Lower blockchain fees for external bitcoin wallet transfers?
Yes! It’s here!
With the new wallets, transactions will cost up to 6 times cheaper than ever before.
And bitcoin transfers between Wirex customers remain 100% FREE!
More and more people are investing in Bitcoin. Together with the growth of Bitcoin prices, this caused more transactions and a greater load on the blockchain. In turn, blockchain fees rose. The speed of transactions decreased. SegWit makes the bitcoin network faster and lighter.
For a technical background on SegWit visit Wirex SegWit Contingency Plan
Changes To Your Wirex Account
Please note: As part of these changes you will receive a brand new Segwit-enabled bitcoin address. When you open the app, you’ll see a new address. This is your Segwit address.
Your old bitcoin address will no longer be visible inside your account.
You can continue to receive funds from external transfers to the old address.
Your total bitcoin balance (for both the old and new address) will be displayed in your account.