Wirex review & 18 testimonials for wirexapp.com (05.2021)
What is Wirex in a nutshell?
It's a
trusted,
respectable,
well established,
promising
exchange service
(e-wallet) working with
30
cryptocurrencies:
you can
buy and sell coins using 8
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.
Besides the cryptocurrencies exchange, Wirex
also provides other services, for example,
Mobile wallet,
ATM Cards,
Fiat to Fiat Currencies Trading & Exchange.
This service integrated 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%
(in line with our statistics,
76%
exchanges take higher average fee)
and has
great buying limits:
$5.00
—
$5,000
(even though, in accordance with the statistics we've collected,
88%
exchanges have higher order limits).
This e-wallet
welcomes customers from
47
countries
(unfortunately, your country: United States
is not supported at the moment;
but there are good alternatives)!
Due to regulatory restrictions, US citizens and residents are not served by the exchange.
On the report of the actual users, customer service is
exceptional, 5 stars quality;
the exchange is always instant!
(or close).
You will have to verify your account
(ID Verification,
Phone Number Confirmation,
Selfie
should be normally required)
before being able to use the service.
Since
2014,
wirexapp.com
has got a lot of
great testimonials
from the customers:
just our platform
already has
18
user reviews,
100%
of those are positive.
The majority of the users value the
quality of the customer care,
fast order processing,
speed of account verification,
usability of the user interface
most of all.
Our platform assigns the wirexapp.com
100/100 rating:
it's
the perfect, an ideal result,
only few competitors have such a high rating!
For example,
BitQuick and
Kuna
are ranked below.
Wirex
has being assigned the special status:
The second best e-wallet worldwide!
What does that mean?
Our platform ranks all the exchanges basing on a number of factors:
business model, licenses,
time in the business, customers' testimonials,
complaints (if any), etc.
Then we compare all the leaders in each category (like
e-wallet) to determine
who's the
best-of-the-best.
Hence, we are pleased to say that Wirex is
among those ones!
Based on all these facts,
our verdict is the following:
Wirex is a
100%
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;
Wirex Pte Ltd
(dba Wirex)
started the business in
November 2014.
The company is based in the Singapore
with the headquarters located in the Singapore.
Official Wirex address is 36, Robinson Road, #02-106, 068877.
The firm is a licensed MSB, regulated by the Financial Conduct Authority (UK);
it holds the
E-money Institution license.
Wirex is registered with the FINCEN:
registration number 31000133646433.
Wirex was founded by Dmitry Lazarichev.
Almoayed Ventures, Crowdcube, SBI Group
are among the lead investors.
Wirex CEO is
Pavel Matveev;
other notable people are holding various positions in firm, for example Michael Moore (COO), Martin Best (CMO), Dominique Simon (Global General Counsel), Harold Montgomery (Managing Director USA), Amy Barker (Global Head of People).
The Singaporean entity Wirex Pte Ltd (UEN 201731976E) is subject to the Payments Services Act 2019 and is currently operating under an exemption provided by the Monetary Authority of Singapore. Other Wirex entities are licensed in a few jurisdictions: Wirex Limited (UK) is authorized by the Financial Conduct Authority as an e-money institution (902025). Wirex Canada is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Service Business (MSB) operating with registration number M18946201. Wirex USA is a registered MSB with the Financial Crimes Enforcement Network (FinCEN) for money transmission with registration number 31000133646433.
Wirex positions itself as a hybrid personal banking solution that integrates the benefits of blockchain technology into everyday finances. Wirex is a "big player" in the crypto-market. The group has subsidiaries in a number of countries; has licenses with 3 different financial authorities, etc. The platform is PCI DSS Level 1-certified, providing the customers with the highest level of protection possible.
Besides an Exchange and the Card, there are other interesting features: own token (WXT) that gives the holders up to 100% discount on fees (exchange, top-ups, withdrawals, card management, ATM fees, etc. Last but not least, there's a feature named Cryptoback™ — the world’s first reward program that pays out in Bitcoin. You may get up to 1.5% cashback in Bitcoin on all the purchases, transforming your Visa card into a real BTC generator. Stacking sats was never so easy!
Answering the question how safe is
Wirex:
Wirex is perfectly safe!
