Gate.io Review: Fees, KYC, local currency and P2P
A review of Gate.io, one of the leading crypto exchanges. Rates for popular trading pairs and crypto trading tools: spot trading, P2P. The exchange's trading fees and limits.
24h volume, $
1,743,034,284
Liquidity score
754
Fiat on-ramp
Maker
0.2%
P2P trading with local currency on Gate.io
Gate.io supports a P2P market with local currency (AED) via Gate P2P. For local users this is the main way to deposit and withdraw fiat — direct deposits with a local card are unavailable.
AED support
local payment systems and instant bank transfers via Gate P2P
Zero P2P fee
0% for both sides of the trade
KYC required
P2P is available after verification
Speed
A typical trade takes 5–15 minutes
KYC and verification on Gate.io
Verification has been mandatory on Gate.io since 2023: without it, trading, withdrawals and P2P are unavailable. Levels:
LevelRequirementsAccess/limits
No KYCView onlyTrading, withdrawals and P2P unavailable
KYC‑1Passport + detailsTrading, crypto withdrawals, P2P
KYC‑2Additional confirmationIncreased withdrawal limits
Reviews and verdict: is Gate.io worth using?
Pros
- Works in your country, local-currency P2P with a 0% fee
- A huge selection — 2,400+ coins, early listings and IEOs
- Low fees: spot from 0.1% (lower with the GT token)
- Futures up to 100x, copy trading, bots, a demo account
- One of the oldest exchanges — operating since 2013
Cons
- Verification (KYC) is mandatory — nothing is available without it
- No direct deposits with local cards — only via P2P
- Some users find the interface and support inconvenient
Bottom line: Gate.io is a market veteran with a huge selection of coins and commission-free local-currency P2P, available to local users. The downsides are mandatory KYC and the lack of direct deposits with a local bank card (P2P only).
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