We’re excited to announce that Avalanche is now live in the Wirex app and the Wirex Wallet!
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. It is blazingly fast, low cost, and eco-friendly. It is compatible with Ethereum smart contracts and tooling, enabling Ethereum users and developers to quickly access high-performance decentralized apps.
By adding support for Avalanche natively in the application, we’re enabling mainstream users to access DeFi easier than ever before. Users can receive, send, store and exchange them on their mobile devices, securely and efficiently. Users will also be able to take advantage of cheaper gas fees, as well as the ability to add custom tokens on those blockchains.
Both Ava Labs, the team supporting development of the Avalanche blockchain, and us here at Wirex, have worked with payment technology company, Mastercard, to help make this a reality. We became a crypto card program partner in 2020, and Avalanche became a member of the Mastercard Start Path Crypto engagement program in December 2021.
Our arrival in the US in February enables tens of millions of crypto users in America to access these new features, as well as the Polygon, Binance Smart Chain and Fantom blockchains that launched globally on the Wirex Wallet at the same time. With the launch of the Avalanche blockchain, we have plans to add multiple Avalanche-based tokens to our platform next month, building on the 33 other tokens that we’ve added since May.
Keep your eyes peeled! We’ve got more insight on Avalanche coming your way soon.