WireX has introduced WireX Pay, a modular blockchain solution designed for seamless payment transactions, catering to the growing demand for decentralized financial alternatives amidst rising skepticism toward centralized systems.
Early Access and Key Features
On October 9, WireX Pay opened its early access program, enabling select users to conduct daily transactions directly from their non-custodial wallets.
Pavel Matveev, WireX’s co-founder, emphasized the impact of high-profile collapses like FTX and Celsius on investor caution. WireX Pay empowers users with full asset control through:
- Private key security
- Multi-signature functionality
- Integration with popular stablecoins (USDT, USDC, DAI)
👉 Discover how WireX Pay revolutionizes crypto payments
Onboarding Process
Users must complete a 10-step onboarding, including:
- Obtaining a non-custodial card
- Identity verification
- Linking crypto wallets
- Account funding
Global Availability and Compatibility
Currently operational in 54 countries (excluding the U.S.), WireX Pay supports:
- Ethereum blockchain transfers (gas fees apply)
- Partnerships like Mastercard’s collaboration with Mercuryo for non-custodial wallet support
FAQ Section
Q: What makes WireX Pay different from custodial services?
A: WireX Pay ensures users retain full asset control via non-custodial wallets and advanced security features.
Q: Which stablecoins are supported?
A: USDT, USDC, and DAI are currently integrated.
Q: Is WireX Pay available in the U.S.?
A: No, but it operates in 54 other countries.
👉 Explore WireX Pay’s features today
About Alexander: With 8+ years in crypto/blockchain, Alexander specializes in demystifying market trends and regulatory shifts. His analyses blend technical depth with accessibility for all investor levels.