Crypto Exchange Floats its Payment Solution Dubbed Gate Pay, one of the top cryptocurrency trading platforms in the world, has announced the launch of its payment gateway dubbed Gate Pay.


As announced by the exchange, the Gate Pay offshoot is its latest attempt to deepen its resolve to foster the broad adoption of crypto and blockchain technologies. said Gate Pay will bring cryptocurrencies as a means of payment for individuals merchants and businesses as a whole at no cost whatsoever. Considering the assets involved, the exchange said users may be required to pay a network fee, depending on which of the 21 cryptocurrencies it is currently supporting with the service.


“Gate Pay is our next major commitment to further crypto adoption. It will bridge the gap between Web 3.0 and daily life, reducing the barriers for users and merchants to utilize cryptocurrency fully,” said Dr. Lin Han, CEO, and Founder of


The trading platform Gate Pay technology platform will be accessible to the more than 12 million users it has accrued over the years. From the current 21 digital assets it is supporting, the exchange has assured that the Gate Pay outfit will come to support an additional 130 cryptocurrencies in the near future.


The new service is a detour from its core trading offerings which it extended to institutional investors back in May. Exchanges are known to launch their payment offshoots in order to complement their push into the broader e-commerce world. For, however, it hopes to add other value-added services over time including the pivot into C2C transfers and promotional handouts amongst many other things.


“From release to later evolutions, Gate Pay will become an important step in promoting the use of cryptocurrency. To achieve this, will constantly innovate new product concepts to enrich the functions of Gate Pay,” said Feng Zhou, Director of Gate Pay, Gate MiniApp.

The new payment outfits embrace is being pioneered by, a Web 3.0 e-commerce platform

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Latvian airline airBaltic adds Dogecoin and Ether as payment options

Passengers flying with Latvian airline airBaltic now have more cryptocurrency payment options.

According to an announcement on the airline’s website on Monday, passengers can now pay for flight tickets using Ether (ETH) and Dogecoin (DOGE). Other accepted virtual currencies include Bitcoin Cash (BCH) as well as four U.S. dollar-pegged stablecoins: USD Coin (USDC), Binance Dollar (BUSD), Gemini Dollar (GUSD) and Paxos (PAX).

The airline began accepting Bitcoin (BTC) payments back in July 2014. Indeed, the Latvian national carrier is touted as being the first airline in the world to offer cryptocurrency payment options.

As part of its announcement, airBaltic clarified that despite accepting crypto payments, ticket prices are not denominated in the supported cryptocurrencies. The prices are displayed in euros with cryptocurrency payment gateway service BitPay handling the conversion of virtual currency payments to fiat upon ticket purchase.

Commenting on the airline’s decision to expand its supported crypto payment options, airBaltic CEO Martin Gauss stated:

“As an innovative airline, we always strive to search for ways to improve the customer experience starting from the booking process. Over the years around 1,000 clients have used the payment option, which may not seem like a lot, but still offers passengers a unique payment option hard to find elsewhere.”

Crypto adoption is gaining momentum in the travel and hospitality industry with travel agencies, airlines and hotels allowing customers to make bookings using cryptocurrencies.

Crypto-friendly travel agencies like Travala boast an extensive network of supported airlines and hotels that accept virtual currency payments.

Apart from flight tickets and bookings, the aviation industry is also deploying blockchain technology for a variety of use cases. The need for digitization amid the ongoing coronavirus pandemic seems to have also encouraged a greater focus on utilizing the emerging tech.

Back in February, Air France announced a pilot scheme that would involve using a blockchain-based system for verifying COVID-19 test results of passengers.