Wirex, a popular Web3 money app, announced the launch of its hotel booking platform, Wirex Travel. The service offers travelers up to 65% off hotel prices and 8% cash back for payments made with a Wirex card.
With this move, Wirex challenges Binance-backed Travala, which has been dominating the crypto-based travel booking market since 2020.
A New Player in the Crypto Travel Booking Market
Wirex has been expanding its offerings over the years. It has long provided users with benefits such as zero foreign exchange fees, interbank exchange rates, and crypto rewards. Now, the project is entering the crypto-based travel-booking market.
Wirex Travel positions itself as a user-friendly and comprehensive travel marketplace, where users can find thousands of hotel options worldwide. Booking is available with both traditional fiat currencies and crypto, including Bitcoin (BTC) and Tether (USDT).
Most notably, the platforms are offering intriguing deals that might…