100/100 rating
is really hard to get,
only a few competing services have such a high rating!
Let's break down how the Wirex exchange got such a rating.
Overall rating for Wirex:
100 / 100
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:
- It's very stable and reliable exchange service operating from 2014.11. Fully compliant and regulated business, service provided by licensed financial company.
- Wirex earned perfect testimonials from the clientele.
- 30 digital currencies and 8 fiat ones are supported: definitely a good choice! 4 payment systems and banks are supported, both international and national ones: Visa & Mastercard, SEPA Transfer, SWIFT Transfer, etc.
- Fees are really low here.
- High purchase and withdrawal limits, convenient min/max amounts.
- Many countries are not supported, please check if yours is in this list before registering!
- E-wallet utilizes a business model based on holding the clients funds at the online wallet; such approach has some risks.
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
- Provides mobile wallet software for iPhone, Android and other phones
- Issues ATM cards (debit cards) you can load with coins to shop with cryptocurrency, etc.
- Fiat to Fiat currencies exchange and trading: EUR/USD and others
That's impressive number of features!
According to our statistics,
93%
of the competition provide less services,
many just allow the buying and selling, so this
e-wallet
is among the champions in this field!
Currencies & Payment Systems
Wirex provides the service of
buying and selling
and
exchanging
30 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:
Aave (AAVE),
Cardano (ADA),
Bitcoin Cash (BCHABC),
Binance Coin (BNB),
Bitcoin (BTC),
Binance USD (BUSD),
MakerDAO (DAI),
Dogecoin (DOGE),
Polkadot (DOT),
EOS (EOS),
Ether Classic (ETC),
Ether (ETH),
Kusama (KSM),
Chainlink (LINK),
Litecoin (LTC),
Polygon (MATIC),
OmiseGO (OMG),
Augur (REP),
Solana (SOL),
SushiSwap (SUSHI),
TRON (TRX),
TrueUSD (TUSD),
Uniswap (UNI),
USD Coin (USDC),
Tether (USDT),
Waves (WAVES),
NEM (XEM),
Stellar (XLM),
Ripple (XRP),
0x (ZRX).
There are not much exchanges with so many cryptos supported!
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:
Cryptocurrencies backed by assets to invest in 2022.
8 fiat currencies
are supported to provide crypto purchase and selling:
Canadian Dollar (CAD),
Czech Republic Koruna (CZK),
Euro (EUR),
Pound Sterling (GBP),
Croatian Kuna (HRK),
Hungarian Forint (HUF),
Romanian Leu (RON),
US Dollar (USD).
The e-wallet will let you buy and sell Bitcoins
and 29 other cryptos
using the following payment systems:
-
Visa & Mastercard.
An international payment system
(available worldwide)
allowing credit/debit cards payments
in various currencies.
RON,
HRK,
HUF,
CAD,
USD,
EUR,
GBP and
CZK
payments are available for
purchasing cryptos at the exchange.
Visa & Mastercard is a popular way to buy BTC and other cryptocurrencies available at
44 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.
RON,
HRK,
HUF,
CAD,
USD,
EUR,
GBP and
CZK
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):
-
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
Croatian Kuna:
USD 15
flat fee
-
Commission for the money withdrawal to
SWIFT Transfer
in
Canadian Dollar:
USD 15
flat fee
-
0%
to deposit funds by
SWIFT Transfer
in
Czech Republic Koruna.
-
Commission for the money withdrawal to
SWIFT Transfer
in
Czech Republic Koruna:
USD 15
flat fee
-
0%
to deposit funds by
SWIFT Transfer
in
Hungarian Forint.
-
Commission for the money withdrawal to
SWIFT Transfer
in
Hungarian Forint:
USD 15
flat fee
-
0%
to deposit funds by
SWIFT Transfer
in
Romanian Leu.
-
Commission for the money withdrawal to
SWIFT Transfer
in
Romanian Leu:
USD 15
flat fee
-
0%
to deposit funds by
SWIFT Transfer
in
Croatian Kuna.
-
0%
to deposit funds by
SWIFT Transfer
in
Pound Sterling.
-
0%
to deposit funds by
SWIFT Transfer
in
Euro.
