A leading cryptocurrency payment gateway and a crypto Gift Cards provider CoinGate is expanding its services and partners with Binance to foster a greater crypto adoption.
CoinGate Gift Cards is now officially available on Binance Mobile App’s Marketplace, while Binance Pay is available to be used for crypto gift card purchases. The biggest crypto exchange in the world lets in-store users acquire gift cards from top well-known brands and pay for them with Crypto. That’s the quickest way to celebrate crypto technologies – by living your daily life on crypto.
Partnering up with Binance allows CoinGate to scale crypto adoption on a B2C level. Integration of Binance Pay to their e-commerce platform and gift card store integration to Binance Moible App means that purchasing products with cryptocurrencies will be much easier than ever before.
This partnership will have an immediate impact on CoinGate’s mission is to grow the adoption of cryptocurrencies on a global scale. This means that every currency can be a paying currency and crypto owners should have the possibility to live their life on crypto. Therefore, partnering up with crypto-giant Binance brings convenience to CoinGate and Binance users to easily spend their crypto.
Binance touch to CoinGate users
CoinGate Gift Cards will be accessible through Binance Mobile App’s marketplace. All you need to do is open the Binance app, scroll up to access the Binance marketplace, click on CoinGate Gift Cards and choose the gift card you want to buy.
On the other hand, Binance Pay, a contactless, borderless, and secure cryptocurrency payment technology, integration to CoinGate, will:
– Allow to pay for chosen gift cards in more than 40 different altcoins and stablecoins;
– Reduce transaction and commission fees;
– Bring immediate confirmation of shoppers’ transactions. Meaning faster transaction speed;
– Binance Mobile App users will be able to check out on the CoinGate gift card store.
Why now?
Justas Paulius, CEO of CoinGate, commented that CoinGate’s partnership with Binance will significantly have an impact on the mass adoption of using cryptocurrencies in our daily lives. “As one of the pioneers of crypto payment processing, it is our goal to make cryptocurrency accessible to as many people as possible. Together with Binance, we are making life easier for crypto owners by allowing them to spend their digital assets on top global brands and services. We hope that this partnership will help users to access digital goods even more securely, efficiently, and much faster than ever before.” – said Justas.
About Binance
Binance Pay is a contactless, borderless and secure cryptocurrency payment feature on the Binance App. Launched at the beginning of 2021, Binance Pay features the Pay and merchant functions allowing users to pay, send and receive crypto payments around the world without incurring any fees.
Binance Pay is created by Binance, the leading cryptocurrency exchange and infrastructure provider.
About CoinGate
CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any size. Permission-based account management, fiat payouts to the bank account and brand new email billing features are just a few reasons why CoinGate has become a go-to payment processor for many.
Besides merchant services, CoinGate also provides users the option to buy Gift Card with crypto, and to buy, sell and swap cryptocurrency on their platform.
Featured image via Unsplash.
