Gate.io feesHow high are gate.io fees?
Gate.io fees depend on what we are talking about - gate.io deposit fees when it comes to crypto instant buy options can be quite high. At the same time crypto deposits are free from gate.io's side. Gate.io trading fees depend on your VIP level and gate.io withdrawal fees depend on the crypto you want to withdraw.
In this quick guide we'll be looking at all different gate.io fees you might come across. We'll be taking about gate.io deposit fees, withdrawals fees, trading fees and everything else you might want to know when it comes to Gate.io costs.
Gate.io deposit fees
Gate.io crypto deposit fees are generally zero. You pay the deposit fees at the wallet or exchange you're making the deposit from.
Gate.io transfer fees, when you use the instant crypto buy option using credit card or bank account can be as high as 1-5%, sometimes even up to 13%.
Gate.io withdrawal fees
Gate.io withdrawal fee size depends on the crypto you want to withdraw.
While some crypto withdrawal fees in gate.io can be very low, some of them can be rather high.
See the comparison of crypto withdrawal fees here.
Gate.io trading fees
Gate.io trading fee is quite low and comparable with most other low fee exchanges.
Gate.io base trading fee is 0.2%. But the trading fee goes down to 0.15% when you pay the fees with Gate.io cryptocurrency GT.
The trading fee goes down also for traders with high trading volume.
Additionally, you can also buy Gate.io points to reduce your trading fee further. Depending on how many points you buy, your trading fee can be slashed by another 30-70%.
How do gate.io fees compare with other exchanges?
Gate.io fees depend on the exact fees we are talking about. Some of them are lower than in other exchanges, some of them are higher.
Here's the comparison of Gate.io deposit and withdrawal fees compared to other exchanges:
|Details||Card||Fiat Deposit||Fiat Withdrawal||Instant Buy|
|Binance||Binance offers many options for payments depending on your location, includong bank transfer, credit and debit cards and Apple Pay.||1.8%||1.8%||1% (VISA)||0.50%|
|Bittrex||-||3%||Free or up to $25||Free or up to $25||3%|
|ByBit||Spot trading base fee is just 0.1%.||1-15%||-||-||1-15%|
|Coinbase||Coinbase fees can be quite overwhelming to understand. And what we found about crypto withdrawals and minimums, we can only tell you that the fee is 1% plus network fee. No information about the minimums.||2.49% - 3.99%||€0.15||Free or up to $25||Up to 3.99%|
|Gemini||Gemini fees structure is complicated. But withdrawal and deposit fees are either free (ACH transfers) or cost 3.49% plus trading fees (card) or based on your bank.||3.49%+||Free or up to 3.49%+||Free or up to 3.49%+||Free or up to 3.49%+|
|Huobi Global||Base trading fee is 0.2%||-||1-3%||1%||1%|
|Kraken||-||3.75% + $/€0.25||Free or up to $/€ 10||Free or up to $/€ 35||0.9% - 1.5%|
|Kucoin||-||3% - 12%||Free to 3%||n/a yet||3% - 12%|
|Lbank||Lbank fees are low. Trading fees are 0.1%/0.1% and crypto withdrawal are fees very reasonable.||-||-||-||-|
|MEXC Global||Direct Buy Fees can be anywhere from 1%-15%, base trading fee is 0.2%||1-15%||-||-||1-15%|
|Phemex||Phemex charges 0.1% fees for trading. The same fee is for maker and taker. Crypto deposit and withdrawal fees vary.||Varies||-||-||Varies|
Here's the comparison of gate.io trading fees compared to other exchanges:
|Binance||0.1%||0.1%||If you pay with fees with BNB, you automatically get a 20% fee discount.|
|ByBit||0.1%||0.1%||Discounts based on trading volume.|
|Gate.io||0.2%||0.2%||If you pay the fees with KCS, you pay 30%-70% less trading fees.|
|Hotbit||-0.05%||0.2%||Maker-> -0.05% to -0.50% (when using HTB token to pay fees), Taker-> 0.20% to 0.65%|
|Huobi Global||0.2%||0.2%||Fee discounts if you hold Huobi token HT.|
|Kucoin||0.1%||0.1%||Pay for fees with KCS to lower your fees.|
|MEXC Global||0.2%||0.2%||Pay for fees with MX token, and you can get 20 % off trading fees.|
|Phemex||0.1%||0.1%||Depending on your trading volume fees can go down to -0.0020%/0.0300%. Fees for contracts trading ar|
And here's the comparison of gate.io crypto withrawal fees compared to other exchanges:
Gate.io is a crypto exchange with low fees, but not the lowest. Gate.io trading fees are higher than Binance trading fees, but way lower than say Bittrex fees.
Gate instant buy fees can sometimes be too high. Mostly they depend a lot on the third-party payment provider you are using, and also the crypto you're buying and when.
Gate.io withdrawal fees for some currencies are very high, but for others they are the same or even lower as in other exchanges.
So before withdrawing cryptos from gate.io, make sure to pay attention to the fees.