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Wirex is a UK-founded crypto-financial platform trusted by over 7 million users across 130+ countries since 2014. It combines a multi-currency wallet, crypto debit card, exchange, and yield-earning products into a single app. Wirex is the only crypto-native company to hold Principal Membership with both Visa and Mastercard, and it is regulated by the UK Financial Conduct Authority (FCA) with an e-money licence. In this Wirex review for 2026, we cover everything from fees and features to the new Cardano Card partnership, X-Accounts yields, security, and whether Wirex is worth using today.
Wirex Review at a Glance (2026)
| Feature | Details |
|---|---|
| Founded | 2014 (London, UK) |
| Users | 7 million+ |
| Supported Cryptocurrencies | 150+ (including BTC, ETH, ADA, SOL, USDT, WXT) |
| Supported Fiat Currencies | USD, EUR, GBP, and 10+ others |
| Card Networks | Visa and Mastercard (Principal Member) |
| Maximum Cashback | Up to 8% Cryptoback™ in WXT |
| X-Accounts AER | Up to 16% on stablecoins |
| Savings Bonus | Up to 16% annual on WXT balance |
| Countries Available | 130+ |
| Regulation | FCA e-money licence (UK), MAS (Singapore) |
| Mobile App | iOS and Android |
| Customer Support | 24/7 via app and email |
What Is Wirex?
Wirex is a digital payments platform that merges traditional banking services with cryptocurrency functionality. Founded in 2014 by Pavel Matveev, Dmitry Lazarichev, and Georgy Sokolov in London, Wirex was originally known as E-Coin before rebranding in 2016. The platform allows users to buy, sell, hold, and exchange over 150 cryptocurrencies alongside fiat currencies. Its core innovation is the Wirex card — a crypto debit card that automatically converts digital assets to fiat at the point of sale, enabling seamless everyday spending at any merchant that accepts Visa or Mastercard.
As of 2026, Wirex has processed over $20 billion in transactions and serves users in more than 130 countries. The platform has expanded well beyond a simple crypto card into a comprehensive digital wealth platform offering savings accounts (X-Accounts), a DeFi integration layer, borrowing services, and the recently launched Cardano Card in partnership with Emurgo.
Key Features
Wirex Crypto Debit Card
The Wirex card is the platform's flagship product. It is a physical and virtual debit card that lets you spend both cryptocurrencies and fiat currencies at over 80 million merchants worldwide. The card automatically converts your chosen cryptocurrency to the local fiat currency at the time of purchase. There are no annual fees, no foreign exchange fees, and free ATM withdrawals up to $200 per month (limits vary by plan).
Users earn Cryptoback™ rewards on every eligible card purchase — up to 8% paid in WXT tokens, depending on your subscription tier. This is one of the highest cashback rates available on any crypto card in 2026. The card supports both Visa and Mastercard networks, and Wirex is the only crypto-native company to hold Principal Membership with both networks.
Cardano Card Partnership (New for 2025-2026)
In November 2025, Wirex partnered with Emurgo, the commercial arm of the Cardano blockchain, to launch the Cardano Card. This global Visa card allows users to spend over 685 cryptocurrencies and stablecoins — including ADA, BTC, ETH, and USDC — at any Visa-accepting merchant. The partnership leverages Wirex's existing payments infrastructure and brings Cardano closer to real-world payment adoption. The Cardano Card was unveiled at the Cardano Summit 2025 in Berlin and is available to Wirex's 7 million user base.
X-Accounts (Savings & Yield)
X-Accounts are Wirex's yield-generating savings product. Users can earn up to 16% AER on stablecoins and competitive rates on other cryptocurrencies and fiat currencies. Interest compounds daily and is paid weekly. There are no lock-up periods — you can withdraw your funds at any time without penalty. X-Accounts Plus offers an additional yield boost (up to 6% extra) if you commit funds for 30 days.
WXT Token and X-tras Rewards Program
WXT is Wirex's native utility token, operating on the Stellar and Ethereum blockchains. It powers the entire X-tras rewards ecosystem, which includes:
- Cryptoback™ — Up to 8% cashback in WXT on card purchases
- Savings Bonus — Up to 16% annual bonus on positive WXT balance
- Boosted X-Account rates — Higher AER on savings accounts
- DeFi access — WXT can be used across various DeFi ecosystems
As of early 2026, WXT trades at approximately $0.0025, giving it a relatively low per-token value but significant utility within the Wirex ecosystem.
