Review Review

Robert McDougall 

January 8, 2024


What is is one of the oldest cryptocurrency exchanges you can find on the internet. The company started all the way back in 2013 within the premises and regulations of China. Later on in 2017, the whole company was rebranded and shifted to the USA. As of today, is considered to be one of the major crypto exchanges for users from all over the world.

The platform has plenty of features and options for traders and investors to go with. One of the major benefits that has provided to its users is that the platform is available in different languages and versions. The exchange offers English, Chinese, Spanish, French, German, Turkish, Italian, and a few more. Of course, there is a range of different currencies available too that the users can select to trade and invest as per their preferences.

  • Web Address:
  • Main location: Virginia, USA
  • Cryptocurrencies: BTC, ETH, DOT, BNB, DOGE, & 1,400+ more
  • Fiat Currencies:  USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN, RUB, JPY, ZAR & more
  • Trading Fees: 0.2% Maker Fee, 0.2% Taker Fee
  • Deposit Methods: Bank Transfer, Credit/Debit Card, Cryptocurrency
  • Deposit Fees: Varies
  • Mobile app: Yes

My Overall Thoughts on changed the whole structure of their platform in 2017, adding many different options and trading markets to diversify the platform. This might be one of the reasons why the platform is considered one of the biggest today. There are few key features that make a great pick for crypto investors and traders, listed below:

1) 1,400 cryptocurrencies supported: You have probably seen many exchanges offering 100+ crypto coins to their users. goes way beyond, offering 1,400 cryptocurrencies for their users to watch and invest their money in. You can even explore different crypto pairs and trade them without any problems.

2) Diversity of markets: One of the best things about is that it offers a great diversity of markets. You get many options to go with, including spot trading, margin trading, ETF trading, futures, and a few more. Not only that, there is even a separate market available for NFTs to buy, sell, and create just as you want.

3) Easy navigation and premium support: The overall platform is quite easy to use and navigate. You don't have to confuse yourself with different options. If you do find yourself getting into any trouble, provides their users a whole community to get in touch with, as well as articles, blogs, and podcasts. You can also contact the support team through the live chat option or simply send your message through email.

One downside that users note is that does not allow fiat withdrawals. While this is an inconvenience, you can always set up a different crypto exchange to trade your crypto to if you want to convert back to fiat currency.

Key Features & Advantages of has a massive range of advantages and benefits that traders and investors can enjoy. This is what makes the exchange quite successful in many different countries. To save you time, I have gathered all the top benefits offered by to their users. It will help you decide quickly if the exchange is a good fit for you or not without wasting your time searching for the information.

Negatives & Disadvantages of

There are a few negative aspects about that you will have to look out for before making your mind to go with them. These aspects are listed below:

What Services does offer?

In order to better understand everything that offers, I recommend you go through all the points mentioned below. Be sure to evaluate all the points so you can make an informed decision at the end.

Beginner-friendly platform with good UI:  Crypto exchanges can be complicated and hard to understand sometimes. Luckily, offers a very beginner-friendly platform and UI, which makes it easy to access different features and options quickly.

Whether you want to buy or sell crypto, trade, borrow, lend, or stake, all the options are available right at the top, easily accessible with one click. You can also access your personal account from the top right corner and check out all the details. Even when trading, you have the option to go with the standard version or the professional view. Of course, you can select whichever one suits you best, and switch between the two.

1,400 cryptocurrencies to trade: has tons of cryptocurrencies listed on their exchange that their users can access. You can simply buy different coins or trade pairs as per your preferences right away. In order to fulfil the demands of their users, also actively adds new cryptocurrencies according to their popularity and project authenticities. Having more than 1,400 cryptocurrencies can offer you a lot of options to choose from, but make sure to do your research first before investing heavily in any particular coin.

One-click crypto buying and selling:  If you are the type of person does not like to dwell around and explore every single feature of a crypto platform, then you would appreciate the one-click buying and selling option offered by The one-click feature is simply introduced to reduce hassle for their users and make it easy for them to buy any crypto coin they want quickly.

All they have to do is click the “Buy Crypto” option from the top menu of the website and select the coin along with the payment method they want to use. This is pretty much all there is to it, and you will soon have your hands on the coin you want.

