We recently announced the launch of X-Accounts, an amazing new way to access DeFi-powered savings on your crypto and traditional currency with none of the fuss or expensive fees!
As well as being super simple to set up in the Wirex app, X-Accounts offer interest rates (IRs) of 6% for ETH or BTC or 12% for EUR and GBP, with an additional 4% if the interest is paid in WXT. The interest is compounded daily and settled on request – so not only do you earn interest on your interest, you can also withdraw your earnings at any time with zero charges.
But how do X-Accounts actually work? Let’s break it down.