[Gate.io: for beginners] Gate.io VS Binance, which one is better?

About Gateio

Gate.io will be one of the world’s most famous exchanges with a large number of users. It has users all over the world and over 10 million traders are active every day. On the other hand, Binance will also become one of the most famous cryptocurrency exchanges in the world. So which exchange is better?

What is Gate.io?

Gate.io is a cryptocurrency exchange founded in 2013. Gate.io has recently obtained a financial license. In 2022, we obtained a financial license in the United States, and in 2023, we also have an office in Hong Kong and obtained a Hong Kong financial license.

Company NameGate Technology.inc
HeadquarterCayman Islands
Founding year2013
Number of UsersOver 10 million
Number of Cryptocurrencies1730
Loss Cut100%
Max Levarage100
Min Deposit0.0001BTC~
Trading FeeFree
Securitytwo-factor authentication
cold wallet
multi signal

What is Binance?

Binance will become the world’s most famous and popular cryptocurrency exchange in the 2020s. There are users all over the world and there is also a unique token, Binance Coin. The withdrawal fee is 0.0005 BTC for Bitcoin, which is lower than other virtual currency exchanges.


Gate.io reputation and reviews

The following article introduces reviews of Gate.io. The following article is a quote from TradersUnion, a site that reviews FX companies and virtual currency exchanges. Gate.io is highly rated by users, and it is a major feature that there are not many users who are dissatisfied. The ease of use of the trading platform and the comfort of trading are the reasons for its high evaluation.

Distribution of registered users

Gate.io’s main users are Americans. However, users are distributed all over the world, and we know that there are many core users in Venezuela, Japan, Turkey, and even South Korea and India. There are also many users in the Middle East and Africa.

Source : TradersUnion

On the other hand, Binance also has many users all over the world, and the largest user is Indian. Besides that, there are many core users in Japan, Turkey, the United States, Canada, and other parts of the world, and it can be said that it is the number one exchange in the world in terms of the number of users.

Source : TradersUnion

Gate.io VS Binance

HeadquarterCayman IslandHong Kong
Max Leverage100125
Finance License
Min Deposit0.0001 BTC$1
Account currencyCryptoEUR, USD
Account TypeClassic
Original TokenGTBNB
Mobile App Trading
Web Trading
Affiliate program
Deposit MethodBank Transfer
Credit/Debit Card
Bank Transfer
Credit/Debit Card
Electronic Wallets
Withdrawal MethodCryptoCrypto
Maker Fee0.00~0.015%0%~0.02%
Taker Fee0.02~0.05%0.03~0.06%
SupportLive Chat
Live Chat
NTF Marketprice
P2P Trading
Spot Trading
Future Trading
Copy Trading

Over 10 million users

Gate.io has over 10 million users, making it a well-known and popular cryptocurrency exchange. This is also the case with Binance, which has over 10 million users around the world and is known for its large trading volume.

have a demo account

Gate.io has a demo account, so you can start with practice first. Especially if you are a beginner, it may be scary to start trading from the real thing, so we recommend using a demo account. Binance also has a demo account as well.

Leverage up to 100x or more

Gate.io has a maximum leverage of 100x or more, making it possible to trade with considerable high leverage. For virtual currency, the leverage of 100 times will be quite high. Similarly, Binance has a leverage of 125 times and can be traded with a considerably high leverage.

so many coins

Gate.io’s greatest strength is that it handles the largest number of coins in the world. The number of coins exceeds 1700, which is overwhelming among exchanges around the world. By investing in unknown coins, it is also possible to aim for a large profit.

different trading styles

Gate.io’s strength is not only spot trading, but also futures trading, grid trading, copy trading, and even NFT marketplace, so there are quite a lot of investment products. Gate.io is the only exchange that is as complete as this. Binance also hosts an NFT Marketplace.

Open an account for free

Gate.io allows you to open an account for free. If you just open an account, you can open it immediately if you have an email address or phone number, so if you are interested, we recommend opening an account. I will introduce it in the article below, so I hope you can refer to it.