- Over the past month, the WXT token has surged more than 55%.
- At press time, Wirex Token (WXT) was trading at $0.008041.
- Investors are looking forward to the official launch of WPAY. Wirex launched early access to WPay in January.
The Wirex token (WXT) has experienced a significant increase in value, driven by expectations of strategic partnerships, integrations, and the imminent launch of WPAY, Wirex’s decentralized payments network.
With a focus on empowering users through self-management and seamless cryptocurrency transactions, Wirex has positioned itself at the forefront of the evolving digital financial landscape.
Wirex Extension Utility and Scope
Wirex Token (WXT) emerges as a unique multi-blockchain cryptocurrency, supporting Wirex’s X-tras rewards program and seamlessly integrating with the emerging decentralized finance (DeFi) ecosystem.
Built on the Stellar Network and Ethereum blockchain, WXT provides maximum speed, efficiency, and flexibility for users who want direct control of their assets.
Wirex customers will receive WXT as a reward for their loyalty, earn up to 4% back on purchases made using their Wirex card and earn up to 12% annually on their WXT account balance through the savings bonus feature. This incentive structure not only encourages participation on the Wirex platform, but also fosters participation in the growing DeFi landscape.
Expectations are growing as the launch of WPAY approaches.
Wirex launched early access to WPay in January of this year, and since then, the price of the Wirex token has surged more than 70%.
It’s up almost 70% since the last update. It’s fully expanded and may soon hit a new local high.
The launch of WPAY will be a huge step forward https://t.co/L870FkVjOe pic.twitter.com/4YQTF9AzaU
— Yoda (@CryptoYoddha) April 8, 2024
With the official launch of WPAY imminent, anticipation has grown among early investors and WXT holders.
Simply put, WPAY promises to revolutionize the way users interact with cryptocurrencies by providing a decentralized payment network that gives individuals self-management and direct control over their assets.
WPAY aims to provide a seamless and secure payment experience at more than 50 million merchants in more than 200 countries by leveraging Polygon CDK’s cutting-edge technology and Gateway FM’s IP delivery services. With security as our top priority, every transaction made through WPAY is seamless and secure, giving users confidence as they embrace the future of finance.
Aside from the much-anticipated official launch of WPAY, another factor behind the WXT price surge is Wirex’s attempt to tackle the dark web and money mule accounts by leveraging ZeroFox. Additionally, last month Wirex adopted Corlytics’ cutting-edge policy management solution to fuel its growth.