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Gate.io Withdrawal Methods & Limits

Publisher

January 28, 2024
Gate.io Withdrawal Guide

Gate.io Withdrawal options

Gate.io, a leading cryptocurrency exchange, offers diverse withdrawal methods including Crypto withdrawals and Fiat withdrawals in select regions, supporting currencies such as EUR, GBP, and AUD.

For Crypto withdrawals, Gate.io offers a vast selection of over 1700 cryptocurrencies, including popular ones like USDT, BTC, XRP, ETH, and EOS. The platform supports various crypto/blockchain networks such as ERC20, XRP, BTC, EOS, TRC20, MATIC, BSC (BEP20), Arbitrum, Optimism. Users can seamlessly withdraw funds through a wide range of supported networks like USDT-Solana, USDT-Tron/TRC20, USDT-Polkadot, and many others.

For a comprehensive exploration of the Gate.io platform, delve into our in-depth review review.

 

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Gate.io Crypto Withdrawal Methods

Gate.io offers a broad array of supported coins, encompassing popular options like USDT, BTC, XRP, ETH, and EOS. Notably, users can utilize various crypto/blockchain networks, including ERC20, XRP, BTC, EOS, TRC20, MATIC, BSC (BEP20), Arbitrum, and Optimism, ensuring flexibility and compatibility with different assets.

 

Fiat Withdrawal Methods

Gate.io facilitates Fiat withdrawals through Bank Transfer powered by Banxa, MoonPay, or Coinify offering users in selected regions a convenient means to sell their cryptocurrencies.

The platform supports an array of fiat currencies, including AUD (Australian dollar), CAD (Canadian dollar), CZK (Czech koruna), DKK (Danish krone), EUR (Euro), GBP (Pounds sterling), HKD (Hong Kong dollar), NOK (Norwegian krone), PLN (Polish zloty), RUB (Russian ruble), SEK (Swedish krona), TRY (Turkish lira), USD (US dollar), INR (Indian rupee), JPY (Japanese yen), UAH (Ukrainian hryvna), NGN (Nigerian naira), KES (Kenyan shilling), ZAR (South African rand), GHS (Ghanaian cedi), TZS (Tanzanian shilling), UGX (Ugandan shilling), and BRL (Brazilian real).

Users have the flexibility to exchange fiat currencies not limited to their country’s currency. However, this is on the condition that the third-party service provider’s acceptance of your KYC. It’s advisable to verify this with the chosen service provider for more details.

While engaging in Fiat withdrawals, users may incur trading fees from service providers like Banxa, Moonpay, and Coinify. For precise information on these fees, users are encouraged to consult the official websites of each service provider.

 

Withdrawal Fees

Crypto Withdrawal Fees

Gate.io prioritizes user convenience by eliminating fees for internal transactions.

When utilizing the blockchain for withdrawals, the platform maintains a transparent approach by aligning gas fees with the specific blockchain’s requirements.

For more information on withdrawal fees, please visit the withdrawal fee page on Gate.io as shown in the image below.

it’s important to note that occasional real-time fee adjustments may occur, prompted by dynamic network conditions. Gate.io values user awareness and provides the latest fee rates on the withdrawal page, empowering users to stay informed about any changes in the fee structure.

The table below represents withdrawal fees for USDT on various blockchain networks, indicating fees for each network and specifying whether the USDT address is matched to a network or not. Users are advised to ensure the compatibility of the USDT address with the intended network on the receiving platform for successful transactions.

Crypto Network Fee (in USDT)
USDT-Solana ≈ 0.500
USDT-Tron/TRC20 ≈ 1
USDT-Polkadot ≈ 0.500
USDT-KAVA EVM ≈ 0.500
USDT-Kusama ≈ 0.500
USDT-Optimism (Bridged) ≈ 0.500
USDT-Arbitrum One ≈ 0.666
USDT-EOS Unmatch ≈ 0.0500
USDT-Algorand Unmatch ≈ 0.500
USDT-AVAX C-Chain Unmatch ≈ 0.500
USDT-GateChain/GRC20 Unmatch ≈ 0.500
USDT-Polygon Unmatch ≈ 0.500
USDT-Near Unmatch ≈ 0.500
USDT-Tezos Unmatch ≈ 0.500
USDT-BSC/BEP20 Unmatch ≈ 1
USDT-ETH/ERC20 Unmatch ≈ 7.64

