Compare Gatecoin vs LakeBTC

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On this page, you can compare Gatecoin with LakeBTC. 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. LakeBTC was founded in 2013 in China.

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.

Gatecoin is Centralized and LakeBTC 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. LakeBTC doesn't have a mobile app.

LakeBTC has 6 languages available, including English, Japanese, Brazilian Portuguese, French, Spanish and Swedish.

Company
User rating User rating 1 / 5 1 user review User rating 2.8 / 5 4 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 1 / 5
Trust Score How it works Trust Score 2.4 / 5 Trust Score 3.34 / 5

User rating

1 / 5 1 user review 2.8 / 5 4 user review

Cryptogeek rating

1 / 5 1 / 5

Trust Score

How it works
2.4 / 5 3.34 / 5

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.
LakeBTC is one of the oldest exchanges on the market. It had been found back in 2013 and it still has the Asian audience as the priority. The presence of different deposit types are making the exchange interesting for a starting traders. From another point of view the service is reported to be buggy from time to time and some complaints about the support service can be found over the internet. The company also provides the wallet alongside with the exchange, but it is a questionable decision to have both the exchange and the wallet with the same company. Unfortunately, it seems that LakeBTC has ceased its operations although there is no official statement to confirm that.

Founding Date

2013 2013

Country

Hong Kong China

Type

Centralized Centralized

Languages

No data English, Japanese, Brazilian Portuguese, French, Spanish, Swedish

Mobile app

- -

Full address

2F Bonham Centre 79-85 Bonham Strand, Sheung Wan Hong Kong SAR contact@gatecoin.com Suite 606, 231-1 Ludi Avenue, Kunshan, Jiangsu, China Postal Code: 215332

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.
Taker: 0.2%
Maker: 0%, if your past calendar month volume > 20,000 BTC.
0.02%, if volume > 15,000 BTC
0.04%, if volume > 6000 BTC
0.06%, if volume > 3000 BTC.
0.10%, if volume > 500 BTC.
0.15%, otherwise.
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.
LakeBTC is one of the oldest exchanges on the market. It had been found back in 2013 and it still has the Asian audience as the priority. The presence of different deposit types are making the exchange interesting for a starting traders. From another point of view the service is reported to be buggy from time to time and some complaints about the support service can be found over the internet. The company also provides the wallet alongside with the exchange, but it is a questionable decision to have both the exchange and the wallet with the same company. Unfortunately, it seems that LakeBTC has ceased its operations although there is no official statement to confirm that.
Founding Date Founding Date 2013 Founding Date 2013
Country Country Hong Kong Country China
Type Type Centralized Type Centralized
Languages Languages No data Languages English, Japanese, Brazilian Portuguese, French, Spanish, Swedish
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 Suite 606, 231-1 Ludi Avenue, Kunshan, Jiangsu, China Postal Code: 215332
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 Taker: 0.2%
Maker: 0%, if your past calendar month volume > 20,000 BTC.
0.02%, if volume > 15,000 BTC
0.04%, if volume > 6000 BTC
0.06%, if volume > 3000 BTC.
0.10%, if volume > 500 BTC.
0.15%, otherwise.

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.

LakeBTC trading volume is 10,626,207.0. The exchange has 12 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

0 10626207

Pairs

0 12

Coins

1 13

Fiat trading

-

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 0 Volume 10626207
Pairs Pairs 0 Pairs 12
Coins Coins 1 Coins 13
Fiat trading Fiat trading - Fiat trading
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
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 www.lakebtc.com

Twitter

@gatecoin @LakeBTC

Number of followers

7025 2064
Website Website gatecoin.com Website www.lakebtc.com
Twitter Twitter @gatecoin Twitter @LakeBTC
Number of followers Number of followers 7025 Number of followers 2064

Rating

User rating User rating 1 / 5 1 user review User rating 2.8 / 5 4 user review
Cryptogeek rating Cryptogeek rating 1 / 5 Cryptogeek rating 1 / 5

Cryptogeek summary

Gatecoin user rating is 1, based on 1 user reviews. LakeBTC user rating is 2.8, based on 4 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: 2.4 / 5
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Trust Score: 3.34 / 5
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On this page, you can compare Gatecoin with LakeBTC. 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. LakeBTC was founded in 2013 in China.

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.

Gatecoin is Centralized and LakeBTC 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. LakeBTC doesn't have a mobile app.

LakeBTC has 6 languages available, including English, Japanese, Brazilian Portuguese, French, Spanish and Swedish.