Wirex review & 14 testimonials (updated 12.2019)

What is Wirex in a nutshell? It's a trusted, respectable, well established, promising exchange service (e-wallet) supporting 6 cryptocurrencies: you can buy and sell coins using 3 fiat currencies (4 banks & payment systems are supported) or exchange one crypto into another here. Exchange service started the business Nov 2014, it's a fully compliant, licensed financial company.

This service works with a number of currencies, banks, and payment systems. Hence to estimate the fees level we calculated an average fee you'll spend for an exchange here. Based on this number (1.0%) we may say that Wirex charges low fees: 1.0% (according to our statistics, 95% exchanges take higher average fee) and has great buying limits: $5 — $5,000 (in accordance with the statistics we've collected, 90% exchanges allow lower limits for orders). This e-wallet welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. According to the feedback from users, customer service is exceptional, 5 stars quality; the exchange is always instant! or so. You will have to verify your account (ID Verification, Phone Number Confirmation should be normally required) before being able to use the service.

Since 2014, Wirex has got a lot of great testimonials from the customers: just our platform, that was recently launched, has 14 user reviews, 100% of those are positive. The majority of the users value the quality of the customer care, fast order processing, although blame the delays with the account verification, usability of the website's user interface, most of all. Our platform assigns the Wirex 100/100 rating: it's the perfect, an ideal result, only few competitors have such a high rating! For example, BTCBIT and PayBis are ranked below.

Based on all these facts, our verdict is the following: Wirex is a legit and perfectly safe place to buy and sell cryptocurrencies, almost an ideal exchange with great feedback we can recommend to our dear visitors!

Overview: is Wirex safe?

Wirex is the e-wallet; exchange started the business November 2014. Unfortunately, there is not much information available about the company doing business as Wirex, etc.

Pros & Cons of Wirex

Since Wirex is rated as one of the best exchanges in the world by our visitors, there should be many strong sides clients admire and probably some downsides anyway. Let's check it out:

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Wirex! Try Wirex today and let us know how you like it!

Services, Wirex Provides

The platform provides the following cryptocurrency exchange-related services:

• Allows the customers to buy cryptocurrencies with fiat currencies
• Provides the clients with ways to "cash out" the crypto to fiat currency
• Helps you to exchange one crypto to another

As we can see, Wirex doesn't provide any services besides the cryptocurrency exchange, althought it's safe to say that it does it better than many competitors!

Currencies & Payment Systems

Wirex provides the service of buying and selling and exchanging 6 digital currencies using fiat currencies and crypto. Besides the fiat-to-crypto conversion and vice versa, it also allows to exchange one cryptocurrency to another. The following cryptocurrencies are available to buy-sell-swap: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Waves (WAVES), Stellar (XLM), Ripple (XRP).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Most obscure cryptocurrencies to invest in 2020.

3 fiat currencies are supported to provide crypto purchase and selling: Euro (EUR), Pound Sterling (GBP), US Dollar (USD). The e-wallet will let you buy and sell Bitcoins and 5 other cryptos using the following payment systems:

• Visa & Mastercard. An international payment system (available worldwide) allowing credit/debit cards payments in various currencies. USD, EUR and GBP payments are available for purchasing cryptos at the exchange. Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at 92 exchanges of various types. You are welcome to find the best rate for buying bitcoin with visa & mastercard at our home page!
• SEPA Transfer. An international payment system (it's available in 46 countries) allowing international bank transfers payments in Euro currency. Just the EUR payments are available for both buying and selling cryptocurrencies at this exchange.
• SWIFT Transfer. An international payment system (available worldwide) allowing international bank transfers payments in various currencies. EUR, GBP and USD payments are available for both buying and selling cryptocurrencies at this exchange.
• Faster Payments. A local bank (serving United Kingdom) in Pound Sterling currency. Just the GBP payments are available for both buying and selling cryptocurrencies at this exchange.

