Wirex Payments Platform Releases New Crypto Business Accounts with MakerDAO Already Onboard
Crypto and fiat payment platform Wirex recently announced that they are launching the first ever fully regulated crypto friendly business accounts.
It currently supports both crypto and fiat payments. Additionally, users can transfer funds globally using the over the counter (OTC) rates while at the same time, send money using SEPA, Swift or blockchain according to their choices.
As of now, the product is only available on the desktop. Wirex has not set any transaction limits except for the payments limits that have already been set by the type of membership. This version supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP in cryptos. Moreover, both British pounds and euros will be available on the platform.
Dmitry Lazarichev, Wirex co-founder said:
“B2B international transactions in crypto have for too long been subject to unnecessary restrictions and high fees through existing channels. We’re launching a business account which offers all of the same great features and put a stop to the pain encountered by crypto businesses when opening an account under a legal entity name.”
More About Wirex
Wirex is an application and account that lets you remain in control of both traditional financial assets and cryptocurrencies. The company began its life as E-Coin in the form of a provider of virtual cards. Its expansion of services led to the change in name to Wirex, which took place in February 2016. The company offers a personal banking solution that is a hybrid between traditional banking and cryptocurrencies.
Wirex claims to be the first company to combine the acceptance of fiat currency with the blockchain’s flexibility and speed. There are secure wallets for Litecoin and Bitcoin with support from mobile and online applications.