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FREEKONOMIST
RANK 2 OF 13

Gate

high trust · scored on blocks worth 85 of 100 points

Affiliate link: we may be paid. It does not affect the score. 18+ only.

80A
LicencesReservesSecurityLiquidityWhat people sayOpinion leadersAPI reliability
Reviews

What people say

Ratings from our readers and fresh reviews from the exchange app's users.

Freekonomist readers' ratings

—

Give the exchange 1 to 5 stars and say briefly why. One rating per account, you can change it. Not part of the score.

App Store reviews

Latest 40 reviews: ★ 2.9 on average, complaints (1–2 stars) 53%. 🇺🇸 🇳🇬 🇨🇦 🇬🇧 🇦🇺 🇦🇪 🇵🇭

★★★★★

Too difficult get started

Not worth the effort

RGK662 · 🇺🇸 2026-10-17 · App Store ↗
★★★★★

Nice app

Nice and best for p2p trade

fyzerboy · 🇳🇬 2026-10-16 · App Store ↗
★★★★★

Important Features Needed for Spot Traders

Gate is a useful platform for crypto trading, but I would love to see a few important improvements for spot traders. Please add PNL cards for spot trading, so users can easily share their trading performance, just like futures traders. Also, allow users to set Stop Loss (SL) and Take Profit (TP) when placing market orders, and provide the ability to add or adjust these levels directly from the chart after entering a trade. These features would improve risk management, trading convenience, and the overall user experience. I hope Gate team considers these suggestions in the next update. Spot traders deserve these tools too. Thank you for continuously improving the platform.

YMK_22 · 🇳🇬 2026-10-15 · App Store ↗
★★★★★

Michael Folajomi

Withdrawal issues

Michael Ballard · 🇺🇸 2026-10-12 · App Store ↗
Show all reviews (40)
★★★★★

Alert Notifications

Why was the alert notification removed on gate Alpha. This new update is not good. Had I known, I wouldn’t have updated. Those notifications helps a lot to always checking to see all the time. Bring back notifications on trenches. PLEASE WHY CANT I INPUT MY DESIRED VALUE FOR LIMIT TRADE ON TRENCHES?

abu saheeb · 🇳🇬 2026-10-11 · App Store ↗
★★★★★

Always ready to scam you.

Getting worse day by day.

Omeirii · 🇨🇦 2026-10-09 · App Store ↗
★★★★★

scam ❌

scam scam scam❌ my payment not received don’t use get.io

Tarsib Bhuiyan · 🇬🇧 2026-10-08 · App Store ↗
★★★★★

垃圾

真的恶心,第一次用这个app第一次下载做个活动说我有多账号,恶心死了做不起活动就别做钱充了说不行了sm了

kawai、 · 🇺🇸 2026-10-05 · App Store ↗
★★★★★

虚假宣传

说是用他们的卡首次订阅chatgpt会员返最多10美金现金券,活动结束后一直不发,问了很多次就是拖延。垃圾平台!

Gate就是垃圾 · 🇺🇸 2026-09-30 · App Store ↗
★★★★★

Nice extchange

Gate profisional

جميل 1 · 🇺🇸 2026-09-29 · App Store ↗
★★★★★

Mob of idiots

Rejected my government issued drivers license and gave me no communication about it. These are not serious people. Don't waste your time or they will waste it for you anyway. Update: finally accepted my ID but now there's no payment options available to me - I've mentioned this multiple times to their support reps via email and they keep dodging the issue or not responding at all.

anomaly256 · 🇦🇺 2026-09-12 · App Store ↗
★★★★★

Very in-efficient app

This app is not working properly, I am not able log in. It is giving network error even network is connected. When ever the coin price increases, I can’t login to sell it. Worst crypto app ever

Nasir Panwar · 🇦🇪 2026-08-24 · App Store ↗
★★★★★

Indicators not syncing

Its good, the only problem is when you try to enter position and look at the small chart, you cant see your indicators and drawings on the chart. Hope devs fix this

nekulasu · 🇵🇭 2026-08-11 · App Store ↗
★★★★★

Vouchers

Thanks so much cause I made few coin with vouchers.

Kenezyco · 🇳🇬 2026-08-04 · App Store ↗
★★★★★

666

好卡,14por都不好用了吗?

你的绝对是高手 · 🇺🇸 2026-07-31 · App Store ↗
★★★★★

The best CEX so far

Best cex so far. Just the trading fees are a bit high

faridsvoice · 🇺🇸 2026-07-17 · App Store ↗
★★★★★

The best crypto app ever

This app is best in p2p , crypto trading , security and good customer I have been trading with them for 2 years now no issues they’re the best I highly recommend this app

Zubby Michael · 🇳🇬 2026-07-14 · App Store ↗
★★★★★

Best crypto app I’ve used

This is by far the most interesting mobile app I’ve used for receiving and trading my crypto.

