Compare Gate.io vs Korbit

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On this page, you can compare Gate.io with Korbit. 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. Korbit was founded in 2013 in South Korea.

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 Korbit 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. Korbit has a mobile app available for iOS and Android.

Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai. Korbit has 2 languages available, including English and Korean.

Company
User rating User rating 2.8 / 5 36 user reviews User rating 2.4 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.9 / 5 Trust Score 3.94 / 5

User rating

2.8 / 5 36 user reviews 2.4 / 5 7 user reviews

Cryptogeek rating

4.0 / 5 4.0 / 5

Trust Score

How it works
3.9 / 5 3.94 / 5

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.
Korbit was the first exchange to introduce BTC/KRW trading in South Korea, and it's currently active in 30 markets where some of the top cryptocurrencies can all be traded against KRW. The platform also offers a trading API that supports automated trading.

Founding Date

2013 2013

Country

USA South Korea

Type

Centralized Centralized

Languages

English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish, Thai English, Korean

Mobile app

iOS, Android iOS, Android

Full address

Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 Business Registration 220-88-61399 Communications Sales Registration 2013-Seoul Gangnam-01860 Korbit, Inc., 376 Gangnam-daero 5th Fl., Gangnam-gu, Seoul, Korea CEO Tony Lyu info@korbit.co.kr Contact 1661-9707 (Time: Weekdays 9-12am, 1-6pm)

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
Maker: 0.15% / Taker: 0.15%

Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP
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.
Korbit was the first exchange to introduce BTC/KRW trading in South Korea, and it's currently active in 30 markets where some of the top cryptocurrencies can all be traded against KRW. The platform also offers a trading API that supports automated trading.
Founding Date Founding Date 2013 Founding Date 2013
Country Country USA Country South Korea
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish, Thai Languages English, Korean
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 Full address Business Registration 220-88-61399 Communications Sales Registration 2013-Seoul Gangnam-01860 Korbit, Inc., 376 Gangnam-daero 5th Fl., Gangnam-gu, Seoul, Korea CEO Tony Lyu info@korbit.co.kr Contact 1661-9707 (Time: Weekdays 9-12am, 1-6pm)
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 Maker: 0.15% / Taker: 0.15%

Full fee schedule: https://www.korbit.co.kr/faq/articles/?id=79KnqSDLE9rVaeTyFSp4ZP

Trading

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

Korbit trading volume is 4,536,944.0. The exchange has 32 available trading pairs. Fiat trading is 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

61555210 4536944

Pairs

395 32

Coins

192 32

Fiat trading

Deposit

Free Free

Fees

Percentage Percentage

Margin

- -
Volume Volume 61555210 Volume 4536944
Pairs Pairs 395 Pairs 32
Coins Coins 192 Coins 32
Fiat trading Fiat trading Fiat trading
Deposit Deposit Free Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

Verified

Verified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified Verified

Social

Website

www.gate.io www.korbit.co.kr

Twitter

@gate_io @korbitbtc

Number of followers

49787 3032
Website Website www.gate.io Website www.korbit.co.kr
Twitter Twitter @gate_io Twitter @korbitbtc
Number of followers Number of followers 49787 Number of followers 3032

Rating

User rating User rating 2.8 / 5 36 user reviews User rating 2.4 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

Gate.io user rating is 2.8, based on 36 user reviews. Korbit user rating is 2.4, 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?
Trust Score: 3.9 / 5
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Trust Score: 3.94 / 5
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On this page, you can compare Gate.io with Korbit. 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. Korbit was founded in 2013 in South Korea.

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 Korbit 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. Korbit has a mobile app available for iOS and Android.

Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai. Korbit has 2 languages available, including English and Korean.