Our thorough fact-based analysis results have been divided into 8 different categories in order to accurately represent the data of the Kucoin vs. Gate.io comparison. Check out the general overview table below for a quick comparison of the main metrics for Kucoin and Gate.io.
When comparing the overall scores of the two cryptocurrency exchanges, Kucoin has a higher score of 9.1 and Gate.io has a lower score of 7.3. In this comparison of Kucoin vs. Gate.io, it is obvious that Kucoin offers a better and more streamlined user experience than Gate.io in terms of usability.
We have compared Kucoin and Gate.io with Binance, the top-rated cryptocurrency exchange platform, to help you make an informed decision. Clearly, Binance outperforms your top picks and is regarded as one of the best cryptocurrency exchange providers overall with an overall score of 9.8. Check out the detailed feature comparison chart below for an even more in-depth analysis of the Kucoin vs. Gate.io comparison.
Read More: Crypto Compare Guide 2023 – Exchanges, Wallets, Tokens & More
KuCoin Pros & Cons
Pros
- Large crypto exchange with over 11 million users worldwide
- Extremely low fees of 0.1% with a further 20% discount if you pay with KCS
- Mobile app available for iOS and Android
- Over 700+ cryptocurrencies available
- Additional features such as crypto lending, free trading bots, margin trading, futures trading
Cons
- Lacks fiat withdrawal options
- Poor customer service – no live chat support
Gate.io Pros & Cons
Pros
- Buy and convert cryptocurrencies with ease
- Multiple markets are available to trade
- Several ways to earn passive income
- Over 1,400+ cryptocurrencies available
- Automated trading with bots
Cons
- High transaction fees charged by third-party merchants
- No fiat withdrawals from the exchange
KuCoin Vs Gate.io Fees
Any trader must take the trading fee of the cryptocurrency exchange into account. The spot trading fee at KuCoin starts at just 0.1% for both makers and takers. Only 0.02% for makers and 0.06% for takers, their futures trading fees are significantly lower than their spot trading fees.
Your trading fee can be decreased in a number of ways on KuCoin. As an illustration, the lower the fees are for you, the higher your trade volume was over the previous 30 days. Additionally, you can get trading fee reductions by holding a certain quantity of KCS, KuCoin’s native token, or by paying the trading fee in KCS.
On KuCoin, deposits of cryptocurrencies are free, and withdrawals of cryptocurrencies have a variable fee that varies depending on the asset that can be withdrawn. Depending on the payment method chosen, direct crypto purchases also have a variable fee of roughly 3-5%.
The trading fee on Gate.io is a little higher than that of At Gate.io, the spot trading commission for makers and takers is set at 0.20%. For makers and takers respectively, the futures trading commission starts at 0.015%. Gate.io offers users trading fee reductions based on their 30-day trading volume and has a fee structure that is similar to KuCoin’s.
Gate.io doesn’t charge for cryptocurrency deposits, but when you withdraw your digital assets from the exchange, a small network or miner fee is required. You must use third-party payment merchants that Gate.io has partnered with in order to buy cryptocurrencies directly on the platform. They set the fees, which typically range from 3 to 5%.
KuCoin Vs Gate.io Deposit Methods
Both KuCoin and Gate.io provide ways to deposit cryptocurrencies as well as various ways to buy cryptocurrencies directly using fiat money.
KuCoin supports over 70 deposit methods depending on your location. Included in the list of accepted payment options are Visa and Mastercard, as well as Zelle, TransferWise, CashApp, Skrill, direct bank transfer, Google Pay, Apple Pay, and a number of others. To investigate even more payment options, you can also use the P2P market.
Gate.io has partnered with third-party merchants to allow you to buy cryptocurrencies with your credit/debit cards, either Samsung Pay, Google Pay, or Apple Pay. If you can’t find a suitable payment option made available by a third-party merchant, you can investigate the P2P market, which offers more payment options.
KuCoin Vs Gate.io Features
Compare the features of Gate.io and KuCoin to see which one has more features that are suitable for your needs right now.
KuCoin Features
Buy Cryptocurrencies With 70+ Payment Options
On the internet, there are thousands of cryptocurrency exchanges where users can only purchase cryptocurrencies using their credit or debit cards. Some even don’t provide this feature. For buying cryptocurrencies from P2P merchants and other third-party payment vendors, KuCoin offers over 70 different payment methods.
Credit or debit cards, direct bank transfers, Zelle, TransferWise, Cash App, WebMoney, and numerous other e-wallets that the majority of us use on a daily basis are among the options available. Due to the P2P market that KuCoin offers, you can also sell cryptocurrencies and receive fiat assets in return. Just be sure to take the merchant’s order fulfillment rate into account.
