Wirex review & 14 testimonials for wirexapp.com (03.2020)

What is Wirex in a nutshell? It's a trusted, respectable, well established, promising exchange service (e-wallet) supporting some popular crypto: you can exchange these using the website. 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, 66% exchanges take higher average fee) and has great buying limits: $5 — $5,000 (although, in accordance with the statistics we've collected, 83% exchanges have higher order limits). 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 nice testimonials from the customers: just our platform, already has 14 user reviews, 93% 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 92/100 rating: it's the great result, higher than 98% of the competition! For example, rapid-obmen and Newline are ranked below, although Binance (94/100) has better rank among our community members.

Based on all these facts, our verdict is the following: Wirex is a legit and perfectly safe place to exchange Bitcoins, 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 very highly by our visitors, it should have a lot of strong sides and just a few downsides. 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:

• Helps the visitors to exchange the electronic currencies.

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 various cryptocurrencies exchange.

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 innovative cryptocurrencies to invest in 2021.

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!

Buying and selling limits

This e-wallet has the following limits, applicable when you buy or sell cryptocurrencies:

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)

Americans are welcome to exchange various cryptos that are supported by the e-wallet.

Please visit the exchange's website to check the offers that are currently active!

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 utilize the exchange services:

• 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, 93% of the testimonials are positive, 7% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!

Although the user reviews of Wirex are not the best-of-the-best, 93% positive ones is definitely a good result! Most likely, your experience doing business with this e-wallet will be worthwhile, and who knows, maybe it will turn out that for you this exchange is #1!

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 the same number of services as BitQuick: it just exchanges cryptos.
• 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, 93% are positive (Wirex was rated lower by the community).

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 lower total rating 92 vs BitQuick with 100, 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 Coinbase
• Wirex vs rapid-obmen
• Wirex vs Newline
• Wirex vs Binance

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 just exchanges cryptos.
• 6 fiat currencies are available at Coinbase Wirex doesn't allow to use any fiat currencies (Wirex supports 6 fiat currencies less).
• Coinbase accepts deposits from and allows withdrawals to 4 fiat payment systems / banks Wirex doesn't support fiat payments in any form (Wirex supports 4 banks and fiat payment systems less).
• 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 23 testimonials about Coinbase, 96% of which are positive We've collected 14 users testimonials about Wirex, 93% are positive (Wirex 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, although Wirex has a lower total rating 92 vs Coinbase with 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 Coinbase
• Wirex vs rapid-obmen
• Wirex vs Newline
• Wirex vs Binance

Wirex vs rapid-obmen

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

our detailed review of rapid-obmen

• rapid-obmen 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)
• rapid-obmen had started the business July 2014 Wirex started the business November 2014 (rapid-obmen is working for 4 months longer time).
• rapid-obmen operates without a business registration or there is no information available about it Wirex has all the required business licenses and permissions (Wirex utilizes a safer and more stable business model).
• Besides the digital currencies exchange, rapid-obmen provides no extra services Wirex provides the same number of services as rapid-obmen: it just exchanges cryptos.
• rapid-obmen allows registrations from 255 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 & rapid-obmen support the same number of countries and territories).
• During the account verification rapid-obmen usually asks for some (it depends) documents and/or procedures 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, rapid-obmen 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 & rapid-obmen process the deposits and withdrawals with equal speed).
• Our users left 2 testimonials about rapid-obmen, 100% of which are positive We've collected 14 users testimonials about Wirex, 93% are positive (Wirex was rated lower by the community).

Although the final decision, which exchange — rapid-obmen 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 92 vs rapid-obmen's 90, we recommend you to look at the list above and decide, what is most important for you!

try rapid-obmen

or

exchange @ Wirex!

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

• Wirex vs BitQuick
• Wirex vs Coinbase
• Wirex vs rapid-obmen
• Wirex vs Newline
• Wirex vs Binance

Wirex vs Newline

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

our detailed review of Newline

• Newline 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)
• Newline had started the business March 2016 Wirex started the business November 2014 (Wirex operates 1 years and 4 months longer).
• Newline operates without a business registration or there is no information available about it Wirex has all the required business licenses and permissions (Wirex utilizes a safer and more stable business model).
• Besides the digital currencies exchange, Newline provides no extra services Wirex provides the same number of services as Newline: it just exchanges cryptos.
• Newline allows registrations from 255 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 & Newline support the same number of countries and territories).
• Our visitors rated customer care at the Newline 5.0 / 5.0 Customers' service at Wirex exchange was rated 5.0 / 5.0 by our visitors (Wirex & Newline provide the equal quality of customer support).
• During the account verification Newline usually asks for some (it depends) documents and/or procedures 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, Newline 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 & Newline process the deposits and withdrawals with equal speed).
• Our users left 4 testimonials about Newline, 100% of which are positive We've collected 14 users testimonials about Wirex, 93% are positive (Wirex was rated lower by the community).

Although the final decision, which exchange — Newline 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 92 vs Newline's 90, we recommend you to look at the list above and decide, what is most important for you!

try Newline

or

exchange @ Wirex!

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

• Wirex vs BitQuick
• Wirex vs Coinbase
• Wirex vs rapid-obmen
• Wirex vs Newline
• Wirex vs Binance

Wirex vs Binance

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

our detailed review of Binance

• Binance 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)
• Binance had started the business April 2017 Wirex started the business November 2014 (Wirex operates 2 years and 5 months longer).
• Binance 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 crypto to crypto exchange, Binance provides the following extra services: Mobile wallet, Lending and the Margin Trading Wirex provides us with less services, related to the crypto exchange: it just exchanges cryptos.
• Binance charges 0.0% fee Wirex charges the client 1.0% fee, depending on the currency, payment system, etc. (Wirex has higher fees, generally).
• Binance allows registrations from 255 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 & Binance support the same number of countries and territories).
• During the account verification Binance usually asks for 1 document / procedure: (selfie) 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).
• Our users left 17 testimonials about Binance, 94% of which are positive We've collected 14 users testimonials about Wirex, 93% are positive (Wirex was rated lower by the community).

Although the final decision, which exchange — Binance 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 lower total rating 92 vs Binance with 94, we recommend you to look at the list above and decide, what is most important for you!

try Binance

or

exchange @ Wirex!

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

• Wirex vs BitQuick
• Wirex vs Coinbase
• Wirex vs rapid-obmen
• Wirex vs Newline
• Wirex vs Binance

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 6 years and 2 months ago
• 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 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
• Customers' testimonials are rather good, 7% (1 of 14) are neutral or negative. According to the customers feedback:
• Customer support is great
• Deposits and withdrawals are instant