WXT and EVM-compatible chains

Region: Europe
Apr 8, 2022, 11:00:00 AM Published By Wirex Team

We listened to your feedback regarding WXT and decided to put more focus on EVM-compatible chains like Ethereum and Avalanche!

So, what does this mean for the Wirex Token?

While you can no longer transfer WXT out of Wirex via the Stellar Network, you can quickly and easily exchange it to Ethereum or Avalanche-based WXT in the app before sending it to an external wallet. If you’re subscribed to either the Premium or Elite price plan, you can still add Stellar-based WXT to your Wirex account, which you can then exchange in-app.

Basing WXT on Ethereum makes it easier than ever to enjoy all the benefits of DeFi - whether you choose to deposit it in a liquidity pool to earn passive income, exchange it into an ERC-20 token on a DEX or use it as collateral for a loan on a lending protocol.

Then there’s Avalanche. One of the fastest-growing ecosystems in the industry, it opens the door to a whole host of innovative DeFi projects, a multitude of digital assets and significantly cheaper gas fees.

Ready to explore all this and more?