Review: Is It Safe To Use? (Updated 2021)

Choosing a cryptocurrency trading exchange can be a challenging task. There are several considerations such as the platform features, charting interface, trading pairs, fees, security and customer support. 

One of the oldest and most well-known exchanges in the world is

While we aim to provide you with accurate and the latest information in this review, we strongly suggest that you visit the website to keep updated with any changes that may occur afterward.

Key  Features:

  • 150+ cryptocurrencies supported
  • Spot, EFT, Futures and derivatives products
  • 0.2% trading fee to exchange crypto assets
  • Two Factor authentication
  • Earn interest on crypto within a wallet
  • Ranked 27th based on volume and liquidity



Ease of use

User interface



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Before getting started, it is often recommend to use a Bitcoin hardware wallet such as the Ledger Nano X when trading cryptocurrency. If you don't have a wallet, read our guide on best cryptocurrency hardware wallets to buy.

gateio website

What Is is a global cryptocurrency trading exchange that was established in 2013 to allow customers all over the world to buy, trade, sell and store a wide range of cryptocurrencies. The exchange is regarded as one of the top trading platforms for crypto and is currently ranked 27th in the world based on traffic, liquidity, trading volumes of spot markets. has expanded its core offering to provides EFT, Options, derivatives and a Futures market for investors to buy and sell crypto with margin trading.

Quick Overview

Exchange Name



Payment Type

Crypto only


Up to 100x

Trading Fee


Deposit Fee


Withdrawal Fee


Mobile App

Yes Compared

Advanced features, an intuitive user interface and a mobile trading app are important features on This comparison table lists alternate crypto exchanges like that offer world-class features.


Trading Fees









10% off trading fees



0.5% - 3.99%


$5 BTC bonus (USA only)

FTX Exchange


0.02% / 0.07%


5% off trading fees

For USA, visit FTX.US Features & Services offers a beginner-friendly and easy to use trading platform to speculate on digital currencies. The exchange primarily focusses on providing a stable and secure spot exchange. also offers the following features:

  • A beginner or professional trading platform
  • Spot market with over 150 crypto pairs 
  • Margin, derivatives and Futures market to long or short sell BTC with high leverage
  • Cryptocurrency EFT products such as leveraged, combined and inverse
  • Real-time market data and charting to trade altcoins, Defi tokens and stablecoins
  • Powerful and advanced trading engine with TradingView charts
  • Demo trade cryptocurrency using a testnet
  • Web and mobile app to monitor portfolio and trade from anywhere
  • HODL and earn interest on cryptocurrency investments
  • Crypto lending and crypto loans to pledge on an asset to borrow another
  • VIP trading fee discounts with larger volume amounts
  • Comprehensive guides, FAQ section and responsive customer support team 

Is Safe? includes several industry-standard security protocols to ensure customer's funds on the exchange are safe and secured from online threats. These measures include Two Factor Authentication, Cold Storage Wallets and an SSL secured website.

Account Registration & Login

To create an account with users will need to go through a registration process to create a trading account. exchange will prompt for a username and email. Verification of the email address completes the basic account creation process. A second password will be prompted to withdrawal funds from the user's wallet. Verification

Proof of identification is not required immediately for trading on Users can deposit funds to and begin crypto trading without completing KYC. Users will be required to submit identification documents to withdraw funds from the exchange. These checks and balances are in accordance with AML policies. It is a standard process to protect the digital currency exchange from involvement in money laundering or suspicious activity. The following information is required to complete verification:

  • Name
  • Date of birth
  • Phone number
  • Copy of a valid identification card or passport and proof of address
  • Photograph (selfie)

Depositing Funds accepts deposits for the major cryptocurrency assets and stablecoins such as Tether (USDT) to start trading. Funds can be transferred to a account using the desktop and mobile involves selecting the cryptocurrency to deposit (e.g. Bitcoin), copying the unique deposit address and transfer funds from another exchange or a cryptocurrency hardware wallet. The list of assets that can be transferred to for trading is shown under the 'My Funds' page. Users should also be aware there is no option for fiat deposits to buy crypto. deposit

Trading With has been designed for beginners and advanced cryptocurrency traders on the platform by offering a Standard and Professional user interface. The list of cryptocurrency trading pairs are hidden and can be expanded to view in full.

The standard version (shown below) is assumed to caters to new traders that includes a chart, order entry box, order profile list and trade history. The order entry box is large and easy to use, however the order book and trade history would be a distraction to new traders that do not read this data. standard interface

Like most reputable cryptocurrency trading exchanges, has integrated with Tradingview to provide a suite of charting features, indicators and drawing tools. Users can change time frames, add chart indicators and set alerts by right-clicking the charts. This makes it quick and easy to navigate the charts, change features and display preferences. 

