What is the current price of Wirex Token?
The current price of Wirex Token is $0.000542 with a 1.63% change in the last 24 hours.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Wirex Token (WXT) is the native utility token of Wirex, a London-based crypto payments company founded in 2014 that offers crypto debit cards, multi-currency accounts and stablecoin payment services. WXT powers X-tras, Wirex's rewards program: card rewards (Cryptoback) and the Savings Bonus are paid in WXT, and holding or using WXT unlocks higher reward tiers. It matters mainly to Wirex customers, because the token's usefulness is tied directly to the Wirex app and card.
Wirex's help center describes WXT as "Wirex's native token," a multi-blockchain cryptocurrency that gives customers access to exclusive crypto rewards and decentralized finance ecosystems. It exists on Stellar, where it was first issued, and on Ethereum, and a token contract is also deployed on Avalanche C-Chain. Wirex states that WXT is a utility token, not a security token.
Wirex was founded in 2014 and is headquartered in London. Its website names Pavel Matveev and Dmitry Lazarichev as co-CEOs. The company holds principal memberships with both Visa and Mastercard.
The WXT whitepaper (version 2, August 2019) introduced the token as a Stellar-based utility token issued by Wirex (Gibraltar) Limited, a wholly owned subsidiary of Wirex UK. At that time Wirex described itself as authorised as an Electronic Money Institution by the UK Financial Conduct Authority. The whitepaper also records that Wirex created Cryptoback, its crypto rewards program, in 2018. According to the help center, in 2021 80% of the total WXT supply was migrated to Ethereum to connect the token with DeFi, while the remainder stayed on Stellar.
Earn through spending Card purchases earn Cryptoback rewards paid in WXT. The reward rate depends on the user's X-tras subscription plan and tier.
Earn by holding Users with a positive WXT balance can receive a monthly Savings Bonus on their minimum monthly balance.
Unlock tiers X-tras offers Standard, Premium and Elite plans, and WXT is used within the program to reach higher benefits.
Exchange in the app Verified Wirex users can buy WXT in the app with crypto or traditional currency. The help center notes that exchanging WXT for another currency requires holding at least 300 USD worth of WXT.
The 2019 whitepaper set total supply at 10,000,000,000 WXT, allocated as 49% platform reserve, 17% team (20 to 36 month lockups), 14% R&D, 11% partnerships, 5% seed/private round and 4% public sale. It also described a plan to burn up to 25% of the platform reserve over five years. These are the original design figures; Wirex's later programs may differ, so check current official pages.
Most exchange and card tokens are tied to a trading venue. WXT is tied to a regulated payments app, and its main job is to be the currency in which everyday card rewards are paid. That gives it a clear consumer use but also makes it closely dependent on one company.
WXT is not a blockchain of its own; it is a token issued on existing networks. Cronos plays a comparable role for Crypto.com's card rewards but also powers its own chain. Nexo links its token to lending and savings tiers. Alchemy Pay and COTI focus on payment infrastructure rather than a consumer rewards program.
WXT relies on the security of the networks it is issued on: Stellar's consensus protocol, Ethereum's proof of stake and Avalanche. Balances held inside the Wirex app are custodial, so users depend on Wirex's own security and regulatory controls for those funds.
WXT is an example of a token built around a mainstream payments product, where the token is earned simply by spending with a card. Its future depends on Wirex keeping WXT at the center of its rewards program.
Verified Wirex customers can buy WXT directly in the Wirex app. Outside the app, WXT trades on centralized exchanges and on decentralized exchanges on Ethereum and Stellar. Ethereum contract: 0xa02120696c7b8fe16c09c749e4598819b2b0e915; Stellar asset issuer: GASBLVHS5FOABSDNW5SPPH3QRJYXY5JHA2AOA2QHH2FJLZBRXSG4SWXT.
Keep WXT in the Wirex app to receive X-tras benefits, or withdraw to self-custody: Ethereum WXT to an EVM wallet such as MetaMask, Stellar WXT to a Stellar wallet with a WXT trustline. Explorers: Etherscan, StellarExpert and Snowtrace.
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Read the complete paper trading guideThe current price of Wirex Token is $0.000542 with a 1.63% change in the last 24 hours.
The daily trading volume is $315,447 representing a 5.64% change in the past 24 hours.
The market capitalization of Wirex Token is $1,246,871, ranking #897 globally.
The fully diluted valuation (FDV) of Wirex Token is $5,420,000, calculated assuming the total supply of 10,000,000,000 WXT is in circulation.
Circulating: 2,300,499,975. Total: 10,000,000,000. Max: N/A.
In the last 24 hours, Wirex Token traded between a low of $0.0005284 and a high of $0.0005724.