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Why Do Banks Exist? Do We Still Need Them?

Banks are one of the most polarising topics around. Like any business, banks exist to make money- and they’re good at it. The fact they do this using our hard earned money is a sore point. Most people view traditional banks as faintly villainous and we’re quick to blame them for economic issues. Despite this… View Article

What are the Tax Implications of Holding Crypto?

It has been a wild year for the cryptocurrency market, but as January rolls around the big question for many people is this; Do you have to pay tax on cryptocurrencies? The answer, for almost everyone, is a resounding yes. Although there are some exceptions, you should assume you’ll be paying some form of tax for cryptocurrency… View Article

Why Market Cap is More Important Than Price

The dollar price of Bitcoin and other cryptocurrencies gets a lot of attention and scrutiny. But surprisingly, the price of a digital currency isn’t the best way to assess its value – the market cap is far more important. Here’s why you should focus on that. What does market cap mean? In its regular usage,… View Article

Why Customer Verification Is Super Important

There’s a common misconception that Bitcoin is fully anonymous, so many people are surprised when they sign up for a Wirex account or crypto exchange and are asked to provide proof of their identity. There’s a good reason for that – it’s part of KYC. What is KYC? KYC (‘know your customer‘) verification is how businesses find… View Article

Why You Should HODL Through the Dips

HODL is a key term on the growing list of cryptocurrency related slang. It originated in 2013 when a tipsy forum member made a thread entitled ‘I AM HODLING’ (a misspelling of ‘holding’) to declare his decision to hold Bitcoin no matter what. Other forum members immediately latched onto the term. HODL has stuck around… View Article

Do you need to buy a whole bitcoin?
Do You Need to Buy a Whole Bitcoin?

If you didn’t get into Bitcoin in the early stages, it might seem like it’s too late now. Prices are soaring to intimidating levels and few of us have thousands of pounds sitting around to spend on a whole Bitcoin. But the truth is, it doesn’t matter if you can’t afford a whole Bitcoin or… View Article

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Wirex contactless cards waiting list
Wirex Contactless Card Waiting List

The wait for our new contactless card is almost over. Having sourced suppliers, taken community feedback and opinion on card design and finish and commenced with manufacturing, plastic cards will become available within the coming three to four weeks. To ensure you’re on the waiting list, enter your email and update to the latest version… View Article

Wirex Introduces Discord To Bring Customer Community Together

At Wirex, we’re always looking for new and improved ways to listen to your feedback. Hearing what you like, what you think could be better and what you’d like to see in the future helps us to keep improving. And if you’ve got a problem we want to be able to solve it for you… View Article

How Can You Tell If Wirex Is For Real?

The crypto space can seem like a wild west of unregulated and unlicensed companies, scammers, hucksters and other opportunists. As bitcoin is still relatively new, there are a lot of widespread misunderstandings. Many people see it as a get rich scheme, without considering the underlying technology or purpose. Scammers exploit this confusion, giving the entire… View Article

Get Your Account Verified In Minutes, Not Weeks With Wirex

Many cryptocurrency exchanges take weeks to verify accounts. When you sign up for a Wirex account, expect to get verified within minutes in most parts of the world. If a manual check is required (this is necessary for some countries), you’ll still have a fully functioning account within just two days. What’s the point of… View Article

Is Google Banning Crypto-Related Ads From Its Service a Good Thing?

Google recently announced its plan to ban online advertisements related to cryptocurrencies – including ads for everything from ICOs to exchanges and wallets. Facebook announced a similar ban in January. With the two largest online advertisers seemingly condemning cryptocurrencies, prices dropped and investors around the world panicked. Is this the start of a wider crackdown?… View Article

Wirex for Europe – when can you expect your accounts?

Wirex gives you financial freedom, flexibility and total control over your money. Low or no fees. Fast deposits and transfers. Here’s what’s different for UK and EU residents. UK residents If you’re a UK resident, you can open a GBP current account with a free virtual payment card – right now. This is a ‘real’… View Article

What Makes Wirex So Secure Compared To Other Bitcoin Exchange and Wallet Providers?

Security should always be the #1 priority when you are choosing an exchange. With a Wirex account, your money couldn’t be safer. Don’t believe us? We’ve got proof. Wirex is official PCI DSS certified. What is PCI DSS certification? Another acronym? Yes, but this is one you’ll want to know about. PCI DSS stands for… View Article

How Crypto Could Help Bank The Unbanked

Bitcoin mean different things for different people. For some, the significance lies in the technology. For others, it’s all about making money from investments or mining. Others view it as a community, a movement or a business opportunity. But there’s another important possibility which doesn’t get much discussion. Cryptocurrencies can help us to fight financial inequality…. View Article