Gate.io's new feature - Push, allows peer-to-peer crypto transactions and trading. Through Push, users are able to trade directly with each other on their own terms, which makes crypto trading easy and convenient. Once a transfer is made, no further confirmation or verification is required. For safety reasons, users must make sure that the transfer quantity and total payment are filled in correctly before confirming the transfer.
How to conduct transactions using Push (on website)
1.Log into your Gate.io account. Click "Wallet" - "Classic Account" - "Spot Account" to enter your classic account. Then click "Push Transfer" on the top-right corner of the page.
2.Click on "Create Push". Enter the recipient's UID and Peer Account (the recipient’s phone number or email). Choose which currency you want to transfer and its quantity in "Transfer Qty". Fill in the price and choose which currency you want to be paid in under "Quote (total payment)". When all boxes are filled in correctly, click "Confirm Transfer".
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3.After clicking on "Confirm transfer", a window (as shown below) will pop up asking you to confirm the transaction information. Click on "Confirm". Then enter your fund password, Google verification code and another verification code you receive through SMS.
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4.When the transfer is completed, you will be able to view all details of the transaction in "My Transfer". If you want to cancel a transaction, click "Cancel" under "Action". Once this action is taken, funds will be frozen and returned to your account..png)
5.The recipient can view transaction details in "Transferred To Me", where the recipient can choose to accept or reject a transfer. If the recipient rejects the transfer, the funds will be returned to the sender's account. .png)
Push handling fee: 0.2%
Note:
Double check the recipient's UID and account info to avoid transferring funds to the wrong recipient. Double check transfer quantity and quote to avoid unintended loss.