Wirex fees

The fees you need to pay at this e-wallet during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

1. Deposit/withdrawal fee. Depending on the fiat payment system and currency, it's as follows:
   • Commission for the money withdrawal to Faster Payments in Pound Sterling: 0%
   • 0% to deposit funds by Faster Payments in Pound Sterling.
   • Commission for the money withdrawal to SEPA Transfer in Euro: 0%
   • 0% to deposit funds by SEPA Transfer in Euro.
   • Commission for the money withdrawal to SWIFT Transfer in US Dollar: $15.0 flat fee
   • 0% to deposit funds by SWIFT Transfer in US Dollar.
   • Commission for the money withdrawal to SWIFT Transfer in Pound Sterling: £12.0 flat fee
   • Commission for the money withdrawal to SWIFT Transfer in Euro: €13.0 flat fee
   • 0% to deposit funds by SWIFT Transfer in Pound Sterling.
   • 0% to deposit funds by SWIFT Transfer in Euro.
   • 1.0% to deposit funds by Visa & Mastercard in Pound Sterling.
   • 1.0% to deposit funds by Visa & Mastercard in Euro.
   • 1.0% to deposit funds by Visa & Mastercard in US Dollar.
2. Cryptocurrency withdrawal fee. Please note that this fee applies only when you transfer the crypto out of this wallet: to the third party, etc.
   • 0 BTC: great news! at the moment there is no such a fee!

Are Wirex fees high or low?

Now it's time to draw a conclusion: considering the average fee the exchange changes for an operation we can state that Wirex takes very low fees! According to our statistics, the majority of the competition charge way more than Wirex does! For example, an average fee you pay to buy Bitcoin with Visa & Mastercard in USD across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 21%, Wirex charges 1.0% for this. A nice opportunity and as you can see, the fee is low enough!

Buying and selling limits

This e-wallet has the following limits, applicable when you buy or sell cryptocurrencies (there are no limits on crypto-to-crypto swaps):

1. Purchase limits (when you buy crypto).
   • GBP 16,000 max purchase when using Faster Payments in Pound Sterling.
   • $50,000 max purchase when using SWIFT Transfer in US Dollar.
   • £50,000 max purchase when using SWIFT Transfer in Pound Sterling.
   • €50,000 max purchase when using SWIFT Transfer in Euro.
   • £5 minimal buy and £5,000 max purchase when using Visa & Mastercard in Pound Sterling.
   • €5 minimal buy and €5,000 max purchase when using Visa & Mastercard in Euro.
   • $5 minimal buy and $5,000 max purchase when using Visa & Mastercard in US Dollar.
2. Withdrawal limits (when you out-exchange crypto to the fiat money).
   • GBP 16,000 maximal withdrawal when receiving money to Faster Payments in Pound Sterling.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) Wirex supports! Comparing to other exchanges, Wirex has a very convenient buying/selling limits setup; the minimal amount is tiny and the max is high. Whatever amount you have in mind, you can exchange it at this e-wallet!

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the e-wallet:

