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Crypto startup Wirex releases latest version with support for 10 new fiat currencies

Thu, 28 Feb 2019, 06:29 am UTC

Wirex, the UK-based digital money platform, has announced the release of its latest version, Wirex 3.0.

Among other things, the latest version has added support for 10 new fiat currencies. In its official announcement, Wirex said that the platform has been overhauled to give users more control over their digital and traditional currency.

Importantly, EEA (European Economic Area) users updating their app to the latest version will receive unconditional access to Over-the-Counter (OTC) rates for crypto exchanges as well as traditional currency exchange at the interbank rate.

The platform has added support for 10 new fiat currencies, including the Hong Kong dollar, the Singapore Dollar and the Australian Dollar (AUD). Clarifying further, Wirex provided a breakdown of traditional currencies per region:

EEA: AUD, CAD, CHF, CZK, HKD, JPY, SGD, EUR, USD, GBP
APAC: AUD, CAD, CHF, CZK, HKD, JPY, SGD, EUR, GBP
Rest of the World: AUD, CAD, CHF, CZK, HKD, JPY, SGD, EUR, GBP”

In addition, Wirex is also introducing new ways for users to transfer in and out of their account using Faster Payments, SEPA and SWIFT; a new transparent fees structure; and a new-design Wirex Visa card, among other things.

“It’s not just Wirex users in Europe who will benefit from 3.0. We’re now able to bring these exclusive features to Wirexers in the APAC region and Canada,” it said.

“Users in these territories can enjoy Wirex accounts in their local currency for the first time, as well as the same unconditional access to OTC and interbank rates for crypto and FX exchanges respectively.”

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