BitMex vs Gate.io
By Top 10 team Published June 18, 2022
BitMex vs Gate.io:
The top 10 Crypto team is dedicated to ranking and comparing top exchanges in the market. To review references used in this review, please revert to the reference table at the end of this review. this review is not sponsored.
It’s impossible to tell if BitMEX or Gate.io is the better option for you based just on ratings and the number of features each service offers.
That’s all well and good, but it doesn’t tell you how well either choice will work for you.
To assist readers in selecting a platform, we compared Bitmex vs Gate.io by examining supported currencies, security measures, overall fees, and features.
- Fees: 0.10% to 0.00% maker fees, 0.10% to 0.03% taker fees.
- Currencies: 18+
- Security: PGP encryption
- Wallet: N/A
- Transactions Supported: Deposits, Withdrawals, and Transfers, advanced P2P crypto-products trading platform and API.
- Daily Trading Amount: N/A
- Mobile App: iOS and Android
Low trading fees
Deep liquidity for Bitcoin perpetual
- Professional derivatives trading platform
Only crypto-to-crypto trading
Not available to US
- Lack of regulatory compliance
- Fees: 0.02% to 0.95% purchase and trading fees.
- Currencies: Over 1200
- Security: Two-factor authentication (2FA) with Google Authenticator, SMS 2FA, generally considered rather insecure, Login verifications, Additional fund withdrawal password, Anti-Phishing code, Blind IP logins.
- Wallet: Decentralized cryptocurrency wallet
- Transactions Supported: crypto to crypto tradings, spot and margin trading.
- Daily Trading Amount: $5M
- Mobile App: iOS and Android
- Over 1,200 tokens for sale
- Low trading fees with a discount for holding GT
- 15% discount on trading fees if you sign-up thru Top10
- Not Available in the US and Canada
Old website was overwhelming to new investors
- Was subject to a hack in 2019
Methodology
BitMex and Gate.io share 14 similar advantages, yet differences exist. First, we evaluated both platforms by looking at the advantages each platform provides, whether it is through their application or web platforms, such as tutorials and guides for beginners, advanced features for experienced traders, fees associated with trading and withdrawal, and the signup bonus you can claim today.
Verdict on BitMex vs Gate.io:
When comparing cryptocurrency exchanges, one of the most important factors to evaluate is value for money, which shows if the brand delivers adequate quality for the price. Bybit and Gate.io are the best value for money options in this case.
at Bitmex.com
at Gate.i0
