The crypto-exchange platform Gate.io (PR42 profile) has officially launched Gate Pay, a leading crypto-based payment product.
The launch of Gate Pay is based on Gate.io executives’ belief that cryptocurrencies can become a widely used means of payment, not just a tradable asset.
Gate Pay is a free-to-use crypto payment technology developed entirely by Gate.io.
Users gain access to a more user-friendly way to send crypto payments for goods and services, and merchants profit from business-friendly tools so they can accept cryptocurrencies.
Business partners can start to accept cryptocurrencies by integrating Gate Pay into their online and brick-and-mortar stores or by launching on Gate MiniApp, a third-party dApp platform that integrates directly with the Gate.io ecosystem.
At first, Gate Pay will support 20 cryptocurrencies for payments and plans to increase this number to 130 in the future.
Gate.io is a bitcoin exchange platform that supports trading BTC, LTC, Ethereum, Qtum and other blockchain assets.
There are over 1,300 cryptocurrencies traded on Gate.io. These include almost all of the top 20 cryptocurrencies by market cap, as well as many less common coins that are hard to find.