The first thing most people do after they get a basic understanding of
cryptocurrencies, is buy them. Which exchange is safer? What is
cryptocurrency trading, fiat currency trading and leveraged trading? In
this guide we will assist to answer these questions and help you get
started with cryptocurrency investing.
Fiat currency, short for "legal tender", refers to the currency that is
created by a reserve bank of a specific country as their official
currency . For newcomers in the cryptocurrency world, the best option
would be converting fiat currency to USDT stable token. It is pegged to
USD and is not prone to the volatility of most other cryptocurrencies.
At present, BTC, ETH, and USDT are some of the mainstream tokens
circulating in the cryptocurrency market. Currency trading is to use
these currencies to exchange for other digital currencies, such as USDT
or Bitcoin for Dogecoin, etc.
What Is the Difference with Fiat Currency Trading
Token trading is more flexible and can be easily exchanged for several
digital assets on the exchange, making it the most efficient channel
for newbies to trade. Users can get a return on their investment by
buying low - holding (waiting for the price of the token to rise) and
selling high. Learn more
Choosing an Exchange to Start Investing
A cryptocurrency exchange is an online platform that facilitates
cryptocurrency trading. Before investing, there are a few
considerations to take into account: :
1.Exchange Scale and Background:
This is one of the most important criteria to consider. Gate.io is a
time-honored exchange that has been operating steadily and growing
explosively. We are ranked top 7 with real trading volume, top 2 in return on investment, and number 1 in security score.
The team has many years of blockchain experience and we have been
operating for 8 years serving over 4 million global users from 224
countries and regions.
2.Trading Volume and Market Depth : Only when the trading volume is large enough and the market depth is
good can you trade efficiently. The faster the trade, the less
uncertainty there will be. Gate.io has a daily average trading volume of
$1.2 billion in spot and contract trading. Gate.io is a tier 1 global
trading platform for many mainstream tokens, such as the widely-accepted DOGE, SHIB, ETH,XRP, BCH, etc.
3. Trading Categories Gate.io has become a major trading platform for many popular tokens
(Dogecoin, Uniswap, etc.). We have over 4 million users in more than 224
countries with over 1,000 trading pairs and investment services through
our website and App platforms. Gate.io also has a cryptocurrency
marketplace with over 500+ tokens. Therefore, we can help users save
time and cross-platform trading fees.
4. Trading Platform and Rewards Policy Our platform regularly holds reward activities,
such as Prediction , Posts, and Live. As of May this year, Gate.io held
29 benefit discounts on mainstream tokens, 131 voted token listing
airdrops, 78 startup subs-cription events, and 252 benefit activities for
users who hold mainstream tokens. Both new and frequent users are able
to enjoy a range of benefits and discounts from our platform.
that we have covered some of the criteria you should consider before
choosing an exchange, here are some Gate.io functions and services.
Gate.io offers a platform that is newbie-friendly and easy-to-use to trade digital currencies. Our exchange is primarily focused on providing stable and secure contract exchanges.
Gate.io also Offers the Following Trading Functions.
Gate.io updates service offerings quickly and we frequently add more
products and services to our platform.. The highest ROI of our
“Startup” project, which launched in September 2020, reached 101 times,
with a current return of 1,486.38%, ranking second in the world in terms
of ROI. Gate.io Startup currently has the largest number of live
projects among mainstream platforms, far more than most other trading
platforms. Our Startup platform, as an extension and application of
crypto technology, has contributed to rapid expansion and development in
the crypto space.
The Smart Quantitative Trading Strategy was launched in September 2020. This feature provides novice and
large investors with corresponding data to make smart trading
decisions. At present, total trading capital has exceeded $600 million,
including total investments of over $500 million in spot grid. Keep a
look out for pioneering products that Gate.io will launch in the
Gate.io Offers Functions for Social Interaction.
The chat room, posts, live and other interactive features are some of the most popular functions.
You can chat instantly with other members in the chat room and keep up
with the latest news, so that you are not alone in keeping an eye on the
market. You can also interact with verified users with a lot of
followers at any time in the live room.
Is Gate.io Safe?
Gate.io prioritizes users security and some of the security measures we have in place include “100% Collateral”,
"two-factor authentication", "cold storage wallet" and SSL-protected
websites. The platform's quick response mechanism and three-dimensional
customer service are able to ensure that customers' funds are safe from
online threats. As a responsible exchange, Gate.io is committed to
protecting the interests of its investors even in times of loss. (For
example: see Gate.io's compensation program for the PAID network hack victims)
Handling Fees The lower the trading fees are, the more profitable the trade. To
deposit funds in Gate.io exchange, there are no transaction fees.
Gate.io is also the only trading platform that uses points and allows
users to get a 10% discount. We have the lowest fees among the mainstream exchanges.. If you sign up via another users
referral link, then you will receive a 10% discount and a discount
rate of 0.049% (equivalent to VIP2), which is only 24.5% of the H**bi
rate and 61% of the B**ce rate.
Currently there are 0-16 levels
of VIP. The fee for V0 is 0.2%. The higher the level is, the lower the
fee will be. If you use GT to offset some of the fees, the rate will be
even lower. Check my handling fee
What is GT? GT is a GateChain native mainnet asset, which is deeply bound to the
development of the platform. GT is an important part of Gate.io's
ecology. It allows you to upgrade your VIP level, offset the fee,
participate in reward activities and other campaigns..
Conclusion Gate.io has a mature framework in terms of product experience, fund
security and customer service. We have invested hundreds of millions of
dollars in infrastructure security to ensure smooth trading and fund
security. Gate.io leads the mainstream platforms in terms of number of
tokens and speed of listing. Our trading fees are low and have
interfaces designed for different levels of users, so beginners can
start trading digital currencies within minutes. Whether you are a
novice, a small or a large investor, Gate.io has the features, market
spread, security and efficiency to cater for all types of users.
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