Gate.io and Coinbase are two of the reputed crypto exchanges out there. Both exchanges are known for offering tons of features and an easy experience for trading crypto.
But the question is, Gate.io vs Coinbase – which one should you choose?
As both these exchanges are quite different from each other. To answer this question, I have compared both of the exchanges below in many key areas.
So you can get a clear idea about which exchange would be the perfect choice per your trading needs and style.
Gate.io vs Coinbase: At A Glance Comparison
Gate.io is one of the oldest crypto derivatives exchanges out there. The exchange was established back in 2011, and it has been ranked among the top 10 crypto exchanges.
With Gate.io, you can trade a wide range of cryptocurrencies. Also, it allows you to trade in different markets like the spot, margin, leveraged tokens, and derivatives.
The exchange also offers you other features that help you to build your crypto portfolio or helps indulge more with the crypto industry.
For instance, it offers you access to new blockchain tokens, airdrops and IEO, strategy trading, block trading etc.
Coinbase is also one of the oldest yet most popular cryptocurrency exchanges out there. The exchange was established in 2012, and it operates in 100+ countries.
With Coinbase, you can easily buy and sell a wide range of crypto tokens at competitive prices. Also, it is known for offering an easy solution for building your crypto portfolio.
Apart from crypto trading, Coinbase also offers you easy access to Web3 and comes with a secure crypto wallet.
Gate.io vs Coinbase: Trading Markets, Products & Leverage Offered
Gate.io and Coinbase are completely different from each other.
On one side, Gate.io is a full-fledged crypto exchange offering you access to all the features you need. On the other side, Coinbase is a suitable option for crypto investments.
Gate.io
- Spot market trading
- Margin trading with up to 10x leverage
- ETF leveraged tokens
- Perpetual futures with up to 100x leverage
- Weekly or Quarterly futures contracts with expiration dates
- European Style Crypto Vanilla options
- P2P Trading
- Copy Trading
Coinbase
- Spot Trading
- Web3
Verdict: Gate.io emerges as the clear winner and a much better choice for anyone looking to trade crypto. The exchange offers you different trading markets with leverage, whereas Coinbase only allows you to trade in the spot market.
Gate.io vs Coinbase: Supported Cryptocurrencies
Gate.io
Gate.io is a much better option in terms of supported crypto tokens. First, it supports more than 1400 crypto tokens.
Plus, there is a Startup section where you can get free token airdrops and get the chance to invest in new and emerging crypto tokens.
As a result, you will get to diversify both your investment and trading portfolio. Some of the listed tokens on Gate.io are:
- GT
- BTC
- MULTI
- ID
- AGIX
- FLOKI
Coinbase
Coinbase, on the other hand, supports more than 200 crypto tokens. It has a good mix of both popular and new crypto tokens. These tokens include:
- BTC
- ETH
- USDT
- USDC
- XRP
- ADA
Verdict: Gate.io supports 1400+ crypto tokens which makes it the winner. On the other side, Coinbase only supports 200+ cryptocurrencies.
Gate.io vs Coinbase: Trading Fee & Deposit/Withdrawal Fee Compared
Trading fees are one of the crucial factors when choosing a crypto exchange. As a trader or investor, it is a good idea to go with an exchange with the lowest trading fees.
Gate.io Spot Trading Fees
Gate.io has zero maker fees for certain spot trading pairs. These pairs include:
- USDT (BTC/USDT)
- USD (All trading pairs)
- BTC (All trading pairs)
- ETH (All trading pairs)
Apart from these pairs, it follows a tiered fee structure with a maker and taker fee model. Additionally, it also offers you an extra discount. So the regular and discounted spot trading fee stands at:
Maker Fees | Taker Fees | |
GT Debit | 0.15% | 0.15% |
VIP rate | 0.2% | 0.2% |
Gate.io Futures Trading Fees
For BTC-M perpetual futures contracts, there are absolutely no fees.
But for other trading pairs, you are required to pay a trading fee. But there is no additional discounts on the futures trading. So the regular trading fee stands at:
- Maker Fees: 0.015%
- Taker Fees: 0.050%
Gate.io Deposits & Withdrawal Fees
If you are depositing crypto on Gate.io, there are zero fees.
But for crypto withdrawals, you need to pay withdrawal fees. The fee varies from one cryptocurrency to another and depends on other factors.
Alternatively, you can deposit using payment options like credit/debit card purchases or payment gateways like Simplex or Banxa. However, this transaction will attract a fee.
Thirdly, you can deposit or withdraw funds using P2P trading free of cost.
Coinbase Trading Fees
Coinbase also follows a tiered fee structure. The tier is based on your 30 days trading volume. So by trading more, you can reduce your trading fee. However, the regular trading fee stands at:
- Taker Fee: 0.60%
- Maker Fee: 0.40%
Coinbase Deposits & Withdrawal Fees
When it comes to depositing and withdrawing funds, you see a combination of both free and chargeable options. These include:
Deposit Fee | Withdrawal Fee | |
ACH | Free | Free |
Wire (USD) | $10 USD | $25 USD |
SEPA (EUR) | €0.15 EUR | €0.15 EUR |
Swift (GBP) | Free | £1 GBP |
Verdict: Without any doubt, Gate.io once again turns out to be the winner. The exchange not only offers you zero trading fees for certain trading pairs. But also offers you good discount for both spot and derivatives orders.
