As the world continues to move towards a cashless society, cryptocurrencies have become increasingly popular as a means of payment. However, for many people, the world of cryptocurrencies can be daunting and difficult to navigate. Enter Wirex, a London-based digital payment platform that aims to make crypto and traditional currencies equal and accessible to everyone.
Revolutionizing Digital Payments
Founded in 2014 by CEOs and co-founders Pavel Matveev and Dmitry Lazarichev, Wirex has revolutionized the world of digital payments. In 2015, the firm developed the world’s first crypto-enabled payment card that gives users the ability to seamlessly spend crypto and traditional currencies in real life. Wirex provides a trusted and cost-effective service for crypto and traditional currency transactions by incorporating the next generation of payments infrastructure integrated with cryptocurrency blockchains.
Wirex offers secure accounts that allow customers to easily store, buy, and exchange multiple currencies instantly at the best live rates on one centralized mobile app. With over 5 million customers across 130 countries, Wirex continues to develop the product in line with market developments, whilst adhering to regional regulations and securing appropriate licensing where it exists.
Wirex offers several key features that make it an attractive platform for those looking to manage their digital assets.
- Wirex Card: With the Wirex card, users can spend cryptocurrencies and traditional currencies in more than 80 million locations around the world. The Wirex card supports over 150 traditional and cryptocurrencies, providing users with the flexibility to choose the currency that works best for them.
- X-Accounts: X-Accounts offers unprecedented levels of interest on cryptocurrency deposits. Users can earn up to 16% annualized interest on their deposits, making it an attractive option for those looking to earn passive income on their crypto holdings.
- Wirex Wallet: The Wirex Wallet is a non-custodial wallet that allows users to securely store their cryptocurrencies. With the Wirex Wallet, users have full control over their private keys and can manage their digital assets with ease.
- Cryptoback™: Wirex introduced the world’s first crypto reward program, Cryptoback™, which earns cardholders up to 8% back in WXT for every transaction they make.
- DeFi: To reflect the growth of the metaverse, Wirex has expanded their product to enable mainstream access to DeFi. Starting with the launch of their popular X-Accounts feature, Wirex has continued to add to their DeFi arsenal with the release of the non-custodial Wirex Wallet and a partnership with Nereus, a decentralized liquidity market.
The Future of Digital Payments
Wirex is uniquely positioned to support and promote the mass adoption of a cashless society through creative solutions. With over $5 billion worth of transactions processed already and rapid expansion into new territories, including the US, Wirex is at the forefront of the digital payments revolution.
If you’re looking for a user-friendly platform to manage your digital assets, then Wirex may be just what you need. Check out their website and socials to learn more about how they’re changing the game in the digital payments space.