https://www.gate.com/card

Gate Card Now More Flexible: Balance Can Be Transferred Directly to Spot Account

Gate has added a significant feature to its Visa and Mastercard payment card, Gate Card: the ability to transfer card balances directly to the platform's spot account. This innovation allows users not only to spend the money on their card but also to invest these funds in other investment and trading opportunities on Gate.

Details of the New Feature

Users can now transfer their Gate Card balances to their spot accounts with a minimum deposit of $0.01 USD and a 0.9% transaction fee. This process works by converting the card balance to USDT at the current exchange rate and depositing it into the spot account. This allows funds held on the card to be instantly directed towards trading or other financial products.

Existing Advantages Remain

In addition to this new flexibility, Gate Card retains its existing features. The card can be used in over 200 countries and at approximately 150 million merchants. It also offers six different loyalty levels (T0-T5) depending on spending level, with cashback reaching up to 8% at the highest level. Eligible spending allows for cashback up to 150 USDT in a single transaction and up to 400 USDT monthly. The card also integrates with Apple Pay and Google Pay.

Flexibility for the User

This development transforms the Gate Card from just a spending tool into a more holistic financial tool. Users can instantly switch between spending and investing modes based on market conditions or personal needs. This feature offers a practical solution, especially for users who want to take advantage of opportunities in the volatile nature of the cryptocurrency market.

Details 👉 https://www.gate.com/announcements/article/101132