DUO (Dual-Asset Investment)
DUO is Wirex's dual-asset investment tool that offers guaranteed returns by tracking price fluctuations between two cryptocurrencies. Users select a trading pair, invest their chosen currency, and pick a staking duration (12 hours to 7 days). DUO advertises returns of up to 400% APR with zero fees, though actual returns depend on market conditions and the chosen pair.
Wirex Multiply
Wirex Multiply allows users to take leveraged positions on crypto price movements — both up and down. It combines elements of a crypto exchange and traditional trading platform, designed for users who want to profit from market volatility without using a dedicated trading platform.
Portfolio Management
Wirex supports holding and swapping 150+ digital assets directly within the app. The exchange offers competitive rates with real-time pricing. Users can manage their entire crypto and fiat portfolio from a single dashboard, with instant transfers between wallets.
Wirex Fees
Wirex is transparent about its fee structure, which is generally competitive compared to other crypto card platforms. Here is a detailed breakdown:
| Fee Type | Amount |
|---|---|
| Card Issuance | Free (physical and virtual) |
| Annual Card Fee | $0 |
| Foreign Exchange Fee | 0% (no FX markup on card purchases) |
| ATM Withdrawal | Free up to $200/month; 2% thereafter |
| Crypto Exchange | 0%–1.5% (varies by pair and volume) |
| Bank Deposit (SEPA/Faster Payments) | Free |
| Bank Withdrawal | Free |
| Crypto Deposit | Free (network fees apply) |
| Crypto Withdrawal | Network fee only |
| Inactivity Fee | None |
| Monthly Subscription (Standard) | Free |
| Monthly Subscription (Premium) | Paid in WXT (varies by tier) |
| Monthly Subscription (Elite) | Paid in WXT (varies by tier) |
The standout here is the zero foreign exchange fee on card purchases, which is rare among crypto cards. The crypto exchange spread of 0%–1.5% is in line with competitors like Crypto.com and Revolut, though dedicated exchanges like Binance typically offer lower trading fees (0.1% maker/taker).
Wirex Plans: Standard vs Premium vs Elite
Wirex offers three subscription tiers through its X-tras program, each unlocking progressively higher rewards and limits. Plans are paid in WXT tokens, and each tier has sub-levels (Entry, Silver, Gold, Platinum) based on how much WXT you lock.
| Feature | Standard | Premium | Elite |
|---|---|---|---|
| Monthly Cost | Free | Paid in WXT | Paid in WXT |
| Cryptoback™ Rate | Up to 2% | Up to 4% | Up to 8% |
| X-Account Crypto AER | Up to 6% | Up to 10% | Up to 16% |
| WXT Savings Bonus | Up to 6% | Up to 10% | Up to 16% |
| Free ATM Withdrawals | $200/month | $400/month | $800/month |
| Exclusive Merchant Offers | No | Yes | Yes (curated) |
| Priority Support | No | Yes | Yes (dedicated) |
The Elite plan with Platinum tier is best suited for heavy Wirex users who hold significant amounts of WXT. For casual users, the free Standard plan still offers a solid 2% Cryptoback™ and respectable X-Account rates — better than most traditional savings accounts.
Security and Regulation
Wirex takes security seriously, implementing multiple layers of protection:
- FCA e-money licence — Wirex Limited holds a UK Financial Conduct Authority e-money licence, making it one of only a handful of crypto-friendly companies to earn this status
- MAS regulation — Licensed under the Monetary Authority of Singapore
- Visa and Mastercard Principal Member — The only crypto-native company with principal membership from both networks
- Two-factor authentication (2FA) — Required for account access and transactions
- Instant card freeze — Freeze and unfreeze your card instantly from the app
- Cold storage — Majority of crypto funds stored offline
- Biometric authentication — Fingerprint and face ID login on mobile
Wirex has been operating since 2014 without a major security breach, which is a strong trust signal in the volatile crypto industry. The FCA licence means user fiat funds are safeguarded in segregated accounts, providing an additional layer of protection.
