Take a Tour of the Wirex Ecosystem!

Region: Europe
Apr 21, 2023, 9:31:16 AM Published By Wirex Team
  • The Wirex ecosystem consists of multiple industry-leading products across the Wirex app and Wirex Wallet
  • Earn unprecedented levels of interest from our high-yield wealth products, including X-Accounts, DUO and Cryptoback™
  • Grow your portfolio and earn rewards from simple actions

The Wirex ecosystem is an ever-expanding one. In fact, we’ve recently added so many exciting new products and features, we thought it was about time we showed you around. 

Ready to see what we’ve got? 

Buy and exchange 

Get started by quickly and securely adding funds to your Wirex account with your local bank card. Choose from 150+ currencies, then exchange them in-app until your heart’s content at the best in-market rates. All it takes is a couple of taps! 

Deposit and collect 

We recently launched DUO*, our easy-to-use, yield generating product that provides up to 400% APR. It’s a win-win way for you to invest an asset pair and lock it for a set period of time to collect high yield based on the difference in market price changes between the assets. What’s more, is that it’s free to use, and the more locked and shorter amount of time it’s locked for, the higher APR you could earn.

HODL and grow 

Don’t just HODL your crypto, watch it grow by moving it into an X-Account. You’ll immediately start earning up to 20% APR on select currencies without even lifting a finger. Your interest will be accumulated daily and paid weekly. Changed your mind? And with X-Accounts Plus, you can earn up to 6% more interest by depositing your funds for 30 days.

Swap and save 

Want to swap tokens and save on fees while you’re at it? The Wirex Wallet**** lets you do just that – effortlessly exchange your digital assets across different blockchains, at the very best prices available. The Wirex Wallet offers super-secure non-custodial storage for your crypto and NFTs, and lets you connect directly to DeFi protocols to unlock high-yield earning power. Download it now on Google Play or the App Store to give it a go!*** 

Stake and borrow 

Met Wirex Credit** yet? It lets you instantly borrow stablecoins against 20+ cryptos. For a limited time only, you can borrow up to 70% of the value of your collateral and pay as low as 6% interest. Plus, you can forget fees and drawn-out credit checks – your funds will be with you in seconds! Find out more about Wirex Credit in this blog

Spend and earn 

Spend your crypto in real life with the Wirex card and you’ll automatically earn up to 8% CryptobackTM rewards every time! Plus, the Wirex card automatically pays in the local currency without you having to exchange first. Pretty hi-tech, right? 

Upgrade and boost 

The X-tras programme was designed to make your Wirex experience more rewarding than ever. Start by choosing from three flexible price plans to pick your perfect rates. Want to secure the highest levels of Cryptoback™ rewards and X-Accounts*** interest? Who wouldn’t? Each price plan is made up of different tiers. By locking a certain amount of WXT for 180 days, you’ll be boosted up a tier. And the higher your tier, the closer you are to earning that generous 8% Cryptoback™rewards and 20% APR with X-Accounts. Get a more in-depth look at what you can earn and how here.

Lend and lock 

Have you come across our partner, Nereus, yet? The popular DeFi lending protocol offers the opportunity to earn WXT rewards in return for providing liquidity to the protocol. By either staking or locking WXT in the protocol, you could earn platform fees, penalty fees and other crypto rewards. Check out the Nereus whitepaper for more information about how you can get involved. And don’t forget, Nereus’s very own fully collateralised stablecoin, NXUSD, is now available in both the Wirex app and the Wirex Wallet! 

Multiply and profit 

Our newest feature, Wirex Multiply*, allows users to loan a portion of their assets to predict the future price of a cryptocurrency. They can multiply that loan by up to 50 to boost their potential return and the risk. Easily put in place Take Profits and Stop Losses to have the ultimate control over your Multiply, and why not read about our Head of Trading’s tips to create a successful Multiply?

So, there’s a quick guide to everything on offer in the Wirex ecosystem. Where are you going to start? 

* Crypto products, including DUO and Wirex Multiply, can be risky for users. The value of your assets may change significantly and lead to a total loss, and there may be no regulatory recourse for any loss from such transactions. Please do your research thoroughly. Subject to the T&Cs and Privacy Policy.   
** Availability for Wirex Credit may differ by region. All credit lines are provided in stablecoins. Cryptocurrency is volatile and all lending is conducted at the user’s risk. Subject to the T&Cs and Privacy Policy.
*** X-Accounts are made up of cryptocurrencies. Subject to the T&Cs and Privacy Policy
**** The Wirex Wallet is a non-custodial wallet connecting users with DeFi services. See terms and conditions for more information

share