Wirex Card - Honest Review

Do repost and rate:

Today I received my Wirex Mastercard and decided to write review because it might not be for everyone, hovewer it it a lot better than COINBASE Visa card IMO.

And here is why I like it a lot:

  • Multi Fiat Currency support.
  • True cryptocurrency support - withdraws/ deposits/ use IRL (real time conversion to fiat).

    Supported coins are: NANO, BTC, LTC, XLM, XRP, Ether, Dai

  • Simple UI and easy to use.
  • No monthly fee for Mastercard.
  • Free Fiat Top Ups.
  • Free card delivery option.
  • Active on Twitter.

 

Bad things about it:
  • Can't send fiat back to my local card.
  • No SEPA fiat transfers thus can't be used for salary.
  • Not allowed to change email address without doing another KYC.
  • Crypto transactions usually take a lot longer than using regular crypto wallet.
  • Pretty high crypto-fiat exchange fees compared to exchanges.
  • Some users have reported issues that they are not able to transfer funds.

  • Crazy inactivity fees (didn't have this myself just sharing info).

 

Conclusion:

Wirex makes it super easy to get into cryptocurrencies which after can be sent to any exchange or service.

This card is very good for daily use and small amounts.

So far it's been working without any issues for me. ??

Regulation and Society adoption

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