Wirex Token (WXT) increases partnerships and integrations before the launch of WPAY
In the past month, the WXT token has increased by more than 55 percent. At press time, Wirex Token (WXT) was trading at $0.008041. Investors are looking forward to the official work of WPAY; Wirex opened early access to WPay in January.
Wirex Token (WXT) has seen a significant increase in price due to strategic partnerships, mergers and the recent launch of WPAY, Wirex's decentralized payment network.
With a focus on empowering users with self-sustaining and seamless crypto transactions, Wirex has positioned itself at the forefront of the evolving digital finance landscape.
Wirex expands utility and reach
Wirex Token (WXT) has emerged as a unique multi-blockchain cryptocurrency.
Built on both the Stellar Network and the Ethereum blockchain, WXT offers high speed, efficiency and flexibility to users who want direct control over their assets.
Wirex customers are rewarded for their loyalty with WXT, earning up to 4% cash back on purchases made using Wirex cards and up to 12% per year in their WXT checking account through the savings bonus feature. This incentive structure not only encourages engagement with the Wirex platform, but also encourages participation in the growing DeFi landscape.
The WPAY launcher is expected to be built soon.
Wirex opened access to WPay in January of this year, and the value of the Wirex Token has increased by over 70% since then.
$WXT
Since the last update we have increased to 70%. It's really expanding and may make a new local high soon.
The launch of WPAY will give it a good boost pic.twitter.com/4YQTF9AzaU
— Yoddha (@CryptoYoddha) April 8, 2024
With the official launch of WPAY, the excitement is palpable among early investors and WXT holders.
In short, WPAY promises to change the way users interact with cryptocurrencies by providing a decentralized payment network that allows users to protect themselves and directly control their assets.
Using Polygon's CDK technology and Gateway FM IP services, WPAY aims to provide an unmatched payment experience with over 50 million merchants at over 200 merchants. Security is a top priority, so every transaction through WPAY is smooth and secure, giving users confidence in their future finances.
Aside from the much-anticipated official launch of WPAY, another reason behind WXT's price hike is the tapping of Zero Fox by Wirex to address dark web and money mule accounts. Also, last month, Wirex received a policy management solution from Corelytics for development.
