Gate Launches Crypto-Powered Travel Service with 5% Booking Discount

Gate, a leading global cryptocurrency platform, has launched a new service called Gate Travel, which enables users to book flights and hotels using cryptocurrency payments. The platform operates in over 190 countries, offering access to more than 1 million hotels and 150 airlines’ routes. Gate Travel supports over 50 major cryptocurrencies and allows users to pay using travel rewards points, credit cards, or buy-now-pay-later options. Users earn travel rewards points with each booking, which can be redeemed for cash, and all Gate users receive an exclusive 5% discount on bookings[1].

The service is integrated into the Gate App under the “Gate Life” section, where users can select the “Travel” tab to access flight and hotel booking modules. Users input destination, dates, and other preferences to filter results, choose their preferred accommodation or flight, and complete the payment using either cryptocurrency or fiat currency. This one-stop solution aims to streamline the travel booking process by offering transparent pricing and secure transactions[1].

The launch of Gate Travel reflects a broader trend of blockchain-based services entering mainstream consumer sectors. By allowing travelers to pay directly in cryptocurrencies such as Bitcoin or Ethereum, Gate aims to reduce transaction costs, enhance security, and provide greater flexibility for its global user base. The service aligns with the increasing demand for decentralized financial solutions in travel, as consumers seek seamless and borderless payment options[2].

The integration of crypto payments into travel is still in its early stages but is part of a larger shift toward digital transformation in the industry. As more platforms adopt crypto-compatible systems, the sector may see increased competition in payment methods, potentially driving innovation and cost efficiency. Gate’s initiative could also encourage other travel service providers to explore blockchain-based solutions, further accelerating the adoption of digital assets in everyday transactions[2].

Gate has not yet disclosed specific airline or hotel chain partnerships for Gate Travel, but the platform is expected to onboard multiple providers in the coming months. The success of the service will depend on factors such as user adoption, merchant acceptance, and the overall stability of the cryptocurrency market. Gate Travel’s entry into the travel booking space introduces a new dimension by positioning digital currency as a viable and secure alternative to traditional fiat money, potentially attracting frequent travelers and crypto holders seeking to use their assets for practical, real-world expenses[2].

Source: [1] Gate is launching a brand new service, Gate Travel, offering a one-stop experience for booking flights and hotels with cryptocurrency payments. (https://www.theblockbeats.info/en/flash/307569)

[2] Gate Travel Announcement (https://gate.io/travel)