Wirex

[Evidence Alpha]

How much is the fees structure to buy BTc at Wirex exactly and MisterTango ? % ? fixed fee minimum ?

 

[Martin Everson]

For MisterTango. See BTC Exchange below:

https://www.btc-exchange.com/
Remember Mistertango is nothing more than a spin off payment service created by BTC Exchange.

https://www.btc-exchange.com/about-us
For wirex I would say opaque at best.

https://wirexapp.com/fees-and-limits

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[Evidence Alpha]

BTC exchange fees are market rates similar to Bitstamp. There must be fees on top for MisterTango

The old Wirex website used to be much more dense with information and clear.

Anyway, re Wirex, by card : trading fee 1% and admistration fees tanging somewhere between 0.5% and 1%. That's quite good, considering BitPanda is 1.49% + 1.5% for card. Maybe the cheapest card exchanger atm

 

[Evidence Alpha]

Here's a comment I got from the Wirex support

You will need the Wirex EUR card in order to send external bank transfers out. But unfortunately we haven't launched our cards in your country yet.
Click to expand...

How come wire transfer withdrawals are tied to the debit card issuance ?

 

[MrGoodman]

Asked them the same question, didn't get a reply yet.

 

[Evidence Alpha]

It seems that there's no logical link, except that for the countries who cannot get the card, most services are blocked. You only get to buy crypto via card. Can't deposit or withdraw fiat by card or wire transfer. Also, the fiat and crypto options available are much more limited (for instance, no DAI). So, pretty much useless as it is

 

[MrGoodman]

I got the following reply from Wirex: Availability of cards is in no way connected to the possibility of sending and receiving international bank transfers. SEPA and SWIFT are available right now, UK Fast Transfers will be added soon.

 

[Evidence Alpha]

Weird ! I'll ask again. Thank you @Myotra have you got their email ? (I reached out on Telegram)

 

[MrGoodman]

It was from [email protected] . Please share if you receive another info from them.

 

[Evidence Alpha]

Sure. Are you in a non-EEA country ? I thought that the business accounts were out of question for non-EEA

 

[MrGoodman]

I was enquiring about a UK company with non EU residents.

 

[Evidence Alpha]

https://wirexapp.com/help/article/the-list-of-supported-countries-0027
The card seem available in the UK

 

[Debrog]

@Myotra For a UK Ltd with Non-EU Director there's no problem with Wirex ?