Benefits of the Wirex card explained (2024)

FAQs

Benefits of the Wirex card explained? ›

Besides being able to spend traditional currencies like a normal debit card, one of the biggest benefits of the Wirex card is that it allows you to spend your cryptocurrency in the same way you would use traditional currency. This means you can use your crypto to buy groceries, pay bills, or book a hotel room.

The card offers several benefits, including free ATM withdrawals, low fees, and Wirex's Cryptoback rewards program. Multi-Currency: The Wirex card supports crypto assets and fiat currencies, increasing accessibility.

It's hard to say for sure as no card is perfect for everyone. The Wirex Visa card has a relatively simple rewards structure where you can earn up to 8% back in crypto rewards. Converting from X-Points is annoying but you do get to choose between 37 different cryptocurrencies, which is a very nice selection.

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.

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.

Fact: Keeping your money safe is one of our key focuses at Wirex, as is accessibility, which is why we use multisig mobile wallets. Combined with the existing safety assurances of the blockchain, our wallets incorporate a range of security measures to ensure the risk of theft is minimised.

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 Wirex Card operates as a debit card, meaning you can spend funds directly from your Wirex account, encompassing both cryptocurrency and traditional fiat currency. It is not a credit card, as it uses your own funds.

Regulated: Wirex is regulated by FCA, Bank of Lithuania and by the MAS. Customer Support: Users may contact customer support by raising a support ticket. The Customer Support team is extremely responsive. Fiat Money: Users may send, receive, exchange, and spend any one of 9 supported fiat currencies.

Why can't i withdraw from Wirex? ›

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.

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.

Step 4: Send funds to your Wirex account

You can then proceed to send funds to your account. Enter the amount you want to transfer and confirm the transaction. You can send up to 250,000 EUR/GBP per day and a maximum of 3 bank transfers in a single day.

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.

LONDON, Feb. 7, 2022 /PRNewswire/ -- Wirex, a leading digital payments platform, has launched its services in the US, giving millions of people more affordable, easy and secure access to crypto and fiat currencies in everyday life.

And it all adds up - you can earn up to 8% in WXT, which you can then do whatever you like with: HODL it, exchange it or spend it with your Wirex card. X-tras: Our futuristic rewards programme, X-tras, rewards customers in more ways than one. With three different price plans to choose from, you're in complete control.

Regulated: Wirex is regulated by FCA, Bank of Lithuania and by the MAS. Customer Support: Users may contact customer support by raising a support ticket. The Customer Support team is extremely responsive. Fiat Money: Users may send, receive, exchange, and spend any one of 9 supported fiat currencies.