The Professional user interface appears to be more compact and minimal than Standard. The interface has been designed to focus on price action and technical analysis with a larger chart window. It comes with the same features as the basic version and traders can overlay several different types of indicators to the charts. professional interface

To place trades using crypto exchange, there is an order entry window that is standard and has a similar appearance to other cryptocurrency exchange sites. Users can click on the recent orders which will automatically populate the prices in the order box. This is useful to avoid making a mistake entering the price. Trade volume can be adjusted using a slider. 

The available order types include limit, market and stop limit. Limit orders can be triggered based on price and/or time. There is also the option for Immediate or Cancel (IOC) and Iceberg orders for advanced traders. margin trading

The user interface to trade derivatives on is different from the spot exchange. The main difference is the leverage slider below the order entry window and contract details. The layout has a similar appearance to leverage crypto exchanges such as Bybit and BitMEX.

Overall, the user interface for the spot and derivatives markets is beginner-friendly, robust and suited to various types of traders and skill level. The charting window is responsive and includes advanced charting tools and software to trade cryptocurrency. App

Users that prefer to trade digital assets from anywhere and at any time can use the mobile trading app.  The app is supported on iOS and Android devices and has been downloaded over 50,000 times with an average review rating of 3.1 out of 5 stars. The app provides similar functionality to the desktop trading versions where traders can enter positions and monitor the trades on the go. app Fees uses a different fee structure for the spot and margin trading markets offered. The spot trading fee per transaction is 0.2% and reduces with increased trading volumes. The trading fee is similar to Huobi Global but is higher compared to Binance and KuCoin which offer 0.1% fees per trade. There is the option to pay for fees using tokens (GT) to receive a 25% discount. 

The fees for the Futures market are based on a maker and taker model which is -0.025% and 0.075% respectively. This is considered a low fee when compared to the most popular margin trading platforms in the world.

Not all cryptocurrency exchanges are the same.


Deposit & Withdrawal Fees

To deposit funds to exchange, there are no transaction fees. Withdrawal of cryptocurrency assets from the trading exchange will incur the standard blockchain network fee which is unavoidable and is adjusted automatically based on market conditions. The withdrawal fee for each asset and limits can be found on the fees page. HODL & Earn

Users on can transfer funds to the trading platform earn crypto as a lower-risk alternative to trading digital assets. offers various financial products such as fixed-term and flexible arrangements for traders to earn interest on their cryptocurrency assets in between trading on the exchange. The fixed term period to earn rewards can range between 7 and 28 days and includes coins such as USDG, TRX, EOS, ATOM, ALGO and Tezos. earn

Supported Countries supports cryptocurrency traders and investors all over the world to the platform with the exception of the following countries:

  • Citizens and residents of Washington State(U.S.A)
  • New York State(U.S.A)
  • Cuba
  • Iran
  • North Korea
  • Sudan
  • Syria
  • Pakistan
  • Venezuela
  • Crimea

Frequently Asked Questions

Has Been Hacked?'s security systems were breached in 2019 that resulted in 4,200 Ethereum Classic coins being stolen, worth approximately $271,500. The stolen funds were reportedly returned to Since this incident, there does not appear to be further hacks that have occurred according to our research.

Does Have A Demo Account?

Beginners can learn how to trade and demo trade cryptocurrency assets using the testnet. Users can switch to crypto trading with practice money within the user interface using the navigation menu at the top.

Can US Citizens Use crypto exchange allows users in 49 states within the US to trade the spot crypto market except for Washington State and New York State. Traders that reside in Washington and New York States will need to find another cryptocurrency exchange based in the USA.

Is Supported In Australia?

Cryptocurrency traders that reside in Australia can use to buy, trade and sell digital currencies on the platform. There is no option to deposit AUD directly to the exchange and will need to deposit cryptocurrencies. For a list of other reputable exchanges, read our comparison guide on the best Australian crypto trading exchanges.


To conclude our exchange review, the exchange is a leading cryptocurrency trading platform that provides an easy to use platform for customers all over the world to buy, trade and sell digital assets such as Bitcoin and Ethereum. is a solid exchange that has been designed for traders of varying skill levels, expertise and experience with trading digital assets with several charting interfaces to choose from. 

Overall, traders that are looking for a new cryptocurrency exchange with spot, EFT, options, Futures, derivatives, demo trading crypto and the ability to earn rewards on crypto should consider using However, traders that are looking for larger trading volume across altcoins will need to use an exchange with deeper liquidity such as Binance.

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Ease of use




Trading fees




Customer support



  • 150+ cryptocurrency pairs to trade
  • Trade spot, margin, Futures, EFT and options
  • Professional user interface for trading
  • Secure account with two factor authentication
  • Intuitive mobile trading app


  • Spot trading fees a little high
  • Various user interface for charting is confusing
  • Testnet is difficult to use
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Kevin Groves
Kevin is the founder of hedgewithcrypto and is passionate about blockchain technology. He has been involved with Bitcoin since 2016 and is a swing trader with over 10 years of experience. He loves trading crypto using various platforms and helping others learn about cryptocurrencies via hedgewithcrypto.