-
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
-
Commission for the money withdrawal to
SWIFT Transfer
in
US Dollar:
$15.0
flat fee
-
0%
to deposit funds by
SWIFT Transfer
in
Canadian Dollar.
-
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
Canadian Dollar.
-
1.0%
to deposit funds by
Visa & Mastercard
in
Hungarian Forint.
-
1.0%
to deposit funds by
Visa & Mastercard
in
Croatian Kuna.
-
1.0%
to deposit funds by
Visa & Mastercard
in
Czech Republic Koruna.
-
1.0%
to deposit funds by
Visa & Mastercard
in
US Dollar.
-
1.0%
to deposit funds by
Visa & Mastercard
in
Romanian Leu.
-
Cryptocurrency withdrawal fee.
Please note that this fee applies only when you
transfer the crypto out of this wallet: to the third party, etc.
- the usual transaction fee in the according crypto, when you are buying:
AAVE,
ADA,
BCHABC,
BNB,
BTC,
BUSD,
DAI,
DOGE,
DOT,
EOS,
ETC,
ETH,
KSM,
LINK,
LTC,
MATIC,
OMG,
REP,
SOL,
SUSHI,
TRX,
TUSD,
UNI,
USDC,
USDT,
WAVES,
XEM,
XLM,
XRP,
ZRX.
-
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 charges 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!
The exact rate depends on the Bank or Payment System choice.
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
12%,
wirexapp.com 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):
-
Purchase limits (when you buy crypto).
-
GBP 16,000
max purchase
when using Faster Payments in
Pound Sterling.
-
USD
50,000
max purchase
when using SWIFT Transfer in
Czech Republic Koruna.
-
USD
50,000
max purchase
when using SWIFT Transfer in
Hungarian Forint.
-
USD
50,000
max purchase
when using SWIFT Transfer in
Romanian Leu.
-
USD
50,000
max purchase
when using SWIFT Transfer in
Croatian Kuna.
-
£50,000
max purchase
when using SWIFT Transfer in
Pound Sterling.
-
€50,000
max purchase
when using SWIFT Transfer in
Euro.
-
$50,000
max purchase
when using SWIFT Transfer in
US Dollar.
-
USD
50,000
max purchase
when using SWIFT Transfer in
Canadian Dollar.
-
£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.
-
USD
50
minimal buy and
USD
5,000
max purchase
when using Visa & Mastercard in
Canadian Dollar.
-
USD
50
minimal buy and
USD
5,000
max purchase
when using Visa & Mastercard in
Hungarian Forint.
-
USD
50
minimal buy and
USD
5,000
max purchase
when using Visa & Mastercard in
Croatian Kuna.
-
USD
50
minimal buy and
USD
5,000
max purchase
when using Visa & Mastercard in
Czech Republic Koruna.
-
$5
minimal buy and
$5,000
max purchase
when using Visa & Mastercard in
US Dollar.
-
USD
50
minimal buy and
USD
5,000
max purchase
when using Visa & Mastercard in
Romanian Leu.
-
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.
-
USD
50,000
maximal withdrawal
when receiving money to SWIFT Transfer in
Croatian Kuna.
-
USD
50,000
maximal withdrawal
when receiving money to SWIFT Transfer in
Canadian Dollar.
-
USD
50,000
maximal withdrawal
when receiving money to SWIFT Transfer in
Czech Republic Koruna.
-
USD
50,000
maximal withdrawal
when receiving money to SWIFT Transfer in
Hungarian Forint.
-
USD
50,000
maximal withdrawal
when receiving money to SWIFT Transfer in
Romanian Leu.
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 47
countries to use the exchange.
