Gate.io has officially launched Gate Pay in order to bring the Web 3.0 lifestyle to the general public by providing a crypto-based payment solution to individual users and business partners.

Gate Pay: Unlock Web3 Crypto Payments

Gate Pay is a secure and free-to-use crypto payment technology fully developed by Gate.io. Users gain access to a more user-friendly method of sending crypto payments for goods and services, and merchants benefit from business-friendly tools so they can start accepting cryptocurrency. Currently, Gate Pay supports over 20 cryptocurrencies for payments, with plans to increase to 130 cryptocurrencies in the future.

• Reach Gate.io 12M+ users globally

• Support for 21 currencies, later expanded to 130+

• Free to use with no additional fees (only network gas fees)

• Fast integration with dedicated tech and operation support

• Business-friendly systems to easily monitor and manage transactions

Gate Pay Accelerates the Open Ecosystem of Gate.io

Business partners can begin accepting crypto by integrating Gate Pay into their online and brick-and-mortar stores or launching on Gate MiniApp, a third-party dApp platform integrated directly into Gate.io’s ecosystem.

“Gate Pay is our next major commitment to further crypto adoption. It will bridge the gap between Web 3.0 and daily life, reducing the barriers for users and merchants to utilize cryptocurrency fully,” said Dr. Lin Han, CEO and Founder of Gate.io

Gate.io provides full support to business partners integrating Gate Pay, whether already crypto-friendly or new adopters. In addition, partners will have further access to other components of Gate.io’s ecosystem. For example, the Gate MiniApp already hosts some leading Web 3.0 applications, such as online crypto-friendly retailer Uquid and crypto travel booking service Travala.com.

Moving forward, Gate.io will continuously evolve Gate Pay, with plans to introduce C2C transfers, promotional handouts, and more.  “From release to later evolutions, Gate Pay will become an important step in promoting the use of cryptocurrency. To achieve this, Gate.io will constantly innovate new product concepts to enrich the functions of Gate Pay,” said Feng Zhou, Director of Gate Pay, Gate MiniApp.

Pay with Gate Pay Now and Enjoy Up to 11% Cashback

To celebrate the launch of Gate Pay, Gate.io’s business partner Uquid.com, a Web 3.0 e-commerce platform, is launching a promotion campaign with Gate Pay. Starting November 8th, users who make purchases on Uquid will have a chance to win a gift box of $500. Moreover, users can enjoy up to 11% Cashback when they pay with Gate Pay.

About Gate.io

Founded in 2013, Gate.io has strived to provide its users with the best trading experience in the last nine years. As a result, in terms of trading volume, Gate.io is one of the top 10 crypto exchanges in the world, listing crypto assets that are high quality and have a high rate of return. Currently, Gate.io has 1500+ cryptocurrencies listed for trading and provides 2800+ trading pairs to over 12 million users worldwide.

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SOURCE

https://www.prnewswire.com/news-releases/gateio-launches-gate-pay-301669902.html

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Gate.io is specifically joined forces with Cabital Connect, a tool that delivers crypto on- and off-ramp solutions.

Collaboration Highlights

This collaboration enables Gate.io customers to acquire cryptocurrency fast and simply utilizing localized payment options including bank transfers. Fiat currencies supported include EUR, GBP, BRL, and CHF. Most crypto users now take their initial steps through crypto on-ramps, making Cabital’s services an important route for customers to begin their crypto adventure.

Cabital offers competitive exchange rates with a low spread and no hidden costs. Furthermore, it may utilize immediately within the Gate.io platform, giving consumers easy and quick access to purchasing crypto assets.

Furthermore, with security issues surrounding crypto, it is critical to maintain a high level of protection. Cabital succeeds once again in this area, offering institutional-level asset security, data privacy protection, and compliance procedures.

Management Quote

“Our partnership with Cabital will enhance the experience of Gate.io users through transparent, secure, and convenient crypto on-ramp solutions. Their mission of increasing the accessibility of crypto and accelerating Web3 lines up directly with ours” said Dr. Han Lin, Founder and CEO of Gate.io. “Our decade-long history of zero asset compromises, paired with Cabital’s security and compliant-centric focus, enhances the pathways on which so many crypto newcomers rely.”

