Gate.IO Review for Sports Betting
Cryptocurrency for Sports Betting
What is the Gate.IO?
Gate.IO is a Bitcoin and Cryptocurrency exchange that is safe, secure and used by thousands of cryptocurrency investors. Gate.IO is rather new to the cryptocurrency industry but they have already created a good reputation and are considered one of the more reliable exchanges available.
Gate.IO is a company that is operated by Gate Technology Inc. The company is based out of Virginia in the United States. The company and website utilize a two-factor authentication which makes them one of the more secure options for exchanging cryptocurrency.
Gate.IO will provide you with a website that not only allows you to exchange your cryptocurrency but it also is unique in the fact that it provides you with necessary information to track various cryptocurrencies. The website provides you with charts that track the cryptocurrency by the minute, hour or days.
For the experienced investor that likes to have various information in the same location, Gate.IO is the ideal website to utilize. It gives you various information for many different types of cryptocurrency and having the ability to see exactly what the individual cryptocurrency is doing.
Getting Started with Gate.IO
Gate.IO does not have a minimum deposit required to open an account. Setting up an account is very easy and all though the website appears to be complicated, it is actually very easy to use. When you open the account, you will fill out your normal information template of name, email, etc and set up an account.
Once your account is set up, you will need to wait to receive an email to confirm and verify your account. Once you receive the email to confirm the email, you will be able to start your research and use the website. I have set up and account about 3 months ago and it literally took me 10 minutes to fill out the information, and begin exchanging cryptocurrency. When you first get into the website, you will see a ton of numbers but it really becomes fairly simple after you realize where to go and what to do. The best thing to do is to just get on the website and spend an hour exploring the site.
Benefits of the Gate.IO
One of the biggest benefits I see at Gate.IO is their overall fees. They charge 0.2% to all trades, which is very competitive within the industry. Most all exchanges these days will charge a fee of some sort but Gate.IO has very competitive rate. The nice part about Gate.IO is the fee is minimal and won’t cost you an arm and a leg.
Gate.IO offers a wide variety of cryptocurrency to invest, trade and exchange. Those include Bitcoin, Bitcoin Cash, Ethereum and Litecoin. Within each market tab, you will find many additional cryptocurrencies that are available. Some are very young in experience and some have been around for many months. You will need to do your due diligence on which ones you will invest in.
Negatives of the Gate.IO
The main negative of using Gate.IO is the fact that they only accept blockchain transfers for deposits. This means you can not use fiat deposit options, nor can you use credit cards. Most people first starting out, will want to make an initial deposit but they are unable to do it on Gate.IO.
Another thing that some would consider a negative is the fact that withdraws are charged fees and are not all the same. For some coins, you will be charged significantly more than others so you need to be careful what the fees are prior to making the exchange. Additionally, Gate.IO puts a limit on the amount of withdrawals you can make in a single day. These really aren’t negatives to everyone but it is mostly important to just be aware of the issues prior to making an exchange and opening an account with Gate.IO.
Overall Conclusions of the Gate.IO
As I said earlier, I have been using Gate.IO for several months now and will say that I truly enjoy the website. I like the ability to be able to track how a specific individual cryptocurrency is doing and how the long term aspect has been tracking. Gate.IO allows you that ability and provides you with the necessary information to get started on tracking those crypto’s so that you aren’t exchanging for something that is a bottomless pit.
Many review pages do not recommend Gate.IO simply for the fact that there really is nothing special about the website and some people claim it is convoluted and confusing. While I will agree that when I first started using this website, it was sort of overwhelming but the time I needed to learn how to venture through the site was minimal and I was exchanging cryptocurrency in a hour or less! Overall, I like the site and recommend it to anyone interested in exchanging cryptocurrency.Sign up for Gate.IO here.