Wirex Review 2025: Fees, Features, and Everything You Need to Know
Bitcoin has hit $100,000. The crypto market is booming. To fully capitalize on this opportunity, a reliable crypto platform is essential – and in this Wirex review, we’ll explore a top contender.
Wirex is a crypto-friendly financial services platform with a clear mission: Bridging the gap between crypto and traditional banking. It offers multi-currency wallets for flexibility, and the Wirex card for seamless crypto spending. With added rewards, it’s designed to meet the needs of today’s digital finance users. Let’s dive in.
Wirex Review: Our Verdict
Whether you are a cryptocurrency enthusiast, an investor, an online shopper, or simply looking for a new payment solution, Wirex is a great addition to your digital asset journey. It enables you to buy, sell, send, receive, exchange, and spend a wide range of cryptocurrencies and fiat currencies—all from one place.
Wirex provides a user-friendly way to trade crypto and grow your wealth through interest on your holdings, boosted passive earnings, and access to instant funding. You can also spend crypto and stablecoins using the Wirex card, while earning attractive cashbacks in crypto. Its non-custodial wallet meanwhile offers a secure way to perform cross-chain swaps and store your crypto.
While Wirex has a lot to offer, its crypto support is rather limited. Users may also face relatively high Wirex fees and occasional slow customer responses.
Pros:
- Extensive fiat support
- Instant crypto-to-fiat conversions
- Crypto cashback with the Wirex card
- Multiple rewards programs
- 24/7 customer support
Cons:
- Limited crypto support
- Higher fees on certain transactions
What Is Wirex?
Founded a decade ago, Wirex is one of the earliest crypto platforms that continue to thrive today. The UK-based financial service provider boasts 6 million users worldwide who use the platform to buy, sell, transfer, and exchange crypto and grow their wealth.
When it comes to products, Wirex offers users the ability to invest and trade in crypto while boosting profits by capitalizing on market volatility. Its earning products include three main options: Wirex DUO, which offers up to 400% APR earnings; Wirex Credit, which allows you to use your crypto as collateral; and X-Accounts, a simple way to earn double-digit interest.
Then there’s Wirex Pay, a blockchain-based on-chain payment system for instant payments with zero transaction fees. On top of it all, the Wirex card is designed as the ultimate solution for spending crypto in the real world.
With its diverse offering, Wirex aims to make crypto accessible and usable for everyone, everywhere.
What Cryptos Are Supported on Wirex?
The platform offers a comprehensive range of crypto assets for trading. In total, Wirex has about 100 cryptos available on its platform, including blue-chip options like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
In addition to these major cryptocurrencies, Wirex also supports altcoins like Cardano (ADA), Tron (TRX), Toncoin (TON), Avalanche (AVAX), Uniswap (UNI), Ethena (ENA), PancakeSwap (CAKE), Ether.fi (ETHFI), Injective (INJ), dYdX (DYDX), Lido (LDO), Optimism (OP), Arbitrum (ARB), Starknet (STRK), Decentraland (MANA), and Artificial Superintelligence Alliance (FET).
This selection covers all kinds of different categories, including decentralized finance (DeFi), non-fungible tokens (NFTs), artificial intelligence (AI), bridges, and real-world assets (RWAs).
Another wildly popular and profitable narrative covered by Wirex is meme coins. In this category, the platform includes established tokens such as Dogecoin (DOGE), Shiba Inu (SHIB), and Floki inu (FLOKI), as well as current cycle favorites like Pepe (PEPE) and other well-known names like Notcoin (NOT) and Dogs (DOGS).
However, Wirex’s stablecoin picks are quite limited, featuring only PAX Gold (PAXG) and STASIS EURS (EURS). This limitation is offset by Wirex’s support for popular fiat currencies like USD, EUR, and GBP, which provides users with the necessary flexibility for seamless crypto-to-fiat exchanges.
Other Financial Services on Wirex
Wirex is a regulated platform catering to a global audience with its wide range of products and services, as we noted earlier. Next up in our Wirex review, we will focus on the two main services that make it highly appealing to both crypto and non-crypto users.
Multi-Currency Wallets
The most prominent and widely available Wirex products are its multi-currency accounts, which allow users to buy, sell, hold, and store both crypto and fiat currencies.
So, those looking to start their trading or investing journey at Wirex can either deposit supported fiat currencies or, if they already own crypto, deposit that as well. Selling is supported via peer-to-peer for personal and non-business uses.
More importantly, Wirex enables the exchange between crypto and traditional fiat currencies from a single Wirex wallet. This means that various kinds of digital assets, as well as fiat currencies like USD, GBP, and EUR, can be managed from one Wirex wallet.