The following countries are supported by the e-wallet:
-
Australia
(AU)
-
Austria
(AT)
-
Belgium
(BE)
-
Bulgaria
(BG)
-
Croatia
(HR)
-
Cyprus
(CY)
-
Czech Republic
(CZ)
-
Denmark
(DK)
-
Estonia
(EE)
-
Faroe Islands
(FO)
-
Finland
(FI)
-
France
(FR)
-
Germany
(DE)
-
Gibraltar
(GI)
-
Greece
(GR)
-
Guernsey
(GG)
-
Hong Kong SAR China
(HK)
-
Hungary
(HU)
-
Iceland
(IS)
-
Ireland
(IE)
-
Isle of Man
(IM)
-
Italy
(IT)
-
Jersey
(JE)
-
Latvia
(LV)
-
Liechtenstein
(LI)
-
Lithuania
(LT)
-
Luxembourg
(LU)
-
Malta
(MT)
-
Monaco
(MC)
-
Montenegro
(ME)
-
Netherlands
(NL)
-
New Zealand
(NZ)
-
Norway
(NO)
-
Philippines
(PH)
-
Poland
(PL)
-
Portugal
(PT)
-
Romania
(RO)
-
Russia
(RU)
-
Singapore
(SG)
-
Slovakia
(SK)
-
Slovenia
(SI)
-
South Korea
(KR)
-
Spain
(ES)
-
Sweden
(SE)
-
Taiwan
(TW)
-
Thailand
(TH)
-
United Kingdom
(GB)
Does Wirex allow the users from United States (US)?
Sorry, but the wirexapp.com
can't provide the services to the citizens and residents of the United States of America at this time,
due to the local regulations and licensing matters, etc.
But there are no reasons to get disappointed because of that,
there are plenty of great exchanges as well as the ones of e-wallet
type, who warmly welcomes the American people!
We can recommend you look at these:
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
-
Selfie
According to the data submitted by the customers with the reviews and testimonials, the
average time the account verification takes is
about few hours.
The feedback is the following:
Although it's not the best result in the money exchange business, it's not so bad.
After all,
you have to pass through the user identification only once!
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 wirexapp.com!
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 18
testimonials about their experience dealing with Wirex,
94% of the testimonials are positive,
6% are neutral
and there are
0
negative ones.
Feel free to read as many of these as you like!
Website looks professional, communication was fast and my account was ready for exchange very rapidly. Exchange is instant so I am very glad I found this one!
MarioBros,
2
testimonials
@ 13 Jan 2021
It’s the best instant buying bitcoin website I’ve ever use! wirexapp allows you to buy bitcoins, ethereum and other digital currencies using your credit/debit card and a number of other instant methods. Registration and the whole process of bitcoin purchase is so easy and quite fast. Customers support speaks great English and available almost 24/7, the company is a registered MSB and has excellent reputation. I’m a regular client and recommend this service to all fellow bitcoiners!
Farman T.,
2
testimonials
@ 08 Jul 2020
Nice ATM card. Crypto shopping and fast cash out to fiat, all very well! Never tried other features, this is all I need! Although the quality of customer support is so so, some my questions were never answered
Taylor G.,
3
testimonials
@ 29 Mar 2020
I like their wallet. Convenient interface, works well on my phone and allows to convert the coins and fiat everything I need. Going to order card soon, wallet very good!
I had their card for a year, was rather happy with everything. Not a bad choice for the crypto ATM card for sure!
Customer service very professional and attentive, excellent communication!
Wirex debit card is the realest way to cash out crypto! 🤩 GOOD 1 REALLY
I use their card for a long time. Not a bad choice for sure! Mobile wallet app is also well designed and very convenient.
Hustler S.,
3
testimonials
@ 30 Sep 2019
This is probably the best ATM card you load with crypto in the whole industry! Inexpensive and FX rate is good. Easy crypto shopping!
Wirex cryptocard helps me to use my coins for shopping, I love it! So far no problems, I enjoy my experience and can recommend to anyone in need of crypto ATM card.
Anonymous user,
?
testimonials
@ 23 Sep 2019
I use this wallet long time. Don't store funds here (there are way safer ways), but use the ATM card and sometimes exchange crypto <> fiat. Besides the SWIFT and SEPA they support Faster Payments in the UK. My recommendations!
Satoshi N.,
72
testimonials
@ 11 Sep 2019
No more testimonials to show.
The rest are either outdated or written in other languages.
If you have any experience dealing with Wirex, can you please
leave your testimonial?
Thanks!
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
Does Wirex holds my funds?
Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" Wirex holds your balance at it's own hot storage wallet. That's something all e-wallet providers do; it's their main purpose, after all!
Is Wirex a good e-wallet?
According to our rating and the clients' testimonials, it is! Feel free to get acquainted with the details reading this review or just jump to the conclusion!
