.075%
⚑ Payment Methods:
Only crypto
⚑ Supported fiat:
None

Β  Up to 100x leverage
Β  No mandatory KYC
Β  Reduced risk of price manipulation and liquidations

No US citizens allowed
Limited number of supported coins

Read also:

FAQs


What exchange is better than Gate.io❓
All exchanges mentioned in this article are valid alternatives to Gate.io exchange. Coibnase stands out.

Is Gate IO trustworthy❓

Yes, Gate.io is a trusted and established crypto platform.

Is Gate IO better than Coinbase❓

Gate.io is a crypto exchange offering a variety of derivatives on a proprietary platform. Coinbase is the easiest place to buy, sell, and manage your cryptocurrency portfolio.Β 

Is Gate IO legal in Canada❓

No, Canadian traders are not allowed on Gate.io.

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