According to a press release, Gate.io, one of the earliest and largest cryptocurrency exchanges in the world, has launched Gate Pay, the industry's top cryptocurrency-based payment solution.


The exchange is confident that cryptocurrency will quickly gain widespread acceptance and turn into a common form of payment. The exchange is introducing Gate Pay to provide businesses and individuals with access to the Web 3.0 lifestyle through its crypto-based payment system.

Realizing Web3's potential

Gate.io created the free, highly secure payment system known as Gate Pay. Users will have access to a more user-friendly way of paying for goods and services with cryptocurrency, while merchants will be able to start accepting cryptocurrency using business-friendly technologies.


The tool currently accepts payments from over 20 cryptocurrencies, and it has hopes to add 100 more in the future.

What it does

Merchants can utilise the tool by incorporating it into their physical and online stores, or by launching it on the Gate MiniApp dApp platform, a third-party dApp platform that is fully linked into the Gate.io ecosystem. Dr. Lin Han, the CEO and founder of Gate.io, said:


The next step in our quest to increase cryptocurrency usage is Gate Pay. By bridging the gap between Web 3.0 and daily life, it will lower the obstacles for people and businesses to fully utilise cryptocurrency.

Guaranteed full assistance for partners

Business partners integrating Gate Pay will receive complete support from the exchange. Additionally, its partners will have more access to ecosystem components like the Gate MiniApp, which already houses some significant Web 3.0 apps. These include the cryptocurrency-friendly online retailers Uquid and the travel booking website Travala.com.

On purchases made using Gate, get up to 11% back.

All users who make purchases on Uquid starting tomorrow, November 8, are eligible to win a $500 gift box. Everyone who uses the new facility to make payments will receive up to 11% cashback.


Gate Pay will continue to develop in the future as the exchange wants to add promotional giveaways, C2C transactions, etc.

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