Gate.io VS changelly

Compare Gate.io VS changelly and see what are their differences

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Gate.io

Gate.io is dedicated to security and your experience, offering you not only a secure, simple and fair Bitcoin exchange but also promising to safeguard your asset and trading information.

changelly

Exchange alternative cryptocurrencies.

Landing page //
2023-07-14

Landing page //
2023-09-15

Changelly is dedicated to security and your experience, offering you not only a secure, simple and fair Bitcoin exchange but also promising to safeguard your asset and trading information.

Gate.io

Website: gate.io
Pricing URL: Official Gate.io Pricing
Release Date: 2013 January
Startup details
Country: United States
State: Illinois
City: Malta
Employees: 100 - 249

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changelly

Website: changelly.com
Pricing URL: -
Release Date: -
Startup details
Country: Malta
City: Valletta
Employees: 50 - 99

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Gate.io features and specs

Wide Range of Cryptocurrencies
Gate.io offers a large selection of cryptocurrencies for trading. This allows users to diversify their portfolios and trade a variety of digital assets.
Advanced Trading Features
The platform provides advanced trading features such as margin trading, futures contracts, and lending opportunities, catering to both novice and professional traders.
High Liquidity
Gate.io boasts high liquidity, ensuring that users can easily buy and sell assets without significantly impacting market prices.
Security Measures
Gate.io employs multiple layers of security, including two-factor authentication (2FA), cold storage for funds, and encrypted communication, to protect users' assets and data.
User-friendly Interface
The platform has an intuitive and user-friendly interface, making it easier for new users to navigate and execute trades.

Possible disadvantages of Gate.io

Regulatory Uncertainty
Gate.io is not regulated by any major financial authorities, which might pose a risk for users, particularly in terms of legal protections and adherence to financial regulations.
Limited Fiat Support
The platform has limited support for fiat currencies, which can be a drawback for users looking to deposit or withdraw fiat directly.
Customer Support
Some users have reported slow response times from customer support, which can be frustrating during urgent situations or technical issues.
Complexity for Beginners
Despite its user-friendly interface, the abundance of features and trading options may still be overwhelming for beginners who are new to cryptocurrency trading.
Withdrawal Fees
Gate.io has relatively higher withdrawal fees for certain cryptocurrencies compared to other exchanges, which can impact the cost-efficiency of frequent withdrawals.

changelly features and specs

Wide Range of Supported Cryptocurrencies
Changelly supports a large number of cryptocurrencies, allowing users to exchange between different digital assets with ease.
User-Friendly Interface
The platform offers a simple and intuitive user interface, making it accessible for both beginners and experienced traders.
No Account Registration Required
Users can conduct transactions without the need to create an account, providing a higher level of privacy and convenience.
Fixed and Floating Rate Options
Changelly offers both fixed and floating exchange rate options, giving users more flexibility based on their preferences and market conditions.
Security
Changelly employs robust security measures and does not hold user funds, minimizing the risk of hacks and unauthorized access.

Possible disadvantages of changelly

Higher Fees for Some Transactions
The platform's exchange rates and fees can be higher compared to some other exchanges, particularly for smaller transactions.
No Fiat Currency Support
Changelly focuses exclusively on cryptocurrency exchanges and does not support direct fiat currency transactions or withdrawals.
Lack of Advanced Trading Features
The platform is designed for simplicity and does not offer advanced trading tools such as order books, charts, or margin trading.
Variable Processing Times
Transaction processing times can vary depending on network conditions, which might lead to delays in receiving exchanged funds.
Limited Customer Support Options
Customer support is primarily available via email and online ticketing, which may not be as quick or comprehensive as live chat or phone support.

Analysis of Gate.io

Overall verdict

Gate.io can be considered a good exchange for those who are looking for a versatile trading platform with numerous options. However, potential users should consider factors such as trading fees, regulatory concerns, and user reviews before making a decision. It's important to conduct due diligence to determine if Gate.io aligns with individual trading needs and risk tolerance.

Why this product is good

Gate.io is one of the older cryptocurrency exchanges that offers a wide array of altcoins and trading pairs, appealing to users seeking variety beyond the most popular cryptocurrencies. It provides features like margin trading, futures, and a user-friendly interface. Additionally, it has a comprehensive security structure with audits and proof of reserves, enhancing user trust.

Recommended for

Experienced cryptocurrency traders looking for a wide selection of coins.
Users interested in margin trading or futures.
Traders who place a high value on security features such as proof of reserves.

Analysis of changelly

Overall verdict

Changelly is generally considered a good choice for those looking to quickly and easily exchange cryptocurrencies without the need for a complex setup or lengthy registration process. Its main benefits lie in its convenience and wide cryptocurrency support.