• Afghanistan (AF)
• Aland Islands (AX)
• Albania (AL)
• Algeria (DZ)
• American Samoa (AS)
• Andorra (AD)
• Angola (AO)
• Anguilla (AI)
• Antarctica (AQ)
• Antigua & Barbuda (AG)
• Argentina (AR)
• Armenia (AM)
• Aruba (AW)
• Ascension Island (AC)
• Australia (AU)
• Austria (AT)
• Azerbaijan (AZ)
• Bahamas (BS)
• Bahrain (BH)
• Bangladesh (BD)
• Barbados (BB)
• Belarus (BY)
• Belgium (BE)
• Belize (BZ)
• Benin (BJ)
• Bermuda (BM)
• Bhutan (BT)
• Bolivia (BO)
• Bosnia & Herzegovina (BA)
• Botswana (BW)
• Bouvet Island (BV)
• Brazil (BR)
• British Indian Ocean Territory (IO)
• British Virgin Islands (VG)
• Brunei (BN)
• Bulgaria (BG)
• Burkina Faso (BF)
• Burundi (BI)
• Cambodia (KH)
• Cameroon (CM)
• Canada (CA)
• Canary Islands (IC)
• Cape Verde (CV)
• Caribbean Netherlands (BQ)
• Cayman Islands (KY)
• Central African Republic (CF)
• Ceuta & Melilla (EA)
• Chad (TD)
• Chile (CL)
• China (CN)
• Christmas Island (CX)
• Cocos (Keeling) Islands (CC)
• Colombia (CO)
• Comoros (KM)
• Congo - Brazzaville (CG)
• Congo - Kinshasa (CD)
• Cook Islands (CK)
• Costa Rica (CR)
• Côte d’Ivoire (CI)
• Croatia (HR)
• Cuba (CU)
• Curaçao (CW)
• Cyprus (CY)
• Czech Republic (CZ)
• Denmark (DK)
• Diego Garcia (DG)
• Djibouti (DJ)
• Dominica (DM)
• Dominican Republic (DO)
• Ecuador (EC)
• Egypt (EG)
• El Salvador (SV)
• Equatorial Guinea (GQ)
• Eritrea (ER)
• Estonia (EE)
• Ethiopia (ET)
• Falkland Islands (FK)
• Faroe Islands (FO)
• Fiji (FJ)
• Finland (FI)
• France (FR)
• French Guiana (GF)
• French Polynesia (PF)
• French Southern Territories (TF)
• Gabon (GA)
• Gambia (GM)
• Georgia (GE)
• Germany (DE)
• Ghana (GH)
• Gibraltar (GI)
• Greece (GR)
• Greenland (GL)
• Grenada (GD)
• Guadeloupe (GP)
• Guam (GU)
• Guatemala (GT)
• Guernsey (GG)
• Guinea (GN)
• Guinea-Bissau (GW)
• Guyana (GY)
• Haiti (HT)
• Heard Island and McDonald Islands (HM)
• Honduras (HN)
• Hong Kong SAR China (HK)
• Hungary (HU)
• Iceland (IS)
• India (IN)
• Indonesia (ID)
• Iran (IR)
• Iraq (IQ)
• Ireland (IE)
• Isle of Man (IM)
• Israel (IL)
• Italy (IT)
• Jamaica (JM)
• Japan (JP)
• Jersey (JE)
• Jordan (JO)
• Kazakhstan (KZ)
• Kenya (KE)
• Kiribati (KI)
• Kosovo (XK)
• Kuwait (KW)
• Kyrgyzstan (KG)
• Laos (LA)
• Latvia (LV)
• Lebanon (LB)
• Lesotho (LS)
• Liberia (LR)
• Libya (LY)
• Liechtenstein (LI)
• Lithuania (LT)
• Luxembourg (LU)
• Macau SAR China (MO)
• Macedonia (MK)
• Madagascar (MG)
• Malawi (MW)
• Malaysia (MY)
• Maldives (MV)
• Mali (ML)
• Malta (MT)
• Marshall Islands (MH)
• Martinique (MQ)
• Mauritania (MR)
• Mauritius (MU)
• Mayotte (YT)
• Mexico (MX)
• Micronesia (FM)
• Moldova (MD)
• Monaco (MC)
• Mongolia (MN)
• Montenegro (ME)
• Montserrat (MS)
• Morocco (MA)
• Mozambique (MZ)
• Myanmar (Burma) (MM)
• Namibia (NA)
• Nauru (NR)
• Nepal (NP)
• Netherlands (NL)
• New Caledonia (NC)
• New Zealand (NZ)
• Nicaragua (NI)
• Niger (NE)
• Nigeria (NG)
• Niue (NU)
• Norfolk Island (NF)
• Northern Mariana Islands (MP)
• North Korea (KP)
• Norway (NO)
• Oman (OM)
• Pakistan (PK)
• Palau (PW)
• Palestinian Territories (PS)
• Panama (PA)
• Papua New Guinea (PG)
• Paraguay (PY)
• Peru (PE)
• Philippines (PH)
• Pitcairn Islands (PN)
• Poland (PL)
• Portugal (PT)
• Puerto Rico (PR)
• Qatar (QA)
• Réunion (RE)
• Romania (RO)
• Russia (RU)
• Rwanda (RW)
• Samoa (WS)
• San Marino (SM)
• São Tomé & Príncipe (ST)
• Saudi Arabia (SA)
• Senegal (SN)
• Serbia (RS)
• Seychelles (SC)
• Sierra Leone (SL)
• Singapore (SG)
• Sint Maarten (SX)
• Slovakia (SK)
• Slovenia (SI)
• Solomon Islands (SB)
• Somalia (SO)
• South Africa (ZA)
• South Georgia & South Sandwich Islands (GS)
• South Korea (KR)
• South Sudan (SS)
• Spain (ES)
• Sri Lanka (LK)
• St. Barthélemy (BL)
• St. Helena (SH)
• St. Kitts & Nevis (KN)
• St. Lucia (LC)
• St. Martin (MF)
• St. Pierre & Miquelon (PM)
• St. Vincent & Grenadines (VC)
• Sudan (SD)
• Suriname (SR)
• Svalbard & Jan Mayen (SJ)
• Swaziland (SZ)
• Sweden (SE)
• Switzerland (CH)
• Syria (SY)
• Taiwan (TW)
• Tajikistan (TJ)
• Tanzania (TZ)
• Thailand (TH)
• Timor-Leste (TL)
• Togo (TG)
• Tokelau (TK)
• Tonga (TO)
• Trinidad & Tobago (TT)
• Tristan da Cunha (TA)
• Tunisia (TN)
• Turkey (TR)
• Turkmenistan (TM)
• Turks & Caicos Islands (TC)
• Tuvalu (TV)
• Uganda (UG)
• Ukraine (UA)
• United Arab Emirates (AE)
• United Kingdom (GB)
• United States (US)
• Uruguay (UY)
• U.S. Outlying Islands (UM)
• U.S. Virgin Islands (VI)
• Uzbekistan (UZ)
• Vanuatu (VU)
• Vatican City (VA)
• Venezuela (VE)
• Vietnam (VN)
• Wallis & Futuna (WF)
• Western Sahara (EH)
• Yemen (YE)
• Zambia (ZM)
• Zimbabwe (ZW)
Show all supported countries

