Wirex token, known as WXT listed on the Huobipro cryptocurrency
Wirex token, known as WXT listed on the Huobipro cryptocurrency exchange site on the 21st of August 2019 at two o’clock and paired with different coins on the site. The pairing of this token with Bitcoin happened the same day it listed on the site, and traders started trading using the pair. This pair is minor since it doesn’t include the US dollar, and WRX is the base currency in this pair. The site pairs the money with three other currencies from which traders can select the couple they want. Pairing with bitcoin allows traders to exchange the coins based on which the currencies they possess and the exchange rates.
Trade volumes for the WXT/BTC pair on this site last 24 hours stand at 1568474 Wirex tokens, which is a 5 percent market share. The price of one WXT is equivalent to 99*10^8 BTC in the market, traders can exchange bitcoins for the wires tokens, and they can also do the vice versa. This pair is not so popular since the trade volumes are low compared to other couples listed on the exchange platform; this means a few traders utilize them. Traders who use this pair are those who conduct online transactions and require a low fee-based transaction payment. They utilize this since the fees are small, and you can use credit cards.
Traders can convert the tokens to traditional currencies by using Visa cards and use them to conduct daily transactions. Users with bitcoins can exchange them to Wirex token then convert them to real currencies using bank transfers, making it easy to transact. Investors can buy them at a lower price and sell them at a higher price on the site and make a profit. Most users who prefer this pair consider it because of the low exchange rates and easily converted to fiat currencies. WXT does well when paired with BTC on this site compared to when paired with different cryptocurrencies.