Source: Gate

Since the official launch of the Gate Card cryptocurrency payment card in 2023, Gate Group has been continuously deepening its presence in the global cryptocurrency payment field and expanding to more countries and regions. Currently, this business has officially expanded to the Argentina region. To address the long-standing inflation pressure in the Argentina region, Gate Group officially launched the Gate Card Silver cryptocurrency card designed for Argentine users on March 10th. The card is based on the globally renowned Mastercard payment network and supports users to make consumer settlements at 80 million merchants worldwide through various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), USDT, etc. The system will instantly convert the cryptocurrency to Argentine Peso (ARS) to provide users with a convenient and secure payment experience.

Product Highlights

Global Spending Support: Leveraging the robust Mastercard payment network, Gate Card Silver supports online and offline payments at over 80 million merchants worldwide. Whether shopping at a local store or on globally recognized e-commerce platforms, users can enjoy a seamless payment experience.

Multi-Currency Payments: The card supports over multiple cryptocurrencies, including BTC, ETH, USDT, etc. Users can flexibly choose the most suitable cryptocurrency for payment based on their asset allocation, simplifying the cryptocurrency usage process.

No Additional Fees: Gate Card Silver completely waives card application fees, monthly fees, and annual fees, aiming to provide users with an efficient and economical payment method. Users can enjoy global shopping without worrying about additional fees.

No Manual Recharge Required: The card does not require manual recharging. When users use the card for consumption, it can directly deduct assets from the Gate account, reducing the cumbersome recharge steps and providing users with a more worry-free payment experience.

Digital Wallet Integration: The card supports integration with mainstream digital wallets such as Mercado Pago, making it convenient for users to complete payments anytime, anywhere. This feature further enhances the convenience and flexibility of payments.

Instant Application, Instant Use: Upon successfully applying for a virtual card, users can immediately use it without waiting for a physical card to be mailed. The system will automatically convert cryptocurrency to the local fiat currency to ensure a smooth and efficient payment process.

Spending Rewards: Every transaction will accumulate points, and users can choose from various reward cryptocurrency options such as BTC, ETH, USDT, GT, based on their preferences. With a flexible points management system, users can optimize their asset allocation, making every transaction more valuable.

Hedging Against Inflation: By holding cryptocurrency instead of the local fiat currency, users can effectively hedge against the asset depreciation risk caused by inflation. During spending, the system will automatically convert cryptocurrency to the local fiat currency to maintain asset value stability.

Rich Activities and Benefits: The card will also launch a series of benefits including friend referral programs, spending promotions, and co-branded activities. Users can participate in community events to earn more rewards while enjoying payment convenience.

The Gate Card Silver is suitable for various payment scenarios such as daily shopping, online payments, and global travel, seamlessly and securely converting digital currency to fiat currency, enriching the practical use cases and experiences of cryptocurrency in users' lives. The launch of Gate Card Silver is a significant step for Gate Group to expand its global payment business. In the future, Gate Group will continue to provide innovative cryptocurrency financial services to global users, driving the development of global crypto payments.

About Gate Group

Founded in 2013, Gate Group is a pioneer in the cryptocurrency industry. Its subsidiary, Gate.io, has quickly grown to become one of the world's earliest and most well-known cryptocurrency exchange platforms, with over 21 million users, maintaining a stable position as a TOP4 player in the industry.

Disclaimer – Gate Card Argentina

According to the regulations of the Central Bank of Argentina (BCRA), Gate does not act as a financial intermediary or payment service provider (PSP) and does not engage in any activities limited to such entities under the applicable regulatory framework. The Gate Card is not a credit card, debit card, or payment card and does not support installment payment features. This card is not issued under the terms of Argentina's Credit Card Law No. 25.065. When using the Gate Card, the system will directly deduct the equivalent cryptocurrency from the user's Gate.io wallet, and Gate does not process any fiat transactions related to this card.

This article is a contributed piece and does not represent the views of BlockBeats.

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