 

Fiat Withdrawal Fees

Gate.io provides users with the convenience of fiat withdrawals through various channels, including MoonPay, Banxa, and Coinify. While Gate.io acknowledges that most service providers may impose trading fees, it emphasizes transparency by directing users to check the official websites of each service provider for accurate and up-to-date information on associated costs. This approach ensures that users have access to the latest details regarding fiat withdrawal fees and can make informed decisions when utilizing Gate.io’s fiat withdrawal channels.

 

Withdrawal Limits

The withdrawal limit on Gate.io represents the maximum amount of cryptocurrencies a user can withdraw within a 24-hour period, encompassing transactions to external wallets, GateCodes, push transactions, and other methods. Users can conveniently check their 24-hour withdrawal limit by visiting the withdrawal page on the Gate.io web platform and selecting the desired cryptocurrency and network.

Understanding and keeping track of withdrawal limits ensures a secure and transparent experience for users engaging in cryptocurrency transactions on Gate.io.

For more on withdrawal limits, read the Deposit & Withdrawal limit guide on the official Gate.io platform.

 

Gate.io Tier-based Withdrawal Limits

Gate.io offers tiered withdrawal limits based on the user’s verification level, providing flexibility and options to meet varying needs. Initial accounts have a withdrawal limit of 100,000 USDT within a 24-hour period, while higher verification levels, such as KYC3, enjoy an increased limit of up to 8,000,000 USDT.

These limits are applicable across on-chain withdrawal, push transfer, and GateCode transactions, ensuring a seamless and secure withdrawal experience for users. It’s important to note that the withdrawal limit is shared among all withdrawal channels, and the new limit operates on a 24-hour net withdrawal basis.

Verification Level Withdrawal Limit (24 hours) Applicable Channels
Initial 100,000 USDT On-chain withdrawal, Push transfer, GateCode
KYC1 2,000,000 USDT On-chain withdrawal, Push transfer, GateCode
KYC2 5,000,000 USDT On-chain withdrawal, Push transfer, GateCode
KYC3 8,000,000 USDT On-chain withdrawal, Push transfer, GateCode

 

Additional Notes:

– The withdrawal limit is shared among all withdrawal channels

– The new withdrawal limit operates on a 24-hour net withdrawal basis

– The 24-hour deposit amount can contribute to an increase in the withdrawal limit, with only deposits of mainstream coins considered

– The withdrawal limit resets daily at 15:00 UTC

 

Gate.io Crypto Withdrawals: Step-by-Step Guide

Step 1: Login, Set up Google 2-FA, and Navigate to your “Wallet”

Visit Gate.io’s official page, log in or sign up to get started.

Completing the Google 2-FA is a prerequisite before initiating the withdrawal process.

Initiate the setup of your Google 2-FA by clicking on your profile icon, then navigating to security settings, as illustrated below.

 

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Download and install the “Google Authenticator” app on your Android or iPhone to ensure mandatory 2-Factor Authentication (2-FA) for your Gate.io Asset wallet.

 

 

To proceed with the withdrawal process, access the withdrawal section by clicking on Wallet -> Funds Management -> On-chain or Internal Withdrawal button.

Users can choose between on-chain withdrawal and internal transfer when transferring cryptocurrencies on Gate.io. Internal transfers are categorized into two options: Phone/Email/Fate ID and GateCode.

Note that GateCode internal transfer is not available to all regions. Ensure to check the availability based on your location before selecting this option.

After completing the step-by-step guide on on-chain crypto withdrawal, we’ll delve into the specifics of internal transfer methods.

 

Step 2: Choose Cryptocurrency and Network

Choose your preferred cryptocurrency from the list, including options like USDT, BTC, XRP, ETH, and EOS.

Select the desired network for the transaction; note that available networks may vary based on the previously chosen coin, such as ERC20, XRP, BTC, EOS, TRC20, MATIC, BSC (BEP20), Arbitrum, and Optimism.

Double-check that the receiving platform supports the selected network to ensure a smooth transaction process.

