Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptoknowmics 2022-03-01 11:53:58

Wirex Payment System Integrates Avalanche Blockchain

Regulated digital payments platform, Wirex has integrated Avalanche Blockchain in its recently launched Wirex Wallet and payments app. Avalanche Now Live in the Wirex App, Wallet Wirex has announced the integration of the Avalanche ecosystem where users can now send, receive, store and exchange Avalanche’s native token, AVAX on its official app. It will also support the addition of custom tokens through the Avalanche blockchain, in the coming future. In addition, Wirex users will also be able to earn 20% in annual interest on AVAX through the firm’s recently launched DeFi savings product, X-Accounts. Commenting on the development, Pavel Matveev, CEO, and Co-Founder of Wirex, said: “Avalanche’s reputation for improving blockchain’s accessibility closely aligns with Wirex’s, where we can together help to offer users of all backgrounds more choice and flexibility over how they wish to use crypto.” Wirex is a digital payments platform that allows its users to spend around 62 fiat currencies and cryptocurrencies. The platform has over 4.5 million users with a presence in more than 120 countries. Wirex Not New to the Crypto World In 2015, Wirex created the first cryptocurrency-enabled payments card, the first to launch such a product. Last month, the company expanded its operations in the US including forming partnerships with leading blockchain platforms like Binance Smart Chain, Fantom, and Polygon. Wirex also has its own native u...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.