Is Wirex licensed? Does it hold e-money license?
Yes, Wirex Pte Ltd (entity doing business as Wirex exchange) is licenced and regulated financial company. It holds E-money Institution license and is regulated by the Financial Conduct Authority (UK) of the Singapore.
Is Wirex registered with the FINCEN?
Yes, Wirex Pte Ltd aka Wirex is registered with the U.S. Financial Intelligence Unit as Money Services Business (MSB); FinCEN registration number is 31000133646433.
Does Wirex provide the mobile wallet apps?
It does! There are a mobile apps for popular mobile platforms available.
Does Wirex provide a debit card (ATM card)?
Yes, Wirex provides such a card, you can get one if you are residing in any of the supported countries.
Is Wirex a ripoff?
It definitely isn't! Feel free to read the whole this review to understand why or check our conclusion: is Wirex legit or scam.
Wirex vs other exchanges
Let's compare wirexapp.com to other similar exchange services with more or less the same 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
49 other cryptos, check
the best rates to buy bitcoin and crypto in United States!
Wirex vs CEX
Let's compare the key features of these two platforms to see which one suits you best:
-
CEX is a trading platform
Wirex is an e-wallet,
it has a different business model
(feel free to read about the
differences between
trading platform and e-wallet)
-
CEX had started the business July 2014
Wirex started the business November 2014
(cex.io is working for
4 months longer time).
-
cex.io 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, selling and exchanging cryptocurrencies,
cex.io provides the following extra services:
Lending,
Margin Trading,
Faucets (small amounts of cryptos for free) and the
Staking, MasterNodes, etc. (passive income opportunity)
Wirex provides us with less services, related to the crypto exchange:
it allows us to purchase and sell digital currencies,
swap cryptocoins and tokens,
and besides that:
Mobile wallet,
ATM Cards and the
Fiat to Fiat Currencies Trading & Exchange.
-
CEX supports 30
cryptocurrencies and tokens
Wirex allows to swap
30
cryptos
(Wirex & CEX
are working with the same number of digital currencys).
-
3
fiat currencies are available on
cex.io website
You'll be able to use
8
national currencies to swap with digital ones at
Wirex
(Wirex
supports
5
fiat currencies more).
-
CEX accepts deposits from and allows withdrawals to
8 fiat payment systems / banks
Wirex allows the user to utilize 4
various fiat payment systems and/or banks
(Wirex
supports 4 banks and fiat payment systems less).
-
CEX charges
0.3% — 3.99%
fee
Wirex charges the client
1.0%
fee, depending on the currency, payment system, etc.
(Wirex & CEX
charge the customer with the equal fee level, more or less).
-
Buying limits at CEX start from
$20.00 and are up to $10,000
Deposit/withdraw limits at Wirex are
$5.00 — $5,000
depending on the payment method
(Wirex
has lower buying/selling limits).
-
CEX allows registrations from 224 countries;
United States is among the supported ones
You may register at Wirex if you reside in one of 47 countries;
unfortunately, United States is not among the supported ones
(Wirex
supports less countries).
-
Our visitors rated customer care at the CEX
4.55 / 5.0
Customers' service at Wirex exchange was rated
5.0 / 5.0 by our visitors
(Wirex
support team got better rating from our customers
-
During the account verification CEX
usually asks for 3
documents and/or procedures
(id verification,
phone confirmation,
selfie)
and it takes
about few hours
in most of the cases
User identification at Wirex
usually consists of 3
different procedures:
id verification,
phone confirmation,
selfie
and the process usually takes
about few hours
(Wirex & CEX require the client to pass through the — more or less — the same process during the verification).
-
Due to results of community feedback, CEX process deposit/withdrawal orders in about
in couple of minutes
(although the exchange is instant)
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
processes deposits and withdrawals faster
-
Our users left 27
testimonials about CEX,
100%
of which are positive
We've collected 18
users testimonials about Wirex,
94%
are positive
(Wirex & CEX
was rated lower by the community).
Although the final decision, which exchange —
CEX 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 look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Wirex vs Coinbase
Let's compare the key features of these two platforms to see which one suits you best:
-
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.com is working for
2 years and 5 months longer time).
