Digital payments firm Wirex released a major platform update offering new OTC and interbank rates for crypto and fiat.
From now, Wirex users in the European Economic Area (EEA) can access “unconditional access” to over-the-counter rates for cryptocurrency exchanges, as well as interbank rates for traditional currency exchanges.
The press release clarifies that the update also brings these new features to residents of the Asia-Pacific region and Canada, letting said users operate their Wirex accounts in their local fiat currency for the first time.
According to the statement on Wirex’s “Money Management” page, the platform now supports 15 fiat currencies, including newly featured ones such as the Hong Kong dollar, the Singapore Dollar and the Australian Dollar (AUD).
According to the announcement, the new platform also features a transparent fee structure.
In August 2018, Wirex was granted the third e-money license issued by U.K. regulator the Financial Conduct Authority to a crypto-related company.