Key Points:

Learn how to maximize your savings with Gate.io Cashback. Get back up to 40% of trading fees with our unique referral code for Gate.io.

Introduction to Gate.io Exchange

Overview of Gate.io

Gate.io, founded in 2013 by Gate Technology Incorporated in Singapore, is a well-known cryptocurrency exchange platform specializing in altcoins. The exchange offers a versatile and secure trading environment with many digital assets, including major cryptocurrencies like Bitcoin and Ethereum and over 2,100 altcoins.

However, investors from the United States are no longer allowed to use the platform. The platform leverages blockchain solutions to protect assets and transactions. Its technologies include cross-cryptocurrency address technology, multi-signature security protection, real-time asset transfer technology, hot and cold wallet storage, etc.

Though fully laden with resources and beginner-oriented material, crypto freshmen can find Gate.io challenging to navigate. The platform’s trending charts, market updates, multiple landing pages, and different services combine to make it overwhelming.

In March 2022, the company launched the website for Gate US, touting it as providing many of the same trading features as its parent platform. While few updates have occurred since launch, Gate US keeps an active homepage and X account.

Key Features of Gate.io

• Supports over 2,100 cryptocurrencies, including numerous niche altcoins.
• Provides margin and futures trading with leverage up to 100x.
• Features customizable trading bots and options to backtest strategies.
• Includes a HODL & Earn program offering various earning products with up to 499% APR.
• Implements strong security measures such as cold storage and external audits.
• Offers competitive trading fees with a tiered structure based on trading volume and VIP level.

What Makes Gate.io a Good Choice

Being the 8th largest crypto exchange, Gate.io is suitable for both new and professional traders. The exchange offers margin and futures trading with up to 100x leverage.

One of the advanced features presented on this platform is highly customizable trading bots that can backtest on historical data to improve any automated trading strategy.

The HODL & Earn program offers flexible passive earning with returns as high as 499% APR across various cryptos.

Fee Calculation Mechanism of Gate.io

Types of Fees on Gate.io

Trading fees (maker and taker fees)

Gate.io charges a flat fee of 0.1% for both maker and taker in spot trading, below the industry average of 0.2%. For futures trading, the maker fee is 0.02%, and the taker fee is 0.05%.

Withdrawal and deposit fees

Gate.io does not impose any fees for cryptocurrency deposits. However, withdrawal fees differ based on the cryptocurrency. For example:

• Bitcoin (BTC): 0.0001 BTC per withdrawal
• Ethereum (ETH): 0.0013 ETH per withdrawal
• USDT (ERC-20): 9 USDT per withdrawal

How Fees Are Calculated

Explanation of the maker-taker model

In this case, maker orders that provide liquidity have fees different from taker orders, which remove liquidity.

If an order is executed immediately, you are a Taker and will pay a taker fee. If an order is not matched immediately, you are a Maker and pay a maker fee.

If an instantly partially matched order is placed, you are charged a Taker fee for that part. The remaining order is matched later as a Maker order, incurring a fee.

Examples:

Taker Fee

Assume that:

• You want to buy 3 BTC at $30,000
• Your 30-day trading volume is $100,000
• The exchange fee schedule provides:
• Maker fee: 0.15%
• Taker fee: 0.25%

Total order cost: 3 * $30,000 = $90,000

You place a market order, and it’s immediately filled.

Total taker fee: $90,000 * 0.25% = $225

Maker Fee

Assume:

• You want to buy 100 BTC at $20,000
• Your 30-day trading volume is $10,000,000
• The exchange fee schedule provides:
• Maker fee: 0.02%
• Taker fee: 0.10%

Total order cost: 100 * $20,000 = $2,000,000

BTC/USD is trading at $30,000, so you place a buy limit order at $20,000.

Your order “rests” on the order book. The market drops, and your order gets filled.

Total maker fee: $2,000,000 * 0.02% = $400

The maker fee is lower to encourage liquidity. However, maker orders might take some time to be filled, or they may never get filled in case the market turns thin.

Ways to Reduce Fees on Gate.io

The exchange does not charge extra fees When you instantly purchase crypto on Gate.io using fiat currencies (e.g., USD, EUR, GBP). However, your payment methods, such as bank transfers, credit/debit cards, Google Pay, or Apple Pay, may incur their fees. Be sure to consider these potential costs to understand the total expense of your transaction.

Gate.io provides competitive fees, allowing users to reduce costs by using GateToken (GT) for payments or by utilizing the VIP tier system for even better rates.

