London, March 8, 2022 / PRNewswire /-Wirex, the leading cryptographic platform, has partnered with DEX aggregator Paraswap to make DeFi more accessible than ever. Using Paraswap’s market-leading pricing algorithm, Wirex Wallet users will be able to seamlessly exchange multiple tokens, saving them significant money and effort.
Since its inception in 2014, Wirex has sought to break down barriers to access to crypto, blockchain, and DeFi. With the growing number of tokens and blockchains and the emergence of endless benefits and use cases, interoperability is essential to enabling the mainstream digital economy, and Paraswap’s applications can help.
As one of the most prominent DEX aggregators, Paraswap was released on Wirex Wallet, making it easy for users to exchange tokens at low cost. Finding the highest possible trading rates on various DEXs Using market-leading pricing algorithms to offer zero commission swaps between tokens, making Wirex Wallet one of the most competitive products in the field. increase.
Wylex unmanaged wallet Released in DecemberWith a vision to create one of the most user-friendly wallets in the world, the Wirex app has overwhelming success with over 4.5 million customers. Millions of users now have access to the benefits of DeFi with keyless technology using biometric access, enhanced multi-party computing technology, and an industry-leading user interface.
With the recent announcement of the addition of the popular Avalanche, Polygon, Binance Smart Chain and Fantom blockchains, the partnership with Paraswap has become even more appropriate as Wirex has sought to extend the Wirex Wallet blockchain.Thanks to cross-chain compatibility Recent integration with Celer Network’s cBridge application It complements the Paraswap partnership by allowing tokens to be exchanged between blockchains.
Pavel Matveev, Wylex CEO and Co-founder said: “For many years it was difficult for everyday users to use DeFi and crypto. We started to increase the number of wallet blockchains so that users could access more blockchains. Less crowded and transaction fees. The low and fast tokens and the partnership with Paraswap make it easy to move between them at low cost. “
Mounir Benchemled, founder of ParaSwap, said: “We hope that this integration will give our products an edge and expand the basics of DeFi into new market segments.”
Wirex has also recently partnered with uTorg to provide a user-friendly direct on-ramp for buying tokens directly on the blockchain in the wallet, with the addition of the Solana blockchain in the coming weeks.
About Wylex
Wylex Is a global digital payment platform and regulator that has set new rules in the field of digital payments. In 2015, the company developed the world’s first crypto-enabled payment card that allows users to seamlessly use crypto and traditional currencies in real life.
Wirex was created in 2014 by the CEO and co-founder Pavel Matveev And Dmitry Lazarichev identified the need to open up the esoteric world of cryptocurrencies and make digital money accessible to everyone. Wirex aims to make digital assets as easy to use as possible in everyday life by incorporating cryptocurrencies and traditional payment infrastructure integrated with cryptocurrency blockchains. Providing reliable and cost-effective services for currency transactions
With more than 4.5 million customers in 130 countries, the company offers secure accounts that allow customers to instantly and easily store, buy and exchange multiple currencies at the highest live rates in one centralized mobile app. increase. With fast and simple cryptocurrency transfer options available, you are free to use over 150 traditional cryptocurrencies in over 61 million locations around the world with your Wylex card.
Wylex continues to develop its products as the market evolves, complying with local regulations and ensuring appropriate licenses, if any. Wirex, a proven industry pioneer, launched its own native utility token, WXT, and introduced Cryptoback ™, the world’s first cryptocurrency rewards program.
Throughout 2021, the company expanded its products to provide mainstream access to DeFi to reflect the growth of the Metaverse. Beginning with the launch of the popular X-Accounts feature, which offers an unprecedented level of interest, Wirex adds DeFi weapons through the release of the unstored Wirex Wallet and partnership with the decentralized liquidity market Nereus. Continue to do.
Wylex is based on LondonHas an office Singapore, Kyiv, Dallas, Dublin When Atlanta..Above $ 5 billion With valuable transactions already processed and rapid expansion into new regions, including the United States, Wirex is in a unique position to support and facilitate mass adoption of cashless societies through creative solutions.
| wirexapp.com |
About Paraswap
Our core mission is to take DeFi space to new heights by democratizing access to deep, fast-growing liquidity.
ParaSwap provides a simple, fast and secure way to exchange tokens by pooling liquidity from many decentralized exchanges in one unique interface. This is the middleware layer that connects wallets and traders to digital assets.
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Source Wylex
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