Wirex launches its native token WXT

The new token is designed to assist users to access rewards and save on fees. The Wirex Token Initial Exchange Offering (IEO) takes place on the 26th of June 2019 through OKEx’s OK Jumpstart programme. 1% of the total supply of WXT will be available for public purchase on a first-come-first-serve basis at an initial price of USD 0.01 per token.

An exclusive pre-IEO sale will take place on the Wirex platform for verified users on the 13th of June, to ensure that Wirex users don’t miss out on the token. Only USD 2 mln worth of WXT will be released for the pre-sale at a fixed price.

Funds raised through the IEO will enable Wirex to accelerate its growth whilst bringing the company closer to its ultimate goal: to democratise access to international remittance and empower retail and corporate customers to use their cryptocurrency in day-to-day life, according to the official press release.