Diverse Trading With Spot, Margin, Derivatives, and Leveraged Tokens
Many traders, especially those who favor diversity over a single market, take into account the number of trading markets. KuCoin provides spot and futures markets, as well as derivatives and leveraged tokens for seasoned users to profit more from their trades, to address this issue. Remember that leveraged tokens, derivatives, and margin trading all carry a high risk of high reward. As a result, think through your financial situation carefully before entering those markets.
You can immediately start trading more than 700 cryptocurrencies on the basic spot market. You can explore the newest names with ambitious goals after starting with some of the most well-known assets in the blockchain sector.
Futuristic Trading Experience and Automated Bots
Another area where KuCoin excels is the trading interface or overall experience. Their exchange is futuristic in design and loaded with tools and data to support the success of your trading career. The charts are available for all the tradable assets on the exchange and you will find a thorough, quick, and accurate chart of the asset you have chosen upfront.
Order books and market depth are also made available to KuCoin’s traders so they can assess market fear or average movement. For trade execution, there is a separate section where you can personalize your trades and configure them to your preferences. Check out the free trading bots provided by KuCoin if you want to pursue trading as a side business or hobby but lack the time to monitor charts all day. You can select any of the bots that are offered, set them up, and then leave them to run; they will function automatically based on the algorithm you have specified.
A Number of Ways to Earn and Gain Profit
The potential to make money and prosper was the main factor that drew many people to cryptocurrencies from all over the world. There are numerous other, less risky ways to make money with your cryptocurrencies in addition to trading and holding, which can both be quite profitable.
With KuCoin, users can earn interest by lending their cryptocurrencies to other users. The platform has a calculator where you can enter the lending amount and get an idea of how much you might be able to make in the end. In order to earn money on your stablecoins passively, you can join the KuCoin earning program. KuCoin pools and cloud mining are additional ways to make money, and they may be more lucrative than the other options.
Advanced Crypto Wallet
Additionally, KuCoin has an official cryptocurrency wallet that you can use to store your digital assets effectively and as a cutting-edge entryway to the web3. Additionally, the KuCoin cryptocurrency wallet has a few special features that other wallets do not have. Your KuCoin crypto wallet allows you to send, receive, and store practically any cryptocurrency without any issues. You can store NFTs in your KuCoin wallet along with your cryptocurrency assets if you have them.
According to KuCoin, their cryptocurrency wallet has a cutting-edge security system that has been audited by Hacken to further fortify the system. You can access your assets whenever you want by downloading the KuCoin wallet applications to your smartphones, including iOS and Android models.
Gate.io Features
Buy and Sell Cryptocurrencies With Multiple Options
Buying and selling cryptocurrencies can be done quickly, easily, and effectively with Gate.io. Unfortunately, the platform lacks its own payment systems, but they have teamed up with well-known payment service providers to let you purchase crypto assets using fiat money. According to Gate.io, one of their merchants, Moonpay, charges no fees for card purchases, which can be very advantageous for customers who prefer to pay with their credit or debit cards.
Gate.io provides a P2P market where numerous merchants are ready to assist you and provide you with a range of payment options. All the retailers that meet your needs will be listed in front of you once you have chosen your preferred fiat currency to use for payment.
A Wide Variety of Trading Markets
Trading is moving away from the time when they only needed the spot market. These days, there are some profitable advanced trading markets available. The majority of those markets are accessible to traders through Gate.io. Numerous cryptocurrencies have a spot market where you can typically trade them without having to deal with complicated features or unfathomable risk. In addition, you can trade a wide range of derivatives on the platform at Gate.io, as well as margin and leveraged trading.
You can use leverage in your trade to make much more money than you could with just your initial outlay. However, if you are knowledgeable about how the entire system functions within these constraints or have experience with these markets, it is only advised that you use them.
Copy Trading and Strategy Bots Are Available
Automated trading is the newest best thing in the cryptocurrency sector, and it appears to be helping a lot of traders and newcomers to the industry. The algorithms and strategies created for the bots to use served as the basis for the idea of automated trading. Once configured, the bots operate automatically and generate income while you sit back and unwind. Users of Gate.io have the option of developing custom strategy bots or using pre-made ones that they deem to be competitive enough.
However, you can choose copy trading and simply copy the trades of professionals and experienced traders on automation if you want a professional to manage your trades for you. You can check out the Gate.io copy trading section to find a ton of expert traders who are willing to be copied. You can decide to copy them after looking at their 30-day winning percentage, overall winning ratio, and other crucial factors.
Earn, Lend, Borrow, and Mine
You can do everything on Gate.io, including earning, lending, borrowing, and mining, to elevate your cryptocurrency experience. Gate.io provides a variety of ways for you to make money on the platform and use your crypto assets. You could, for instance, choose flexible or fixed deposit terms and receive interest on your cryptocurrency assets. Along with fixed or flexible deposit terms, there is also the choice of dual investment, which although it may be a little confusing, is just as profitable.