Apps available for Android, iOS and PC:  Technology has brought a revolution to the way we do things, making life easier and more convenient. Things that can be done through your computer can now be easily done through your mobile devices. is a crypto exchange that have developed professional and smooth mobile apps for both iOS and Android. Users can also download the PC applications too that are supported for Windows computers and macOS computers, if you don't want to access the exchange via web browser. 

Tons of markets and trading options:  It can be quite a hassle to manage different accounts on separate crypto platforms just to use different features. You can eliminate this problem of by opting for a platform or an exchange that can offer you almost every trading and investing option in a single place. offers such a product, as there are a lot of options for individuals to trade and invest their money. You can simply buy cryptocurrencies, or you can go with different markets to trade and earn. Users can access Spot trading, ETF Trading, Futures, Margin Trading, and Derivatives. Unfortunately, does not have a market for Fiat currencies, and traders have to rely on crypto and other options for their trading.

Copy trading introduced:  When you don’t know how to do something, how do you normally proceed? In most cases, we try to follow the ones who are actually experienced and understand how things work. The great thing is that this can apply to crypto trading as well. offers several copy traders that you can opt to follow, so that your profits will be aligned with the professional expert trader that you are copying. 

You will have to pay a fee to use the copy trading feature, but this is a smart option for those who are new to the industry and want a good start to their trading journey. You can invest a certain amount and track the progress over time. If you like the results you are getting, you can choose to invest more, copying the same trader. Remember that there is risk involved with copy trading, and past results are not a predictor or guarantee of future results. 

Advanced NFT market:  NFTs are the new big things in the financial market, and everyone is going crazy about them due to the potential they carry. NFTs are an abbreviation for non-fungible tokens and they can be bought and sold by users from all over the world. But the thing to note is that has already integrated the whole NFT market on their platform for their users to access. Users can explore thousands of NFTs listed on the platform and buy them just as they want.

You can search the top NFTs or featured NFTs options if you want to find the best ones. In case you are wondering if you can sell your NFTs on the platform, yes, also allows users to sell their NFTs quite easily. To top it off, you can even create your own NFT with the help of the builder provided by Making it attractive and creative enough for others to want to buy is all up to you, though.

Crypto lending and borrowing:  If you wanted to borrow some cryptocurrency, has an easy to use feature where you can access this. Not only can you borrow cryptocurrency, but if you are on the other end, and you want to earn interest on your coins, you can easily lend it out. Remember to check that you meet the requirements and that you are happy with the interest rate before borrowing or lending crypto.

Passive income through staking and mining:  Staking and mining are two of the best ways for crypto investors to get their hands on more crypto and grow their investment. Have a look at the staking and holding section of, and you will find all the coins and staking options available for you.

Cloud mining is also available at, where you just have to pay for the plan you are going to choose.

Educational content and premium community support available:  In order to help amateur users with their problems, has created a whole separate educational section. This is where users can access different posts, live streams, blogs, news, and podcasts with ease. Users can even get in touch with other members of the community and exchange thoughts on different things.

If you want assistance from customer support staff, offers a live chat option for instant resolutions of your problems. If you prefer, you can also leave a message via email.

What I don't like about

As with anything, no crypto exchange is perfect and has certain flaws that you have to look out for. Let’s briefly check out a few of the disadvantages of that might affect your trading or investing experience.

Restrictions for New York and Washington DC users:  The good news is that is available for US users, but unfortunately not those living in New York or Washington DC. This is due to the state policies and laws that the exchange could not meet. If you are from New York or DC, you will have to find another exchange for your trading and investing activities. A good place to look is with our article on the best crypto exchanges in the USA.

No fiat withdrawals available:  One of the most frustrating things about is that it only offers crypto withdrawals and there's no way of withdrawing fiat currency. If you want to convert your crypto back to fiat currency, you need to send it to another exchange where you can sell and withdraw to your bank account.

Uncertain deposit fees:  There are many different platforms that do not charge a fee for depositing fiat into their exchange. However, uses third-party services for Credit Card and Bank Transfer payments, so the fees incurred are set by an external provider, and vary depending on which one you use. Fees Deposit Fees

Cryptocurrency deposits at are absolutely free, users do not have to pay anything.

