beststocks.com
A new way to pay for things is now available. Wirex is a payment system that allows its 4.5 million users to access their money differently – through blockchain and cryptocurrency. The Avalanche blockchain (AVAX/USD) has been integrated with Wirex.
With the advent of this technology, many exciting possibilities are to come. For example, Wirex plans to offer new services such as lending, investing, or lending with its cryptocurrency. The objective is to make it easier for customers to use digital currencies daily.
Wirex accepts that its users use approximately 62 fiat and cryptocurrencies. Wirex is also supported by the Wirex platform on over 61 million websites worldwide.
Wirex has been a bitcoin-friendly company since its inception in 2014. They are now taking it a step further with the launch of the Wirex Payment System.
That is another significant step towards becoming a digital-first company to grow as fast as possible. And with the latest update, they are sure to attract more users to join their platform.
Wirex is the first cryptocurrency platform in Europe to offer this feature. The service allows users to link their Wirex debit card to an account and then use it as a payment option when buying or selling cryptocurrencies on exchanges.
Avalanche’s Wirex recently announced that it would integrate. Avalanche’s native token AVAX can now be stored, sent, received, stored, and exchanged via Wirex. In addition, avalanche’s blockchain will allow the creation of custom coins.
The business will support other AVAX-based tokens over the coming months. Wirex customers will be eligible to receive a 20% annual AVAX interest rate, which will be paid to them. This interest will be paid out by X-Accounts, which is a decentralized financial savings product.
The service is used by more than 4.5 million people and has been established in over 120 countries. Users can access apps, wallets, as well as payment systems.
John Wu, one of the founders of AVAX, spoke out to discuss this development. He stated that Wirex is leaping into the future.
Wirex also plans to offer trading and analytics tools to investors to follow the market. The company noted that more than 4 million people have signed up for the service since its launch in January this year.
“Wirex is proud to offer one of the first blockchain-based debit cards in Europe, and we are excited to be able to provide our customers with access to cryptocurrencies,” said Pavel Matveev, CEO of Wirex. “Our goal is to help people turn their fiat into cryptocurrency without having a headache.”