Wirex- a digital payments company, released a major update for their platform, Wirex 3.0 and at the same time added ten new fiat currencies, according to a press release published today that quickly reached our blockchain news.
With the update, all of the Wirex users that belong to the European Economic Area (EEA) can easily access ‘’unconditional access’’ to over-the-counter rates for the crypto exchanges but also for the interbank rates for traditional crypto exchanges.
According to the press release, it is clearly explained that the update brings a couple of new features for the residents in the Asian-Pacific region but also for the residents living in Canada, can operate their Wirex accounts using their local fiat currencies for the first time ever.
The statement described in the press release on Wirex’s Money Management page, the newly updated platform is not providing support for 15 fiat currencies including the newest ones such as the Hong Kong Dollar, The Australian Dollar (AUD) and the Singapore Dollar.
Additionally, with the latest platform update, new ways for transferring money are secured, in and out of bank accounts enabling support for the UK-based payments, SWIFT and SEPA. The new Wirex 3.0 platform will feature a transparent fee structure as well.
Back in August 2018, Wirex was granted an e-money licensed, more correctly the third one issued by the UK regulator the Financial Conduct Authority to a crypto-based firm.
Previously, another company for technology consulting GreySpark, issued a report that the United States dollar is one of the most actively traded fiat currencies against any other cryptocurrency.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com
Discussion about this post