Oluwatobilobajuayelo · 🇳🇬 2026-07-14 · App Store ↗
★★★★★

Trash app bro

Spent a while two days uploading and uploading images for verification and still get to no avail if you don’t know how to operate a system the you shouldn’t bother even starting up if you won’t be able to keep up cause why is it an Ai verifying the details and telling me an image downloaded from the government site is blurry 😪trash

Lilbyte.og · 🇳🇬 2026-07-08 · App Store ↗
★★★★★

Has the worst customer service

Deposited a token to a wrong network, can you believe these people couldn’t recover it for a year now and I’m told to bring $200 to recover a token that was around that same amount in total… use them at your own peril

Knightnerd · 🇳🇬 2026-07-04 · App Store ↗
★★★★★

对国人友好

gate各种功能生态做的很不错 也用很多年了 哪里都好 就是听说公司很卷老板比较扣 希望营造一个和谐的环境 更上一层楼

cyndi赚大钱 · 🇺🇸 2026-06-13 · App Store ↗
★★★★★

More option for choosing network

Apps is good very user friendly and easy to navigate. Almost everything this app have it. But one thing I’ve noticed and hopefully in the future updates you consider it, some tokens don’t have lots of option to choose a network like when depositing/withdrawing crypto. Some only have one network but some almost every chain or network are availble. Add some chain to other tokens listed on your apps so its super easy to use the overall feature of your apps.

korekongmeow · 🇵🇭 2026-06-13 · App Store ↗
★★★★★

功能最强的一个中心化交易所

这么好的居然不是使用人数最多的,奇怪了

sclihao · 🇺🇸 2026-06-12 · App Store ↗
★★★★★

现货合约合并后界面跟屎一样,交易都加载不出来,更没法看自己的当前委托,撤单都没法扯

现货合约合并后界面跟屎一样,交易都加载不出来,更没法看自己的当前委托,撤单都没法扯

dionysus125 · 🇺🇸 2026-06-08 · App Store ↗
★★★★★

别下 合约加不起保证金

合约保证金乱下系统 系统错乱

janly_zhang · 🇺🇸 2026-06-01 · App Store ↗
★★★★★

отвратительнейшая биржа

не дает нормально выводить криптавалюту, на каждом шагу требуется верификация лица. ( это только один из минусов, их сотни)

товдпв · 🇺🇸 2026-05-29 · App Store ↗
★★★★★

吃相真够难看的交易所

链上数据和交易所差了20个点,真够恶心的。链上拉了二十几个点,交易所一动不动。还不开提币通道。

qingshaolong · 🇺🇸 2026-05-19 · App Store ↗
★★★★★

苹果手机发热太严重了

已经是最新版本,还是发热,能煎鸡蛋

爆米花9099 · 🇺🇸 2026-05-19 · App Store ↗
★★★★★

UI of gate is best

The interaction with Gate is my favorite part

Acaibird · 🇺🇸 2026-05-18 · App Store ↗
★★★★★

芝麻开门

种类全 覆盖的广 加密 美股都有

80231009 · 🇺🇸 2026-05-18 · App Store ↗
★★★★★

Cool

Gate.io, is the best user interface friendly..easy to used n incentivize n free airdrop n bot to trade really good trusted wed3 wallet airdrop ..5star

Caseyexplo · 🇬🇧 2026-05-18 · App Store ↗
★★★★★

Great exchange

Good exchange been using for the past year no problems whatsoever

jack82636 · 🇺🇸 2026-05-06 · App Store ↗
★★★★★

opinion

Amazing helpful app

Ahmedfat · 🇺🇸 2026-05-06 · App Store ↗
★★★★★

The Best

The platform is easy to use, making trading smooth and straightforward. I appreciate the intuitive interface, which simplifies the process for beginners and experienced traders alike. Overall, it's user-friendly and efficient— highly recommended for anyone looking to trade crypto seamlessly!"

acvmoaq · 🇦🇪 2026-05-06 · App Store ↗
★★★★★

Самая ужасная биржа

Сменился номер телефона и больше нет к нему доступа? Можете попрощаться с депозитом! Отправляют на верификацию, которая не работает. За полгода устал верифицироваться и забросил это. По сути украли деньги. Не подавитесь.

Возмущенец народный · 🇺🇸 2026-05-05 · App Store ↗
★★★★★

Users Should Be Very Careful Before Choosing This Platform

The system frequently reports errors, and the app remains unusable even after successful verification. Customer support only provides generic responses, and emails receive no reply. The overall experience is extremely poor, and I advise users to think carefully before choosing this platform.

