Gatehub vs Switchere: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Gatehub and Switchere This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

Gatehub

Switchere

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Available Countries

United States

yes

Europe

yes

Latin America

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India

yes

China

Canada

yes

United Kingdom

yes

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Canada

Yes

United Kingdom

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Gatehub is ideal if:

Best for managing XRP and key cryptos: If you regularly work with Ripple and other major coins in one place, GateHub’s wallet-to-exchange setup makes life seamless.
Great for beginners who value simplicity: The web interface is clean and intuitive, with built-in trading and strong security basics like 2FA and AES encryption.
Less suited if you want advanced features: If you're looking for margin trading, a wide altcoin range, or faster customer support, GateHub might feel limiting.

Switchere is ideal if:

Effortless fiat-to-crypto gateway – ideal if you want a no-fuss, speedy way to convert USD or EUR into crypto using cards or online banking, with funds delivered directly to your wallet.
Friendly for total beginners – offers a streamlined, intuitive platform that removes complexity, making it a welcoming entry point into crypto for new users.
Regulated and non-custodial setup – delivers peace of mind through legal compliance and ensures you retain control of your crypto by sending purchases straight to your own wallet.

Gatehub isn’t ideal if:

Limited altcoin variety: If you're seeking exposure to emerging or niche tokens, GateHub focuses on key cryptos and lacks a broad altcoin selection.
No advanced trading tools: Features like leverage, futures, or margin trading aren't available, limiting options for active or speculative traders.
Higher transfer friction: Users note relatively steep withdrawal and deposit costs, plus extra XRP requirements, which may weigh on frequent movers.

Switchere isn’t ideal if:

Limited crypto selection – if you're looking for a broad portfolio that includes niche altcoins, Switchere only offers a basic range of major tokens.
Premium pricing for convenience – the platform’s streamlined experience comes with higher-than-average purchase costs, which may deter budget-conscious users.
Browser-only access – no dedicated mobile app means you’ll need to navigate the platform via web browser on phones and tablets, which could affect convenience for on-the-go use.

Fees & Total Costs

Spot Maker/Take

GateHub uses a flat fee model for spot trades, applying the same rate to both maker and taker orders rather than tiered pricing; there are no volume-based discounts or native-token incentives for fee reduction.

Switchere primarily serves as a straightforward “buy crypto” service rather than a traditional exchange, so it doesn’t offer maker/taker fee tiers by volume or discounts for using a native token—it simply charges a built-in processing fee for every transaction.

Futures/Derivatives

GateHub does not support futures or derivatives trading, so there are no applicable maker, taker, or funding fees.

Switchere does not support derivatives or futures trading, so there are no maker/taker fees or funding rates to consider.

Average Spreads on Liquid Pairs

GateHub doesn’t publicly display real-time spreads, but given its limited market depth, you can expect spreads to be wider than on major exchanges with high liquidity.

There’s no transparent order book or spread data since you purchase directly via a widget; the cost is embedded in the exchange rate presented at time of purchase.

Fiat Deposits & Withdrawals

You can deposit via SEPA (EUR) or SWIFT international wire (USD), with SEPA usually processed in 1–3 business days and wires in 4–7 days; deposit fees vary, while SEPA deposits tend to be free.

You can pay using credit/debit cards, Apple Pay, Google Pay, SEPA/instant bank transfers—fees and processing speeds vary by method, and cashouts are not handled since crypto goes straight to your wallet.

On-chain Withdrawals

Withdrawal fees differ by network—BTC withdrawals incur a fixed fee (e.g., specified for BTC), while network-level fees apply to XRPL operations; GateHub uses fixed withdrawal fees for major chains but variable transaction costs for XRPL.

Switchere doesn’t charge separate withdrawal fees

Hidden Costs

GateHub’s potential hidden costs include locked XRP reserve that can’t be spent, fees for certain transfers (even within XRPL issued assets), and optional paid security services; currency conversion may include spread costs.

The platform clearly displays all fees before confirmation; there are no extra charges for inactivity, fast-track KYC, or currency conversions—you just pay the visible processing plus the network fee.

Real-World Cost Example: “€500 BTC

If you convert €500 to BTC, you face the flat trading fee, any spread, then withdraw BTC—so the total cost combines that fee plus the possibly larger-than-average BTC withdrawal fee, resulting in noticeably less delivered BTC than the purchase amount.

You’d see a single total cost that includes the platform’s processing fee and the blockchain cost—everything is bundled into the final euro-to-BTC rate shown at checkout.

Crypto Offering & Trading Features

Number of Coins & Pairs

GateHub supports over 16 cryptocurrencies, including more than half of the top 20 by market cap, and offers a broad range of trading pairs across fiat and crypto, enabling users to trade XRP-based IOUs versus major assets seamlessly.

