Original Source: gate

Since the official launch of the cryptocurrency payment card gate Card in 2023, gate Group has been continuously cultivating the global cryptocurrency payment field and gradually expanding to more countries and regions. Currently, this business has officially expanded to the Argentina region. In response to the long-standing inflationary pressure in Argentina, gateGroup 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, supporting users to settle consumption at 80 million merchants worldwide through various cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), USDT, etc. The system will instantly convert cryptocurrencies into Argentine pesos (ARS) to provide users with a convenient and secure payment experience.

Product Highlights

Global Consumption Support: gate Card Silver leverages the powerful payment network of Mastercard to support online and offline payments for over 80 million merchants worldwide. Whether it’s shopping at a local store or on a globally renowned e-commerce platform, users can enjoy a seamless payment experience.

Multi-currency payment: The card supports over multiple cryptocurrencies, including BTC, ETH, USDT, etc. Users can flexibly choose the most suitable cryptocurrency for payment according to their asset allocation, simplifying the use of cryptocurrencies.

No additional fees: gate Card Silver completely waives application fees, monthly fees, and annual fees, dedicated to providing users with an efficient and cost-effective payment method. Allow users to enjoy global shopping fun without worrying about additional fees.

No need to recharge manually: The card does not need to be recharged manually. When users use the card for consumption, they can directly deduct the assets from the gate account. Reduce the cumbersome steps of recharging and provide users with a more worry-free payment experience.

Digital wallet binding: The card supports binding 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.

Apply and Use Instantly: Once the user successfully applies for a virtual card, they can use it immediately without waiting for the physical card to be mailed. The system will automatically convert the cryptocurrency into local fiat currency to ensure a smooth and efficient payment process.

Cashback on Consumption: Each consumption will accumulate points, and users can choose from a variety of cashback currencies such as BTC, ETH, USDT, GT, etc. Flexible points management helps users optimize asset allocation, making each consumption more valuable.

Reducing the impact of inflation: By holding cryptocurrencies instead of local fiat currencies, users can effectively hedge against the asset depreciation risk caused by inflation. When consuming, the system will automatically convert cryptocurrencies into local fiat currencies to ensure asset value stability.

Rich Activities and Benefits: The card will also launch a series of benefits such as inviting friends, consumption promotions, and co-branded activities. Users can participate in community activities and get more rewards while enjoying payment convenience.

gate Card Silver is suitable for various payment scenarios such as daily shopping, online payment, and global travel, seamlessly and securely converting digital currency into legal tender, expanding the practical use and experience of cryptocurrencies in users’ lives. The launch of gate Card Silver is an important step for gate Group to expand its global payment business. In the future, gate Group will continue to provide innovative cryptocurrency financial services for global users, promoting the development of global cryptocurrency payments.

About gate Group

Gate Group was established in 2013 and is one of the pioneers in the cryptocurrency industry. Its subsidiary, Gate.io, has rapidly grown to become one of the earliest and most well-known cryptocurrency trading platforms globally, with over 21 million users and a stable market share in the industry TOP4.

Disclaimer - gate Card Argentina

In accordance with the regulations of the Central Bank of Argentina (BCRA), Gate does not act as a financial intermediary or payment service provider (PSP), nor does it engage in any activities limited to such entities as defined in the applicable regulatory framework. The Gate card is not a credit card, debit card, or payment card, and does not support installment payment functions. The card is not issued in accordance with the terms of Argentina’s Credit Card Law No. 25.065. When using the Gate card, the system will directly deduct the equivalent amount of encrypted assets from the user’s Gate.io wallet, and Gate does not process any fiat currency transactions related to this card.

This article is from the submission and does not represent the point

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