Gatehub is a UK-based cryptocurrency exchange established in 2014. This review covers its trading volume, supported cryptocurrencies, fee structure, and key features—helping you determine if it aligns with your crypto trading needs.
Gatehub Overview
- Founded: 2014
- Location: United Kingdom
- Trading Fee: 0.20% flat fee
- BTC Withdrawal Fee: 0.001 BTC
- Deposit Methods: Bank wire transfers (credit cards not supported)
Trading Volume and Liquidity
As of mid-2019, Gatehub’s trading volume lagged behind industry leaders. Low liquidity can result in wider spreads and slower order execution, making it less ideal for high-frequency traders.
👉 Pro Tip: For lesser-known altcoins, use alternative exchanges with broader selections.
Supported Cryptocurrencies
Gatehub focuses on major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). If you’re interested in small-cap or emerging altcoins, you may need to explore other platforms.
Fee Structure
1. Trading Fees
- Flat Fee Model: 0.20% per trade (no distinction between taker/maker fees).
Industry Comparison:
- Global average taker fee: 0.221%
- Global average maker fee: 0.178%
Gatehub’s fees are competitive for takers but slightly higher for makers.
2. Withdrawal Fees
- BTC Withdrawal: 0.001 BTC (nearly double the global average of 0.00053 BTC).
3. Deposit Fees
- Bank wire transfers incur variable fees (credit card deposits unavailable).
Geographical Restrictions
While U.S. investors aren’t explicitly banned, regulatory uncertainties may affect access. Always verify compliance based on your location.
Trading Interface
Gatehub provides a standard trading view featuring:
- Order book
- Price charts
- Trade history
- Buy/sell boxes
👉 Recommendation: Test the platform’s demo (if available) to assess usability before committing funds.
Pros & Cons
| Pros | Cons |
|---|---|
| Simple flat-fee structure | Low trading volume |
| Bank transfer deposits | High BTC withdrawal fees |
| UK-regulated | Limited altcoin support |
FAQs
1. Can U.S. investors use Gatehub?
Yes, but they should confirm regulatory compliance risks.
2. What’s the cheapest way to trade on Gatehub?
The 0.20% flat fee applies to all trades—no volume discounts.
3. Does Gatehub support credit card deposits?
No, only bank wire transfers.
4. Is Gatehub good for beginners?
Its simple interface suits beginners, but low liquidity may deter active traders.
5. How does Gatehub’s BTC withdrawal fee compare to others?
At 0.001 BTC, it’s nearly double the industry average.
Final Verdict
Gatehub is a decent choice for UK-based traders focused on major cryptocurrencies. However, its low liquidity and high withdrawal fees make it less attractive compared to top-tier exchanges.
For altcoin traders or high-volume investors, exploring alternatives may yield better fees and asset selection.