Gate.io Membership and VIP Programs

Gate.io’s VIP program offers fee reductions for high-volume traders. The more you trade or GT you hold, the lower your fees. Maker/taker fees can drop from 0.1% to as low as 0.02% for the highest VIP levels, which include 17 tiers.

Check the requirements and benefits of the VIP tiers to see if you can qualify.

• If you meet the 30-day trading volume requirement, you can get a VIP tier upgrade and keep it for 60 days without downgrading.
• If you meet the GT holdings requirement, you can get a VIP tier upgrade but will not maintain it if your GT holdings fail to meet the requirements after that.
• You can get a VIP tier upgrade as long as you meet the account assets holding requirement, but you will not keep it if the value of your account assets fails to meet the requirements later.
• The VIP system is updated at random once every 24 hours, and users can have their VIP tier upgraded if they meet the relevant requirements.

Holding Gate Tokens (GT)

Gate.io offers discounts on trading fees for users who hold their native token, Gate Token (GT). The more GT you hold, the greater the discount you receive. Check the fee structure on the Gate.io website to see the specific discounts available for different holding amounts.

Applying Gate.io Cashback Code On Trading Fees

Royal Cashback has recently introduced the Cashback Trading Code program, offering unbeatable codes for trading rebates and cashback on your trading fees at Gate.io. Using the Gate.io Cashback Code, you can receive up to 40% cashback on your total trading fees.

How to get the Gate.io Cashback Code

Here is the step-by-step guide to creating a Gate.io account and getting up to 40% Cashback on Trading Fees:

On website

Step 1: First, click this link: https://www.gate.io/ref/AlcRUFoJ?ref_type=102, and choose “Sign Up.”

Step 2: Enter your email or mobile number and set a secure password. Note that Royal Flush will NEVER ask for this password.

Step 3: Make sure to enter the referral code “AlcRUFoJ” to receive a 40% refund on the total transaction amount.

Step 4: After completing all the steps, submit the FORM and contact the Telegram Team for verification to start enjoying our cashback of up to 40% on trading fees. This is a crucial step—don’t skip it!

On phone

Step 1: First, download and install the Gate.io app from the App Store or Google Play. Open the app, tap the user icon, and select [Sign Up].

Step 2: Fill in all the required registration details, including your email and password or your phone number and password. Note that Royal Flush will NEVER ask for this password.

Step 3: Be sure to enter the referral code “AlcRUFoJ” to receive up to 40% cashback on trading fees.

Step 4: A verification code will be sent to your email or phone number. Verify this code to complete the registration process.

Step 5: After completing all the steps, submit the FORM and contact the Telegram Team for verification to start enjoying our cashback of up to 40% on trading fees. This is a crucial step—don’t skip it!

Conclusion – Save 40% Gate.io Cashback on Trading Fees with Royal Cashback

In conclusion, Gate.io is a multifunctional and secure cryptocurrency exchange platform with digital assets and advanced trading features. More than 2,100 cryptos are supported on this platform, which has both calls in margin and futures trading, customizable trading bots, and the ability to hold through a strong HODL & Earn program, all for traders from beginners to professionals.

The competitive fee structure, VIP programs, and security measures further enhance its appeal. However, the complexity of the interface challenges beginners. Besides, Gate.io truly offers an extensive trading environment with versatility for different trading needs and asset security concerns.

FAQs

Can US investors use Gate.io?

The answer is no. This platform does not allow any more investors from the United States. In March 2022, Gate US launched Gate US, which offers P2P many trading features similar to those of its parent platform.

What are the main features of Gate.io?

Key features of Gate.io include the availability of more than 2,100 cryptocurrencies for trading, trading with leverage of up to 100x in margin and futures, customizable trading bots, a HODL & Earn program with up to 499% APR, a launchpad for IEOs and ICOs, cold storage and other robust security measures like external audits, and competitively low trading fees based on trading volume and VIP level.

How are fees calculated on Gate.io?

A4: In spot trading on Gate.io, the maker and taker have a fixed charge of 0.1%. While trading futures, the maker fee is 0.02%, and for takers, it is 0.05%. There are different fees involved with withdrawing cryptocurrency; however, depositing cryptocurrency is free.

How to reduce trading fees on Gate.io?

A5: This would reduce trading fees on Gate.io by keeping GateToken or through a VIP-tiered system. The more GT you hold, the higher the trading volume; these raise your discounts. Moreover, Gate.io has a Cashback Code program that could be as high as 40% cash back on trading fees.