Does Wirex allow the users from United States (US)?

Yes, Wirex allows the registrations from the United States! E-wallet permits the users from 56 states and territories to register at and use the services exchange provides:

• Alabama (AL)
• Alaska (AK)
• American Samoa (AS)
• Arizona (AZ)
• Arkansas (AR)
• California (CA)
• Colorado (CO)
• Connecticut (CT)
• Delaware (DE)
• District of Columbia (DC)
• Florida (FL)
• Georgia (GA)
• Guam (GU)
• Hawaii (HI)
• Idaho (ID)
• Illinois (IL)
• Indiana (IN)
• Iowa (IA)
• Kansas (KS)
• Kentucky (KY)
• Louisiana (LA)
• Maine (ME)
• Maryland (MD)
• Massachusetts (MA)
• Michigan (MI)
• Minnesota (MN)
• Mississippi (MS)
• Missouri (MO)
• Montana (MT)
• Nebraska (NE)
• Nevada (NV)
• New Hampshire (NH)
• New Jersey (NJ)
• New Mexico (NM)
• New York (NY)
• North Carolina (NC)
• North Dakota (ND)
• Northern Mariana Islands (MP)
• Ohio (OH)
• Oklahoma (OK)
• Oregon (OR)
• Pennsylvania (PA)
• Puerto Rico (PR)
• Rhode Island (RI)
• South Carolina (SC)
• South Dakota (SD)
• Tennessee (TN)
• Texas (TX)
• U.S. Virgin Islands (VI)
• Utah (UT)
• Vermont (VT)
• Virginia (VA)
• Washington (WA)
• West Virginia (WV)
• Wisconsin (WI)
• Wyoming (WY)

It's possible to use the USD currency to buy/sell 6 cryptocurrencies at the Wirex: 2 banks and payment systems totally (out of the 4 the e-wallet supports, that's 50% of all the available ones) can be used by people from the U.S.A.:

• SWIFT Transfer
• Visa & Mastercard (note: buying only!)

Customer service

According to the community and the exchange users' testimonials, Wirex provides an excellent, exceptional quality customers support! The analysis of reviews is the following:

Verification at Wirex

The e-wallet requires it's clients to pass through obligatory user identification (account verification). The following procedures should be completed before the client will be able to buy and sell on the exchange:

• ID verification
• Phone confirmation

According to the customers surveys results, the average time to verify an account at Wirex is the following:

Deposit/withdrawal speed

Although the exchange process is fully automated on any e-wallet or trading platform, you may face some delay when you send the money "outside", i.e. say you are withdrawing the BTC you purchased to your personal wallet. Let's see what other cryptocurrency enthusiasts say about how fast is Wirex!

Is Wirex instant?

So, what can we see? According to the feedback we got from other users of this e-wallet worldwide, Wirex is instant: money arrives right after you order it all the time. That's great to know!

Customers' testimonials

Our users left 14 testimonials about their experience dealing with Wirex, 100% of the testimonials are positive, 0% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!

Overall result if great! 100% positive testimonials is something the business owners are very proud of, such a rating is hard to get and even harder to maintain! It means the community really trusts and likes the Wirex services, so most likely, you'd enjoy it too!

