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, MEXC 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 Name||Gate Technology.inc|
|Number of Users||Over 10 million|
|Number of Cryptocurrencies||1730|
What is MEXC?
MEXC is very similar to Gate.io. It is an exchange that handles many unnamed coins and can trade over 1500 virtual currencies. Currently, it is based in Dubai and is actively expanding globally, so many users are trading.
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
MEXC has a large number of core users in Japan, India, Turkey, and even Vietnam. The exchange was originally based in Singapore, so you can see that the users are also very concentrated in East Asia.
Source : TradersUnion
Gate.io VS MEXC
|Min Deposit||0.0001 BTC||$1|
|Mobile App Trading||〇||〇|
|Deposit Method||Bank Transfer|
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 MEXC, 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. MEXC also has a demo account.
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, MEXC has a leverage of 200 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. MEXC can trade over 1600 coins as well, so there are quite a lot of stocks.
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. MEXC 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.