![]() Thankfully, though, there are quite a few user Gate.io exchange reviews that point out the site being on the more-secure side of things.įor starters, Gate.io keeps its user cryptocurrencies in two types of wallets - hot and cold ones. Even things like trading pairs and fees fall behind - if the platform isn’t secure, no matter what type of deals it may offer, you would probably do best to avoid it. If you’re wondering is Gate.io safe, you should know that security is undoubtedly the most important aspect of a respectable and longevity-boasting crypto exchange. To sum up, if you’re looking for some of the more-niche and less-known cryptocurrencies, chances are that Gate.io is going to be one of your best bets - a sentiment echoed by multiple Gate.io customer exchange reviews, too! Since Gate.io is, in fact, one of the oldest exchanges on the market, it does make sense that it would offer a very wide range of coins! With growing interest in a wide assortment of crypto-related assets, it’s only natural that cryptocurrency exchanges would step up their game and offer a wider variety of coins for trading and exchanging purposes. This is evident by reading through some Gate.io exchange reviews, too. The skyrocketing of Bitcoin’s and most other coin prices, however, did have some lasting effects - one of them is the fact that a huge number of people came into the industry, and started researching some of the more-niche coins and crypto assets. During this period of time, the crypto market experienced an unprecedented bull run, and then crashed rather significantly. This has been the case up to late 2017 - early 2018. ![]() As far as the mainstream trends were concerned, crypto newbies would usually aim to purchase Bitcoin, and perhaps some of the better-known altcoins such as Ethereum or XRP. You see, some years ago, not that many people knew about cryptocurrencies, in the broader sense. Well, it’s pretty simple, really - it has to do with society’s growing interest in cryptocurrencies, in general. ![]() ![]() Now, the natural question that may arise from this is simple - why is it even important, in the first place? It’s one of the most adamantly-proclaimed benefits mentioned in multiple user Gate.io reviews, too! In this regard, Gate.io falls into the latter category - there are over 200 different cryptocurrency assets available for you to trade on the site. While some platforms support but a few main coins and assets, others offer nearly hundreds of cryptos to trade and exchange with. The actual number of supported cryptocurrencies is one of the most diverse and inconsistent aspects of the different exchanges that are out there. Probably the most obvious benefit that the exchange provides would have to do with its number of supported cryptocurrencies. Having said all of that, we’ll still start off from the more-positive aspects of Gate.io, and work our way down from there. This can be seen by observing some conflicting user reviews online - the opinions are rather split, and while some people note the amazing benefits of Gate.io, others badger on the more-notable issues. Previous Security Breach and Lack of InsuranceĪs noted in the introductory part of the Gate.io exchange review, the platform does possess a bit of a tricky reputation. We'll also mention some better alternatives, too - they'll include Binance and Coinbase. Worry not, since we’ll discuss both the pros and the cons of the platform, and leave no stone unturned by the very end!Īlso, I’ll guide you through the process of registering on the site and purchasing your first cryptocurrency, too! To finish off our Gate.io exchange review, I’ll also let you know my personal opinion about Gate.io, and whether or not it’s worth using, in the first place. Gate.io has had some issues in the past, and thus, there are multiple user reviews left online that aren’t all that positive towards the exchange in question. Ironically, though, it’s actually one of the oldest crypto exchange platforms in the industry, having been launched all the way back in 2013! Thus, in this Gate.io exchange review, we’ll check to see if the platform is worth paying attention to. When you’re looking for the best cryptocurrency exchange for yourself, chances are that Gate.io isn’t really going to be the first name that pops up on your radar.
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