Supported Cryptocurrencies
Wirex supports over 150 cryptocurrencies for buying, selling, holding, and exchanging. Key supported assets include:
- Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC)
- Cardano (ADA), Solana (SOL), Avalanche (AVAX), Polkadot (DOT)
- Stablecoins: USDT, USDC, DAI
- Wirex Token (WXT)
- Meme coins and emerging tokens
With the Cardano Card partnership, spending capabilities extend to over 685 cryptocurrencies and stablecoins. For comparison, Crypto.com supports 350+ coins, while Coinbase supports 250+. Wirex's multi-chain support across Stellar, Ethereum, and other networks gives it broad asset coverage.
User Experience and Mobile App
Wirex is primarily a mobile-first platform. The app (available on iOS and Android) serves as the central hub for all account management, trading, card controls, and yield products. The interface is clean and beginner-friendly, with separate sections for portfolio management, card settings, X-Accounts, and DUO investments.
Key UX highlights include:
- Instant push notifications for all card transactions and account activity
- Quick swap functionality for converting between any supported assets
- Real-time portfolio tracking with price alerts
- In-app card management (freeze/unfreeze, spending limits, PIN changes)
- Multi-language support
The desktop/web experience is more limited — Wirex is designed as a mobile-first product, and some features are only accessible through the app. This may be a drawback for users who prefer desktop trading interfaces.
Customer Support
Wirex provides 24/7 customer support in multiple languages. Support channels include in-app chat, email ticketing, and a comprehensive help center. Premium and Elite plan subscribers receive priority support with faster response times.
User reviews on Trustpilot are mixed — the platform holds a rating on trustpilot.com/review/wirexapp.com with many positive reviews praising the app's functionality and cashback rewards, while negative reviews often relate to KYC verification delays and account freezing during compliance checks. This is a common issue across regulated crypto platforms, not unique to Wirex.
Wirex Pros and Cons
| Pros | Cons |
|---|---|
| Up to 8% Cryptoback™ on card purchases | Maximum cashback requires Elite plan + WXT staking |
| Zero FX fees on international card spending | Crypto exchange spread of 0%–1.5% higher than dedicated exchanges |
| FCA-regulated with Visa/Mastercard Principal Membership | KYC required immediately — no access without verification |
| Up to 16% AER on stablecoin X-Accounts | Cashback paid in WXT (low-value token at ~$0.0025) |
| 150+ cryptocurrencies supported | Mobile-first — limited desktop/web functionality |
| Free card with no annual fees | Mixed Trustpilot reviews regarding KYC and account freezes |
| Cardano Card partnership for 685+ crypto spending | Premium/Elite plans require WXT token commitment |
| 24/7 customer support | DUO and Multiply carry higher risk for inexperienced users |
How Wirex Compares to Alternatives
To put Wirex in context, here is how it stacks up against leading crypto card and fintech competitors:
| Feature | Wirex | Crypto.com | Revolut | Binance |
|---|---|---|---|---|
| Max Cashback | 8% (Cryptoback™) | 5% (Obsidian) | 1% (Metal) | Up to 8% (BNB) |
| Card Fee | Free | Free–$400,000 stake | Free–£13.99/mo | Free |
| FX Fees | 0% | 0% | 0%–1.5% | 0% |
| Supported Coins | 150+ | 350+ | 200+ | 400+ |
| Savings/Yield | Up to 16% AER | Up to 14.5% | Up to 5.3% | Up to 20%+ |
| Regulation | FCA, MAS | Multiple global | FCA, ECB | Varies by region |
| Best For | Everyday crypto spending + rewards | Crypto ecosystem depth | Traditional banking + crypto | Active traders |
Wirex's key advantages over competitors are its zero FX fees, high cashback rate without requiring a massive stake (unlike Crypto.com's Obsidian card), and its dual Visa/Mastercard Principal Membership. However, for pure trading, platforms like Binance or Kraken offer lower fees and deeper liquidity.
For more detailed comparisons, see our Wirex vs Crypto.com and Wirex Card review articles.
Who Should Use Wirex?
