Compare Gate.io vs Simex Exchange
On this page, you can compare Gate.io 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. Gate.io was founded in 2013 in USA. 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 Gate.io. 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.
Gate.io is Centralized and Simex 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. Simex doesn't have a mobile app.
Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.
| Company | ||
|---|---|---|
| User rating | 36 user reviews | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 36 user reviews | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
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
| USA | USA |
Type
| Centralized | Centralized |
Languages
| English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish, Thai | English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
Mobile app
| iOS, Android | - |
Full address
| Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 | 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
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 |
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
| 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.
|
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 USA | Country USA |
| 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, Russian, Chinese, Indonesian, Malay, Hindi |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 | Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
| 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 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
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.
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
| 61555210 | 81377280 |
Pairs
| 395 | 16 |
Coins
| 192 | 14 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 61555210 | Volume 81377280 |
|---|---|---|
| Pairs | Pairs 395 | Pairs 16 |
| Coins | Coins 192 | Coins 14 |
| 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 | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| www.gate.io | simex.global |
| @gate_io | @simexinvest |
Number of followers
| 49787 | 2223 |
| Website | Website www.gate.io | Website simex.global |
|---|---|---|
| Twitter @gate_io | Twitter @simexinvest | |
| Number of followers | Number of followers 49787 | Number of followers 2223 |
Rating
| User rating | 36 user reviews | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Gate.io user rating is 2.8, based on 36 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 Gate.io 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. Gate.io was founded in 2013 in USA. 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 Gate.io. 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.
Gate.io is Centralized and Simex 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. Simex doesn't have a mobile app.
Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.