FAQ about Wirex

Wirex vs other exchanges

Let's compare Wirex to other similar exchange services with similar features: others of e-wallet type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

Wirex vs BitQuick

Let's compare the key features of these two platforms to see which one suits you best:

our detailed review of BitQuick

• BitQuick is a p2p marketplace Wirex is an e-wallet, it has a different business model (feel free to read about the differences between p2p marketplace and e-wallet)
• BitQuick had started the business October 2013 Wirex started the business November 2014 (BitQuick is working for 1 years and 1 months longer time).
• BitQuick has all the required business licenses and permissions Wirex has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
• Besides the digital currencies exchange, BitQuick provides no extra services Wirex provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
• BitQuick doesn't have any fiat currencies supported You'll be able to use 3 fiat currencies to swap with digital ones at Wirex (Wirex supports 3 fiat currencies more).
• BitQuick doesn't allow any fiat payments Wirex allows the user to utilize 4 various fiat payment systems and/or banks (Wirex supports 4 fiat payment systems and banks more).
• BitQuick charges 2.0% fee Wirex charges the client 1.0% fee, depending on the currency, payment system, etc. (Wirex has lower fees in general).
• BitQuick allows registrations from 1 countries; United States is among the supported ones You may register at Wirex if you reside in one of 255 countries; it serves United States among others (Wirex supports more countries worldwide).
• During the account verification BitQuick usually asks for 1 document / procedure: (phone confirmation) User identification at Wirex usually consists of 2 different procedures: id verification, phone confirmation (Wirex 's compliance program requires the client to take more actions or to provide more data).
• Due to results of community feedback, BitQuick process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay Due to results of community feedback, Wirex process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (Wirex & BitQuick process the deposits and withdrawals with equal speed).
• Our users left 4 testimonials about BitQuick, 100% of which are positive We've collected 14 users testimonials about Wirex, 100% are positive (Wirex & BitQuick share the same percentage of positive user reviews).

Although the final decision, which exchange — BitQuick or Wirex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since both exchanges are equally rated, we recommend you to look at the list above and decide, what is most important for you!

try BitQuick

or

exchange @ Wirex!

If you feel like need more comparison versus other exchanges, feel free to check these:

• Wirex vs BitQuick
• Wirex vs Bitonic
• Wirex vs Coinbase
• Wirex vs BTCBIT
• Wirex vs PayBis

Wirex vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

our detailed review of Bitonic

• Bitonic is a broker Wirex is an e-wallet, it has a different business model (feel free to read about the differences between broker and e-wallet)
• Bitonic had started the business May 2012 Wirex started the business November 2014 (Bitonic is working for 2 years and 6 months longer time).
• Bitonic has all the required business licenses and permissions Wirex has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
• Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services Wirex provides the same number of services as Bitonic: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
• Bitonic supports 1 cryptocurrencies Wirex allows to exchange 6 cryptos (Wirex supports 5 cryptocurrencies more).
• 1 fiat currencies are available at Bitonic You'll be able to use 3 fiat currencies to swap with digital ones at Wirex (Wirex supports 2 fiat currencies more).
• Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks Wirex allows the user to utilize 4 various fiat payment systems and/or banks (Wirex supports 1 fiat payment systems and banks more).
• Bitonic charges 0.0% fee Wirex charges the client 1.0% fee, depending on the currency, payment system, etc. (Wirex has higher fees, generally).
• Buying limits at Bitonic start from $1 and are up to $2,774 Deposit/withdraw limits at Wirex are $5 — $5,000 depending on the payment method (Wirex has higher buying/selling limits).
• Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at Wirex if you reside in one of 255 countries; it serves United States among others (Wirex supports more countries worldwide).
• Our visitors rated customer care at the Bitonic 5.0 / 5.0 Customers' service at Wirex exchange was rated 5.0 / 5.0 by our visitors (Wirex & Bitonic provide the equal quality of customer support).
• During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at Wirex usually consists of 2 different procedures: id verification, phone confirmation (Wirex 's KYC policy requires the customer to take less actions or to provide less data).
• Due to results of community feedback, Bitonic process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Wirex process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (Wirex & Bitonic process the deposits and withdrawals with equal speed).
• Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 14 users testimonials about Wirex, 100% are positive (Wirex & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or Wirex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since both exchanges are equally rated, we recommend you to look at the list above and decide, what is most important for you!

try Bitonic

or

exchange @ Wirex!