-
coinbase.com 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.com provides the following extra services:
ATM Cards,
Merchant Services and the
Staking, MasterNodes, etc. (passive income opportunity)
Wirex provides more exchange-related services:
it allows us to purchase and sell digital currencies,
swap cryptocoins and tokens,
and besides that:
Mobile wallet,
ATM Cards and the
Fiat to Fiat Currencies Trading & Exchange.
-
Coinbase supports 21
cryptocurrencies and tokens
Wirex allows to swap
30
cryptos
(Wirex
additionally works with
9
added cryptocurrencies/tokens).
-
6
fiat currencies are available on
coinbase.com website
You'll be able to use
8
national currencies to swap with digital ones at
Wirex
(Wirex
supports
2
fiat currencies more).
-
Coinbase accepts deposits from and allows withdrawals to
8 fiat payment systems / banks
Wirex allows the user to utilize 4
various fiat payment systems and/or banks
(Wirex
supports 4 banks and fiat payment systems less).
-
Coinbase charges
1.0% — 3.99%
fee
Wirex charges the client
1.0%
fee, depending on the currency, payment system, etc.
(Wirex
has lower fees in general).
-
Coinbase gives the gifts to the customers
Wirex has neither gifts or cashback available
(Wirex & Coinbase
both provide the same bonuses for customers).
-
Buying limits at Coinbase start from
$2.00 and are up to $5,000
Deposit/withdraw limits at Wirex are
$5.00 — $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 47 countries;
unfortunately, United States is not among the supported ones
(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
about few hours
in most of the cases
User identification at Wirex
usually consists of 3
different procedures:
id verification,
phone confirmation,
selfie
and the process usually takes
about few hours
(Wirex's compliance program and fraud prevention policies oblige the client to complete more steps during the verification).
-
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 25
testimonials about Coinbase,
96%
of which are positive
We've collected 18
users testimonials about Wirex,
94%
are positive
(Wirex & Coinbase
was rated lower by the community).
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,
since both exchanges are equally rated,
we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Wirex vs BitQuick
Let's compare the key features of these two platforms to see which one suits you best:
-
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.co is working for
1 years and 1 months longer time).
-
BitQuick 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,
BitQuick provides no extra services
Wirex provides more exchange-related services:
it allows us to purchase and sell digital currencies,
swap cryptocoins and tokens,
and besides that:
Mobile wallet,
ATM Cards and the
Fiat to Fiat Currencies Trading & Exchange.
-
BitQuick supports 1
cryptocurrency
Wirex allows to swap
30
cryptos
(Wirex
additionally works with
29
added cryptocurrencies/tokens).
-
just one national currency is presented on
bitquick.co website
You'll be able to use
8
national currencies to swap with digital ones at
Wirex
(Wirex
supports
7
fiat currencies more).
-
BitQuick accepts deposits from and allows withdrawals to
1 fiat payment systems / banks
Wirex allows the user to utilize 4
various fiat payment systems and/or banks
(Wirex
supports 3 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).
-
Buying limits at BitQuick start from
$1.00 and are up to $555,556
Deposit/withdraw limits at Wirex are
$5.00 — $5,000
depending on the payment method
(Wirex
has lower buying/selling limits).
-
BitQuick allows registrations from 255 countries;
United States is among the supported ones
You may register at Wirex if you reside in one of 47 countries;
unfortunately, United States is not among the supported ones
(Wirex
supports less countries).
-
During the account verification BitQuick
usually asks for 1
document / procedure
(phone confirmation)
User identification at Wirex
usually consists of 3
different procedures:
id verification,
phone confirmation,
selfie
and the process usually takes
about few hours
(While BitQuick
agrees on certain exceptions granting no verification for specific orders,
Wirex follows the stricter rules and sets more restrictions).
-
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 5
testimonials about BitQuick,
80%
of which are positive
We've collected 18
users testimonials about Wirex,
94%
are positive
(Wirex
has better testimonials from the clients).
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,
although Wirex has a better total rating
100 vs BitQuick's 84,
we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Wirex vs Kuna
Let's compare the key features of these two platforms to see which one suits you best:
-
Kuna is a trading platform
Wirex is an e-wallet,
it has a different business model
(feel free to read about the
differences between
trading platform and e-wallet)
-
Kuna had started the business January 2016
Wirex started the business November 2014
(Wirex operates
1 years and 1 months longer).
