What is VIRREX? Virrex.io multi-currency wallet or something more?
VIRREX is a cryptocurrency platform that allows you to store various cryptocurrencies in one place, as well as invest your funds to attract additional profits.
One of the main principles of the platform is the security of personal data and transactions within the system. All wallets and transactions are protected by a modern security protocol.
The Virrex.io multicurrency wallet is able to provide its users with a high level of security for storing funds due to the availability of:
- Two-factor authentication for logins and transactions;
- The functionality of trusted IP addresses from which transactions can be made;
- Encrypted SSL connection;
- Detailed logging of financial transactions.
Register a wallet
In addition to the service for storing and increasing cryptocurrency, the company has developed a payment module ViCASH , which allows various Internet projects/shops aimed at selling goods and/or services to carry out trading operations using cryptocurrency.
The ViCASH module provides an intuitive interface that allows you to accept payments in cryptocurrency, track transactions and keep records of them.
Also, everyone is provided with an API for integrating VIRREX solutions into their own services, thereby providing their partners with functionality implemented within the Virrex.io platform.
The API is already used by a number of companies, including network projects, stores, online casinos and other services that accept payment in BTC (bitcoin).
In addition, VIRREX acts as a reliable investment company. You can not only store your funds in wallets within the system, but also invest them at interest. An 11-level marketing plan with substantial bonuses has been implemented for active investors. More on this below.
So, to summarize, the company’s main product is the multi-currency wallet Virrex.io, the ViCASH module and API for developers are also provided, investors are offered the opportunity to open medium-term and long-term deposits, and an affiliate program has been implemented.
Wirex wallet – what is it?
The wirex wallet is a resource that can make life easier for users of the Bitcoin cryptocurrency. The project itself combines the use of fiat money and bitcoin in one account, on one wallet. With wirex, you can send and receive money, convert Bitcoin to fiat money and vice versa, and pay anywhere.
The official WIREX website is located at wirexapp.com, so to register and get a wirex account, follow there.
About the company and development plans
VIRREX does not position itself as a hype project. The company has implemented and is successfully implementing a product that is in demand on the market, which brings net profit. We have our own developers and traders.
The Virrex.io multi-currency wallet officially launched on September 14, 2017, and at the time of writing, more than 11,000 users have registered with the service.
Official representatives of the company:
Alexey Galyan
Margarita Khodorovich
The developers' plans for the near future include the following events:
- Implementation of the ability to store up to 50 altcoins on your wallet;
- Creation of an internal cryptocurrency exchange service;
- Development and publication of mobile applications;
- Issue of multicurrency debit cards;
- Launch of a mining service;
- ICO (creating your own cryptocurrency, entering the exchanges).
Today, the company is also active in the area of crypto trading. In particular, thanks to which the payment of investment interest is ensured. You can find out more about this area of the company’s activities in the VK group - https://vk.com/vitrade.
Go to the official website
Commissions at Virrex
For some currencies, withdrawal commission amounts are graded according to the speed of transaction execution in blockchain networks.
Below is a list of system fees for the most popular assets:
- Bitcoin (BTC) – 0.001 (Fast), 0.0005 (Average), 0.0001 (Slow);
- Bitcoin Cash (BCH) – 0.0001;
- Litecoin (LTC) – 0.001;
- Ethereum (ETH) – 0.005;
- Dash (DASH) – 0.01;
- Ripple (XRP) – 0.15;
- Dogecoin (DOGE) – 5.
Internal transfers within Virrex.io are commission-free.
Investing in the company and multi-currency wallet Virrex.io
As mentioned above, in addition to the service for storing cryptocurrency assets, the company provides its users with the opportunity to invest their funds at interest.
For its investors, the company has prepared a balanced program with tariffs that provide profits of 0.5%/day and above for liquid currencies and 0.17%/day for less popular altcoins.
The company is able to generate profit through work in the following areas:
- Trading on cryptocurrency exchanges (https://vk.com/vitrade);
- Participation in ICO;
- Exchange arbitrage.
In the near future, the set of these tools for attracting profit will be complemented by our own mining center.
I would like to note that the ability to invest in different cryptocurrencies is a sign that the company is really serious about the matter. No other investment company currently provides such a service on the investment project market. The low percentage of accruals is due to the fact that profits are paid from the actual work of the company, and not from the funds of newly arrived investors.
Invest
Registration with Virrex
To get inside the platform, understand the principles of operation of wallets, financial instruments and the intricacies of investments in Virrex trust management, a user registration procedure is required. To do this, fill out the form fields in the following order:
- Name;
- Surname;
- Email;
- Password;
- Repeat password.
