Compare Gatecoin vs Simex Exchange
On this page, you can compare Gatecoin with Simex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Gatecoin was founded in 2013 in Hong Kong. Simex was founded in 2015 in USA.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Gatecoin. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Gatecoin is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Gatecoin doesn't have a mobile app. Simex doesn't have a mobile app.
Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.
| Company | ||
|---|---|---|
| User rating | 1 user review | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 1 user review | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
It became known in spring 2019 that Gatecoin exchange would stop its operation. It was stipulated by the decision of the Hong Kong court after quite a long attempt to recover lost funds. The loss amounted to $2 mln.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
Founding Date
| 2013 | 2015 |
Country
| Hong Kong | USA |
Type
| Centralized | Centralized |
Languages
| No data | English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
Mobile app
| - | - |
Full address
| 2F Bonham Centre 79-85 Bonham Strand, Sheung Wan Hong Kong SAR contact@gatecoin.com | 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
Fees
|
Volume thresholds Maker Fee [%] Taker Fee [%] 50 BTC: 0.25/0.35 100 BTC: 0.2/0.3 200 BTC: 0.15/0.25 500 BTC: 0.12/0.2 1,300 BTC: 0.1/0.16 2,600 BTC: 0.08/0.14 5,200 BTC: 0.06/0.13 13,000 BTC: 0.05/0.12 20,000 BTC: 0.04/0.11 MAX: 0.02/0.1 Once you reach a threshold over a rolling 31 day period, the discounted fee is automatically applied to your following trades. |
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
| About |
It became known in spring 2019 that Gatecoin exchange would stop its operation. It was stipulated by the decision of the Hong Kong court after quite a long attempt to recover lost funds. The loss amounted to $2 mln.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2015 |
| Country | Country Hong Kong | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages No data | Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
| Mobile app | Mobile app - | Mobile app - |
| Full address | Full address 2F Bonham Centre 79-85 Bonham Strand, Sheung Wan Hong Kong SAR contact@gatecoin.com | Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
| Fees |
Fees
Volume thresholds Maker Fee [%] Taker Fee [%] 50 BTC: 0.25/0.35 100 BTC: 0.2/0.3 200 BTC: 0.15/0.25 500 BTC: 0.12/0.2 1,300 BTC: 0.1/0.16 2,600 BTC: 0.08/0.14 5,200 BTC: 0.06/0.13 13,000 BTC: 0.05/0.12 20,000 BTC: 0.04/0.11 MAX: 0.02/0.1 Once you reach a threshold over a rolling 31 day period, the discounted fee is automatically applied to your following trades. |
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
Trading
Gatecoin trading volume is 0. The exchange has 0 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Simex trading volume is 81,377,280.0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 0 | 81377280 |
Pairs
| 0 | 16 |
Coins
| 1 | 14 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 0 | Volume 81377280 |
|---|---|---|
| Pairs | Pairs 0 | Pairs 16 |
| Coins | Coins 1 | Coins 14 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
| - |
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication - | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| gatecoin.com | simex.global |
| @gatecoin | @simexinvest |
Number of followers
| 7025 | 2223 |
| Website | Website gatecoin.com | Website simex.global |
|---|---|---|
| Twitter @gatecoin | Twitter @simexinvest | |
| Number of followers | Number of followers 7025 | Number of followers 2223 |
Rating
| User rating | 1 user review | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Gatecoin user rating is 1, based on 1 user reviews. Simex user rating is 3.6, based on 7 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Gatecoin with Simex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Gatecoin was founded in 2013 in Hong Kong. Simex was founded in 2015 in USA.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Gatecoin. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Gatecoin is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Gatecoin doesn't have a mobile app. Simex doesn't have a mobile app.
Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.