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  • Support has been provided for both crypto payments and fiat currencies on the beta version.
  • Wirex users to transfer funds internationally with OTC rates.

A leading fiat and cryptocurrency payments platform, Wirex has released the beta version of the first ever regulated crypto -oriented business account. The new product will allow customers to register for business accounts.

Support has been provided for both crypto payments and fiat currencies. Moreover, users have the opportunity to transfer funds internationally using the over the counter (OTC) rates while at the same time, send money using SEPA, Swift or blockchain according to their preferences.

The moment the product is available on desktop version only. However, Wirex has not set any transaction limits except for the payments limits that have already been set by the type of membership. The beta version has support for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP. In addition to that, both British pounds and euros will be available on the platform.

“B2B international transactions in crypto have for too long been subject to unnecessary restrictions and high fees through existing channels,” said Wirex founder Dmitry Lazarochev. “We’re launching a business account which offers all of the same great features and put a stop to the pain encountered by crypto businesses when opening an account under a legal entity name.”