-
Kuna 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, selling and exchanging cryptocurrencies,
kuna.io provides the following extra services:
Cash codes
Wirex provides more exchange-related services:
it allows us to purchase and sell digital currencies,
swap cryptocoins and tokens,
and besides that:
Mobile wallet,
ATM Cards and the
Fiat to Fiat Currencies Trading & Exchange.
-
Kuna supports 19
cryptocurrencies and tokens
Wirex allows to swap
30
cryptos
(Wirex
additionally works with
11
added cryptocurrencies/tokens).
-
2
fiat currencies are available on
kuna.io website
You'll be able to use
8
national currencies to swap with digital ones at
Wirex
(Wirex
supports
6
fiat currencies more).
-
Kuna accepts deposits from and allows withdrawals to
6 fiat payment systems / banks
Wirex allows the user to utilize 4
various fiat payment systems and/or banks
(Wirex
supports 2 banks and fiat payment systems less).
-
Kuna charges
1.0% — 3.0%
fee
Wirex charges the client
1.0%
fee, depending on the currency, payment system, etc.
(Wirex
has lower fees in general).
-
Buying limits at Kuna start from
$1.00 and are up to $10,000
Deposit/withdraw limits at Wirex are
$5.00 — $5,000
depending on the payment method
(Wirex
has lower buying/selling limits).
-
Kuna allows registrations from 251 countries;
we are sorry, but United States is not supported this time
You may register at Wirex if you reside in one of 47 countries;
unfortunately, United States is not among the supported ones
(Wirex
supports less countries).
-
Our visitors rated customer care at the Kuna
5.0 / 5.0
Customers' service at Wirex exchange was rated
5.0 / 5.0 by our visitors
(Wirex & Kuna
provide the equal quality of customer support).
-
Kuna allows the user to be anonymous, there is no account verification, etc.
User identification at Wirex
usually consists of 3
different procedures:
id verification,
phone confirmation,
selfie
and the process usually takes
about few hours
(Unlike kuna.io that agrees to serve anonyms,
Wirex abides certain KYC, AML/CTF policies, there's an account verification)
-
Due to results of community feedback, Kuna 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 & Kuna
process the deposits and withdrawals with equal speed).
-
Our users left 4
testimonials about Kuna,
100%
of which are positive
We've collected 18
users testimonials about Wirex,
94%
are positive
(Wirex & Kuna
was rated lower by the community).
Although the final decision, which exchange —
Kuna 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 Kuna's 84,
we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Conclusion: is Wirex legit or scam?
Now it's time to draw a conclusion, is wirexapp.com a scam or is it a legit exchange?
We are 100% sure Wirex is the
most trusted and absolutely legit exchange platform
with an outstanding reputation in the crypto community; one of
the industry leaders. There is no way it can be even considered to 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
7 years
and
9 months
ago
- Exchange supports
30 cryptocurrencies
and 8
fiat ones
(totally 4
payment systems / banks are available).
Besides buying, selling and exchanging digital currencies, the following services are available:
Mobile wallet,
ATM Cards and
Fiat to Fiat Currencies Trading & Exchange
- It charges low fees:
1.0%;
although the exchange of smaller amounts is rather inexpensive
- The purchase and withdrawal limits are high and you may exchange small amounts, if you wish to:
from $5.00
to $5,000 USD,
it depends on a payment system choice
- Wirex
accepts the clients from 47 countries;
unfortunately, users from United States
are not permitted to use the service
- Clients' testimonials are perfect,
100% (18 out of
18) note their positive experience dealing with Wirex.
According to the customers feedback:
- Customer support is great
- Deposits and withdrawals are instant
- Verification is really fast
Last but not least, according to our rating and the feedback from the
Wirex clientele, we consider it as
"The second best e-wallet worldwide!"
That means the platform really
stands out from the
332 exchange services we monitor;
our ranking algorithms and the input we got from the actual exchange customers confirm that.
With all the features and positive reviews, it's obvious why
Wirex has been so successful
for 7+ years
and we invite you to check out by yourself!
Overall rating for Wirex:
100 / 100