Wirex Introduces Multi-blockchain Liquidity Pool, W-Pay
- W-Pay offers direct access to deep financial pools for Bitcoin, USD, GBP and EUR with more cryptocurrencies to come.
Wirex Limited, which is known for its suite of personal banking solutions such as a debit card for Bitcoin users, has announced that it is opening up its liquidity pool to new providers to meet growing customer demand and ensure that users get the best possible exchange rate despite the short-term market conditions.
Learn how to buy Bitcoin and Ethereum safely with our simple guide!
The company justified the move to its retail clients by explaining that "some investor hopefuls currently attempt to time the market by using trading exchanges, only to find that fees and instant price fluctuations eat away their profits if they trade too often."
Instead, W-Pay offers direct access to a global network of deep financial pools for Bitcoin, dollars, pounds and euros - with more currencies promised soon, including various Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term such as Dash, Litecoin, and so on.
W-Pay (Wirex Payment Network) is a multi asset off-chain liquidity network powered by smart contract technology, enabling ultra-low cost instant Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term on a global scale. It was initially inspired by the Lighting Network and was launched in early 2015 following a rebrand of e-coin. The service was founded in 2013 as the first mass consumer service in the world to successfully combine cryptocurrency networks with traditional banking services and the VISA card scheme.
Earlier this year Wirex raised $3 million in a Series A funding round led by the Japanese conglomerate SBI (TYO:8473).
Wirex Limited, which is known for its suite of personal banking solutions such as a debit card for Bitcoin users, has announced that it is opening up its liquidity pool to new providers to meet growing customer demand and ensure that users get the best possible exchange rate despite the short-term market conditions.
Learn how to buy Bitcoin and Ethereum safely with our simple guide!
The company justified the move to its retail clients by explaining that "some investor hopefuls currently attempt to time the market by using trading exchanges, only to find that fees and instant price fluctuations eat away their profits if they trade too often."
Instead, W-Pay offers direct access to a global network of deep financial pools for Bitcoin, dollars, pounds and euros - with more currencies promised soon, including various Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term such as Dash, Litecoin, and so on.
W-Pay (Wirex Payment Network) is a multi asset off-chain liquidity network powered by smart contract technology, enabling ultra-low cost instant Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term on a global scale. It was initially inspired by the Lighting Network and was launched in early 2015 following a rebrand of e-coin. The service was founded in 2013 as the first mass consumer service in the world to successfully combine cryptocurrency networks with traditional banking services and the VISA card scheme.
Earlier this year Wirex raised $3 million in a Series A funding round led by the Japanese conglomerate SBI (TYO:8473).