If you feel like need more comparison versus other exchanges, feel free to check these:

• Wirex vs BitQuick
• Wirex vs Bitonic
• Wirex vs Coinbase
• Wirex vs BTCBIT
• Wirex vs PayBis

Wirex vs Coinbase

Let's compare the key features of these two platforms to see which one suits you best:

our detailed review of Coinbase

• Coinbase is a e-wallet Wirex is an e-wallet, both are using the same business model.
• Coinbase had started the business June 2012 Wirex started the business November 2014 (Coinbase is working for 2 years and 5 months longer time).
• Coinbase has all the required business licenses and permissions Wirex has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
• Besides buying and selling cryptocurrencies, Coinbase provides the following extra services: ATM Cards and the Merchant Services Wirex provides us with less services, related to the crypto exchange: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
• Coinbase supports 11 cryptocurrencies Wirex allows to exchange 6 cryptos (Wirex supports 5 cryptocurrencies less).
• 6 fiat currencies are available at Coinbase You'll be able to use 3 fiat currencies to swap with digital ones at Wirex (Wirex supports 3 fiat currencies less).
• Coinbase accepts deposits from and allows withdrawals to 4 fiat payment systems / banks Wirex allows the user to utilize 4 various fiat payment systems and/or banks (Wirex & Coinbase support the same number of banks and payment systems).
• Coinbase charges 1.49% — 3.99% fee Wirex charges the client 1.0% fee, depending on the currency, payment system, etc. (Wirex has lower fees in general).
• Buying limits at Coinbase start from $2 and are up to $5,000 Deposit/withdraw limits at Wirex are $5 — $5,000 depending on the payment method (Wirex & Coinbase have more or less the same buying/selling limits).
• Coinbase allows registrations from 39 countries; United States is among the supported ones You may register at Wirex if you reside in one of 255 countries; it serves United States among others (Wirex supports more countries worldwide).
• During the account verification Coinbase usually asks for 2 documents and/or procedures: (id verification, phone confirmation) and it takes a week or even more in most of the cases User identification at Wirex usually consists of 2 different procedures: id verification, phone confirmation (Wirex 's KYC policy requires the customer to take less actions or to provide less data).
• Due to results of community feedback, Coinbase process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Wirex process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (Wirex & Coinbase process the deposits and withdrawals with equal speed).
• Our users left 22 testimonials about Coinbase, 95% of which are positive We've collected 14 users testimonials about Wirex, 100% are positive (Wirex has better testimonials from the clients

Although the final decision, which exchange — Coinbase or Wirex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although Wirex has a better total rating 100 vs Coinbase's 95, we recommend you to look at the list above and decide, what is most important for you!

try Coinbase

or

exchange @ Wirex!

If you feel like need more comparison versus other exchanges, feel free to check these:

• Wirex vs BitQuick
• Wirex vs Bitonic
• Wirex vs Coinbase
• Wirex vs BTCBIT
• Wirex vs PayBis

Wirex vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

our detailed review of BTCBIT

• BTCBIT is a broker Wirex is an e-wallet, it has a different business model (feel free to read about the differences between broker and e-wallet)
• BTCBIT had started the business May 2017 Wirex started the business November 2014 (Wirex operates 2 years and 6 months longer).
• BTCBIT has all the required business licenses and permissions Wirex has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
• Besides buying and selling cryptocurrencies, BTCBIT provides no extra services Wirex provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
• BTCBIT supports 10 cryptocurrencies Wirex allows to exchange 6 cryptos (Wirex supports 4 cryptocurrencies less).
• 9 fiat currencies are available at BTCBIT You'll be able to use 3 fiat currencies to swap with digital ones at Wirex (Wirex supports 6 fiat currencies less).
• BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks Wirex allows the user to utilize 4 various fiat payment systems and/or banks (Wirex supports 3 banks and fiat payment systems less).
• BTCBIT charges 3% — 16% fee Wirex charges the client 1.0% fee, depending on the currency, payment system, etc. (Wirex has lower fees in general).
• Buying limits at BTCBIT start from $50 and are up to $10,000 Deposit/withdraw limits at Wirex are $5 — $5,000 depending on the payment method (Wirex has lower buying/selling limits).
• BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at Wirex if you reside in one of 255 countries; it serves United States among others (Wirex supports more countries worldwide).
• BTCBIT allows the user to be anonymous, there is no account verification, etc. User identification at Wirex usually consists of 2 different procedures: id verification, phone confirmation (Wirex 's compliance program requires the client to take more actions or to provide more data).
• Due to results of community feedback, BTCBIT process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Wirex process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (Wirex & BTCBIT process the deposits and withdrawals with equal speed).
• Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 14 users testimonials about Wirex, 100% are positive (Wirex & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or Wirex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although Wirex has a better total rating 100 vs BTCBIT's 97, we recommend you to look at the list above and decide, what is most important for you!

try BTCBIT

or

exchange @ Wirex!

