How to fund your Wirex account (2024)

FAQs

How to fund your Wirex account? ›

One of the ways you can add funds to your Wirex account is through a bank transfer.

One of the ways you can add funds to your Wirex account is through a bank transfer.

The Wirex Wallet App is a non-custodial wallet, meaning you are solely in control of your Digital Assets.

You can also withdraw cash from ATMs using your Wirex card, which makes it easy to access your funds when you need them.

To withdraw funds from your Wirex account via bank transfer, simply log in to your Wirex account, click on "Send" and select the "Pay" option. Choose the relevant currency account (EUR or GBP) and then select "Bank Transfer". From here, enter the amount you wish to withdraw and the recipient details for the transfer.

Wirex uses the latest anti-fraud technology to root out illegitimate transactions and protect users. The company also utilizes multi-signature wallets and cold storage to secure users' crypto holdings. The platform also offers Two-Factor Authentication (2FA), biometric security, and 256-bit AES encryption.

Fact: Keeping your money safe is one of our key focuses at Wirex, as is accessibility, which is why we use multisig mobile wallets. Combined with the existing safety assurances of the blockchain, our wallets incorporate a range of security measures to ensure the risk of theft is minimised.

Does Wirex accept debit cards? ›

Wirex supports cryptocurrency purchases with various payment methods, including debit and credit cards.

Buying cryptocurrency with Wirex is easy and can be done using the 'Exchange' feature. This feature allows you to buy and sell supported cryptocurrencies, convert your traditional currencies to crypto or back, and even top up your Wirex cards.

Click on your PayPal Balance. Hit Withdraw Money. Select your Wirex card. Tap Next and enter the amount you want to add.

To initiate a deposit, simply log in to your Wirex account and navigate to the "Add Funds" section. From there, you can select the deposit method that's available to you and follow the on-screen instructions to complete the process.

After entering your card details, your bank may require additional verification steps. Follow the prompts to complete the verification process. Once your card has been verified, you'll see a confirmation message indicating that your card has been successfully linked to your Wirex account.

Does Wirex automatically deduct taxes? No, as of 2024, Wirex does not automatically deduct taxes from crypto trades. However, Wirex might still report your crypto transactions to your country's tax authority, like the IRS or HMRC.

Introduction. Wirex is a powerful wallet application (not a bank) featuring cutting-edge MasterCard payment options for routine purchases in fiat currency, as well as purchases backed by digital currencies.

A Wirex Account is an electronic money account from which you can make and receive payments. You can use your account to make transfers to other accounts, set up standing orders and make direct debit payments. A Wirex card is a Visa card that can be used worldwide wherever Visa is accepted.