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Topic: Is Gate.io exchange legit? (Read 1452 times)

jr. member
Activity: 658
Merit: 5
March 11, 2019, 04:13:56 PM
#77
Stay far away from Gate.io

https://bitcointalksearch.org/topic/m.28258802

Not a legit exchange.

I do not agree that gate.io is a scam exchange
It has strict rules such as minimum deposits and withdrawal after kyc

But have used it countless of times to trade my xlm, my bnty tokens and lots more than I can remember

The withdrawal is almost instantly too
sr. member
Activity: 798
Merit: 263
March 11, 2019, 01:45:44 PM
#76
This exchange has been around for some time and should be legit. I opened an account on it two years to buy Ripple since it was one of the very few that had it. Have not used it for much else.
full member
Activity: 756
Merit: 100
March 11, 2019, 01:40:19 PM
#75
If you search top 10-15 exchange in Cryptocurrency between thousands of exchange, you will see Gate.io exchange list and of course this exchange is legit.
hero member
Activity: 1302
Merit: 540
March 11, 2019, 01:32:15 PM
#74
Yeah Gate.io is a good exchange it is not a scam, it is a legit exchange, I have been using since last year and I have not had any single issue with them, So I will say it is a good exchange though no much volume compare to bianance and the rest.

Those newly launched exchanges at first wanted to get the trust from their value esteem customers, after which will change their policy and get stricter towards their customers. Lets beware of these exchanges to avoid what happened some few years back. Advise, deposit what you can afford to loose because depositing  huge sum of money might result in haven your KYC before yo can be able to withdraw your funds from the exchange.
If you are unsure and you just don't have any choice depositing small amount first and test the withdrawal options can make it possible not being stuck, most of the time those who are asking things like have no choice since the tokens or coins they have are only listed from this exchange or they are seeing possible arbitrage trading.

Better to review deeper if you are still in doubt with this exchange though its already been working for some years now.
sr. member
Activity: 703
Merit: 250
March 11, 2019, 01:05:38 PM
#73
Gate.io is a great exchange and if you look at coinmarketcap it is one of the most chosen exchanges among traders with a big trading volume. It may take ages with their verification process, but besides this one, there were no problems at all.
sr. member
Activity: 1582
Merit: 264
Next Generation Web3 Casino
June 02, 2022, 11:32:52 AM
#72
This is a very old topic. But the discussion has started anew here. I have been using Gate.io exchange for a few years. To me it seemed like a legit exchange. Because its security is very high and there is no fake trading volume. It's also easy to use and I haven't had any problems using it yet.
hero member
Activity: 1260
Merit: 607
Leading Crypto Sports Betting & Casino Platform
June 02, 2022, 08:10:12 AM
#71
A few days ago I created a support ticket for my problem trading in futures which resulted in my assets being liquidated, but they were very bad at responding to the problem I was having.
just imagine I choose a short position x 20 luna at a price of $ 6 but when the luna price is $ 6.1 my assets are all liquidated which should have a liquidation price above $ 6.7.
and their support is shady.

Do you check the market price by the time your order was liquidated because your position might be liquidated if the price spread on spot market is higher than the perpetual market price. Can you share the actual reply of gate.io representative so that we can assess whether the mistake is on there side and not from yours.

Make sure to check market price always when you are opening a position.
legendary
Activity: 2758
Merit: 1228
June 02, 2022, 07:55:58 AM
#70
i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit
Why of so many currency , you are dealing with LUNA? and not you are blaming  Gate.io for this matter? I am a user of Gate.io and but never that i experience any single problem so maybe it is only you that has this issue.
and considering that you are bumping a 4 year old thread?   Grin and  of course you should show your proofs here about this problem here .

