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A new crypto Visa Card led to a $2 million worth of XRP on Wirex in 12 hours
Editorial Team

A new crypto Visa Debit Card has recently led to the addition of XRP as a currency that can be deposited on the card. This card issued by Wirex is available to those who live within the European Economic Area and thus to a very large population.

According to a publication from cryptodaily.com, since XRP deposits went live on the Wirex system, the company has seen over $2 million worth of XRP moved onto Wirex cards across Europe, proving that there is a thirst for XRP across Europe.

Currently, the customers base of Wirex counts 1.5 million all of whom contribute to a transaction volume of $1.7 billion.

The idea of a cryptocurrency debit card is a new concept which is becoming more and more popular due to its applicability on serving everyday needs.

According to ICOExaminer:

“Wirex cards are available as both so-called ‘virtual’ cards  – which can be used from either a traditional desktop or smartphone app – as well as a physical card. The company is currently working on an upgrade of the physical card’s facilities to accommodate contactless payments.”

Notably, Wirex unlike the majority of its competitors uses sophisticated security measures to ensure that the physical cards are as secure as they can be ultimately.

According to Wirex:

“[The card and Wirex wallet is] fully secured by Multi-Sig technology, SSL encryption and 2-Factor Authentication, your Wirex bitcoin wallet is available on desktop and mobile giving you flexible access to comprehensive cryptocurrency management.”

 

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