Gate.io vs. Binance: Compare Cryptos, Features, Fees, & More

Filip Dimkovski
By Filip Dimkovski
Joel Taylor
Edited by Joel Taylor

Published March 25, 2022.

Gate.io VS Binance


Cryptocurrency is changing the world and is becoming more popular as the years go on - but you already knew that. Of course, with the rising popularity of crypto, the number of brokerages offering you the option to buy and sell cryptos has also increased.

Namely, Binance and Gate.io have become one of the leading crypto exchanges, offering a solid experience for both short-term traders and long-term investors. Although both of them are a solid choice and they are available in the US, they slightly differ in their features. Continue reading to learn more about the difference between Gate.io and Binance.

Which Cryptos Does Gate.io Offer?

  • BTC
  • ETH
  • USDT
  • USDC
  • CVC
  • REQ
  • DOGE
  • BTG
  • LTC

and others.

Which Cryptos Does Binance Offer?

  • BTC
  • ETH
  • ADA
  • USDT
  • USDC
  • SOL
  • NEO
  • LINK
  • XLM
  • NANO
  • SHIB
  • DOGE
  • VET
  • VTHO

and others.

Gate.io vs Binance

Feature Comparison

Gate.io logo

Gate.io

Binance logo

Binance

Trading Instruments

A wide range of cryptos covered

Demo Accounts

The option to practice on the crypto market without real money

Mobile Availability

Whether or not the platform has a reliable app or website for mobile devices

Payment Methods

Wire transfers, credit cards, Simplex, crypto payments, etc

Crypto Lending

Allowing you to lend your money and earn interest

Reliable Customer Support

Having the option to contact technical staff in case of an issue

P2P and Spot Trading

Availability of peer-to-peer and spot trading





Pricing Comparison

Plans

Gate.io

Binance

$0 Minimum Account

$0 Transfer Fees

Fees ranging from 0.02% to 0.1% for trading

$0 Inactivity Fee

$0 Administration Fee



Customer Support Comparison

Since both of these crypto exchanges are of the highest tier, it's no surprise that their customer support is commendable, to say the least. Still, it appears that Gate.io has the slight edge over its counterpart regarding their support channels.

Namely, the biggest problem users have at Binance is withdrawing funds, and the support staff has had a relatively difficult time solving these issues for its users. At Binance, you can ask for help in one of four ways, with the fastest one being the live chat:

  • Submitting a ticket through the form on the website
  • Contacting Binance's customer support Twitter account at @BinanceHelpDesk
  • Opening the chatbox in the bottom right corner of the screen.
  • Visiting the FAQ page.

On the other hand, Gate.io's users seem to be quite satisfied with the platform's support system. After registering, you'll get a detailed New User Guide to save yourself from hours of hassle. In case of a specific issue, you can check out the FAQ section or contact the support team via the 24/7 live chat option or through email.

Mobile App Comparison

Both Gate.io and Binance have a dedicated mobile app that works for iOS and Android devices. Despite our detailed research, we cannot find a clear-cut winner in the mobile user experience department, as it's obvious that both of these platforms have done an excellent job with the mobile apps they provide. If you don't want to download the Gate.io or Binance app, you can still use their website from your smartphone, as it's mobile-responsive.

Final Verdict: Is Gate.io or Binance Better?

Although it's difficult to choose a definite winner in this comparison, we would have to say that Binance would be better for most users - although for a small margin. Frankly, the satisfaction you'd get at Gate.io or Binance largely depends on your preferences.

If you mind the fees Gate.io has, Binance is definitely the better choice - and this is especially true for those of you who execute orders frequently. The diversity of the coin list at Binance is better too. On the other hand, Gate.io offers slightly better security and customer support - some regard it as being the safest crypto exchange. You truly can't go wrong with either of them, but in the end, the choice is yours.