In need of a night out but low on funds? We’ve got you covered.
Whether it’s dinner and drinks or a weekend away you’ve got in mind, Wirex Credit lets you borrow funds there and then and spend them in seconds.
All you’ve got to do is use your BTC, ETH or WXT as collateral and take out a Wirex Credit line in a stablecoin of your choice.
It really is that easy. Depending on your chosen currency, you can borrow at 0% interest and pay back your credit line whenever you like. Plus, you can forget tiresome credit and affordability checks – your funds will be available straightaway.
That means you can hit ‘borrow’ while you’re waiting for the bill. Cheers to that!
Ready to take out a Wirex Credit line? Here’s how:
Go to the Credit tab in-app and tap Borrow.
Select the cryptocurrency you wish to use as collateral.
Choose your loan to value (LTV) ratio.
Enter the amount you wish to use as collateral, then select the stablecoin you wish to receive credit in.
Tap Continue, double check the details, then tap Confirm.