Avalanche Blockchain Now Accessible to 4.5M Users Across Wirex App, Wallet & Payment Ecosystem -Breaking
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Avalanche Blockchain Now Accessible to 4.5M Users Across Wirex App, Wallet & Payment EcosystemWirex is a pioneer in crypto and has now expanded its network to allow 4.5 million people to have access to the blockchain and tokens available in Wirex Wallet, the award-winning app.
Wirex is currently available in 120 countries. It has been on a mission to enable everyone to access the benefits of crypto and DeFi, and expanding support for Avalanche will accelerate progress toward this reality and further Wirex’s reputation for unparalleled user experience and technology.
Avalanche has the highest time to finality of any smart contract platform in blockchain. It’s blazing fast, affordable, and environmentally-friendly. It works with smart contract and tooling which allows developers and Ethereum users to rapidly access decentralized, high-performance apps.
Wirex has made it easier for mainstream users to use DeFi by allowing them to add support for Avalanche directly in their application. They can securely store, exchange, and send them from their smartphones. Additionally, users will be able take advantage of lower gas prices and the possibility to add customized tokens to those blockchains.
Wirex app users can purchase AVAX using their debit or credit card at competitive rates. They also have the ability to seamlessly exchange the AVAX and send it to any other wallet.
AVAX can be spent at over 61,000,000 locations worldwide by linking up to a Crypto-Enabled Debit Card. Having recently launched their popular DeFi savings product, X-Accounts, users will also be able to earn up to 20% AER interest* on AVAX, with no lock-up period, minimum holdings or monthly fees.
Pavel Matveev, CEO and Co-Founder of Wirex, commented that: “Wirex continues to innovate and build partnerships that strengthen our offerings, and the addition of Avalanche is helping to develop use-cases for the Wirex ecosystem. Avalanche’s reputation for improving blockchain’s accessibility closely aligns with Wirex’s, where we can together help to offer users of all backgrounds more choice and flexibility over how they wish to use crypto.”
Ava Labs and Wirex are both part of Avalanche Blockchain development team. Wirex has worked closely with Mastercard (NYSE) to bring this reality. Wirex was made a partner for the Mastercard Start Path crypto engagement program in 2020. Avalanche joined in that same year.
Wirex moves fast to make public the digital assets and innovation occurring on public blockchains accessible to all.
John Wu is the President of Ava Labs.
Wirex is excited about Avalanche’s expansion and we look forward to continuing collaboration with Mastercard and Wirex.”
Wirex’s arrival in the US in January enables tens of millions of crypto users in America to access these new features, as well as the Polygon, Binance Smart Chain and Fantom blockchains that launched globally on the Wirex Wallet at the same time. Wirex has announced the Avalanche Blockchain launch. Wirex intends to include multiple Avalanche tokens on their platform in the next month. This builds upon the 33 additional tokens Wirex added since May.
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