Wirex Payment Card Review
Wirex Payment Card
Wirex is a payment card which can be used at ATM, for in-store purchases, or for online shopping. Over 50 cryptocurrencies are supported. Cards can be denominated in USD, EUR, or GBP as a base currency. The card is supported in over 130 countries worldwide. The services and card are not available in the United States, India, or in most Arabic countries. A few options are offered for purchasing cryptocurrency with Wirex. Funds can be transferred to your Wirex account through your bank account or through a payment card. Fees of about 2-3% will exist for the payment card option.
Users can manage their account via an application. The card can be funded with cryptocurrency in-app and exchanges can be made between fiat and cryptocurrency in the app also. The app is available both in the Google Play Store and the App Store. Two-factor authentication can be enabled to increase security.
Strict limits are applied until the verification process is complete. Proof of identity along with proof of residence is required for the verification process. 2000 USD is the limit on ATM withdrawals per day once the verification is complete.
Cards are available and functional and there have been no major complaints from the online cryptocurrency community. Wirex currently has over 1.5 million users with over 1.5 billion transactions recorded.