Wirex has launched a new service called Wirex Travel, providing significant discounts on hotel bookings and cashback.
Launch of Wirex Travel
Known for its Web3 financial app, Wirex has expanded into the travel sector. Wirex Travel allows booking hotels using both traditional money and cryptocurrencies like Bitcoin (BTC) and Tether (USDT). The platform offers a wide selection of hotels worldwide, ensuring user convenience and availability.
Benefits and Features of Wirex Travel
Wirex Travel users can save up to 65% on hotel stays and receive 8% cashback when paying with a Wirex card. This service targets budget-conscious travelers, offering substantial price cuts on luxury stays in popular destinations, such as the Maldives.
Competition with Travala and Future Prospects
Since 2020, Travala has been a leader in the crypto travel market, supported by investors like Binance. Despite this, Wirex Travel could become a strong competitor with its large user base and experience in offering zero foreign exchange fees and crypto rewards. Wirex aims to provide a fresh option for digital currency users.
Wirex Travel enters the market with new offers, aiming to carve out its place in the crypto travel sector and attract digital currency users. Despite the presence of strong competitors like Travala, the company aims to make travel easier and more rewarding.