How to Withdraw Crypto from Gate.io

Even if you’re a seasoned trader or just starting your crypto journey, there comes a time when you want to withdraw your crypto from Gate.io to a more secure wallet. Withdrawing funds from an exchange like Gate.io may seem tricky, but it’s a crucial step in managing your digital assets, especially if you want to keep them secure and protected or if you plan on “cashing out” from crypto to fiat currencies in the future.

In this how-to withdraw money from Gate.io guide, we will help you understand the steps to transfer your digital assets securely from Gate.io to your ZenGo wallet.

How to Withdraw Crypto from Gate.io to Zengo

Step-by-step guide

Before proceeding with the withdrawal process, ensure that your ZenGo wallet is ready to receive the cryptocurrency. If you don’t have a ZenGo wallet yet, you can quickly set it up from your mobile device. It’s a simple process that takes only a few minutes, after which you’ll have a secure, Web3-ready, non-custodial wallet at your fingertips. ZenGo is committed to security and utilizes advanced MPC technology and biometric facial ID software to protect your digital assets, ensuring no vulnerabilities or weaknesses associated with private keys.

Once you’ve properly set up your Zengo crypto wallet app, you’re ready to transfer funds to it. To withdraw crypto from Phemex and send it to ZenGo, follow these steps:

Step 1

Log into your Gate.io account to access your funds. Use your unique credentials to log in securely. Please always remember to double-check the website’s URL to prevent any potential phishing attempts.

Step 2

Once logged in, navigate to your account dashboard. Here, you’ll find several options related to your account and trading activities. Look for the “Wallets” tab in the lower navigation bar, and click on “Withdraw” from the drop-down menu.

Step 3

On the withdrawal page, you will see a list of available cryptocurrencies in your account. Select the one you wish to withdraw. Make sure your desired token is supported by ZenGo.

Step 4

Next, you’ll need to enter the amount you wish to withdraw, along with your ZenGo wallet address. This is a unique string of characters that represents the destination for your digital assets. You can find this address in your ZenGo wallet app. Make sure you copy the exact address without any alterations or use the QR code instead.

Step 5

Once you’ve entered the withdrawal details, review the information to make sure it’s accurate. If everything looks correct, enter your fund password and Google verification code, then click on the “Confirm Withdrawal” button to submit the withdrawal request.

How to check that the crypto arrived in your Zengo app?

If you wish to check whether or not your funds have arrived, open the Zengo app and check the main balance screen. For more details, click on the “History” tab to see your recent transactions.

Keep Your Crypto Safe and Secure With Zengo

Zengo is a Web3-ready non-custodial crypto and NFT wallet that delivers industry-leading security, functionality, and user experience. Zengo is the ultimate platform for buying, storing, managing, and swapping cryptocurrencies while maintaining maximum safety and security.

Next-Gen Digital Asset Security

Zengo provides industry-leading digital asset security. It uses biometric facial recognition and MPC technology to ensure that you alone can access and recover your digital assets. On top of that, it features Web3 firewall protection, which adds an extra layer of security when you interact with external Dapps.

100% Self-Custody & Fiat Onramp Services

Unlike other platforms that dictate how and when you access your digital assets, Zengo offers complete self-custody. You maintain total and exclusive control over your crypto funds and NFTs. In addition, Zengo’s seamless fiat onramp options enable you to diversify your portfolio effortlessly.

24/7 Real Human Customer Support

If you have any issues while using Zengo or need a helping hand with something, we have a team of support agents ready to help. You won’t have to worry about interacting with bots when you contact us. Our team of friendly customer support representatives is available 24/7, ready to assist with any inquiries or issues you may face.

How to Withdraw Crypto From Zengo’s Wallet

Zengo makes it easy to withdraw funds to another wallet or cash out in fiat. To withdraw to another wallet, simply open the app, select “Actions,” and tap the “Send” button. Next, decide whichever cryptocurrency you want to withdraw and specify the amount. Finally, enter the receiving address and check everything is correct before you confirm the withdrawal.

Zengo also lets you withdraw crypto in the form of fiat currency, including USD, GBP, and EUR. Just navigate to the “Actions” menu, click “Sell,” choose the crypto you wish to withdraw and the fiat currency you want to receive, then enter the amount before confirming. Your funds will then be transferred to the bank account connected to your Zengo wallet.

Something's unclear?

Frequently asked questions

Below are answers to frequently asked questions related to cryptocurrency withdrawals from Gate.io.

What is Gate.io?

Gate.io is one of the biggest and most popular cryptocurrency exchanges, boasting the biggest selection of cryptocurrencies for its users to buy and sell. It was founded in 2013 in China by Lin Han and is among the oldest Chinese crypto exchanges. In 2020, Gate.io launched its own token, entitled GateToken.

Gate.io Vs. ZenGo Comparison: What Are The Main Differences?

The key difference between Gate.io and ZenGo is that Gate.io is a Chinese-based centralized exchange that also offers Web3 capabilities, while ZenGo is a non-custodial NFT and crypto wallet that is Web3-ready and which puts a great deal of focus on protecting its users’ investment and empowering them to have control over their digital assets.

Gate.io Withdrawal Fees Explained

Gate.io charges varying withdrawal fees on a coin-by-coin basis. The amount you pay will therefore depend on which kind of crypto you’re attempting to withdraw. You can get more up-to-date info here.

Gate.io Withdrawal Limits Explained

Gate.io has very high withdrawal limits in general; however, as of the end of May 2023, new users are limited to $100,000 USDT for their first withdrawal. Accounts that pass the KYC1 checks can withdraw up to $2 million USDT, while those that pass the KYC2 check have a $5 million limit. You can find more up-to-date information here.

How Long Does it Take to Withdraw from Gate.io?

Typically, it can take anywhere from half an hour to a few hours to withdraw cryptocurrencies from Gate.io. However, the precise amount of time for each withdrawal will vary depending on the blockchain used.

Problems That Can Occur Regarding Crypto Withdrawal from Gate.io

There are a few common problems that may arise when withdrawing from Gate.io, especially if you’re not careful. If you enter the wrong amount or the wrong destination address, for example, the withdrawal may go bad. A more serious mistake is if you select an incorrect blockchain network for your money to be sent, which could lead to it being lost forever. That’s why it’s wise to always verify each withdrawal before confirming it. Gate.io may require KYC for withdrawals, which can be problematic for users who prefer to keep their privacy when interacting with centralized crypto platforms.

How to Withdraw Crypto to Fiat on Gate.io?

At the time of writing (May 2023), Gate.io does not currently offer any option for withdrawing fiat currencies. So, if you want to withdraw into fiat, you’ll need to first withdraw your crypto from Gate.io to a separate platform or secure wallet, like ZenGo, and then make a second withdrawal from there into fiat.

How to Withdraw Crypto from Gate.io