Why this product is good

Changelly is known for its user-friendly platform, offering a simple and straightforward process for exchanging cryptocurrencies. It supports a wide range of cryptocurrencies and allows for quick transactions without requiring account registration. The service is known for its transparent fee structure and relatively competitive rates. Its integration with various wallet services enhances usability for many crypto enthusiasts.

Recommended for

Changelly is recommended for cryptocurrency beginners who need an easy-to-use platform, as well as experienced traders looking for quick trades. It's also suitable for those who want to avoid the hassle of creating accounts and going through verification processes, or who prefer to use a wide array of cryptocurrencies.

Gate.io videos

+ Add

Gate.io Review: Is Gate.io Safe? (My Experiences After 3+ YEARS!)

changelly videos

+ Add

Changelly Review (2020) | Is This Exchange Safe?

Category Popularity

0-100% (relative to Gate.io and changelly)

Gate.io

changelly

Cryptocurrencies

66 66%

Cryptocurrencies

34% 34

Cryptocurrency Exchange

67 67%

Cryptocurrency Exchange

33% 33

Crypto

69 69%

Crypto

31% 31

Finance

100 100%

Finance

0% 0

User comments

Share your experience with using Gate.io and changelly. For example, how are they different and which one is better?

Reviews

These are some of the external sources and on-site user reviews we've used to compare Gate.io and changelly

Gate.io Reviews

Avani

about 1 year ago

Not all coins were found, but the experience was positive from using it.

changelly Reviews

Top 8 Crypto Swapping Sites/Platforms For 2024; Here’s List

In addition to its exchange platform, Changelly also provides a full-featured trading platform, DeFi Swap, and a fiat-to-crypto market. Except for the US and nations where cryptocurrency transactions are expressly forbidden by law, it is accessible everywhere else.

Source: coingape.com

BEST 25 Coinbase Alternatives (2021 Update)

Changelly is a cryptocurrency exchange that enables you to exchange Crypto fast and buy it with a bank card. It provides a facility to trade BTC (Bitcoin), XRP, ETH, and LTC(Litecoin).

Source: www.guru99.com

Social recommendations and mentions

Based on our record, Gate.io seems to be a lot more popular than changelly. While we know about 2729 links to Gate.io, we've tracked only 152 mentions of changelly. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Gate.io mentions (2729)

usdc5
A mate of mine transferred usdc from binance into gate.io and its coming up as usdc5 (delisted) and can trade it at all? Source: over 1 year ago
Daily Crypto Discussion - December 6, 2023 (GMT+0)
Godamn no wonder, gate.io moons price more than mexc haha. Source: over 1 year ago
Two USDT Withdrawals Stuck and no response to ticket
So I've never had any issues before withdrawing or depositing to gateio. But for some reason unknown to me my last two withdrawals are stuck at "verifying". I've opened a ticket 24 hours ago and no response. Would love just a reply to know what is going on here, communication from gate.io has been non-existent so it makes the situation frustrating. Source: over 1 year ago
Deposit to Gate.io problem
Was depositing OMI to gate.io but the coins didn't arrive to my account, ticket 959244. They said I had to submit a "retrieval application" and pay a 100 USDT fee while I did exactly as I was instructed during the deposit process, so I am not going to pay a 100 USDT fee. No further response/action for two weeks. Source: over 1 year ago
How to get my IP address to change to a location outside of USA so I can start trading crypto on all exchanges?
Companies like Gate.io will not allow people who have IP Addresses in the USA to use their crypto accounts. I want to reroute my IP address so it now is in a foreign country that Gate.io and other companies allow (like the Netherlands)*. Source: over 1 year ago

changelly mentions (152)

Question
If I buy BTC on coinbase with KYC and then convert to XMR say on changelly.com am I fully anonymous from then on? So the way is Coinbase-Trezor wallet-changelly.com-XMR wallet on Trezor-changelly.com(swap it back to BTC)-Trezor new address. Source: about 2 years ago
Anyone know where to buy bitcoin with card without verification
Use changelly.com - they don't ask for verification. Source: about 2 years ago
BitBase Stores on the Canary Islands
I somehow feel physical Bitcoin stores always overcharge their customers. I'd just use my credit card to buy Bitcoin online from services like Changelly (https://changelly.com/) and send it to my airgap Keystone Pro hardware wallet (https://keyst.one/). Source: about 2 years ago
Wbtc question
This is a centralized scam altcoin unrelated to bitcoin. You can use an exchange to swap it like https://changelly.com/. Source: over 2 years ago
DO NOT USE CHANGELLY EXCHANGE FUNCTION!
I tried to exchange 9400 DAI for XMR. It wouldn't tell me in the terms which exchange it would use or anything really. After I initiated the exchange, it moved from confirming to confirmed and then back to confirming until I had 500+ confirmations. I contacted Coinomi and got no response at all. I found from researching that it was using https://changelly.com/. To do the swap. Changelly requested my drivers... Source: over 2 years ago