Is Gate.io exchange legit?

[Telegramrazer]

I never used it before but the UI UX looks great , I dont know about other functionalities

[nwanne]

Yeah Gate.io is a good exchange it is not a scam, it is a legit exchange, I have been using since last year and I have not had any single issue with them, So I will say it is a good exchange though no much volume compare to bianance and the rest.

[Ruby_Official]

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[lotfiuser]

i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit

[spiker777]

I am using Gate exchange for one years and not found single issue yet. I like it because the withdraw of  usdt Tron fee is zero. Trading volume is also good . I saw some users have problem with exchange but I didn't find any.
Note: gate exchange withdraw is only available to those users who have passed Kyc. Before deposit first do your Kyc or you can lose fund plust it is a centralized exchange. means users doesn't have control on their funds. so invest at your own risk.

[Bitcoin_Arena]

I am using Gate exchange for one years and not found single issue yet. I like it because the withdraw of  usdt Tron fee is zero. Trading volume is also good . I saw some users have problem with exchange but I didn't find any.
Note: gate exchange withdraw is only available to those users who have passed Kyc. Before deposit first do your Kyc or you can lose fund plust it is a centralized exchange. means users doesn't have control on their funds. so invest at your own risk.

Never mind him. It looks like he messed with not only Gate.io but with Phemex too which mean the problem is entirely due to his negligence.

The most common complaints I have seen about Gate.io are KYC related, but I think they are not a scam, exchange if you register and pass KYC before using their platform.

[lobo13hf]

i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit

Hmmm i never hard a bad experience using gate io, as far as i know this exchange site has a minimum withdrawal. If you have been depositing some amounts of luna and then you must also remember have you checked the minimum amounts to withdraw your luna. As far as i know with the decrease of the price of luna and you need to put more luna to be able to withdraw your money.

[bitterguy28]

i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit

Why of so many currency , you are dealing with LUNA? and not you are blaming  Gate.io for this matter? I am a user of Gate.io and but never that i experience any single problem so maybe it is only you that has this issue.
and considering that you are bumping a 4 year old thread?    and  of course you should show your proofs here about this problem here .

[inanilujimi]

A few days ago I created a support ticket for my problem trading in futures which resulted in my assets being liquidated, but they were very bad at responding to the problem I was having.
just imagine I choose a short position x 20 luna at a price of $ 6 but when the luna price is $ 6.1 my assets are all liquidated which should have a liquidation price above $ 6.7.
and their support is shady.

[ultrloa]

i dont think its legit i deposited luna 2 days ago then they stopped luna deposit today price of luna was 0.0005 in there exchange now down to 0.00027 i think they play with market or they do arbitrage and btw you can cashout luna if you buy from there market but you cant deposit

Why of so many currency , you are dealing with LUNA? and not you are blaming  Gate.io for this matter? I am a user of Gate.io and but never that i experience any single problem so maybe it is only you that has this issue.
and considering that you are bumping a 4 year old thread?    and  of course you should show your proofs here about this problem here .

Although I also never encounter an issue with this exchange even before but still I make sure not to trade any more larger amount since I don't know if we can trust them for long term and I'm much more careful about storing balance on that area. And for blaming Luna on incident he encounters is not totally fair because there are so many announcement made by the dev towards the unfortunate incident happen to them and they put some solution on it so maybe by the time he deposit his money on that exchange there are running maintenance happen and that totally affect his transaction at that time.

[Eternad]

A few days ago I created a support ticket for my problem trading in futures which resulted in my assets being liquidated, but they were very bad at responding to the problem I was having.
just imagine I choose a short position x 20 luna at a price of $ 6 but when the luna price is $ 6.1 my assets are all liquidated which should have a liquidation price above $ 6.7.
and their support is shady.

Do you check the market price by the time your order was liquidated because your position might be liquidated if the price spread on spot market is higher than the perpetual market price. Can you share the actual reply of gate.io representative so that we can assess whether the mistake is on there side and not from yours.

Make sure to check market price always when you are opening a position.

[Cadaver20]

This is a very old topic. But the discussion has started anew here. I have been using Gate.io exchange for a few years. To me it seemed like a legit exchange. Because its security is very high and there is no fake trading volume. It's also easy to use and I haven't had any problems using it yet.