Gate.io vs Coinbase: Order Types
Gate.io
- Limit
- Market
- Conditional
- Stop-Limit
- Loop Order
- Trailing Reversal Order
Coinbase
- Limit
- Market
Verdict: Gate.io is a better choice. The exchange supports more order types compared to Coinbase, which will allow you to place advanced order types.
Gate.io vs Coinbase: KYC Requirements & KYC Limits
Gate.io
Gate.io can be used without verifying your account.
Without completing KYC, you will get unrestricted access to features like funds deposit and trading. But to withdraw funds, you need to complete the basic verification. Also, KYC comes with different KYC levels.
Gate.io KYC Limits
Gate.io has three levels of KYC. These are:
- KYC-1(Basic verification): A daily withdrawal limit of up to 100,000 USDT
- KYC-2(Advanced verification): A daily withdrawal limit of up to 2,000,000 USDT
- KYC-3(Address verification): A daily withdrawal limit of up to 8,000,000 USDT
Coinbase
Coinbase is a well-regulated cryptocurrency exchange.
Hence, before you can start investing or trading with Coinbase, you are required to verify your account using a government ID.
Also, once your account is verified, there is no different KYC levels or limit on how much funds you can deposit or withdraw.
Verdict: As Gate.io can be used without completing KYC, it is the winner for this segment. Also, Gate.io is an ideal choice for anyone looking for an anonymous crypto exchange.
Gate.io vs Coinbase: Deposits & Withdrawal Options
Gate.io
- Method 1: You can deposit funds via credit or debit cards, bank transfers, or using payment channels like Simplex or Banxa.
- Method 2: You can deposit/withdraw funds using Gate.io’s P2P Trading.
- Method 3: Deposit or withdraw cryptocurrencies using another wallet or exchange.
Coinbase
- Method 1: Deposit funds using bank transfer, ACH, Swift, SEPA, or Wire.
- Method 2: Deposit or withdraw cryptocurrencies using another exchange or crypto wallet.
Verdict: Depositing/withdrawing funds on Gate.io is more convenient than Coinbase. Hence it is the winner for this segment.
Gate.io vs Coinbase: Trading & Platform Experience Comparison
Gate.io
With Gate.io, you will get an efficient trading experience. As it offers you an advanced trading platform that makes it super easy to buy/sell crypto tokens or trade effectively. It offers you access to features like:
- Advanced technical chart powered by TradingView
- Trade History and order history
- Open orders
- Order book
- Spot trading pairs menu
- Multiple order types
Coinbase
As Coinbase is a spot trading platform. As a result, it doesn’t offer as many features as Gate.io does. But you can be assured that it has all the features that you need to execute your buy/sell orders effectively. With Coinbase, you will get features like:
- Basic technical chart of the trading pair
- Multiple time frames
- Availability of multiple currencies
- Easy-to-use order book
- Easy-to-use mobile app
- Coinbase wallet compatible with Web3
Verdict: As Gate.io’s trading platform is pretty advanced and filled with different features, it is the ultimate winner for this segment.
Gate.io vs Coinbase: Customer Support
Gate.io
Gate.io offers you customer support in multiple ways.
The easy way to reach out to them is by raising a support ticket, and they will respond to you as soon as possible.
Along with that, you can also contact their support via their live chat option. Also, the exchange offers you support in multiple channels.
Coinbase
You can reach out to Coinbase support via their live chat support known as Coinbase Assistant.
Their support is available 24/7 and has a really quick response time. Along with that, you can also contact them via their support email. Or you can reach out to them on Twitter.
Verdict: As there are no huge differences between both exchanges in terms of customer support, it is a tie between Gate.io and Coinbase.
Gate.io vs Coinbase: Security Features
Gate.io
- Gate.io’s self-developed trading system
- Encrypted transport layer
- WAF protection system
- IP address monitoring
- Withdrawal Whitelist
- Two Factor Authentication (2FA)
Coinbase
- Two Factor Authentication (2FA)
- Password management
- Enhanced account protection
- Coinbase Vault
- Proactive security notifications
Verdict: Gate.io has more security features compared to Coinbase. That is why it is the winner for this segment.
Is Gate.io Safe & Legal To Use?
Gate.io is one of the well-established platforms for trading cryptocurrencies.
The exchange is known for offering high-end security features to its users. Along with that, it also uses cold storage to keep users’ funds protected.
Plus, the exchange gets regularly audited by reputed agencies. Also, the exchange doesn’t have any history of security breaches.
Is Coinbase Safe & Legal To Use?
Coinbase is one of the trusted and well-regulated platforms for buying, selling, or securely storing cryptocurrencies.
The exchange holds an operational license in every US state and many other regions around the globe.
Along with that, the exchange also performs regular audits to ensure ultimate security.
Furthermore, it implemented strong security measures to protect its users, such as AES-256 encryption, 2FA, and cold asset storage.
Gate.io vs Coinbase Conclusion: Why not use both?
Gate.io and Coinbase are two of the best crypto exchanges in their respective fields. However, at the end of this comparison, Gate.io wins the match clearly.
Gate.io not only helps you with your crypto investing needs.
But it is also the best platform for day trading cryptocurrency. Thanks to its wide market offerings, cheap trading fees, and lucrative leverage.
But Coinbase is no loser.
It is an ideal choice for users in the United States. Also, the exchange is well-regulated. So you can invest in crypto and build your portfolio safely.
Learn how does Gate.io & Coinbase stack up against the competition:
- Gate.io vs Binance
- Gate.io vs KuCoin
- Gate.io vs BitMart
- Coinbase vs Phemex
- Coinbase vs StormGain
- Coinbase vs Kraken
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