Is Gate.io Available & Licensed In The United States?
Mike Harry
Feb 2024
2 min to read
Fact checked
Summary: Gate.io is a global cryptocurrency exchange that is available in over 180 countries but unfortunately not in the United States. If you're looking for a US-regulated exchange to buy and sell cryptocurrencies, we recommend FinCEN-regulated eToro and Uphold. These are safe and regulated exchanges that offers 100s of cryptocurrencies and is perfect for beginners in the United States!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Is Gate.io available in the US?
Gate.io is a global cryptocurrency exchange founded in 2013 by Lin Han in the Cayman Islands. The exchange boasts a diverse service range, such as spot trading, margin trading, futures, and options trading.
Is Gate.io available in the US?
With support for over 1,500 cryptocurrencies, including prominent ones like Bitcoin and Ethereum, it serves a vast user base of over 12 million, primarily in Europe and Asia.
Furthermore, the Gate.io mobile app, available on Android and IOS, has been downloaded more than a million times and maintains a strong 4.4-star rating from over 40,000 reviews.
Gate.io app
Gate.io operates in over 180 countries but has restrictions in the United States and Canada, and limited product offerings in the UK, France, Netherlands, Germany, and Italy.
At the time of writing, Gate.io is not available in the United States as the exchange has not received the appropriate licenses to operate in the country.
The exchange is not registered with the Financial Crimes Enforcement Network (FinCEN) and does not have a license to operate in the US. As a result, US citizens and residents are not allowed to use the exchange and are unfortunately IP restricted from accessing the platform.
Can I use Gate.io in the US?
Gate.io introduced KYC (Know Your Customer) requirements for all users on May 2023. This means that all new and existing users are required to go through the identity verification process.
Previously it was possible for American users to use a VPN and bypass the IP restrictions in order to trade on Gate.io.
Since the introduction of KYC for all that is no longer possible as citizens of the United States won't be able to complete the KYC verification.
For Americans that wish to use a safe and FinCEN regulated exchanges to invest in 100s of digital assets, we recommend signing up to eToro or Uphold.
With these beginner friendly platforms, Americans can quickly and safely deposit funds in order to invest in cryptocurrencies.
Users can also deposits USD via bank transfers free of charge with the likes of Chase, Citibank, Capital Bank, Wise, Affirm, Chime and other banking institutions.
Why Is Gate.io banned in the US?
Gate.io is not available in the United States due to regulatory restrictions. The US government has strict regulations on cryptocurrency exchanges, and Gate.io is not able to comply with these regulations. Gate.io blocks US citizens from using their products and services because of this reason.
Gate.io US customers
Gate.io is a global cryptocurrency exchange that was founded in 2013 and offers over 1,500 cryptocurrencies and low trading fees.
The exchange offers a wide range of services, including spot trading, margin trading, futures trading, lending and low withdrawal fees.
And as mentioned previously, unfortunately, Gate.io is not available to US customers at the time of writing. This could of course change in the future assuming Gate.io can secure a FinCEN license.
Gate.io Banned Countries
Below are the countries that are banned from using Gate.io:
United States
China (Mainland)
Cuba
Sudan
Syria
Iran
North Korea
Venezuela
Pakistan
Crimea
If you are a citizen or resident of one of these countries, you will not be able to create an account or trade on Gate.io.
Does Gate.io work in the United States?
Gate.io does not work in the united states as there are both IP and KYC restrictions that do not allow US citizens to access the platform.
This means that Americans, even if they use VPNs to hide their IP, won't be able to trade as KYC verification requires revealing citizenship.
Is Gate.io legal in the US?
While Gate.io is a safe exchange that has been operating for over 10 years without any major incidents or controversies, it is not regulated in the United States.
Even though Gate.io is not regulated in the United States, it's still a safe exchange to use for citizens of other countries.
For users in the United States however, recommend beginner friendly and regulated platforms like eToro and Uphold.
Is Gate.io safe to use?
Even though Gate.io is an offshore exchange that is not regulated in the United States, it is safe to use and has been operating without any major issues for over 10 years.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
