Wirexapp Crypto & Fiat Multi-Currency Solutions Review
Wirex bitcoin debit card and Crypto wallet is an account and an application that allows its users to combine their cryptocurrencies with their fiat currencies. As a user, you can convert your Bitcoin or other altcoins to fiat currencies (USD, EUR, and GBP) and you can also do the reverse. Since inception, the platform has witnessed over $2.0 billion worth of transactions and it currently has about 2 million users worldwide.
While the company’s headquarters is in London, it has branch offices in Japan and Ukraine. Most importantly, the platform supports about 130 countries with the exclusion of the United States.
So, What is Bitcoin debit card?
Regular prepaid debit cards that can be top up with Bitcoin and to be exchanged to the traditional fiat currencies such as USD, GBP, and EUR. The Bitcoin debit card can be used every the card issuer is accepted, online and offline purchases.
Here are some of the features of the Wirex application.
Bitcoin payment solution
With your Wirex account, you can pay for goods and services with your Bitcoin. You can use it to pay for transportation, you can use it in bars, restaurants, and you can also use it online. It is easy and secure. With its Bitcoin credit card solution, you can convert your Bitcoin to traditional currency instantly and use it for payment.
Its best feature is the cryptocurrency wallet that allows the user to select one of its 10 different currency wallets and one of its 5 crypto wallets. The cryptos available on the platform are DAI, XRP, ETH, LTC, and of course, BTC. And the fiat currencies that are supported by Wirex application are USD, EUR, GBP, AUD, CAD, CHF, CZK, HKD, JPY, MXN, and SGD. The best part is that you can carry out Bitcoin exchange with your wallet.
You can exchange your Bitcoin with any of the fiat currencies and any of the other digital currencies. It takes just 2 steps and there’s no fee or commission attached. You can fund your wallet through bank transfer, credit/debit card, or cryptocurrency and all of them are free of charge.
Wirex Visa card charges
Wirex Money Transfer
You can transfer money from your wallet to any part of the world. You can transfer cryptocurrencies or convert it to any of the fiat currencies offered on the platform before transferring. Not only is the rate competitive, the charges for transfer are also very low.
Wirexapp support team is always available and accessible to users 24/7/365. You can reach them through email or by filling their online contact form.
Pros of the Wirex bitcoin wallet and card
• The platform is safe and reputable, Wirex is PCI DSS Level 1-certified, giving the highest level of protection.
• It is very easy to use.
• Wirex is a licensed e-money issuer with the FCA
• Their Crypto Cashback Rewards scheme allows you to earn rewards with your Wirex Visa Card.
• You can easily spend your Crypto in different stores
• They offer a physical debit card
• You can have multiple wallets.
• There are fiat options too.
• Most of their services are free.
Cons of the Wirex bitcoin wallet and card
• There are charges for using their card on ATMs.
• You pay a monthly fee for having a physical card.
• The platform is not available in the United States. See the supported Countries list
There are a few more features/services that were not mentioned above. Despite their few drawbacks, the application is a great one that gives users control over their cryptos and convenience in spending them.