Wirex | Making currencies equal and available to everyone (2024)

FAQs

Wirex | Making currencies equal and available to everyone? ›

Wirex is a digital payment platform that aims to make crypto and traditional currencies equal and accessible to everyone.

Wirex gives investors and traders access to the most popular cryptos in the market place. Supported cryptos include Bitcoin (“BTC”), Dai (“DAI”), Ethereum (“ETH”), Litecoin (“LTC”), Nano (“NANO”), Ripple's XRP (“XRP”), Stellar's Lumen (“XLM”), and Wirex Token (“WXT”).

Other important factors to consider when researching alternatives to Wirex Wallet include ease of use and reliability. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to Wirex Wallet, including Coinbase Wallet, Zengo Wallet, Exodus, and Trust Wallet.

To withdraw funds from your Wirex account via bank transfer, simply log in to your Wirex account, click on "Send" and select the "Pay" option. Choose the relevant currency account (EUR or GBP) and then select "Bank Transfer". From here, enter the amount you wish to withdraw and the recipient details for the transfer.

Step 4: Send funds to your Wirex account

You can send up to 250,000 EUR/GBP per day and a maximum of 7 bank transfers in a single day.

Wirex Wallet Features

Wirex provides a payments platform that enables individuals to manage and use digital and traditional currency in one place. Available on the web and mobile, Wirex enables crypto users to store, send, receive, buy, sell, and spend 37+ crypto assets.

Wirex's integration of a Dark Web Monitoring tool, as a complement to existing measures, underscores the company's ongoing commitment to security. As a regulated financial institution, we prioritise compliance with Know-Your-Customer (KYC) regulations to uphold financial integrity and security.

Wirex is a unique UK fintech that aims to make all currencies equal. Operating in 130 countries with 3.1m registered users, this crypto-friendly payments platform launched the world's first crypto-enabled payments card. In 2020, Wirex became Mastercard's first crypto-friendly principal member.

The platform supports many of the main cryptos on the market, and allows you to buy them with fiat money. On top of that, it also offers its customers a crypto-based debit card - a very unique feature for an exchange platform! So, in short - Wirex is definitely worth checking out.

Wirex is UK-based provider of cryptocurrency wallets linked to physical and virtual Visa debit cards, as well as cryptocurrency and traditional currency exchange and payment solutions. The company has offices in London, Singapore, Tokyo, Delaware, Toronto and Kiev, Ukraine, where the bulk of its operations are based.

Why can't I withdraw from Wirex? ›

If your account is blocked, you will not be able to withdraw cash. In this case, contact the Wirex Customer Support team for assistance. Another reason why your cash withdrawal may be declined is due to technical issues.

Step 1: Open the Wirex app and log in using your credentials. Step 2: Navigate to the "Cards" section of the app. Step 3: Select the card you want to link an account to. Step 4: Click on "Linked Accounts."

You can also withdraw cash from ATMs using your Wirex card, which makes it easy to access your funds when you need them.

In summary, wire transfers over $10,000 are subject to reporting requirements under the Bank Secrecy Act. Financial institutions must file a Currency Transaction Report for any transaction over $10,000, and failure to comply with these requirements can result in significant penalties.

There aren't any US laws on sending money abroad that limit the amount you can send.

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.

Depositing cryptocurrency into your Wirex account is a hassle-free and straightforward process.

The Wirex Card is globally accepted at over 61 million locations, anywhere Visa or Mastercard are accepted. This versatility includes online and in-store purchases, along with ATM withdrawals, providing comprehensive coverage for your spending needs.

How can I add funds by depositing crypto into Wirex? Choose the crypto you'd like to top up. Select the network that you will be sending the cryptocurrency on. Make sure you confirm this before you move forward!

Click on your PayPal Balance. Hit Withdraw Money. Select your Wirex card. Tap Next and enter the amount you want to add.