By lending your money to others and receiving interest, on the other hand, you can also make money. However, if you borrow money, you must offer security and pay the agreed-upon interest rate within the allotted time frame. For mining, you can either use cloud mining to mine cryptocurrencies without owning physical hardware or contribute liquidity to the pools in exchange for a cut of the profits.
Create, Trade, and Explore NFTs
With the enormous popularity of digital art, numerous cryptocurrency exchanges have begun to offer NFT marketplaces. The presentation and layout of Gate.io’s NFTs section are absolutely incredible. With Gate.io’s NFTs marketplace, you can discover or exchange NFTs as well as create your own art and publish it online where traders and potential customers can view it. On Gate.io, you can become a certified creator and benefit from things like great exposure, promotions, and privileged support.
On Gate.io, minting of NFTs is completely free, and the system offers users a hassle-free experience. Before minting any artwork, you should consider hot-drops, premium collections, the most popular NFTs, and featured NFTs.
KuCoin Vs Gate.io Security
Rising scams, breaches, phishing attacks, and unauthorized access are just a few of the reasons why many people are hesitant to enter the cryptocurrency industry and discover the revolutionary world of finance.
KuCoin is very safe and secure as they allow users to use a multi-layered protection system for their accounts and keep their funds safe. Even better, the exchange has a bug bounty program that rewards users for simply pointing out flaws in the exchange’s system and letting them know what’s wrong. As a result, their security system is enhanced even further, enabling them to thwart hacker attacks. Popular media outlets have also given KuCoin’s security and services high marks.
Gate.io does not allow anyone to access their full features without verifying their identity according to the They also safeguard your funds using both centralized and decentralized techniques to ensure complete protection under KYC laws. Users can also use various techniques, such as 2FA for an additional layer of security and immunity, to protect their specific accounts.
The Verdict – KuCoin
Despite the fact that both KuCoin and Gate.io are top-notch cryptocurrency exchanges with a range of features, KuCoin has a few advantages over Gate.io. One of the biggest cryptocurrency exchanges in the world, KuCoin offers a wide range of users a variety of trading options with low trading fees.
FAQs
Which Features Are the Most Important in This Kucoin Vs Gate.io Cryptocurrency Exchange Comparison?
The trading fees and other paid features, level of security, supported cryptocurrencies, accepted payment methods, operating countries, and brand reputation are the most crucial factors to consider when selecting the best crypto exchange. But keep in mind that if you’re looking for specific features, some of these evaluation criteria may not matter as much to you as others.
How Can I Choose the Best Crypto Exchange for Me?
You must first assess your level of expertise and your objectives in the world of cryptocurrency. If you’re a beginner, your goals might be different from those of an experienced user. Of course, even if you know what your objectives are, it may still be challenging to sort through dozens of exchanges and choose the best one. Simply select the brands you want to compare and you’ll have all the information you need at your fingertips with the help of this cryptocurrency exchange comparison tool.
How is This Cryptocurrency Exchange Comparison Tool Used?
Select the exchanges you want to compare in order to get started. Select it in the drop-down menu above and click “Compare Now”. You will see a thorough side-by-side comparison of the cryptocurrency exchanges you have selected. Look at the first general table for a brief summary. Browse the second, more comprehensive table for a more in-depth analysis, which outlines all the key features, from a comparison of cryptocurrency exchange fees to security comparisons. Having all this knowledge at your fingertips makes choosing the best cryptocurrency exchange a breeze.
Which Cryptocurrency Exchange is Best for Beginners?
If you read reviews of the best cryptocurrency exchanges online, you’ll probably notice that one feature that the majority of these exchanges share is that they’re very easy to use. While some are simpler and more user-friendly for beginners than others, you shouldn’t have any issues using either of the top-rated exchanges. Nevertheless, many users think KuCoin is one of the current market’s more user-friendly exchanges.
What is the Difference Between a Crypto Exchange and a Brokerage?
In plain English, a cryptocurrency exchange is a location where you can meet people and trade cryptocurrencies with them. The trading system (i.e. Binance serves as a middleman, bringing together you and the seller or buyer based on your offer or request. With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. But when looking at cryptocurrency exchange rankings, both of these businesses (exchanges and brokerages) are frequently combined under the single term “exchange.” For the sake of simplicity, this is done.
Are All the Top Cryptocurrency Exchanges Based in the United States?
While some of the top cryptocurrency exchanges are, in fact, based in the United States (i.e. There are numerous well-known industry titans spread out across the globe (such as KuCoin or Kraken). Binance, for instance, has its headquarters in Tokyo, Japan, whereas Bittrex is situated in Liechtenstein. While there are many reasons an exchange might favor one location over another for its base of operations, the majority are business-related and generally have no bearing on platform users.