Raymond Hsu, Co-Founder and CEO of Cabital, said, “We’re excited to have Gate.io as our partner in creating greater opportunities for users to onboard crypto, in addition to breaking down the barriers to accessible and secure crypto, which is vital to serving more customers globally. Buying and storing digital assets is safer and easier with Cabital, and we are committed to continuing our mission of bridging the fiat and crypto worlds with our payment infrastructure and solutions.”

About Cabital

Cabital is a trusted digital financial institution to buy, sell, exchange and hold cryptocurrency. Leading cryptocurrency exchanges such as Bybit and Gate.io have integrated Cabital’s fiat on-ramp gateway. Cabital ensures a simple, secure and sensible user experience with best-in-class compliance and risk management.

Website | Twitter

About Gatei.o 

Gatei.o,  created to provide a new generation of crypto fans with the ability to communicate, study, and get access to the revolutionary age of cryptocurrency.

Website | Twitter

SOURCE

https://www.prnewswire.com/news-releases/gateio-and-cabital-partner-to-simplify-funding-process-for-crypto-investors-301653223.html

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Magic Square envisions a world for everyone to enter the Web3 world through MagicID and experience a holistic experience with all crypto apps. Users can soon access all crypto apps in one. Besides, Magic Square offers blockchain projects a never-before-seen affiliate marketing program to accelerate user growth and cost-effectiveness. More exciting news is on the way! As Gate.io Joins MagicSquare as Strategic Investor.

Participate in the Magic Community and Earn SQR tokens

• Voting on new apps applying for listing on the Magic Store
• Participating in contests and competitions in the Community Zone

“Today marks a major milestone for Magic Square, as several industry leaders join us to pursue our mission. The investment from Gate.io Labs along with other leading investors will unlock the unlimited potential of our Magic Store and other products/services to pave the way for mass adoption of crypto” — Andrey, CEO of Magic Square

“Gate.io Labs is thrilled about this collaboration with Magic Square and how it will shape the future of web3. We believe the platform that prioritizes users will emerge as a new star in the crypto space while working toward the same objective” — Gate.io Labs

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About Magic Square

Magic Square is a decentralized solution that simplifies Crypto. Users can discover dApps, CeFi and DeFi, NFTs, Games, and much more in one place with an intuitive design. The Crypto App Store is a Web3 solution where the community vets, ranks, and prioritizes the apps via a DAO mechanism with clear earning metrics to incentivize the participation of validators, creators, and users. Users can access all of the community vetted content with one click using the MagicID (Decentralized ID). This multi-chain wallet solution aims to become the Web3 alternative to Google or Apple connect. Gate.io Joins MagicSquare as Strategic Investor

Website | Twitter 

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About Gate.io

Gate.io launches a zero trading fees benefit, allowing customers to trade without fees in various markets, including spots, futures, and ETFs!

Website | Twitter 

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SOURCE: MEDIUM

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Gate.io has obtained the Trust or Company Service Provider TCSP License!

However, the TCSP Licence is required for any entity that carries on or wishes to carry on a trust or company service business in Hong Kong.

Management Quote

“Obtaining the TCSP Licence in Hong Kong enables us to deepen our relationship with global crypto investors as an industry leader. Next, we will be building localized operations to bring our products and services to users in Hong Kong,” said Tom Yang, EVP of Gate.io Group.

However, with an initial focus on virtual asset custody services. Hippo FS is dedicating resources toward establishing teams to manage local operations. Including the security of its services infrastructure and client’s assets.

Dr. Han Lin, Founder and CEO of Gate.io Group, said, “Establishing a custody business in Hong Kong is a global strategic milestone of Gate.io Group. Not only because Hong Kong is the hub for many financial institutions and investors. But more importantly, the industry-leading regulatory regime of Hong Kong provides additional confidence for investors that place assets in Hippo FS’s custody.”

Obtaining the TCSP license is a crucial part of the global expansion strategy of Gate.io Group. As this affirms the Group’s position as a global virtual asset service leader in the industry. A vital component of the strategy is establishing regulatory-compliant operations in newly entered regions and forming teams. Dedicated to tailoring services that meet the needs of investors and regulators’ expectations.

About Gate.io Group

Established in 2013, Gate.io Group is one of the pioneers in the crypto industry. It has established a comprehensive ecosystem. Which includes a cryptocurrency exchange, public blockchain, decentralized finance. Research and analysis, venture capital investing, wallet services, startup incubator labs and more.

SOURCE

https://www.prnewswire.com/news-releases/gateio-group-enters-hong-kong-with-compliant-secure-and-comprehensive-custody-services-301606197.html

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