LONDON, December 7, 2022 /PRNewswire/ — Wirex, a banking alternative built for Web3, has included 52 new tokens in its app. The cryptocurrencies will give its 5 million customers direct access to the benefits of DeFi.

The addition is Wirex’s largest token launch in one go, bringing the total number of cryptocurrencies to 130 and traditional currencies to 13. As the world moves closer to Web3, the company’s founders recognize the pivotal role that blockchain technology plays in a decentralized digital ecosystem. Wirex’s primary mission is to bridge the gap between traditional and digital finance, which means each token was strategically chosen to give everyday users more options for using DeFi.

Featured tokens include CAKE, BRZ, BBTC, IMX, YGG, PLA, RNDR, CHR, and GMT, and will be compatible with blockchains such as Ethereal, Solana, Binance Smart Chain (BSC), Avalanche, Tron, Algorand, Optimism, Polygon, Stellar, Cosmos, and Near. The tokens will be available globally to customers on the Wirex app starting today*.

The release includes the NEAR token, which powers the Near Protocol that allows developers to create and host dApps. The Protocol is an open source proof-of-stake (PoS) blockchain, compatible with smart contracts, that offers a highly scalable and easy-to-use infrastructure for users and developers. NEAR token holders can pay transaction fees and use it as collateral to store data on the blockchain.

Wirex’s leading digital payments platform will allow users to buy, hold, trade and sell these tokens. linked to his cryptowith debit card enabled, they can be spent at over 90 million locations worldwide, and for every transaction made in store or online, earn up to 8% Cryptoback™ rewards.

The news follows the company’s expansion of products available within the app, including the recent launch of DUO, a high-performance dual-asset generation tool that gives users up to 200% performance. In the first 10 days, more $25 million of DUO opened.

Pavel MatveyevWirex CEO and Co-Founder, commented: “We want our customers to fully experience the benefits of Web3. Combined with our industry-leading UX, we have enabled access to some of the most popular dApps and tokens, such as NEAR. This will give users the flexibility to easily use this new generation of the Internet however they want.”

flamenco mariekeCEO of the NEAR Foundation, said: “This partnership is an important step in helping us achieve our vision of bringing Web3 to a broader audience. Wirex has built a strong and loyal customer base that we can tap into and introduce the unlimited potential of NEAR and the creators of Web3”.

To see the full list of tokens, visit: https://wirexapp.com/blog/post/launch-of-52-new-tokens-0686

* Some tokens and services may only be available in certain regions

About Wirex

Wirex is a global digital payments platform and regulated institution that has forged new rules in the digital payments space. In 2015, the company developed the first cryptoenabled payment card giving users the ability to spend seamlessly crypto and traditional currencies in real life.

Wirex was created in 2014 by CEOs and co-founders Pavel Matveyev and Dmitry Lazarichev, who identified the need to open up the esoteric world of cryptocurrencies and make digital money accessible to everyone. With the main objective of making it as easy as possible to use digital assets in everyday life, Wirex offers a reliable and profitable service for crypto and traditional currency transactions by incorporating the next generation of payments infrastructure integrated with cryptocurrency block chains

With more than 5 million customers in 130 countries, the company offers secure accounts that allow customers to easily store, buy and exchange multiple currencies instantly with the best rates live in a centralized mobile app. Fast and easy crypto transfer options are available, as well as the freedom to spend more than 150 traditional and cryptocurrencies in more than 80 million locations worldwide using the Wirex card.

Wirex continues to develop the product in accordance with market developments, while adhering to regional regulations and securing appropriate licenses where they exist. An industry-proven pioneer, Wirex launched its own native utility token, WXT, and introduced the world’s first token crypto rewards program, Cryptoback™, which gives cardholders up to 8% back on WXT for every transaction they make.

To reflect the growth of the metaverse, throughout 2021, the company has expanded its product to enable widespread access to DeFi. Starting with the launch of its popular X-Accounts feature, which offers unprecedented levels of interest, Wirex has continued to add to its DeFi arsenal with the launch of the non-custodial Wirex Wallet and a partnership with Nereus, a decentralized liquidity marketplace provider.

Wirex is headquartered in Londonwith offices in Singapore, Kyiv, dallas, Dublin Y atlanta. More than $5 billion value of transactions already processed and rapid expansion into new territories, including the US, Wirex is uniquely positioned to support and promote the mass adoption of a cashless society through creative solutions.

| wirexapp.com |

About NEAR

NEAR is a high performance blockchain built without limits. Designed to be super fast, incredibly secure, and infinitely scalable, NEAR allows anyone to build at scale and deploy at pace. NEAR’s vision is to create a network that empowers people to reinvent finance, creativity, and community in new and inclusive ways. With NEAR, mass blockchain adoption is possible. NEAR is built by an award-winning team of engineers and entrepreneurs to be easy to use, inclusive, and good for the environment. NEAR is backed by major VCs such as A16Z, Pantera Capital, Electric Capital, Dragonfly Capital, Coinbase Ventures, Blockchain.com, and Baidu Ventures. | https://near.org

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SOURCE Wirex