This functionality allows users to seamlessly convert one currency to another, enabling exchanges between supported crypto-to-fiat, fiat-to-fiat, and crypto-to-crypto pairings. Currency swapping is facilitated by Wirex’s built-in exchange, which also supports topping up Wirex cards.
To use this feature, navigate to “Accounts,” click on “Exchange,” fill in the “From” field with the crypto or fiat account you want to exchange from, and then the “To” field with the account you want to exchange to. Next, enter the amount, click “Exchange,” and finally confirm the transaction.
Wirex Card
The flagship Wirex product is its debit card, which allows you to spend your crypto, stablecoins, and fiat from your Wirex Wallet at tens of millions of merchants worldwide.
In addition to seamless transactions, you can earn up to 8% in crypto every time you use the Wirex card and spend your funds. The more you spend, the more you earn. All rewards are directly deposited into your account.
The card has no annual fees, and you can get some really fantastic deals and discounts with your card. This makes spending your crypto through Wirex both rewarding and enjoyable.
The Wirex debit card is available as a physical card, ideal for in-store transactions and cash withdrawals, and as a virtual card for online shopping. Depending on your unique needs, you can choose between the two.
However, in order to get a Wirex Card, which won’t cost you a thing, you need to have a verified account. Note that the card is not available in all countries, so be sure to check its availability in your location.
Wirex Fees & Commissions
Now, how much will you have to pay to use Wirex’s services? To answer this, it’s important to understand that limits and charges vary depending on the user’s country of residence.
With that out of the way, the trading or exchange fee is a bit on the higher side at 1.5%. The good news is that Wirex clearly displays its fees, so you’re not left in the dark about how much you’re paying. It’s quite transparent in this regard.
Bank deposits and withdrawals, meanwhile, are completely free on Wirex. However, when transferring crypto outside of Wirex or to other users, variable fees are applied based on the cryptocurrency network you’re using, which is standard practice across the industry.
As for Wirex card fees, the issuance and PIN change are free everywhere, but card delivery charges apply—though they are fairly low. For instance, USPS is free, while Royal Mail charges £5 GBP. There are no annual or foreign exchange fees either.
What about the ATM charges? These are free up to $250 USD monthly, with a 2% fee thereafter. The Wirex card also comes with certain limits, so be sure to check them before using it.
| Category | Fee Type | Wirex Fee Amount |
| Transactions | Receiving Crypto | Free |
| Sending Crypto | Blockchain network fee (varies based on the specific crypto network) | |
| Crypto Exchange | 0-1.5% (rates are based on different exchanges) | |
| Card Transactions | Purchases | Both domestic and international are free |
| Withdrawals | Fiat | Bank transfers are free |
| Crypto | Depends on the specific blockchain network | |
| ATM | Free up to £200 GBP / €200 EUR/ $200 SGD/ $400 AUD, and $250 USD. A 2% fee applies after that | |
| Foreign Currency Exchanges | Crypto-to-Fiat Conversion | 0-1.5% |
| Fiat-to-Fiat and Fiat-to-Stablecoin Conversion | Free |
Is Wirex User-Friendly?
For the next part of our Wirex review, we’ll take a look at just how easy it is to use the platform – which is accessible on both desktop and mobile.
Wirex Mobile App Experience
The mobile app for Wirex is available for both Android and iOS devices. On the App Store, it has a 3.7-star rating based on over 700 reviews, while in Google Play, this all-in-one crypto app has achieved more than a million downloads.
The Wirex mobile apps enable seamless handling of multiple crypto and fiat currencies, as well as instant crypto-to-crypto or fiat-to-crypto conversions at live rates. You can also integrate the multi-currency card for easy spending and ATM withdrawals, earn cashback in crypto, and access other earning opportunities.
All these services are accessible through the mobile app’s intuitive interface, which offers clear navigation for both beginners and seasoned crypto users. In addition to quick and easy account management (which all users will appreciate), the Wirex mobile app provides real-time notifications and enhanced security.
Desktop Experience
When it comes to using Wirex on your computer, the platform’s comprehensive dashboard is something users find really helpful. It provides a complete overview of crypto and fiat balances, recent transactions, and market updates.
In terms of functionality, you can access all the Wirex services you’ll need via the desktop interface, including buying and exchanging crypto, sending and receiving funds, managing your accounts and cards, and tracking your transaction history.
All of this is available right from your browser, without the need for any installation. With its responsive design and secure login, Wirex offers users a streamlined and simplified experience.
Wirex Security
In crypto, security is one of the most important factors to consider—not only because digital assets come with unique risks, but also because wealth-building opportunities mean little if your gains aren’t protected.