Switchere supports over 180 cryptocurrencies, covering a wide variety of tokens from major coins to DeFi, GameFi, and utility assets; the most traded usually include Bitcoin, Ethereum, Tether, Solana, and Cardano.

Product Range

GateHub provides spot trading and integrated wallet services, and includes staking functionality—but it does not offer margin, perpetuals, options, ETFs, loans, copy trading, grid bots, or automated DCA features.

The platform focuses exclusively on spot purchases—there’s no margin, derivatives, options, ETFs, staking/earn programs, loans, copy trading, grid bots, or automated DCA services available.

Liquidity

GateHub’s liquidity is relatively thin compared to major exchanges, with low 24-hour trade volume and limited order book depth for BTC and ETH pairs, meaning larger orders may face noticeable slippage or slower execution.

As a fiat-to-crypto gateway rather than an order-book exchange, Switchere does not provide public 24-hour volume or order book depth metrics for BTC or ETH pairs.

Tools

You can place basic order types such as limit or market orders; GateHub includes an order book interface and basic charts, plus a public API, but lacks advanced features like stop orders, OCO, native TradingView integration, or real-time alerts.

There are no advanced order types like limit, stop, or OCO; nor are there alerts, in-platform charting tools, API/WS access, or native TradingView integration.

Geographic Restrictions by Product

GateHub focuses primarily on global spot access and wallet services, with no support for derivatives—thus, there are no region-specific limitations on complex products, simply a uniform lack of them everywhere.

While Switchere is broadly available across many regions, advanced trading tools simply don’t exist anywhere, so there are no geographic restrictions in that sense—everyone has the same (limited) functionality.

Innovation

GateHub offers staking as a way to earn rewards and is exploring flexible staking-like models, but it currently does not support launchpad/launchpool mechanisms or offer tiered locked-versus-flexible earning programs.

The platform currently does not offer launchpads, launchpools, flexible vs locked earn programs, or similar innovation-driven products—it remains strongly rooted in streamlined fiat-to-crypto simplicity.

Security, Regulation & Custody

Operating Entity & Jurisdiction

GateHub is operated by GateHub Limited, established in 2014 and headquartered in London, UK, where it carries out its core operations within the UK fintech regulatory environment.

Switchere is operated by SH EUROPE UAB (and services are provided by PayBis Poland Sp. z o.o.), with its legal foundation in Lithuania (HQ in Vilnius) and operations regulated under Estonian jurisdiction—creating a dual-layer structure that combines Lithuanian incorporation with Estonian oversight.

Licenses/Registration

GateHub requires users to complete Know-Your-Customer (KYC) verification before accessing certain services, though it does not promote specific VASP or MiCA registrations publicly—its compliance framework relies on standard KYC procedures relevant to its services.

The platform holds virtual currency service licenses from Estonia’s Financial Intelligence Unit, affirming legal compliance under EU standards for handling cryptocurrency exchanges and wallet operations.

Custody

GateHub provides a custodial wallet where users retain control over private keys, which are encrypted and hashed with strong algorithms; there’s no public proof of reserves or audit reports, and any cold reserve breakdown or PoR data is not openly disclosed.

Switchere operates as a non-custodial gateway—crypto assets are sent directly to your personal wallet rather than held under its control, with no public proof-of-reserves or cold storage disclosures, as it does not hold funds itself.

Insurance & Protection Funds

Through the optional Wallet Protect subscription (via Coincover), users can secure multisignature protection and theft insurance coverage up to $1 million per wallet—a paid security enhancement beyond basic account safety measures.

There are no publicized funds or insurance schemes to cover user balances, as the model avoids custodial risks by transferring all assets directly to users’ personal wallets.

Incident History

In 2019, GateHub suffered a cyber-attack affecting a small subset of accounts; encrypted access tokens were compromised, prompting re-encryption of sensitive data and user notifications, with no widespread fund loss reported.

To date, there are no widely reported hacks, suspension events, or major regulatory penalties associated with Switchere; it maintains a comparatively incident-free record.

Risk Controls

GateHub enforces mandatory 2FA for all accounts, lets users customize anti-phishing messages, offers account freezing in suspicious cases, and supports secure recovery and password practices, though it lacks sub-accounts or granular API permission tiers.

The platform employs industry-standard security measures—including SSL/TLS encryption, 3D Secure for card payments, and mandatory identity verification via AML/KYC—however, features like 2FA, whitelists, or granular API permissions are not prominently offered.

Transparency

The platform does not publish routine monthly audit reports or wallet addresses; however, its transparency lies in its responsible disclosure policy, bug-bounty program, and clear security guidelines, though formal SLAs and public wallet visibility are not provided.

