Gate vs SimpleSwap

Gate3.5/5

VS

SimpleSwap4.1/5

Feature	GateVisit	SimpleSwapVisit
Ratings
Our score	3.5/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	3.0	3.0
Security & trust	3.0	4.0
Asset selection	5.0	5.0
Ease of use	3.5	4.5
Support	3.0	4.0
Specs
Markets	Spot, Futures, Margin, Copy trading	Spot
Coins listed	4,900	2,800
Fiat deposit methods	Not disclosed	Card
KYC required	Not disclosed	No
Accepts US customers	Yes	Not disclosed
Proof of reserves	Yes	Not disclosed
Staking / earn	Yes	Not disclosed
Mobile app	Not disclosed	Yes
Licenses & registrations	Lithuania, Argentina, Malta, Italy, Gibraltar, Bahamas, Hong Kong	Not disclosed
Security features	Zero-knowledge technology, Verifiable user-asset reporting	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	Yes	No
Max leverage (x)	20	Not disclosed
Copy trading	Yes	No
P2P market	Not disclosed	No
Earn / savings products	Yes	Not disclosed
Referral program	Not disclosed	Yes
Company
Founded	2013	2018
Headquarters	Panama	—
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	4,800+ digital assets reported in June 2026 Gate US expanded spot access to 30 states Founded in 2013; 58M+ registered users reported in June 2026	No account registration required for standard crypto-to-crypto swaps Non-custodial model delivers converted assets directly to personal wallets Extensive catalog covering more than 2,800 cryptocurrencies Choice between fixed guaranteed rates and floating market rates
Cons	Main platform access is restricted in the United States and several other countries Centralized custody creates exchange counterparty and withdrawal risk Margin and futures products expose traders to liquidation Product availability varies by regional Gate entity	Built-in exchange spreads can exceed traditional spot order-book trading fees Transactions flagged by automated AML risk scoring trigger sudden KYC holds No order books, limit orders, futures, or margin trading Fiat purchases rely on third-party processors with separate fees and verification
Best for	High-volume altcoin traders, Multi-asset derivatives traders, API and quantitative traders	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

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