Although I also never encounter an issue with this exchange even before but still I make sure not to trade any more larger amount since I don't know if we can trust them for long term and I'm much more careful about storing balance on that area. And for blaming Luna on incident he encounters is not totally fair because there are so many announcement made by the dev towards the unfortunate incident happen to them and they put some solution on it so maybe by the time he deposit his money on that exchange there are running maintenance happen and that totally affect his transaction at that time.
sr. member
Activity: 1876
Merit: 259
May 30, 2022, 05:15:34 AM
#69
A few days ago I created a support ticket for my problem trading in futures which resulted in my assets being liquidated, but they were very bad at responding to the problem I was having.
just imagine I choose a short position x 20 luna at a price of $ 6 but when the luna price is $ 6.1 my assets are all liquidated which should have a liquidation price above $ 6.7.
and their support is shady.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 30, 2022, 04:38:31 AM
#68
i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit
Why of so many currency , you are dealing with LUNA? and not you are blaming  Gate.io for this matter? I am a user of Gate.io and but never that i experience any single problem so maybe it is only you that has this issue.
and considering that you are bumping a 4 year old thread?   Grin and  of course you should show your proofs here about this problem here .
hero member
Activity: 2268
Merit: 507
May 24, 2022, 08:42:31 PM
#67
i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit
Hmmm i never hard a bad experience using gate io, as far as i know this exchange site has a minimum withdrawal. If you have been depositing some amounts of luna and then you must also remember have you checked the minimum amounts to withdraw your luna. As far as i know with the decrease of the price of luna and you need to put more luna to be able to withdraw your money.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
May 23, 2022, 05:43:17 PM
#66
I am using Gate exchange for one years and not found single issue yet. I like it because the withdraw of  usdt Tron fee is zero. Trading volume is also good . I saw some users have problem with exchange but I didn't find any.
Note: gate exchange withdraw is only available to those users who have passed Kyc. Before deposit first do your Kyc or you can lose fund plust it is a centralized exchange. means users doesn't have control on their funds. so invest at your own risk.
Never mind him. It looks like he messed with not only Gate.io but with Phemex too which mean the problem is entirely due to his negligence.

The most common complaints I have seen about Gate.io are KYC related, but I think they are not a scam, exchange if you register and pass KYC before using their platform.
sr. member
Activity: 1007
Merit: 279
Payment Gateway Allows Recurring Payments
May 20, 2022, 10:05:47 AM
#65
I am using Gate exchange for one years and not found single issue yet. I like it because the withdraw of  usdt Tron fee is zero. Trading volume is also good . I saw some users have problem with exchange but I didn't find any.
Note: gate exchange withdraw is only available to those users who have passed Kyc. Before deposit first do your Kyc or you can lose fund plust it is a centralized exchange. means users doesn't have control on their funds. so invest at your own risk.
sr. member
Activity: 1251
Merit: 295
Palestine
May 15, 2022, 02:29:21 PM
#64
i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit
copper member
Activity: 126
Merit: 0
July 10, 2018, 08:00:05 PM
#63
Hi guys. Do you have any experience with this exchange? Is it legit? Thank you.

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jr. member
Activity: 280
Merit: 2
The FASTEST and MOST SECURE Token Exchange
July 10, 2018, 06:11:31 PM
#62
Yeah Gate.io is a good exchange it is not a scam, it is a legit exchange, I have been using since last year and I have not had any single issue with them, So I will say it is a good exchange though no much volume compare to bianance and the rest.
newbie
Activity: 46
Merit: 0
July 07, 2018, 09:29:03 PM
#61
I never used it before but the UI UX looks great , I dont know about other functionalities
full member
Activity: 152
Merit: 100
July 07, 2018, 09:24:14 PM
#60
Yes. It's an international bter.com.
member
Activity: 462
Merit: 11
July 07, 2018, 09:04:19 PM
#59
Gate.io now in 20 top ranking exchange according to daily trading volume, and this exchange is legit and their user increasing, i can see this from their telegram official, when joined their telegram the total member around 2000, but now more than 10k member. Daily Trading volume of this exchange also is good and they offer many pair of crypto. Just make sure you should be make verification first before trade here, because they do not offer unverified account for withdrawal.
full member
Activity: 403
Merit: 100
July 07, 2018, 09:03:37 PM
#58
Hi guys. Do you have any experience with this exchange? Is it legit? Thank you.
I keep using a trusted exchange even though I have to spend more money, because I am a very careful person in everything. Stay in top exchange and do not go to some shady sites even at low cost or similar.
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