In the same form follows Fr. By clicking the “Register” button, an email is sent to the specified email to activate your account. To enter the site, you must confirm your email.
After confirming the email address, the user will be automatically prompted to go to the site.
Virrex.io Affiliate Program
For those who are ready to become a partner of the company and actively promote its services, the organizers have developed an 11-level marketing plan, including bonus rewards for the amount of personally invested and raised funds.
Program:
Bonuses:
Supported currencies in Virrex
The platform currently supports 18 currencies:
- Bitcoin (BTC);
- Bitcoin Cash (BCH);
- Litecoin (LTC);
- Dash (DASH);
- Ripple (XRP);
- Ethereum (ETH);
- Dogecoin (DOGE);
- DigiByte (DGB);
- Monero (XMR);
- ReddCoin (RDD);
- ZCash (ZEC);
- Ethereum Classic (ETC);
- QTUM (QTUM);
- NEM (XEM);
- Stellar Lumen (XLM);
- Siacoin (SC);
- Stratis (STRAT);
- Komodo (KMD).
The current list of coins is always available in your personal account. According to the manufacturers, in the near future they plan to implement the ability to store 50 types of coins.
API on the Virrex platform
If the client of the site is the owner of his own online service that provides goods and services, then he has a unique opportunity to connect to the Wirex platform.
Thus, buyers will be able to pay for purchases with almost any of the presented cryptocurrencies.
You can enable this function through your own API key developed by the Verrex team. You can find it in your personal account in the “Collaboration through our API” column.
As the project team itself writes, the main goal of creating this service was to provide convenience for clients who run their own business using cryptocurrency funds.
Thanks to this feature, interested users have access to all electronic wallets that are presented on the Virrex.io platform.
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Career system and referral program
Naturally, the marketing system here is formed by the affiliate program , which is one of the most effective and well-directed.
This service also presents a special structure that assigns a status to the user.
There are only 11 such statuses on the platform: from a simple starter to a professional trader.
The service can assign them depending on the deposit and turnover of funds.
In addition, upon reaching a certain level, or rather the “Holder” position, users receive one-time bonuses.
The first one is $200 and then, with each subsequent rank it increases: 500, 2000, 5000, 10000, 20000 and 50000.
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Trading on Virex
The account has a “ Trade ” tab, where users independently put up their assets for exchange (something like a swap) - any available cryptocurrency can be exchanged for another.
To do this, either a pending order is created, or a ready-made one is purchased, if the parameters are suitable.
Trade offers can be filtered by appropriate functionality.
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Virrex Features
Declaring the uniqueness of the project, the creators endowed it with a lot of features:
- Possibility of internal exchanges and transfers.
- A wide range of tariff plans for investing the user’s own funds in trust management.
- 11-level referral program for receiving passive income.
- Possibility of integration with online stores as a payment system.
- Dynamic monitoring of stock quotes of the most significant crypto exchanges (Poloniex, Hitbtc, Bittrex, Bitfinex, Coinmarketcap).
Platform advantages
Virrex LLP has received official registration in the UK, where, as you can easily check, all HYIPs on the Internet are registered.
According to various sources , the cost of such registration is only €100. According to publications by the creators of Virex, this project was conceived as a safe and convenient way to store crypto assets.
Afterwards, the function of accepting payments for investment through trust management, under the guise of contracts, was implemented.
In the final stages, before the official launch of the project, management decided to also add investment activities to the site.
Thus, the company came out with quite a wide range of functionality.
Now, thanks to the referral system, having a confident client base, the company has plans for further activities for many years to come, at least investors are counting on it.
So, the main advantages of Virrex:
- A convenient multi-currency wallet that allows clients to store different types of assets;
- The company's own products, such as API keys for connecting services, ViCash.
- Investment programs that are designed for periods from 90 to 360 days and offer good returns: from 0.17% to 0.75% per day.
Here are some of the investment packages on the platform:
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Conclusions: pros and cons of Virrex
To summarize this review, we should once again focus on the strengths of the project and highlight its disadvantages.
So, the advantages of the Virrex project:
- User-friendly interface;
- Built-in exchange services;
- Support for mobile platforms;
- Possibility of transferring funds to trust management;
- Multi-level referral system;
- Interaction with international payment systems;
- Russian language support.
Weaknesses of the project: a relatively small number of supported currencies and the need for account verification. However, verification should probably not be perceived as an inconvenience. From a security point of view, this is an additional barrier for attackers.