Wirex is ideal for:
- Everyday crypto spenders — The card's zero FX fees and Cryptoback™ rewards make it excellent for regular purchases
- Travelers and digital nomads — No foreign exchange markup means spending abroad costs the same as at home
- Passive income seekers — X-Accounts with up to 16% AER on stablecoins offer attractive yields
- Cardano ecosystem users — The new Cardano Card is a unique offering for ADA holders
Wirex may not be ideal for:
- Active traders — The 0%–1.5% exchange spread is not competitive with dedicated exchanges
- Users who want desktop trading — Wirex is mobile-first with limited web functionality
- Privacy-focused users — KYC is mandatory from day one, with no anonymous access
How to Sign Up for Wirex
- Download the Wirex app from the App Store or Google Play
- Enter your email address and create a password
- Provide your home address and personal information
- Verify your phone number
- Complete KYC by uploading government-issued ID and completing a face scan
- Once verified, fund your account via bank transfer, crypto deposit, or card payment
- Order your free Wirex card and start spending
The verification process typically takes a few minutes for most users, though some may experience delays during peak periods or if additional documentation is required.
Frequently Asked Questions
Is Wirex safe and legitimate in 2026?
Yes, Wirex is a legitimate and safe platform. It holds a UK Financial Conduct Authority (FCA) e-money licence, is regulated by the Monetary Authority of Singapore (MAS), and is the only crypto-native company with Visa and Mastercard Principal Membership. The platform has operated since 2014 without a major security breach, serving over 7 million users globally.
What are Wirex's fees for trading and card use?
Wirex charges 0%–1.5% on crypto exchanges (depending on the pair and volume), zero annual card fees, zero foreign exchange fees on card purchases, and free ATM withdrawals up to $200/month on the Standard plan. Bank deposits and withdrawals via SEPA and Faster Payments are free.
How does the Wirex Cryptoback™ rewards program work?
Cryptoback™ pays up to 8% back in WXT tokens on eligible card purchases. The exact rate depends on your subscription plan — Standard offers up to 2%, Premium up to 4%, and Elite up to 8%. Rewards are deposited automatically into your WXT wallet after each qualifying transaction.
What is the Cardano Card from Wirex?
The Cardano Card is a Visa debit card launched in November 2025 through a partnership between Wirex and Emurgo (Cardano's commercial arm). It allows users to spend over 685 cryptocurrencies — including ADA — at any Visa-accepting merchant worldwide. The card is available to all Wirex users.
Can I use Wirex in the United States?
Wirex is available in 130+ countries, but availability of specific features (particularly the card) varies by region. Wirex has historically had limited availability in the US. Check the Wirex website for the most current list of supported countries.
How much can I earn on Wirex X-Accounts?
Wirex X-Accounts offer up to 16% AER on stablecoins at the Elite plan tier. Rates vary by asset and subscription level. Standard plan users can earn up to 6% AER. Interest compounds daily and is paid weekly, with no lock-up period required for the base X-Account product.
Is Wirex better than Crypto.com?
It depends on your priorities. Wirex offers higher maximum cashback (8% vs 5%), zero FX fees, and dual Visa/Mastercard support. Crypto.com offers a larger exchange with 350+ coins, a more established DeFi ecosystem, and broader global regulatory coverage. For everyday spending and rewards, Wirex is competitive. For exchange trading and DeFi, Crypto.com has the edge. See our full Wirex vs Crypto.com comparison.
What happens to my funds if Wirex goes out of business?
Because Wirex holds an FCA e-money licence, fiat customer funds are safeguarded in segregated accounts separate from the company's operational funds. Cryptocurrency holdings are stored with cold storage protocols. However, crypto assets are not protected by the UK's FSCS deposit guarantee scheme — this applies to all crypto platforms, not just Wirex.
Final Verdict
Wirex is one of the strongest all-in-one crypto spending platforms available in 2026. Its combination of a free crypto debit card with up to 8% cashback, zero FX fees, FCA regulation, and Visa/Mastercard Principal Membership makes it a standout choice for users who want to spend their crypto in daily life. The X-Accounts yield product (up to 16% AER on stablecoins) and the Cardano Card partnership add further value.
The main drawbacks are the relatively high crypto exchange spread (0%–1.5%) compared to dedicated exchanges, the mobile-first design that limits desktop users, and the fact that maximum rewards require significant WXT token commitment through the Elite plan. The mixed Trustpilot reviews around KYC delays are worth noting, though this is an industry-wide issue for regulated platforms.
Overall rating: 4.2 out of 5. Wirex excels at what it does best — making crypto spendable in everyday life with strong rewards. For active traders, pair it with a dedicated exchange like Binance or Kraken. For everyday crypto spending and earning passive yield, Wirex is one of the best options on the market.