Paul berin · 🇺🇸 2026-05-03 · App Store ↗
★★★★★

Scam...Do Not download!

Beware of Scam to get your information

ssealy30 · 🇺🇸 2026-04-15 · App Store ↗
★★★★★

Web3 withdrawal issue

I have be trying to withdraw my funds from web3 it’s not working, it always require for transactions fees while withdrawing USDT even if I have the fees on the wallet, and also be trying to withdraw ETH, BNB and SOL network but when I insert the amount I want to with the withdrawal button option won’t pups up🤬😡

Skylian12 · 🇳🇬 2026-04-13 · App Store ↗
★★★★★

Non credited coin

This seems like a scam app to me unlike others exchanges, I was introduced to Gate.io by a friend then I have to transferred my coin from my previous platform to their platform and I was not credited and the transaction has been confirmed so I message gate.io support with all necessary proof and they kept muted without replying to my message and till now my money is no where to be found and they failed to attend to my message as a result the coin I sent was lost completely.

QEngine · 🇺🇸 2026-04-12 · App Store ↗
★★★★★

坑人的APP

恶意滑点,预测市场明明是对的还是判定你输

芝麻交易所坑人 · 🇺🇸 2026-04-12 · App Store ↗

Fresh App Store reviews as they are: we neither edit nor pick them. They are not part of the score; the App Store average is.

Licences

15.5 / 25

Where the exchange is legal: licences and registrations from regulators' registers, minus bans and fines.

Confirmed in regulators' registers

  • 🇲🇹 MaltalicenceMalta Financial Services Authority (MFSA) · Gate Technology Limited (LEI 984500D6A0F945BB5A15) · № GTEC-25238source ↗
  • 🇨🇾 CypruslicenceCyprus Securities and Exchange Commission (CySEC) · Gate Securities (Cyprus) Ltd (ex Sheer Markets (Cyprus) Ltd) · № 395/20source ↗
  • 🇦🇪 United Arab EmirateslicenceVirtual Assets Regulatory Authority (VARA) · Gate Technology FZE · № VL/25/04/007source ↗
  • 🇯🇵 JapanregistrationFinancial Services Agency (Kanto Local Finance Bureau) · Gate Japan株式会社 (Gate Japan K.K.) · № 関東財務局長 第00018号source ↗
  • 🇬🇮 GibraltarlicenceGibraltar Financial Services Commission (GFSC) · Hippo Capital Co Limitedsource ↗

Claimed, not confirmed in a register

  • 🇲🇹 MaltalicenceMalta Financial Services Authority (MFSA) · Gate Technology Limited · № GTEC-25926source ↗
  • 🇦🇪 United Arab EmirateslicenceDubai Multi Commodities Centre · Gate MENA DMCCsource ↗
  • 🇦🇺 AustraliaregistrationAUSTRAC · Gate Information Pty Ltdsource ↗
  • 🇧🇸 BahamasregistrationSecurities Commission of The Bahamas (SCB) · Gate Global Limitedsource ↗
  • 🇭🇰 Hong Kong SAR ChinalicenceCompanies Registry (TCSP) · Hippo Financial Services Limited · № TC008572source ↗
  • 🇺🇸 United StateslicenceState regulators · Gate USsource ↗

Regulator actions

  • 🇮🇳 Indiaban · 2023-12Dec 2023: FIU-IND show-cause notice to Gate Technology Inc; asked MeitY to block Gate.io URLssource ↗
  • 🇨🇱 Chilewarning · 2026-05May 2026: CMF warning that Gate.io/Gate.com and 11 Gate entities are not registered or authorised in Chilesource ↗
  • 🇪🇸 Spainwarning · 2022-02Feb 2022: CNMV warning against Gate.io as unauthorised entitysource ↗

Does not serve, by its own terms

🇺🇸 United States🇨🇳 China🇸🇬 Singapore🇨🇦 Canada🇫🇷 France🇩🇪 Germany🇭🇰 Hong Kong SAR China🇲🇾 Malaysia🇲🇹 Malta🇨🇺 Cuba🇮🇷 Iran🇰🇵 North Korea🇸🇩 Sudan🇺🇦 Ukraine🇪🇸 Spain🇳🇱 Netherlands🇬🇧 United Kingdom🇲🇲 Myanmar (Burma)🇻🇪 Venezuela🇺🇿 Uzbekistan🇦🇹 Austria🇮🇳 India🇮🇩 Indonesia🇯🇵 Japan🇦🇷 Argentina🇰🇭 Cambodia🇦🇪 United Arab Emirates🇹🇭 Thailand🇰🇷 South Korea🇵🇭 Philippines🇵🇰 Pakistan🇻🇳 Vietnam🇷🇺 Russia

exchange terms ↗

Reserves

20 / 20

Proof of reserves: is there one, who checked it, how fresh it is and whether coins cover every client balance.

