Gate.io withdrawal options
Gate.io is currently a "no fiat" exchange, at least when it comes to withdrawing money from gate.io. This means that it is not possible to withdraw fiat currencies from your gate.io account.
If you want to make a withdrawal from gate.io, you need to withdraw a cryptocurrency to some other exchange (such as Binance) or crypto wallet (such as Luno).
What is Gate.io withdrawal limit?
Since march 2021, gate.io withdrawal limits are the following:
- Initial withdrawal limit is $100,000 USDT
- KYC1 verified accounts have a 2,000,000 USDT withdrawal limit.
- KYC2 verified accounts have a 5,000,000 USDT withdrawal limit.
These are all gate.io 24-hour withdrawal limits, not per week, month or lifetime.
Should you need to increase your withdrawal limit, you can do so by submitting a ticket to their customer service and it can be done case by case.
Gate.io maximum withdrawal limits also depend on the exact currency.
What is Gate.io withdrawal limit without KYC?
Gate.io withdrawal limit without verifying your account, or going through the KYC process, is zero. Before you can withdraw money, you need to go through the gate.io identity verification process.
So if KYC is an issue for you, you do need to be aware that if you want to withdraw from gate.io without KYC, you're probably doomed.
How long do gate.io withdrawal take?
Gate.io withdrawal time is generally up to 30 minutes. So the withdrawal time might be slightly longer compared to some other exchanges, but it's pretty good.
However, if you have recently changed any security settings (such as changed your password or set up/removed 2FA), withdrawals are suspended for 24h.
This rule is in place to further protect your account.
How high is gate.io minimum withdrawal amount?
Gate.io minimum withdrawal amount depends on the cryptocurrency you want to withdraw. While for some cryptocurrencies gate.io minimum withdrawal amount is reasonably low, for some currencies the minimum withdrawal amount is rather high.
For example USDT minimum withdrawal is 50 USDT while minimum withdrawal for TRX is just 1.1 TRX.