In an official blog post today, Gate Pay announced a collaboration with popular blockchain e-commerce outlet, CryptoMate. As revealed, Gate Pay users can now access various products on the e-commerce outlet as a result of the collaboration. These products range from gift cards, games, software, and esim, among many others.
Now, the collaboration will ensure that Gate Pay users enjoy exclusive access to the aforementioned products on CryptoMate. In the announcement, users of the payment service platform will have access to CryptoMate’s automated delivery system. The system is a seamless and manual-free process that ensures the instant availability of the virtual goods and services they pay for on the e-commerce platform.
In the blog post, Gate Pay described CryptoMate as a blockchain e-commerce platform that permits users to spend their crypto assets on various products and services. As indicated, the platform serves as a link in the market for crypto holders where they can enjoy a user-friendly shopping experience. Furthermore, there are more than 190,000 virtual and digital products available on the blockchain e-commerce site.
Side note on Gate Pay
It is worth mentioning that Gate Pay is a payment platform owned by the popular cryptocurrency exchange, Gate.io. The crypto exchange launched the payment platform in November 2022 as part of its focus on ensuring global adoption of cryptocurrency and web3. GatePay is designed to address the demands of web3 for institutional and individual users.Â
The platform has capabilities to send and receive funds in more than 30 cryptocurrencies across the globe. Likewise, the payment site can facilitate the real-time conversion of more than 1,700 virtual assets. Ever since its establishment, Gate Pay has gone from strength to strength through the introduction of game-changing initiatives and collaboration.
However, the success Gate Pay has enjoyed also contributed to the growing popularity of Gate.io. Presently, Gate.io is ranked eleventh on the list of top cryptocurrency exchanges by trading volume. This ranking placed the exchange high above some of its rivals like Crypto.com, Bitget, Gemini, BitMart, and MEX. According to Coinmarketcap, Gate.io enjoys an average weekly visits of about 3,251,685 users.
Similarly, the exchange has focused on becoming a prominent force in the web3 landscape. To drive this focus, the exchange on June 3, 2023, launched the Gate Web3 Startup. The exchange leveraged the startup to ensure more participation of users in the web3 landscape.