The World of Wirex – Our May roundup

There’s been a lot happening during the month of May. Now, as summer is just round the corner, we’re more than happy to look back at our achievements for this month.

There are five new cryptocurrencies in the app, we’ve migrated 20% of the total supply of Wirex Tokens to the Ethereum blockchain, plus the women of Wirex have been kicking ass (as usual)!

Read on to find out what else we’ve been up to.

Our new kids on the block

We’ve recently added five new cryptocurrencies – AAVE, LINK, MKR, UNI and YFI! Each of these awesome additions are unique in their own way and we can’t wait for you to get to grips with them.

AAVE – a DeFi cryptocurrency that runs on the Ethereum blockchain. It’s well known for offering a lending system where you can lend, borrow and earn interest on crypto.

Find out more about it here .

LINK – used to connect dependable, real-world data to smart contracts that run on the blockchain. Find out more about it here.

MKR – another DeFi cryptocurrency on the Ethereum blockchain. It’s primarily used to buy MKR tokens to carry out votes on key decisions that’ll influence how the DAI cryptocurrency can be used. Find out more about it here.

Quick note: These cryptocurrencies are not available to customers in Singapore.

WXT added to Ethereum in DeFi push

We’ve been on a mission this month. On May 6th, we migrated 20% of the total supply of Wirex Tokens (2 billion WXT) from the Stellar Network to the Ethereum blockchain!

We see great potential in Decentralised Finance, and strongly believe it will change the way people use money. So, it only made sense to add WXT to the most powerful blockchain for DeFi applications.

Not only that, but it gives you more power, efficiency and flexibility. It’ll also introduce millions of people who may not currently be able to benefit from DeFi to its advantages. Find out more here

Women in Crypto

One of our main goals is to recognise and encourage female talent in the industry – this includes behind the scenes at Wirex.

We recently appointed Jennifer Kong as our Global Head of Marketing. Since the beginning, Jenny has played a huge role in building the Wirex brand and developing the marketing team to match the business’s achievements.

Jenny has made amazing progression since joining the team in 2018, but she’s still on a mission to make crypto accessible to all – whatever your background or experience.

Find out more here

Your next paycheck – in crypto

Would you want to be paid in crypto? It may sound a little farfetched to some, but it’s happening already! US crypto payroll platform, BitWage, already counts big names like Facebook, Airbnb and CoinDesk amongst its clients. Could your next paycheck be in bitcoin?

Find out more here

Bitcoin Pizza Day

May 22nd was Bitcoin Pizza Day. In case you aren’t familiar, this day marks a pivotal moment in crypto history. Back in 2010, Florida man Laszlo Hanyecz offered 10,000 bitcoins (approximately £260m today!) for two large Papa John’s pizzas.

Since then, that day has been marked Bitcoin Pizza Day. We celebrated by offering 50% back in WXT to customers who subscribed to a Premium or Elite plan.

Find out more here

Reimagining the Payment Rails: How Blockchain is a Force for Good

Blockchain tech is a true disruptor, and with that comes many great opportunities.

There’s a lot of potential in blockchain-powered payments. It can be a useful alternative to traditional bank transfers, which are often expensive – particularly when sending money overseas.

Blockchain has strong potential to fill the gap between crypto and traditional currency, simplifying financial inclusion and making all currencies equal.

Find out more here

WXT’s 2nd birthday Coming Soon

June is WXT’s birthday month!

Look out for our June promo coming soon!