We’ve upgraded our crypto custody technology provider!

Region: Europe
May 30, 2022, 11:00:00 AM Published By Wirex Team

We’ve recently made some changes to our crypto custody technology provider. All cryptocurrencies available in the Wirex app are now supported by leading digital asset and crypto technology provider, Fireblocks!

While many of our newer tokens were already supported by Fireblocks, we decided it was time to upgrade our remaining cryptocurrencies, as well.

This means that your tokens now have a new crypto address, which has replaced your old addresses.

For more information about the upgrade and when your old crypto addresses will expire, check out our FAQs or Help Centre.

In the meantime, here’s what the upgrade means for your crypto:

Lower blockchain fees

Sending crypto? Save as much as 67% on gas fees when transferring funds, thanks to Fireblocks’ cutting-edge Multi-Party Computation (MPC) technology.

One address for all tokens

Use just one crypto address for all of your tokens on a wide range of blockchains, including Ethereum, Polygon and Avalanche.

Support for more tokens & blockchains

Choose from even more tokens and connect to even more DeFi applications via different chains. Plus, we’re adding support for new tokens and blockchains all the time, so stay tuned!

Digital asset insurance

HODL with peace of mind thanks to Fireblocks’ insurance coverage of $30m.

Enhanced transaction processing

Our upgraded infrastructure means that your transactions can now be processed without delays - even during peak hours and market rallies.

Native SegWit support for Bitcoin

Benefit from significant blockweight savings by sending crypto with a SegWit address. Not sure if your address supports SegWit? If the address on the receive screen begins with “bc1”, you’re good to go!