Categories: CryptoNews

Wirex App Unifies Mobile Banking and Bitcoin On Android and iOS

Wirex, the company formerly known as E-Coin, have unveiled the mobile applications for both Android and iOS users. Existing E-Coin users can log into this application, and keep an eye on their card balance. Wirex App is accessible to users in over 130 countries around the world, and even supports both Bitcoin and fiat currency transactions from the comfort of one’s mobile device. Mobile banking meets Bitcoin within this application.

Also read: Hivemind is A Prediction Market For Bitcoin Users

Wirex App Extends Mobile Banking to Bitcoin

Similar to what users might expect from a bank-issued mobile applications, Wirex App will put the E-Coin user in full control of their funds. Not only can they top up the debit card from within the application, but transactions can be completed in both Bitcoin and fiat currency as well. In a way, this extends traditional mobile banking to the Bitcoin ecosystem.

The main objective of Wirex App is to make day-to-day financial operations more convenient for Bitcoin users. The debit card issued by E-Coin is just the first of many services to bridge the gap between traditional mobile banking and the world of Bitcoin and digital currencies. The Wirex App will play a big role in this process, as users can register a new account, store their Bitcoin, and denominate fiat currency in three different values.

Moreover, the Wirex app shows an extensive overview of past transactions and their details, while also offering a way to generate new Bitcoin addresses. Sending funds can be done through QR code, entering a Bitcoin wallet address, or just sending money to any email address. Last but not least, this app is a lot more convenient to keep track of debit card balances, and top them up whenever needed.

Related Post

Wirex and E-Coin Co-founder Dmitry Lazarichev stated:

“The Wirex app makes it easy for our users to use E-Coin cards while they are on the move. Our aim is to create products that feature blockchain technology in its core but yet extremely user-friendly. We already use our phones for so many things so why not integrate finances as well? For example, I can instantly send funds to anyone in my email list, no matter where they are in the world. The app also informs me of all transactions in real time, so if my debit card is ever compromised, I can quickly block the card straight from my phone. It’s a very convenient app for our users.”

It is important to keep in mind the release of the mobile Wirex App does not mean the rebranding from E-Coin to Wirex has been completed. The new platform is still on schedule for a full launch at some point in April of 2016. A complete explanation of what this mobile app is capable of, can be found on this blog.

Source: Press Release via Email

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

TRON Leads All Blockchains in November Fees as Perpetuals Trading Surges 271%

TRON ended November as the top blockchain by fees, extending its dominance in payment infrastructure…

1 day ago

Prediction Markets Hit New All-Time Highs as November Volume Surges to $14.3B

Prediction markets just locked in another breakout month. November closed with $14.3 billion in total…

1 day ago

Trust Wallet Launches Native Predictions: A New Era for On-Chain Betting

Trust Wallet is stepping into a completely new lane. The CZ-owned self-custody wallet has launched…

2 days ago

Kraken Acquires Backed to Supercharge Tokenized Equities as xStocks Enters Its Next Phase

Kraken has announced the acquisition of Backed, the tokenization platform behind some of the fastest-growing…

2 days ago

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live, Sparking Massive Buyer Rush

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live,…

3 days ago

Europe Takes Down Cryptomixer: A $1.4B Bitcoin Laundering Machine Falls After Eight Years

Europe just shut down one of crypto’s longest-running shadows. Germany and Switzerland, backed by Europol,…

3 days ago