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Benefits of Wirex Wirex covers 130 nations throughout the world, so there is a good chance that you can order it from where you live. Wirex features a mobile app so you can quickly and easily check your balance and make transfers. You can also utilize it to exchange cryptocurrency for fiat money or vice versa. Finally, the app allows you to send cash to other apps like PayPal. Wirex take your security seriously and provides users the alternative to enable 2-factor authentication. Users are also confirmed to secure them from theft and scams. The Wirex card is a wholly fledged debit card in the UK, which indicates that you do not have to preload it before you can use it. It puts your cash in a present account, and you’ll have both sort code and account number. Finally, you will make 0.5% cash-back (or token-back, as you get paid in crypto) when you use the Wirex card in-store.

Downsides of Wirex The Wirex debit card can be sent out to 130 nations, but it can take as much as eight weeks to arrive in your mailbox. The confirmation process for security functions can be a little longer to complete, which is off-putting to some clients. The process requires several documents to show your identity and can use up to 10 days. Only UK users have access to the “genuine” Visa card. US providers and other European carriers will have to preload the card before using it.