Understanding X-Accounts: Trust and Innovation

Region: Europe
Jul 20, 2023, 10:53:33 AM Published By Wirex Team
  • Discover how X-Accounts by Wirex can help you earn up to 20% APR in passive income
  • Learn about the mechanics, transparency, and sources of yield

X-Accounts has proven to be one of our most popular features available in Wirex, with over 200,000 X-Accounts having been opened since launch! Offering passive income of up to 20% APR just by depositing your funds in an X-Account, it caters to the needs of users seeking a transparent, secure, and innovative way to earn yield on their digital assets.

Having established ourselves as one of the most trusted solutions in the space, we’re sharing the mechanics behind X-Accounts so you can rest assured that your money is safe there.

What is X-Accounts?

X-Accounts is our game-changing feature that allows you to earn unprecedented levels of passive income, just for depositing your funds. You can deposit multiple traditional and cryptocurrencies at any point, earning up to 20% APR that can be withdrawn any time, with interest compounded daily and paid weekly. And having recently launched X-Accounts Plus, you also have the option to deposit your funds for 30 days to earn higher interest rates!

Understanding the Source of Yield in X-Accounts

We’re committed to providing complete transparency regarding the source of yield for its X-Account products, so we’ve broken this down for you below:

X-Accounts Flexible

Funds deposited in X-Accounts Flexible products contribute to liquidity for trading within the Wirex app, as well as advanced trading products like DUO and Wirex Multiply. The interest generated is derived from revenue produced by trading activity.

X-Accounts Plus

X-Accounts Plus deposits may be utilised for staking on Proof-of-Stake (PoS) networks, generating staking rewards. For non-PoS tokens, Wirex may offer high-yield promotions through marketing campaigns. The interest paid stems from revenue generated by both staking and trading activities.


Interest on promotional campaigns is usually available for a limited time or limited allocation. Wirex may offer high-yield promotions through marketing or sponsored campaigns to further incentivise users.


Additional WXT interest serves as a marketing strategy to promote the adoption and awareness of WXT. This interest is paid from the WXT revenue acquired through X-Tras subscription purchases.

Hopefully this helps you to understand how X-Accounts work, so why not start earning passive income today!