To kick off the holiday season, the digital payments service Wirex have Announced what the company calls its "biggest giveaway to date," paying out up to $ 1 million in Wirex Token (WXT) this Christmas through a series of daily promotions in the month of December.
The Wirex Advent Calendar campaign, which ends on December 24, aims to attract new people looking to invest in cryptocurrencies, but is also open to Wirex users around the world who can sign up, make purchases and exchange cryptocurrencies to get more. benefits during the 24-day campaign. .
Other promotions include rewards for deposits, transactions and card activations, up to 4% rewards for crypto return on all online and in-store purchases made with the Wirex card, and bonuses for purchasing certain tokens such as bitcoin, Ethereum and Dogecoin. And on the last day of the draw, users get double rewards for WXT purchases, with the possibility of receiving 100 EUR / USD in WXT for purchases of tokens worth more than 500 EUR / USD.
Commenting on Limited Time Bonuses, Wirex Co-Founder and CEO Pavel Matveev He said: "2021 has been a very successful year for Wirex, having welcomed more than 600,000 customers to our platform and made our mark in the DeFi industry with the launch of X-Accounts."
To thank its clients for their loyalty, Matveev added that the leading payments firm wants to โshow our appreciation with a month of seasonal promotions for whatever action they take and spread the joy of cryptocurrencies before what we know will be another year. hugely exciting for Wirex and our users. "
In June, the borderless payment platform launched its X-Accounts feature that allows clients to earn up to 16% interest on their funds at no cost, with the ability to withdraw funds at any time and without a minimum deposit requirement. Since then, the offering has expanded to an additional 81 countries with the company's recent launch in Vietnam, leading to more than $ 70 million being transferred to more than 68,000 independent X accounts.
See also: Wirex on Boosting Acceptance of Cryptocurrency Debit Cards Worldwide
The licensed FinTech company was also the first cryptocurrency company to provide debit cards directly to its customers through an initiative launched in 2015. In a recent interview with PYMNTS about the initiative, Matveev said there was a notable increase in usage. of cryptocurrencies among its customers. after its launch in 2014.
He also noted a growing interest among debit card companies looking to partner with cryptocurrencies that could lead to larger banks and merchants offering the disruptive payment method as part of their offerings in the future.
Related: Wirex launches Mastercard debit card for cryptocurrencies and traditional currency
In March, the company launched a multi-currency Mastercard debit card in the UK and the European Economic Area (EEA), along with a new rewards program, Wirex X-tras.
As PYMNTS reported at the time, the program is an extension of the company's rewards scheme, allowing for a new subscription upgrade where users can access X-tras, including up to a 2% encryption refund on any in-store or online purchase made through Wirex. card. The company is known to be Mastercard's first crypto-native service.
Learn more: Wirex: Mastering the Global Cryptocurrency Payment Opportunity
Today, Wirex has 4.5 million clients in 130 countries who can store, buy, exchange and sell more than 150 crypto and traditional currencies on its digital platform. The company also launched the world's first crypto reward scheme, Cryptoback, which rewards users every time they make a payment in store or online around the world using the Wirex card.
Other readings: Wirex launches multi-currency Visa Travelcard for APAC clients
The global firm also intends to increase its stablecoin offering on the platform in the coming weeks to increase trading options for its clients.