Switchere provides clear upfront cost disclosures and limit tiers, but lacks public monthly transparency reports, publicly viewable wallet addresses, or guaranteed service-level agreements (SLA) for operations.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

GateHub allows fiat deposits via bank transfers (SEPA for EUR and SWIFT for USD), with minimums set at 10 EUR or 50 USD; no card or e-wallet options are supported, with processing times generally ranging from 1–3 business days for SEPA and 4–7 for SWIFT

You can fund purchases using debit or credit cards (Visa, Mastercard, Maestro), SEPA transfers, and even e-wallets like Neteller or M-Pesa, with typical deposit times ranging from 5 to 30 minutes depending on the method, and flexible per-transaction limits based on your verification level.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

GateHub mandates full KYC through an identity verification process (including video and document checks) before enabling fiat gateways—wallet use remains available without verification, but FIAT access is restricted until completion

There are tiered verification levels—basic (no documentation required) lets you transact up to around €700 monthly, ID/address verification raises limits to around €15,000, and adding proof of income unlocks effectively unlimited purchasing power.

Withdrawals

limits, timing, networks

Since Switchere operates as a non-custodial fiat-to-crypto service, there’s no direct “withdrawal” feature—instead, purchased crypto is instantly sent to your own wallet on relevant networks (e.g., ERC-20), subject only to the built-in blockchain fee.

Customer Support

GateHub offers 24/7 support via email along with a comprehensive knowledge base for instant help; while there’s no live chat advertised, support claims around-the-clock availability and timely responses via the support portal

Support is available around the clock via live chat and email, typically responding quickly, and is supplemented by an in-app FAQ/knowledge base to guide you through common questions and transaction flows.

Languages & Localization

The platform operates in English, displays pricing and fees in EUR or USD, and offers fiat services through EU/US rails; local regulatory adaptations (e.g., UK restrictions) affect fiat usage, signaling awareness of regional compliance needs

The platform supports multiple languages (including English, Spanish, French), displays prices in your local fiat (EUR or USD), and adjusts payment options based on your region to maintain regulatory compliance.

App Quality & Stability

GateHub’s app is updated regularly and integrates web-based wallet and market features, though specific metrics on crash rates or stability are not disclosed; the experience is generally smooth across major platforms, with continuous enhancements evident in release notes

Switchere offers a mobile app for both Android and iOS, noted for its simple, smooth interface; while user reviews suggest occasional crashes, it is regularly updated, providing a dependable experience for on-the-go users.

Experience, Performance & Ecosystem

UX/UI

GateHub features a straightforward interface built around its wallet-first design, keeping the learning curve gentle for newcomers, but it doesn’t offer separate Lite or Pro modes—every user interacts with the same streamlined trading panel and wallet dashboard.

The interface is clean and ultra-simple, with no “Lite/Pro” toggles—making it beginner-friendly, but potentially too basic for advanced users craving flexibility or customization.

Performance

The platform’s web-based performance stays reliable under normal conditions, though during high volatility or crypto surges, some users have reported slower processing and delays in order execution or identity verification, reflecting typical strain in peak times.

Transactions are generally smooth and fast, though during major market surges verification queues and payment processing can slow things down slightly for new users.

Education

GateHub does not provide a dedicated learning academy, demo simulator, or Spanish-language educational courses; users rely on its knowledge base and general support materials, mostly available in English and focused on functional guidance over structured tutorials.

There’s no formal academy, demo environment, or Spanish-language tutorials—Switchere keeps things minimal, relying on straightforward interface cues instead of built-in educational content.

Community

Beyond an official Telegram channel and its relatively low-traffic blog or channel posts, GateHub lacks active community forums, Discord groups, or built-in referral programs—user interaction remains limited to support tickets and general platform announcements.

While there’s no dedicated forum or Discord channel, a basic referral program encourages word-of-mouth growth; otherwise, community interaction happens through external platforms.

Integrations

The platform does not integrate with TradingView or external trading bots, but it supports tax-reporting services like Koinly, Cointelli, and CoinLedger via data export or API to ease accounting and crypto tax reporting.

The platform stands alone—there are no built-in integrations with TradingView, external bots, tax reporting tools, or accounting suites, keeping it simple but limited for advanced workflows.

Who Each One Is Best For

GateHub is best suited for users who want a combined wallet and basic spot trading experience on the XRP Ledger, especially those focused on XRP-based IOUs and wanting to bridge fiat and crypto in one place—less ideal for advanced traders or those needing rich integrations.

Switchere is best suited for newcomers or occasional buyers looking for a fast and hassle-free fiat-to-crypto purchase experience—professionals who want powerful tools or automation might find it too bare-bones.