Gate Group, the company behind the cryptocurrency exchange Gate.io is looking to launch crypto debit cards in Europe.
Currently, a waitlist, as well as registration procedure, are ongoing for the European economic area, a statement from the exchange read, adding that the card will be launched through the Gate.io Lithuanian subsidiary.
After launching the cards, users will be able to spend their crypto using the card at all of the 80 million merchant locations that accept Visa across the globe. This includes both in-person and online transactions. Using the card, users will have total control over their spending through the features that are easy to use which are included in the exchange’s app.
“With the Gate Visa card, our users can make seamless crypto payments to merchants worldwide. It bridges crypto with everyday life and brings greater financial inclusion to users,” said Dr. Lin Han, founder and CEO of Gate Group.
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