Wirex ensures the safety of your funds by combining anti-fraud tech with Strong Customer Authentication (SCA) and advanced device authorization. The Wirex wallet, meanwhile, is non-custodial, meaning that users have complete control of their crypto.
As a regulated platform, Wirex offers the benefits of investor protection, legal options, and market stability, giving users the confidence to trade and invest. Additionally, the platform partners with leading institutions that use state-of-the-art technology to keep user funds protected.
Another critical safety measure implemented by Wirex is their use of multisig cold storage vaults to store your crypto, ensuring protection against hackers and online vulnerabilities. To keep your documents and sensitive data secure, the platform employs TLS and 256-bit AES encryption, while your account is protected via 2FA. So, security is pretty tight here!
Wirex Customer Support
If you’re having trouble with Wirex’s app, wallet, card, or any of its services, you can reach out by creating a request. Submitting a support ticket will get you a reply via email.
Wirex also has an extensive FAQ section that’ll cover most, if not all, of your general queries regarding fees, funding, limits, security, and account management. Additionally, it offers crypto insights and market updates through its blog, helping users become familiar with all that’s going on in the fast-paced world of cryptocurrency.
However, this is all that Wirex provides in terms of customer support, which is somewhat limited as there’s no live chat, phone support, or dedicated email address for quick and direct access to the company.
How to Get Started With Wirex
It’s time to get started with Wirex, which begins with creating an account. Here’s how to sign up—a process that’s simple and quick:
- Go to the official Wirex website or download the mobile app.
- Click on “Sign In,” then fill out the registration form by selecting your country of residence, providing your email address, and creating a secure password. Once done, click “Continue.”
- Next, verify your email by checking your inbox and clicking the link in the message from Wirex.
- Now, enter your name and phone number, and verify it by entering the one-time passcode sent by Wirex.
At this point, you can set up your account by adding your preferred currencies and start using Wirex. However, to unlock more features, you need to upgrade your verification level. So, we will now complete KYC verification.
To do this, you’ll need to submit a valid government-issued document that includes your full name, date of birth, a photo, and the document’s validity date. To upload documents:
- Go to the Wirex mobile app and initiate the process by elevating your status to Starter and clicking “Pass verification.”
- Click on “Verify Identity” and then “Continue” to start the process.
- Next, select your document type and then submit the image of the document by tapping “Upload document.”
Depending on your country of residence, Wirex may also require aliveness verification, which involves taking a selfie. Once you’re all done, you can start adding funds to your Wirex wallet. To do so:
- Log in to your Wirex account.
- Click on “Add Funds.”
- Choose between traditional or digital currency.
- Once you have clicked on the desired traditional currency, you’ll have to select your payment option and enter the amount.
- Click “Add Funds” and then select your bank to proceed. This will take you to the bank’s authorization page within the Wirex app.
- Once you confirm the transaction, you’ll get the amount in your Wirex account.
If you are depositing crypto, select “On-Chain Deposit” after choosing digital. Then choose the network, copy the wallet address, paste it into the external wallet from which you are transferring crypto, and authorize the transaction.
Now, let’s order the Wirex card. To do that:
- Open the Wirex app and log in.
- Go to the “Cards” section and select the “Physical” card from the options.
- Click “Get Physical Card” and then accept the Terms.
- Enter your delivery address and then choose a delivery option.
Depending on the delivery option, you’ll receive your physical card within a few days to a few weeks. If you want a virtual card, the process is the same, except you select the virtual option instead of the physical one, and it will be available immediately in the app.
Wirex Review Conclusion
In the world of crypto trading platforms, Wirex stands out as one of the oldest and leading platforms, offering a simple and user-friendly way to buy, sell, exchange, and manage a wide range of cryptocurrencies and fiat currencies. The Wirex card enhances this experience by providing a seamless way to spend crypto while earning instant rewards. Throughout this comprehensive Wirex review, we’ve covered every aspect of the Wirex platform.
This financial service provider not only makes crypto and fiat universally accessible, but also empowers users to take control of their financial journey through its quick and easy account setup process, effortless switching between crypto and fiat, reasonable fees, and attractive earning opportunities.
So, if you want to make the most of crypto mania but without its complexity while enjoying abundant rewards, sign up for Wirex today!
FAQs
What is Wirex, and how does it work?
Is Wirex available in the UK?
Is it safe to use Wirex?
Is Wirex legit?
Does Wirex report to HMRC?
Can I transfer money from Wirex to my bank account?
References
- Wirex Pay launches non-custodial crypto payments (Cointelegraph)
- What Are Custodial and Non-Custodial Crypto Wallets? (Kraken)
- What Are Cross-chain Swaps? (Chainlink)
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