Gate.io or Coinbase – which is better for UK traders 2024? Compare Gate.io and Coinbase in this detailed breakdown of their platforms, features and fees.
Gate.io is an established crypto exchange, founded in 2013. The firm offers its native token, GateToken, alongside a vast range of crypto derivatives, NFTs, investment products and more. Gate.io is unregulated but has earned a strong reputation, with over 10 million active users.
Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.
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Pros
180+ crypto tokens available and 100+ crypto deposit methods
Lending and yield farming supported, plus an NFT marketplace
Unlike many exchanges, Gate.io offers a free demo account with virtual funds
Derivatives trading available with leveraged tokens up to x100 and spot contracts
A range of community and social features are available including a chat room, leaderboards and live streams
Wide range of educational resources aimed at various experience levels plus a Beginner's Zone with rewards
Gate.io wallet for crypto-asset storage
Powerful purpose-built crypto trading platform with backtesting capabilities
Well-regarded crypto exchange with thousands of tokens available
One of the most trusted brands in the crypto space
Gate.io supports 180+ altcoins, with an impressive 670 assets that can be traded against USD, 89 BTC markets and 520 ETH markets. Active traders are favored with the tiered fee structure, paying as little as 0.055% for maker fees.
With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges.