Gate Group, the parent company of the Gate.io cryptocurrency exchange, will launch a Visa cryptocurrency debit card for customers in Europe.
💳 Gate Group Launching New Visa Debit Card in Europe
The new Gate Visa debit card offers users a simple method to convert their crypto assets into fiat for in-store and online purchases 🚀
More Details: pic.twitter.com/vhKSShJXB9
— Gate.io (@gate_io) March 9, 2023
According to the press release, the waiting list and registration are now open.
Visa Head of Cryptocurrency Cu Sheffield noted that the company “wants to serve as a bridge between the digital asset ecosystem, the global network of merchants and financial institutions.”
«[…] Gate Group debit card holders will be able to seamlessly convert and use their digital assets to pay for goods and services wherever Visa is accepted,” he added.
The company will release its product through the Lithuanian branch of Gate Global UAB.
Previously, crypto cards introduced trading platforms Blockchain.comHuobi, Bybit и BitOasis.