Wirex is one of the longest-running cryptocurrency debit card options in existence. The company behind the Wirex Mastercard card was established in 2014.
The Wirex platform has continued to offer its service throughout different booms and busts in the cryptocurrency market.
A cryptocurrency, also known as crypto, is an encrypted data string that denotes a unit of currency/coins.
It is organized and monitored by a peer-to-peer network known as a blockchain, which serves as a secure ledger of transactions, e.g., selling, buying, and transferring.
This article will give you a better and more precise understanding of the Wirex Visa payment card.
Can you Buy Things with Cryptocurrency?
Cryptocurrency, also called crypto, is any currency or coin that exists virtually or digitally and uses cryptography to secure transactions.
Cryptos don’t have a regulating or central issuing authority. Instead, it uses a decentralized system to record transactions and issue new units.
The most convenient and easiest way to make purchases using cryptocurrencies is with a crypto debit card.
These debit cards, available from major cryptocurrency exchanges and other providers, allow users to withdraw cash from participating ATMs. Many join significant networks, such as Visa and Mastercard.
How to Buy Things with Cryptocurrencies Using Wirex Visa Payment Card
The Wirex platform supports 3 payment methods: credit, debit card, and e-wallets. Below are ways how to buy things with crypto using the Wirex card
#1. Register Your Wirex Account.
If you don’t have a Wirex account, the first thing to do is to register one. To get the best Wirex platform can offer, create your cryptocurrency account, and order a debit card.
#2. Get Verified
To use Wirex’s platform’s main features, you will need to verify your identity, which usually doesn’t take long.
#3. Add Some Money to Your Wirex Account.
To add money to your account, you have a few options like add some cryptocurrency or traditional currency to your Wirex account or buy some cryptocurrency.
#4. Order Your First Wirex Card.
You need a Wirex card before you can make purchases. To order a Wirex card, click on the card you want, and enter the necessary information, residence address, and desired payment method. Your order will be processed as quickly as possible.
#5. Add Money to Your Wirex Card.
Load some cryptocurrency onto your card (instantly converting the cryptocurrency into the card’s currency).
Congratulations! You can now use your card anywhere Mastercard is accepted.
#6. Interested in Buying Cryptocurrency?
You can always purchase crypto if you are a Wirex cardholder and ensure to activate your two-factor authentication for maximum security.
What is Wirex Visa Payment Card?
Wirex Visa card is an innovative application and payment card that allows users to seamlessly receive, send, exchange, and spend a range of virtual, digital, and conventional currencies.
Through the platform, users can make payments via the Wirex Application and payment card, which support the spending of conventional and digital currencies.
Things you Can Buy with Wirex Visa Payment Card
The multicurrency card spends cryptocurrency and US$ wherever Visa is accepted, with real-time conversion at point-of-sale and instant cryptocurrency rewards.
The Wirex card automatically converts to the local currency when paid, saving up to 3% on overseas transactions. It picks the best possible live rates and does so with absolutely no exchange fees on FX.
How to Get Wirex Visa Payment Card for Shopping
- On the platform page, scroll down to “Order cards.”
- In the Order new card window, click on “Get the card.”
- Review your personal information and the billing address. If you need to make some changes, click Contact Support.
- Choose the type of delivery you want.
- Click on the“Place order.” You will see the success message. Click on the “Back to Dashboard” to return to work with the app.
Wirex enables crypto users to manage fiat and digital currency in one place. Users can seamlessly spend cryptocurrency anywhere card payments are accepted using the Wirex Crypto back rewards card, making the Wirex card ideal for people who want to use cryptocurrency as money.
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FAQ
How do I Use a Wirex Visa Card?
Register Your Wirex Account
If you don’t have a Wirex account, the first thing to do is to register one. To get the best Wirex platform can offer, create your cryptocurrency account, and order a debit card.
Get Verified
To use Wirex’s platform’s main features, you will need to verify your identity, which usually doesn’t take long.
Add Some Money to Your Wirex Account.
To add money to your account, you have a few options like add some cryptocurrency or traditional currency to your Wirex account or buy some cryptocurrency.
Order Your First Wirex Card.
You need a Wirex card before you can make purchases. To order a Wirex card, click on the card you want, and enter the necessary information, residence address, and desired payment method. Your order will be processed as quickly as possible.
Add Money to Your Wirex Card.
Load some cryptocurrency onto your card (instantly converting the cryptocurrency into the card’s currency).
Congratulations! You can now use your card anywhere Mastercard is accepted.
Interested in Buying Cryptocurrency?
You can always purchase crypto if you are a Wirex cardholder and ensure to activate your two-factor authentication for maximum security.
Is Wirex a Visa or Mastercard?
Wirex is both a visa card and a Mastercard; the Wirex Visa Card is issued by Sutton Bank and offers up to $250,000 in FDIC insurance on prepaid card funds.
The company provides a secure wallet in the form of X-Account and Wirex Wallet. The latest Wirex card is a multicurrency Mastercard debit card available to customers in the EEA region and UK.
Is Wirex Visa Card Free?
Yes, it is. It offers free ATM withdrawals up to US$250 per month, no monthly maintenance fees, and unlimited spending
How do I Put Money on my Wirex Card?
Buying cryptocurrency with Wirex couldn’t be easier. You can use your debit or credit card to add money to crypto accounts of your choice in the Wirex app.
To add money to your account with a linked card, follow these steps:
- Select the type of currency account you want to add money to.
- Click on Add Funds.
- Click on your preferred card.
- Verify your linked card by entering the four-digit code. It is found next to the transaction on your bank statement and should look like this: WIREX0021.
- Enter the amount you want to add and confirm.
Can You Withdraw Money From Wirex?
Yes, you can withdraw cash from any ATM around the globe that accepts Mastercard. You can withdraw up to £400 a month at no additional cost, after which a small fee of 2% is applied
Is Wirex a Bank Account?
Wirex is not a bank. It implies that we can do things the banks can only dream of, like secure, super-fast, and convenient ways to move money, all on one innovative application. Plus, you can be up and running in a few minutes
Is Wirex Better than Revolut?
Wirex vs. Revolut crypto exchange overall score comparison reveals that Wirex has a higher score of 6.0, while Revolut gathered a score of 7.5.
If we look at the ease of use, it’s clear that in this Wirex vs. Revolut comparison, Wirex has a smoother and better user experience than Revolut.
Watch the video below to know how to buy things with cryptocurrency:
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