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Gate.io announced the introduction of the Gate Gold Card, a new prepaid crypto card that supports online and in-store payments via multiple mobile wallets and offers the ability to convert select rewards into tokenized gold or major cryptocurrencies.
Gate.io has launched the Gate Gold Card, a new variant of its prepaid crypto debit card, which enables users to make payments both online and in stores through mobile wallets such as Samsung Pay, Apple Pay, Google Pay, Alipay, and WeChat Pay. According to information provided, the Gold Card allows for the conversion of certain rewards into tokenized gold (XAUT) or major cryptocurrencies, shares card issuance terms with other Gate Card products, and carries specific fees including a 0.90% top-up fee and a 1.50% foreign exchange fee on non-USD transactions. Users must complete Level 2 identity verification and reside in non-restricted regions to apply, and the Gold Card offers a per-transaction spending limit of up to USD 80,000. Details about the mechanics of the reward conversion feature are not fully specified in the available documentation.
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Gate.io is a cryptocurrency exchange that supports spot, margin, futures, and ETF trading across a wide selection of digital assets, including its own GateToken (GT). Key features include cloud mining, a system for cryptocurrency loans and lending, strategy customization tools, a TradingView-powered terminal, and interactive training resources for new users. The platform also provides 24/7 multilingual technical support and an affiliate program, as detailed in the broker profile on Traders Union.
For more context, see our earlier news about Gate.io's launch of the WCTC Season 9 Team Competition with a 3,200,000 USDT prize pool, detailed in the previous Gate.io update on Traders Union.