Review on Wirex Token by David Olayide
Wirex Token
If you have an idea of what the Wirex platform is, then maybe you probably know of the Wirex Token. WXT is the first cryptocurrency token, native to the Wirex platform. The token is practically Stellar-based and it was designed to be used very extensively within the Wirex app and on other cryptocurrency platforms. I feel it is very important to take note of the fact that WXT is a utility token and not a security token. Also note thst the value of the WXT token is not linked to the performance of Wirex and is controlled by the market fluctuations that occur on secondary exchanges. When you buy WXT, it’s not like you are buying stocks or equity of Wirex.
For me I can say my experience with the platform meant that I enjoyed such features as reduced fees, exclusive merchant offers, super-charged rewards and much more. You also gain access to discount on fees, like the exchange fees, bank transfer fees, withdrawal fees, credit/debit fees. So I think you can agree with me when I say that the Wirex cryptocurrency project is indeed looking up.
WXT has a circulating supply of about 2.3 Billion WXT coins and this also comes with a total supply limit of 10 Billion coins. Huobi Global is the most active market trading the token. I really like that the token is based on the Stellar platform at least the benefits of using an already trusted crypto token can be enjoyed by all who make use of the cryptocurrency.
Anyone who is interested can make use of the project and enjoy it’s almost unlimited benefits
Pros
- WXT is a utility token
- WXT is stellar based
- Reduced transaction fees
- Discount on fees
- There are a lot of financial advantages
Cons
- NIL