 

Step 3: Confirm Details and Withdraw

Input the receiving wallet address or access saved/whitelisted crypto wallet addresses through “Address Management.”

Specify the desired withdrawal amount.

Review and confirm all details, including the available amount in your spot account, remaining daily limit, withdrawal fee, and the amount to receive.

Click “Withdraw.”

Finalize the withdrawal process by entering security verification details such as email, SMS, and 2FA as required.

Note: Subsequent information below pertains to internal crypto withdrawal on Gate.io.

 

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Phone/Email/Gate UID [Internal Transfer]

To initiate a [Phone/Email/Gate UID] internal transfer, users are required to provide the following details:

1. Cryptocurrency to withdraw which can be any of the trending coins, such as USDT, ETH, or BTC.

2. Recipient’s account information (email, phone number, or Gate UID)

3. Withdrawal amount and confirm the accuracy of the provided information. Notably, internal transfers boast the advantage of zero trading and withdrawal fees, enhancing cost-effectiveness for users.

4. Once satisfied with the entered details, proceed by clicking the “Send” button to complete the internal crypto withdrawal transaction securely.

 

GateCode Internal Crypto Withdrawal

GateCode: is a seamless Internal Crypto Withdrawal Method.

Choose from the trending coins, including popular options like USDT, ETH, or BTC, as part of the GateCode internal withdrawal process.

Enter the desired amount you wish to withdraw through GateCode, ensuring a hassle-free and efficient transaction.

 

Important Note:

Users can opt for GateCode as an internal transfer method on Gate.io, benefiting from zero trading and withdrawal fees. However, it’s crucial to note that Gate.io does not support GateCode trading. Therefore, users are strongly discouraged from engaging in trades with strangers through this platform.

For a secure and informed trading experience on GateCode, it is highly recommended to consult the GateCode guide. This guide provides valuable insights on conducting transactions safely. To prioritize user safety and awareness, it is essential not to trade with strangers, and if GateCode is purchased from someone else, users should request the front part of the code, validate, and lock it before making any payments. Under no circumstances should the code be disclosed to others.

Embrace the simplicity of GateCode for seamless and fee-free internal crypto withdrawals on the Gate.io platform, while adhering to best practices for user safety and awareness.

 

Gate.io Fiat Withdrawals: Step-by-Step Guide

Step 1: Visit the Fiat Withdrawal Page

Please note that you can only proceed with fiat withdrawal or sale if your region supports this feature.

Access your Gate.io account after completing KYC1 and select “Buy Crypto – Bank Transfer” from the homepage, then select “Sell Crypto” to proceed.

 

Step 2: Select Crypto to Sell , Fiat Currency to receive, and Payment Channel

Choose the cryptocurrency you wish to sell, specify the desired amount, and select the fiat currency you intend to receive. Subsequently, opt for the payment channel based on the estimated unit price. For instance, if you plan to sell approximately 0.04 BTC and receive EUR through Banxa.

Before proceeding, carefully review the Disclaimer. Click “Continue” once you have read and understood the Disclaimer.

To execute a successful crypto sale, convert your cryptocurrency to USDT. Failure to convert BTC or other non-USDT cryptocurrencies before the withdrawal process will result in the appearance of USDT in your Gate.io spot wallet. Read the Important Notice and click “Next” to initiate the conversion of your crypto to USDT.

If you initiate the process by selling USDT, you can proceed directly without the need for this crypto conversion step.

 

Step 3: Add Bank Account and Request Withdrawal

Proceed to the Third-Party page to finalize your purchase. Follow the steps carefully:

If you’re a new user on Banxa, submit the necessary verification; otherwise, you can skip this step.

Provide your bank details and proceed.

Allow some time for your order to be processed.

Once your order is completed, you can review it by clicking on “Order History.”

 

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Summary:

Gate.io, facilitates a comprehensive withdrawal experience, offering users access to over 1700 cryptocurrencies and diverse crypto/blockchain networks. The platform ensures transparency in fee structures, provides tiered withdrawal limits based on verification levels, and extends fiat withdrawal options through Bank Transfer with Banxa, MoonPay, or Coinify, reinforcing its commitment to user-focused excellence and reliability in the cryptocurrency space.

 

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