Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Gate.io

Gate.io

3.7/5 1.0/5 · Data verified on

Gate.io is an exchange with over 4,600 assets, ranking first for altcoin selection, and very low futures maker fees (0.015%). Its Cayman base and questionable governance raise concerns, while the vast listing exposes users to a high risk of low-quality tokens.

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

Maker / Taker fee 0.2% / 0.2%
Markets Spot + Derivatives
Max leverage 100×
Supported assets 1700+
Fiat on-ramp Yes
Staking / Earn Sì, prodotti Earn e staking disponibili
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries APAC, LATAM, MENA · 100+ countries
Regulator AUSTRAC, MFSA
OAM Italy registration No
Segment B2C
MiCA / License status VASP

Strengths

  • 4.600+ asset — #1 selection altcoin; 0,015% futures maker fee.
  • No notable sovereignty advantage documented.

Weaknesses

  • Cayman; governance questionabile; risk altcoin of low qualità.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.

Verdict

B D ★ 3.7/5 ★ 1.0/5

The score stays mid-tier because the rich lineup (4,600+ assets, first for altcoin selection, 0.015% futures maker fees) clashes with weak safeguards: a Cayman base, limited regulators (AUSTRAC, MFSA), questionable governance and no availability in Italy. The vast listing is also a risk, exposing the user to many low-quality tokens.

Custodial with full KYC and a privacy score of 3: the breadth of the listing does not offset the absence of self-custody and verified identity. The vast altcoin selection may look like freedom of choice, but it remains access to tokens through a centralized intermediary, not permissionless on-chain operation.

Privacy & anonymity 30% 0.8
Fund control 20% 0.0
Censorship resistance 20% 1.5
Costs 10% 3.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

What are Gate.io's fees?

On Gate.io, spot fees are maker 0.2% / taker 0.2%. They drop with monthly volume and VIP tier.

Is Gate.io regulated in Europe?

Gate.io is not currently MiCA-authorised. It is not listed in the Italian OAM register. Licence: VASP.

Does Gate.io publish Proof of Reserves?

Proof of Reserves publication is not documented for Gate.io. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.

Can I send transfers to third-party IBANs from Gate.io?

No, Gate.io is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.

Does Gate.io support derivatives and futures?

Gate.io offers derivatives trading, with up to 100x leverage.

Sources

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Update history

✓ Terms unchanged since Jun 1, 2026

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