Methodzk proofauditor: Hacken (audit of PoR implementation, Jan 2024)
Snapshot2026-10-184 days ago
BTC121.6%coverage
ETH123.78%coverage
USDT111.68%coverage
USDCnull%coverage

proof of reserves page ↗

Security

13 / 15

Past hacks and whether clients were made whole, the insurance fund.

Hacks

  • 2018-04-21$230.0M · denied by the exchange, not scoredAccording to ZachXBT, North Korean hackers stole about $230M from Gate.io in April 2018 and the exchange never disclosed it; Gate called the reports misinformation.source ↗

Insurance fund

$500.0M · Gate SAFU, per the exchange page as of 2025-08-08 source ↗

Liquidity

13 / 15

Real BTC order-book depth within ±2% and futures open interest.

BTC depth ±2%$51.1MBTC/USDT, spot
Spot volume 24 h$808.0Mreported
Open interest167,339 BTCfutures

Powered by CoinGecko

What people say

6.3 / 10

App Store ratings across countries, weighted by the number of reviews.

App Store★ 4.2730,975 ratings, 15 countries

🇹🇷 ★ 4.09 (9,002)🇺🇸 ★ 4.26 (5,235)🇻🇳 ★ 4.42 (4,211)🇷🇺 ★ 4.31 (2,230)🇧🇷 ★ 4.58 (2,103)🇺🇦 ★ 4.1 (1,736)🇳🇬 ★ 4.31 (1,359)🇩🇪 ★ 4.41 (855)

Reviews elsewhere: Trustpilot ↗ · Reddit ↗ · Google Play ↗

Opinion leaders

no data

What the opinion leaders from our Sentiment page write about it: the share of complaints among mentions over 90 days.

The opinion leaders have not mentioned this exchange yet. The block fills itself: we follow their posts every hour.

API reliability

no data

Our own check: does the exchange API answer, over 30 days.

Collecting checks: we need at least 10, now 1.

How we score
  1. Licences · 25 points. Where the exchange is legal: licences and registrations from regulators' registers, minus bans and fines.
  2. Reserves · 20 points. Proof of reserves: is there one, who checked it, how fresh it is and whether coins cover every client balance.
  3. Security · 15 points. Past hacks and whether clients were made whole, the insurance fund.
  4. Liquidity · 15 points. Real BTC order-book depth within ±2% and futures open interest.
  5. What people say · 10 points. App Store ratings across countries, weighted by the number of reviews.
  6. Opinion leaders · 10 points. What the opinion leaders from our Sentiment page write about it: the share of complaints among mentions over 90 days.
  7. API reliability · 5 points. Our own check: does the exchange API answer, over 30 days.

Licences: a full licence in the EU (MiCA), UK, US, UAE, Singapore, Japan, Hong Kong, Canada, Korea, Australia or Switzerland gives 5 points, a full licence elsewhere 3, a registration (such as FinCEN or AUSTRAC) 1.5, an application or in-principle approval 0.5. Each country counts its best entry, and only if confirmed in the regulator's register. Every regulator ban, fine or warning in the last 3 years costs 2 points, at most 8 in total.

Reserves: a published proof of reserves gives 4 points; zk proof 6, audited Merkle tree or audited filings of a listed company 4, unaudited tree 2; a snapshot under 45 days old 4, under 90 days 2; the lowest coverage among BTC, ETH, USDT and USDC at 100%+ gives 6, at 95%+ gives 3.

Security: 10 points minus 2 for each hack where clients were made whole and minus 6 where they were not; hacks older than 5 years count half. Plus 5 if the insurance fund can be checked via API or on-chain, 3 if the exchange only publishes the amount.

When a block has no data yet it is left out and the total is rescaled to 100 over the blocks we have. Our readers' ratings are shown separately and do not enter the score, so they cannot be gamed.

Sources: regulators' registers (ESMA, FinCEN, AUSTRAC, VARA, MAS and others), the exchanges' proof of reserves pages, Powered by CoinGecko (depth and open interest), Apple App Store, the exchanges' public APIs, mempool.space, opinion leaders' posts on X. Licences checked 2026-10-21, data updated .

Partnerships do not affect the scores. We have affiliate links with some of these exchanges and may be paid if you sign up. A script computes the scores from public data with the same rules for all; the method and sources are below. Not investment advice. Trading crypto, especially with leverage, is high risk. 18+ only.