Wirex Launches New Crypto Travel Booking Platform, Wirex Travel

Wirex, a leading Web3 financial app, has launched Wirex Travel, a new hotel booking platform that offers up to 65% off on accommodations and 8% cashback for payments made with a Wirex card.

This move directly challenges Binance-backed Travala, which has dominated the crypto-based travel booking market since 2020.

Wirex, known for its zero foreign exchange fees, interbank exchange rates, and crypto rewards, is now expanding into the travel sector.

Wirex Travel promises a seamless and expansive platform where users can book thousands of hotels worldwide using both fiat and cryptocurrencies, including Bitcoin (BTC) and Tether (USDT).

The platform stands out with exclusive offers, such as up to 65% off on luxury hotels in top destinations like the Maldives, along with attractive cashback incentives.

With this strategic launch, Wirex aims to carve out a significant presence in the rapidly growing crypto travel market. https://www.coinlive.com/news/crypto-travel-platform-travala-expands-with-bitcoin-and-ava-reserves

Pavel Matveev, Co-Founder of Wirex, shared:

“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. This is another step toward making travel more accessible and cost-effective for our global user base.”

Wirex Aims to Rival Binance-Backed Travala

For many years, Travala has been a dominant player in the crypto-based travel booking market, attracting significant investment from industry giants like Binance.

The platform allows users to book flights, hotels, and vacation packages with over 100 popular cryptocurrencies.

While Wirex’s travel offering may be more limited in scope, its entry into the market introduces a new level of competition.

With its established user base, expertise in crypto payments, and a newly launched travel platform, Wirex is positioning itself as a formidable contender.

Its aggressive promotion of crypto payments, along with incentives for users to maximise savings on travel, further strengthens its potential to challenge established players and reshape the crypto travel landscape.