If you feel like need more comparison versus other exchanges, feel free to check these:

• Wirex vs BitQuick
• Wirex vs Bitonic
• Wirex vs Coinbase
• Wirex vs BTCBIT
• Wirex vs PayBis

Wirex vs PayBis

Let's compare the key features of these two platforms to see which one suits you best:

our detailed review of PayBis

• PayBis is a broker Wirex is an e-wallet, it has a different business model (feel free to read about the differences between broker and e-wallet)
• PayBis had started the business April 2015 Wirex started the business November 2014 (Wirex operates 5 months longer).
• PayBis is an ordinary company without licenses, etc. Wirex has all the required business licenses and permissions (Wirex utilizes a safer and more stable business model).
• Besides buying and selling cryptocurrencies, PayBis provides no extra services Wirex provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
• PayBis supports 8 cryptocurrencies Wirex allows to exchange 6 cryptos (Wirex supports 2 cryptocurrencies less).
• 3 fiat currencies are available at PayBis You'll be able to use 3 fiat currencies to swap with digital ones at Wirex (Wirex & PayBis support the same number of fiat currencys).
• PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks Wirex allows the user to utilize 4 various fiat payment systems and/or banks (Wirex supports 3 banks and fiat payment systems less).
• PayBis charges 1% — 11% fee Wirex charges the client 1.0% fee, depending on the currency, payment system, etc. (Wirex has lower fees in general).
• Buying limits at PayBis start from $20 and are up to $200,000 Deposit/withdraw limits at Wirex are $5 — $5,000 depending on the payment method (Wirex has lower buying/selling limits).
• PayBis allows registrations from 241 countries; United States is among the supported ones You may register at Wirex if you reside in one of 255 countries; it serves United States among others (Wirex supports more countries worldwide).
• During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) User identification at Wirex usually consists of 2 different procedures: id verification, phone confirmation (Wirex 's KYC policy requires the customer to take less actions or to provide less data).
• Due to results of community feedback, PayBis process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated Due to results of community feedback, Wirex process deposit/withdrawal orders in about a couple of seconds, in fact — instantly, without any delay; everything is automated (Wirex & PayBis process the deposits and withdrawals with equal speed).
• Our users left 3 testimonials about PayBis, 100% of which are positive We've collected 14 users testimonials about Wirex, 100% are positive (Wirex & PayBis share the same percentage of positive user reviews).

Although the final decision, which exchange — PayBis or Wirex — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although Wirex has a better total rating 100 vs PayBis's 95, we recommend you to look at the list above and decide, what is most important for you!

try PayBis

or

exchange @ Wirex!

If you feel like need more comparison versus other exchanges, feel free to check these:

• Wirex vs BitQuick
• Wirex vs Bitonic
• Wirex vs Coinbase
• Wirex vs BTCBIT
• Wirex vs PayBis

Conclusion: is Wirex legit or scam?

Now it's time to draw a conclusion, is Wirex a scam or is it a legit exchange? We are 100% sure Wirex is a trusted, legit exchange with great reputation in the community. There is no way it can be called a scam! Let's summarize what we like most (and what we don't) about the Wirex:

• It is licensed, regulatory compliant financial company
• The e-wallet holds users' funds
• This company has being in the business for a long time; exchange was started 5 years and 2 months ago
• Exchange supports 6 cryptocurrencies and 3 fiat ones (totally 4 payment systems / banks are available). There are no extra services besides the digital currencies exchange
• It charges low fees: 1.0%
• The purchase and withdrawal limits are high and you may exchange small amounts, if you wish to: from $5 to $5,000 USD, it depends on a payment system choice
• Wirex allows registrations from 255 countries; people from United States may use the service
• Clients' testimonials are perfect, 100% (14 out of 14) note their positive experience dealing with Wirex. According to the customers feedback:
• Customer support is great
• Deposits and withdrawals are instant