According to official news from Odaily Planet Daily, Gate now supports cryptocurrency withdrawals to VISA and Mastercard. After completing Gate's KYC verification, users can use this feature via Gate Connect, available on the website or app, to conveniently convert crypto assets like USDT into fiat currency and withdraw instantly to linked VISA or Mastercard cards.

Gate, reportedly the first exchange to launch this feature on March 21, 2023, is one of the first exchanges in the industry to support this service. Currently, the feature supports withdrawals in 36 fiat currencies, compatible with bank cards from multiple countries, with plans to expand this coverage to 150 currencies. Compared to existing solutions that only support Mastercard and a limited range of currencies, Gate leads the industry in terms of currency selection, supported card types, and withdrawal convenience, allowing users to withdraw fiat currency more easily and efficiently.