What is Wirex Token?

Wirex Token (WXT) is a unique multi-blockchain cryptocurrency that powers the X-tras rewards programme. It is built on both the Stellar Network and Ethereum blockchain, striving to provide speed, efficiency, and flexibility. WXT is designed to reward Wirex customers for their loyalty and to integrate the platform with the emerging decentralized finance (DeFi) ecosystems. Users may receive up to 4% back in WXT as compensation every time they use their Wirex cards in-store or online, or receive compensation on the balance of their WXT accounts with the Savings Bonus feature.

How does Wirex Token work?

Wirex Token operates on both the Stellar Network and Ethereum blockchain, striving to provide a blend of speed, efficiency, and adaptability. It is used within the Wirex platform to reward customer loyalty and to facilitate integration with decentralized finance ecosystems. Users may receive WXT rewards when they use their Wirex cards for purchases, both in-store and online. Additionally, the Savings Bonus feature may provide users with compensation on their WXT account balance. The token is designed to be a universal fee and reward unit within and outside the Wirex platform.

What are the potential use cases for Wirex Token?

Wirex Token seeks to serve as a reward for customer loyalty and as a means of integrating the Wirex platform with decentralized finance ecosystems. Users may receive WXT rewards when they use their Wirex cards for purchases, both in-store and online. The token also seeks to serve as a universal fee and reward unit within and outside the Wirex platform. Furthermore, the Savings Bonus feature may provide users with compensation on their WXT account balance, providing an additional use case for the token.

What is the history of Wirex Token?

Wirex Token was launched as part of the Wirex platform's efforts to reward customer loyalty and integrate with decentralized finance ecosystems. The token is built on both the Stellar Network and Ethereum blockchain, striving to provide a blend of speed, efficiency, and adaptability. Since its launch, the token has been used to reward users for using their Wirex cards for purchases, both in-store and online. The Savings Bonus feature, which may provide users with compensation on their WXT account balance, was also introduced as part of the token's functionality.