Wirex Launches Hotel Booking Platform, Wirex Travel
Wirex, a popular Web3 money app, has launched Wirex Travel, its hotel booking platform, offering travelers up to 65% off hotel prices and 8% cash back for payments made with a Wirex card.
A New Player in the Crypto Travel Booking Market
Wirex has expanded its offerings over the years, providing users with benefits such as zero foreign exchange fees, interbank exchange rates, and crypto rewards. Now, the project enters the crypto-based travel booking market.
Wirex Travel aims to be a user-friendly and comprehensive travel marketplace, showcasing thousands of hotel options worldwide. Users can book using traditional fiat currencies or cryptocurrencies, including Bitcoin (BTC) and Tether (USDT).
Notably, Wirex Travel is offering up to 65% discounts on luxury hotels, particularly in popular destinations like the Maldives, alongside an 8% cashback for Wirex card users. This aggressive launch strategy could help Wirex capture the developing market segment.
Pavel Matveev, Co-Founder of Wirex, stated, “Travel should be simple, seamless, and rewarding. With Wirex Travel, we’re helping users unlock incredible hotel deals while earning generous rewards when they pay with their Wirex card.”
For years, Travala has dominated the crypto-based travel booking market, being an early entrant with significant funding from investors like Binance. It allows bookings using over 100 cryptocurrencies.
While Wirex’s features may be limited compared to Travala’s, its entry can enhance competition in the crypto travel segment. With its vast user base and experience in crypto payments, Wirex positions itself as a formidable contender. The promotion of crypto payments emphasizes Wirex’s goal of maximizing savings for users utilizing digital assets for travel purchases.
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