Discover the pros and cons of the Crypto.com Card in our review of to decide if it's suitable for your crypto spending.
Gate Group, has introduced the launch of a Visa Debit card for residents and citizens of the European Economic Area (EEA). The card converts crypto to fiat and can be used anywhere Visa is accepted, including online and in-store worldwide. With no annual or transaction fee and free delivery, it is in demand with a waitlist for early adopters.
No annual or transaction fees.
Has associated card App.
Bridges crypto industry and financial institutions.
Poor customer support.
Limited geographical availability.
Gate.io Visa Credit Card: Unlock Perks & Rewards in 2023
Gate.io Visa debit card is a new way to allow Gate.io users to convert and spend their cryptocurrency. The Gate Group announced plans to launch the card in the European Economic Area (EEA). This is huge news for European clients.
The Gate.io card bridges crypto and fiat money by offering a seamless and secure way to convert digital assets. The card partners with Visa to provide access to more than 80 million merchants globally.
The card has an associated App that gives you complete control over your Gate.io funding wallet and digital assets. Transacting within the EEA region means you won’t incur any annual or transaction fees, ensuring you benefit from low fees when using the card.
To get the Gate.io Visa debit card, sign up on the official website and register for the card launch waitlist.
Who should use a Gate.io visa credit card?
Gate.io is one of the newest crypto companies to offer its users a digital card that solves payment challenges. The leading global cryptocurrency exchange announced the launch of this debit card through the Gate Global UAB, the Lithuanian-based branch of the Gate group.
Furthermore, the converted crypto asset can seamlessly facilitate online and in-store purchases at the tip of your fingers. The new Visa debit card’s selling point is its ease of converting crypto assets to fiat currency.
For new users
For new users looking for ways of making seamless crypto payments, the Gate.io Visa debit card might be the right card for you. The card offers a smooth and fast way of selling your cryptocurrency while converting to fiat currency in your card to complete transactions.
Gate group debit cardholders also enjoy numerous benefits from using the card, increasing crypto enthusiasts’ interest in using the new Visa debit card.
The Lithuanian-based crypto exchange company is rolling out the Gate Visa debit card first in the European Economic Area (EEA), expanding the services to other countries.
Gate card is currently supported in these countries:
- Republic of Cyprus
- Czech Republic
Despite the geographical limitation of the card, it does not impact its ability to pay in almost every part of the world. Users cannot strictly acquire the card.
What makes the Gate Visa Card a Great Choice?
Gate card is free and has no annual or transaction fees when spending in the EEA.
Partnership with Visa
Visa has consistently served as the link between the crypto ecosystem and merchants worldwide. The partnership with Visa allows Gate.io cardholders to access merchants and payment points that accept Visa worldwide.
Moreover, the Visa-enabled debit card not only grants access to over 80 million payment portals globally for online purchases and physical stores, but its payment coverage extends beyond the European Economic Area (EEA).
Efficient crypto conversion system
Gate.io is one of the highly-ranked crypto exchanges available, and the company can also provide efficient service for debit cards. The seamless conversion of users’ crypto to fiat money brings greater financial inclusion.
The crypto industry can get a better linkage to conventional financial institutions and use digital currency to access more services.
How to get a Gate Visa Debit Card
Here is a step-by-step guide on how to get your Gate.io Visa card.
Step 1: Visit the Gate.io website
To get started, visit the Gate.io website to log in if you are an existing user and complete the Know Your Customer (KYC) verification process.
You must sign up on the website if you do not have an account.
Step 2: Sign up
When signing up on Gate.io’s website, you must provide your email and phone number and create a strong password as mandatory requirements.
Once this is done, select [Sign up] to complete the registration process.
You will also be prompted to complete the KYC process after signing up.
Step 3: Join the waiting list
Once you have signed up, you can join the Gate Global UAB card waiting list. After you do the above steps, our application will be accepted.
When the card is launched, you will be one of the first people to get it!
Gate.io Visa Credit Card: Top Features
Gate card App
You might have wondered how the debit card will be funded and how you will manage your finances. One of the features of the card is its associated Gate card App.
In addition, the card empowers users with complete control over their Gate funding wallet and digital assets. It allows you to set spending limits and effortlessly track your expenditure rate, providing heightened financial management. Moreover, the App allows you to have more control over your card.
Another plus to the Gate account and the card is that it has no annual or transaction fees when making a transaction in the EEA region. However, your transaction might be charged if you transact outside the stipulated region.
Disadvantages of Gate.io Card
Poor customer support
The problem with customer support is constantly one of the banes to most crypto exchanges. Unfortunately, the Gate group is also following this path, as they have limited customer support for their users.
The only option for customer support provided is a support ticket system and articles answering FAQs.
Gate.io Visa Credit Card: Conclusion
The Gate card will help crypto users have more control over their finances and digital assets. Launching the card will allow users to convert their crypto seamlessly and access more payment points globally.
Gate.io not only prioritizes trustworthiness but also places a greater emphasis on its security features rather than solely focusing on profits. In fact, the platform's dedication to cybersecurity has earned it recognition from the CER, which rates Gate.io as one of the most secure cryptocurrency exchanges available.
By utilizing the Gate Visa debit card, users gain the flexibility to make payments using either their crypto or cash balance at any merchant that accepts Visa debit cards. This convenient feature not only offers users ease of use but also enables them to enjoy reduced costs and faster transactions within Visa's extensive partner network.
Once the card is scanned through the app, Card.io users can simply input their friend's email address to send a receipt, and within a span of seven days, the funds will be transferred to either their bank or PayPal account. The app itself is free to use, with no monthly charges; however, pricing for transactions involves a 3.5% fee along with an additional $0.30 per transaction.