Gate io Referral Code

Gate.io is an American-based exchange platform that offers several current cryptocurrencies for work. Trading takes place in several exchange markets: USDT, ETH for example. When securing transactions, the platform charges an execution fee of 0.2% of the order volume. Trust funds are not supported by the Gate io exchange. The interface of the trading network is translated into other languages too. Regular models of cryptocurrency orders are available to users. Technical tests are carried out through an algorithm of graphics and indicators that allow you to check exchange rate movements and predict changes in rates.

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It must be noted that the exchange was hacked in its old days, but the same has never happened since it was renamed. Not much data is available online about the people behind the exchange, nor is user funds insured, and even the Gate io platform is not regulated anyway. Nevertheless, the Gate io platform does very well in the area of ​​security for its users and their funds. There are 2 fa, login verification, additional referral codes on withdrawal, and so on.

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No deposit fee and the transaction fee is 0.2% for both takers and makers. There are several ways to get referral codes on the transaction fees, which are explicitly explained on the page. Withdrawal fees depend on the type of crypto withdrawn. The exchanges may not be good for those inexperienced as the layer of the page can be difficult to understand at times.

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The official page has many languages. Customer support isn't bad as there are several different ways to get in touch with them. In any case, it is beneficial for users to take these warning signs very carefully before using the exchange.

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What Are Gate.io's Products?

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Initial Exchange Offering - The exchange is launching several crypto strategies through its initial platform offering, abbreviated IEO. This enables developers of promising plans to find investors worldwide. The exchange has had several successful IEOs and according to the reports we see the exchange in third place among top IEO networks, just behind Binance. The IEO with the highest return was Gate's KAI, which gave a return of 900%.

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Trades

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With the trading strategy, the exchange makes it possible to follow top traders and have them completely copied. This will immediately ensure that traders get the same returns as expert traders. This feature allows novice traders to make their trades dependent on advanced traders. It is also possible to trade yourself and have people follow you. This will of course depend on your own profitability. People who want to participate themselves can earn up to 5% on the profits of their followers with the referral codes.

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Borrow Crypto

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For the more conservative approach, by using the lending tool you can lend your cryptocurrency to other users at a certain interest rate. The lending of crypto usually coincides with a lock-up phase where your coins are locked up. The lowest lock-up phase is 10 days. The yields of the lending are considerably low. This is because there is little risk involved, especially when you stay in stablecoins.

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How Do I Trade On Gate.Io Exchange?

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Trading on the exchange is relatively easy. Do you already have experience with trading on currency exchanges? Then this will show itself. When you are completely new it will take a while to get the hang of it.

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Verification

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Before you can start trading you will need to verify your identity. This is necessary because the exchange has to comply with the know your customer laws. When your verification is done, which usually happens within 1 day, you will receive a confirmation and you are all set to trade on the exchange.

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Deposits

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The exchange does not accept any other deposit rules outside of cryptocurrencies. So newcomers will have to find a way to transfer cryptocurrency to the exchange with their referral code. Cryptocurrencies must be purchased through another exchange after which you can send them to your Gate wallet. This is possible, for example, on Bitvavo. Through these ways, you can easily switch from fiat to cryptocurrency. To make deposits, go to your profile and select the cryptocurrency you want to deposit. A location will then appear in your wallet that you can use to forward crypto. In the section below we see how we deposit crypto on the exchange with the referral code.

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What Are Gate's Transaction Costs?

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Gate.io charges a trading fee of 0.2% on every trade. Holders of a lower Gate io token, their own one, receive a referral code on these transaction costs. As a result, a trading fee of 0.15% will be charged to holders. Withdrawals of cryptocurrency with the Gate.io system will incur additional costs. How much these costs will be will depend on the platform using these coins. This is different for many cryptocurrencies. When you will deposit crypto to your exchange wallet, the network will not charge any additional fees.

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The fact that Gate.io has been around for 8 years obviously says something. It has been able to stay competitive with the biggest networks over the years. It does this through the technological products that make it easy to trade crypto. The exchange set its goals on offering a diverse increase of cryptocurrencies that can be traded in a reliable and secure manner. Something that works reasonably well in a long time that Gate.io exists. Still, there are some limitations to the exchange. Such as not buying or selling directly. The novice crypto user may be put off by this. But with a little patience and goodwill, this will turn into a great experience.

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Have you already had good experiences with Gate.io? Or would you like some more details? Let us know here where we are ready to help you further.

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