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Saturday, December 2, 2023

Gokumarket.com Exchange Review: It Is Legit & Secure Exchange

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About Gokumarket.com

Gokumarket.com is a cryptocurrency trade registered in Hong Kong. It has been up and strolling due to the fact November 2019. Its number one markets are France, Czech Republic, Sweden, Norway, Denmark, Iceland, Thailand, Japan, Vietnam and Ecuador, so pretty a mixture there united states of america wise. The platform is likewise certified in Europe.

On thirteen February 2021 while they first posted this review, Gokumarket Exchange had a 24-hour buying and selling quantity of USD 30.eight million, consistent with the records from Coinmarketcap. On the date of ultimate updating this review (22 September 2021), GokuMarket’s 24-hour buying and selling quantity became USD 177.five million. This 24-hour buying and selling quantity is pretty decent, and the growth over the past 7 months (nearly 500%) is certainly noteworthy.

Basic Information

Exchange NameGokumarket.com
Exchange TypeCryptocurrency
Withdraw Fee0.001 BTC
Deposit FeeFree
Maker Fee0.15%
Taker Fee0.15%
Maker Fee24/7
Top CountryIndia
Website Homepage

How To Sign Up & Start Trading

You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

GokuMarket Trading fees

Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Normally, exchanges distinguishes between takers and makers. Takers are the one who “take” an existing order from the order book. Makers are the ones who add orders to the order book, thereby making liquidity at the platform.

At GokuMarket, the standard trading fees are 0.15% for takers and the same (i.e., no discount) for makers. 0.15% is in line with, or even slightly below, the global industry averages for centralized exchanges. Industry averages have historically been around 0.20-0.25% but they now see new industry averages emerging around 0.10%-0.15%. According to the latest empirical study on the subject, the industry average taker fees were 0.217% and the industry average maker fees were 0.164% (for spot trading). Consequently, GokuMarket’s fees are well below both of these industry averages.

You can also receive discounts on these trading fees if you are “active” on the platform. We have had difficulties in understanding how activeness is measured, but we assume that it has to do with your trading volume. The exact trading fee discounts are set out in the below table, although the table is missing many details they normally see in these types of table (for instance

Instant Buy & SellConvertClassicAdvancedThird-party Payment


GokuMarket Withdrawal fees

GokuMarket charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. This fee is far above the industry average, as the industry average according to the only empirical study performed on the subject that they know of, this one, is 0.00064 BTC per BTC-withdrawal.

Deposit Methods

GokuMarket lets you deposit assets to the exchange in many different ways, through wire transfer, debit card, and also by just depositing existing cryptocurrency assets. Fiat currency payments/deposits are possible in the following fiat currencies: EUR, USD, INR, GBP, RUB, UAH, TRY, KZT and BRL.

Seeing as fiat currency deposits are possible at this trading platform, GokuMarket qualifies as an “entry-level exchange”, meaning an exchange where new crypto investors can start their journey into the exciting crypto world.

GokuMarket Mobile Support

Most crypto traders feel that desktop give the best conditions for their trading. The computer has a bigger screen, and on bigger screens, more of the crucial information that most traders base their trading decisions on can be viewed at the same time. The trading chart will also be easier to display. However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. Fortunately for them, GokuMarket is available as mobile applications for both Android and iPhone users (the below picture is from the AppStore).

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Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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