Users cannot deposit fiat currency into but you can use credit card or bank transfer to immediately purchase crypto, which you can then trade with on the exchange. There will be a fee on credit card and bank transfer payments as they include a third-party service, and the fee will vary depending on the payment provider you choose. Trading Fee has a standard trading fee of 0.2% for both makers and takers. But one thing to note here is that this fee can be lowered if your trading volume increases. You can take a look at the chart below for reference. You need to have reached the trading volume for the month as well as hold a certain amount of Gate Token (GT) to receive discounted fees: does not charge any maker fee when it comes to futures trading, but takers need to pay a 0.05% fee. Fiat Withdrawal Fees does not support fiat withdrawals; if you want to withdraw money to your bank account, you will need to transfer your crypto to another exchange that enables fiat withdrawals. Crypto Withdrawal Fees

The platform does not have a fixed withdrawal fee for cryptocurrencies. Each coin comes with its own fee that users have to pay. To check the withdrawal fee for a specific coin, click here.

Pros and Cons of

  • 1,400 cryptocurrencies to trade
  • Various markets and trading options
  • Low trading fees of 0.2% with discounts available
  • Copy trading supported so you can imitate the strategies of experienced traders
  • Staking and mining available so you can earn passive crypto income
  • No fiat withdrawals
  • Not available in New York and Washington DC
  • Purchasing crypto requires third-party providers with uncertain fees


Conclusively, is a great platform for cryptocurrency traders and investors. With the availability of different markets and over 1,400 cryptocurrencies, any user of would find the exchange sufficient for their needs. There are also plenty of options like staking, mining, lending, borrowing, and copy trading which have built the platform into an extremely comprehensive exchange.

The biggest downside to is the lack of fiat withdrawals. You can purchase crypto using fiat, but there is no way to withdraw fiat, as there are no fiat markets to trade on the exchange. Users will have to send crypto to another exchange, to sell for fiat currency when they want to cash in on their profits. If you are looking for other crypto platforms that support fiat withdrawals, have a look at the article on the best crypto exchanges (found here), and you can also see the quick comparison table below.

Comparison Table of the Best Crypto Exchanges in the USA

Crypto Exchange
Crypto Exchange
Fiat Currencies
Fiat Currencies
USD, GBP, EUR, CHF, AUD, JPY & 21 more
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY & 10+ more
MEXC, BTC, ETH, EOS, BCH, LTC & 2,300+ more
BTC, ETH, BCH, DASH, LTC, ETC & 110 more
BTC, ETH, ADA, DOGE, COMP, DOT & 125+ more
BTC, ETH, LTC, XRP, CRO, ADA, DOT, SOL, DOGE & 250+ more
Deposit Methods
Deposit Methods
Visa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, Cryptocurrency
PayPal, Debit card, Wire transfer
Bank Transfer (ACH), Bank Transfer (SEPA), Debit/Credit Card, Wire Transfer, Faster Payments Service, SWIFT, Cryptocurrency
Credit card, Debit card, Fedwire, Apple Pay, Google Pay
Bank Transfer (ACH), BPAY, SEPA, Credit/Debit card, PayPal, TransferWise, Fedwire, SWIFT, Cryptocurrency
Trading Fees
Trading Fees
0% for spot, 0.0%/0.01% for futures
Fees included in the spread
2.93% - 3.90% (depending on loyalty level)
Included in spread

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Frequently Asked Questions

Can you trust with your money? is considered one of the most secure crypto exchanges due to their cybersecurity measures, including cold wallet storage to protect users' funds. They also have plenty of security settings that you can use to ensure your account is safe on your end, such as 2FA, anti-phishing code, login verification, and separate fund-withdrawal password separate to your login.

Is legal in the US?

Yes, is legal in the US, with almost all of the options enabled for them. But do remember that the platform does not support residents in New York and Washington DC.

Is a good choice for beginners? is certainly a good choice for beginners due to the quick buy and sell option they have provided, along with different types of trading approaches. New traders can simply go with standard trading to get hold of everything without facing the professional aspects. Once you have been on for a while, you will gradually progress to becoming a more experienced trader, and you can enjoy the more advanced tools and markets of the platform. provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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