Compare Gate.io vs HitBTC

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On this page, you can compare Gate.io with HitBTC. 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. Gate.io was founded in 2013 in USA. HitBTC was founded in 2013 in Hong Kong.

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.

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.

Gate.io is Centralized and HitBTC is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Gate.io has a mobile app available for iOS and Android. HitBTC has a mobile app available for iOS and Android.

Gate.io has 12 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese and Thai. HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese.

Company

Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.

HitBTC Cryptocurrency Exchange is a platform created in 2013 by Estonian experts and Israeli entrepreneurs that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

About

Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.

HitBTC Cryptocurrency Exchange is a platform created in 2013 by Estonian experts and Israeli entrepreneurs that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

Founding Date Founding Date 2013 Founding Date 2013
Country Country USA Country Hong Kong
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Thai Languages English, Portuguese, Spanish, Korean, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Unknown Full address Kemp House 192 City Road London EC1V 2NX
Fees Fees 0.2% fee for trading.

Tier Fee discount Trade Volume of BTC Equivalent
VIP0 No < 6 BTC
VIP1 5% Off ≥ 6 BTC
VIP2 10% Off ≥ 12 BTC
VIP3 15% Off ≥ 24 BTC
VIP4 20% Off ≥ 50 BTC
VIP5 25% Off ≥ 100 BTC
VIP6 30% Off ≥ 300 BTC
VIP7 35% Off ≥ 800 BTC
VIP8 40% Off ≥ 2000 BTC
VIP9 45% Off ≥ 5000 BTC
VIP10 50% off ≥ 10000 BTC
Fees Trading Fee Tier

For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade.

Example:
The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total.

The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

Trading fees for upgraded accounts:

Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee
1 ≥ 0 BTC 0.07% 0.07%
2 ≥ 10 BTC 0.06% 0.07%
3 ≥ 100 BTC 0.05% 0.07%
4 ≥ 500 BTC 0.04% 0.07%
5 ≥ 1000 BTC 0.03% 0.06%
6 ≥ 5000 BTC 0.02% 0.06%
7 ≥ 10000 BTC 0.01% 0.05%
8 ≥ 20000 BTC 0% 0.04%
9 ≥ 50000 BTC -0.01% 0.03%
10 ≥ 100000 BTC -0.01% 0.02%

If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier
Trading

Gate.io trading volume is 61,555,210.0. The exchange has 395 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

HitBTC trading volume is 639,867,353.0. The exchange has 853 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 Volume 61555210 Volume 639867353
Pairs Pairs 395 Pairs 853
Coins Coins 192 Coins 373
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -
Safety
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified Verified
Social
Website Website www.gate.io Website hitbtc.com
Twitter Twitter @gate_io Twitter @hitbtc
Number of followers Number of followers 49787 Number of followers 240010
Rating
Cryptogeek user rating Cryptogeek user rating 4.7 / 5 11 user reviews Cryptogeek user rating 4.9 / 5 64 user reviews
Cryptogeek expert rating Cryptogeek expert rating 4.0 / 5 Cryptogeek expert rating 4.2 / 5
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?
Cryptogeek summary

Gate.io user rating is 4.7, based on 11 user reviews. HitBTC user rating is 4.9, based on 64 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?
Trust Score: 4.43 / 5 Compare with: Write your review
HitBTC
Winner
Trust Score: 4.58 / 5 Compare with: Write your review