Wirex News

Drop everything – WXT is here

Jun 21, 2019, 5:14:08 PM Published By Wirex Team

The exclusive WXT pre-sale is now live!


Due to overwhelming interest in the Wirex Token, we decided to make the pre-sale fairer and more accessible. After all, we didn’t create WXT to provoke a buying frenzy; we created it so that all of our customers have equal access to unique benefits like reduced fees and super-charged rewards. To make sure that all of our verified customers have a fair chance to purchase WXT during the pre-sale:
  • We have increased the amount of WXT released during the pre-sale by 50%. This means that 3% of the total supply ($3,000,000 worth of Wirex Tokens) will be available for purchase throughout the sale.*
  • We are capping the amount of WXT you can buy for the first three days of the pre-sale to allow as many people as possible to benefit from holding WXT. After this, there is no limit to how much you can buy (while stocks last):
  • 24th- 26th (pre-sale days 1-3) - max. $500 worth of WXT per person
  • 27th-30th (pre-sale days 4-7) – no limit, while supply lasts


Tokens will be distributed on a first-come-first-serve basis at a fixed price of $0.01 per token for the duration of the sale. What are you waiting for? Get your WXT now!

Buy WXT
 

Initial Exchange Offering


The Wirex Token (WXT) Initial Exchange Offering (IEO) will take place through OKEx’s OK Jumpstart programme, during which up to $2 million worth of tokens will be released (2% of the total WXT supply) to the public. It’s going to be hectic. Tokens will be available on a first-come-first-served basis and we anticipate a lot of interest. Similar IEOs have sold out in as little as 30 minutes; given the limited amount of WXT available, there’s no reason why this won’t happen again. The date and full details of the WXT Initial Exchange Offering will be confirmed by OKEx in the coming days, so keep your eyes peeled!
 

The token of the future


The Wirex Token (WXT) is our next step on the road to mainstream cryptocurrency adoption. A Stellar-based utility token, WXT was created with the token economy in mind. As well as preparing us for the payment environment of the future, the Wirex Token allows us to help our users get the most out of Wirex, whether it’s heavily-discounted fees or bespoke merchant offers.
 

How it works


Owning WXT is like owning your very own piece of Wirex. But that’s just the beginning: depending on the number of tokens you buy, you’ll unlock a whole host of super benefits:

Discounts

Save money on exchange fees, bank transfer fees, withdrawal fees, credit/debit card top-ups, monthly management fees, ATM charges and Swift transfer fees. How much is up to you!
  • 500,000 WXT ($5,000) – 100% discount
  • 100,000 WXT ($1,000) – 50% discount
  • 50,000 WXT ($500) – 25% discount

Supercharged Cryptoback™

You already get 0.5% back in crypto every time you spend in-store with your Wirex Visa card – now you can boost these rewards and earn up to 1.5% Cryptoback™ on your spending.

  • 500,000 WXT ($5,000) – 1.5% Cryptoback™
  • 100,000 WXT ($1,000) – 1% Cryptoback™
  • 50,000 WXT ($500) – 0.75% Cryptoback™

Premium Access – coming soon

As if discounted fees and enhanced rewards weren’t enough, we’re introducing a range of premium features in late 2019. Once again, the number of Wirex Tokens you hold will give you access to benefits like the premium Wirex Visa card, bespoke merchant offers, concierge services, airport lounge entry and early access to the latest Wirex innovations.

Why-E-O?

You’ve probably heard of ICOs (initial coin offerings). They got a bad rep at the height of 2017’s crypto summer thanks to a handful of unscrupulous companies seeking to make a quick buck. Thankfully, IEOs (initial exchange offerings) are a different proposition. They only take place on reputable exchanges like OKEx and are subject to a lengthy compliance and verification process. Long story short, only legitimate tokens make it to sale.

You can find out more about the Wirex Token by reading our WXT Whitepaper. Remember, only verified Wirex users can buy WXT during the exclusive pre-sale. If you haven’t already, register with Wirex and verify your account now!

Buy WXT now

*Tokens acquired during the presale will be locked for a six-month period from the date of purchase.

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