Fiat Multi-Currency Accounts with Card | Wirex (2024)

FAQs

Is a Wirex card worth it? ›

While Wirex doesn't include a large selection of unique features, the platform advances the core functionality of a crypto card. Users get free withdrawals, virtual/physical cards, and a dedicated account number for sending money to others, making Wirex's crypto debit card one of the most versatile on the market.

No, as of 2024, Wirex does not automatically deduct taxes from crypto trades. However, Wirex might still report your crypto transactions to your country's tax authority, like the IRS or HMRC.

Countries supported by Wirex include UK, France, Spain, Portugal, Germany, Italy, Poland, Czeck, Slovakia, Austria, Norway, Sweden, Denmark, the Netherlands, Romania, Australia, Hong Kong, New Zealand, the Philippines, Singapore, Taiwan, and Thailand.

To use your Wirex card, you will need to add funds to it. You can do this by transferring money from your Wirex account, by receiving a transfer from someone else, or by using a third-party payment provider. Once your card has been loaded with funds, you can use it to make purchases or withdraw cash.

In addition to rewards, Wirex Card offers exclusive deals and discounts that you can take advantage of. You can also enjoy up to $200 fee-free ATM withdrawals globally, and there are no annual or foreign exchange fees to worry about.

Other important factors to consider when researching alternatives to Wirex Wallet include ease of use and reliability. The best overall Wirex Wallet alternative is Coinbase Wallet. Other similar apps like Wirex Wallet are Zengo Wallet, Exodus, Trust Wallet, and Luno.

The Wirex card supports 150+ traditional and fiat currencies and nearly a dozen fiat currencies in Europe and a few Asian and Pacific countries, and U.S. cardholders pay no issuance, monthly, or withdrawal fees.

Next, choose an account to pay the delivery fee and confirm the order. Your physical card may take up to two weeks to arrive.

The Wirex Card operates as a debit card, meaning you can spend funds directly from your Wirex account, encompassing both cryptocurrency and traditional fiat currency.

Ensure that you have enough funds, check your PIN, and verify the ATM limits before attempting another transaction. If the issue persists, contact the Wirex Customer Support team for assistance.

Can someone send me money on Wirex? ›

If the recipient is a Wirex user, you can send money by entering their Wirex nickname, phone number or email associated with the Wirex account. After entering the amount and recipient's details, review the transaction details to ensure everything is accurate.

Fact: Wirex offer robust security features such as two-factor authentication (2FA) and biometric confirmation to safeguard user accounts. By implementing these measures, Wirex adds an extra layer of protection, making it significantly more difficult for hackers to breach accounts.

ATM Withdrawal:

The maximum amount you can withdraw for free is 200 EUR a month, after which a small fee of 2% will be applied.

Transfer funds from your relevant accounts to your X-Account to start earning interest. Your X-Account is now open, ready to earn high-yield interest. Note that the minimum required amount is 1 USD or equivalent, with a maximum limit of 250,000 USD. Start maximizing your earnings effortlessly!

If you don't transact with us for 18 months or longer, we'll charge you a storage fee at a rate of £/$/€ 5.00 per month, per balance at the current prevailing exchange rate. For crypto balances, the storage fee will be charged per balance at a rate of 0.003 BTC or equivalent per cryptoasset account per day.