Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Gate.io Partners With Travala to Integrate GateToken Payments

Global digital asset exchange, Gate.io has announced a partnership with Travala.com, the world's leading crypto-friendly hotel booking platform. The strategic partnership will integrate GateToken (GT) on the travel website's platform; users can book over 2.2 million hotels across 230 countries.


Travala.com will accept GateToken (GT), along with other leading crypto assets such as Bitcoin (BTC), Ethereum (ETH), and AVA, and Travala's native cryptocurrency for bookings.

The partnership will empower GT holders to participate in a cheaper, fairer, and more inclusive travel economy while also enhancing the utility of the GateToken (GT), being used for travel bookings via Travala.com. Gate.io will also be using Travala.com's business account services for internal company travel requirements.

GT holders will save up to 40% in some cases compared with other online travel agencies on over 2.2 million hotels globally, with the addition of flight booking across more than 600 airlines globally and different travel verticals such as Activities and Car Rentals coming soon.

"The Gate.io-Travala partnership brings us one step closer to our combined vision of mainstream cryptocurrency adoption. We are excited to join forces with Travala and enable millions of users to benefit from our strong tech-driven ecosystem. GateToken (GT), an integral part of the Gate.io ecosystem, is already being used by our 3 million users for VIP tier growth, trading fee debit, exclusive participation in activities, and much more," said Lin Han, Gate.io CEO.

Commenting on the partnership, Juan Otero, Travala.com CEO, said. “As we continue in our commitment towards mass cryptocurrency adoption, we’re very excited to partner with leading trading platform Gate.io to champion the growth of the crypto community and to bring a great new use case to the GateToken (GT).”

The partnership enhances GT's utility by enabling it to be used to pay for accommodations at over 2.2 million hotels and vacation rentals around the globe on Travala.com. In addition to unbeatable prices via its Best Price Guarantee, Smart users on Travala.com can also enjoy additional discounts and loyalty rewards for eligible bookings made on the platform.

About Travala.com
Founded in 2017, Travala.com is the leading cryptocurrency-friendly travel booking service with 2,000,000+ properties in 230 countries and 600 airlines globally. Backed by industry-giant Binance, Travala.com is a digital asset adoption champion, accepting over 28 leading cryptocurrencies and traditional payment methods. AVA bolsters the Travala.com value proposition. As the native cryptocurrency, AVA can be used for payments, receiving loyalty rewards, discounts, and bonuses, among several other use cases. For more information about Travala.com and AVA, visit: www.travala.com& www.travala.com/ava

About Gate.io
Gate.io is a global, blockchain assets exchange platform. Established in 2013 and developed entirely in-house, Gate.io enables blockchain enthusiasts to trade and store assets in over 470 of the leading cryptocurrencies for over 3 million users from over 130 countries. Gate.io is a one-stop-shop for Spot, Margin trading, Futures, Perpetual contracts, Staking, C2C Loan, and Options Trading. Gate.io’s newly launched public blockchain, GateChain, is a next-generation public blockchain, focused on onchain asset safety and decentralized trading. Gate.io sets itself apart by prioritizing security and user experience, providing quick, easy and safe access to digital assets.


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Jeudi 3 Septembre 2020




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