#London #Bitcoin #UK #Wirex #Chimera Wallet

Wirex and Chimera Wallet Join Forces for Bitcoin Spending

In a significant breakthrough for cryptocurrency adoption, Wirex, a leading crypto card issuer and Banking-as-a-Service (BaaS) provider, has partnered with Chimera Wallet to facilitate Bitcoin spending at over 80 million merchants around the globe. This collaboration aims to make Bitcoin a practical option for everyday purchases, tapping into the growing demand for digital currencies in commerce.

The Benefits of the Chimera Card

The newly launched Chimera Card is designed as a Bitcoin-funded debit card, allowing users to spend their cryptocurrency effortlessly. Utilizing Wirex's robust BaaS infrastructure, the card integrates advanced features that simplify the user experience while maintaining security and control over their assets. Users can expect the following benefits from the Chimera Card:

• - Non-Custodial Card Issuance: Users retain complete control of their Bitcoin holdings with virtual and physical cards that support seamless transactions.
• - EUR and USD IBAN Accounts: Users gain access to named virtual IBANs with instant connectivity for fiat transactions across over 30 countries.
• - Unified Balance Management: The card offers real-time conversion from stablecoins to fiat at points of sale, eliminating the need for upfront funding.
• - Compliance and DeFi Yield Opportunities: With integrated yield chances on inactive balances, the card adheres to compliance regulations while maximizing financial benefits.

Daniel Rowlands, the General Manager of Onchain Finance at Wirex, emphasizes the importance of their BaaS platform, stating that it allows innovators like Chimera to focus on product development rather than navigating the complexities of payment infrastructure. This partnership showcases how easy it can be to enhance Bitcoin's usability in daily life.

Simplifying Cryptocurrency Transactions

The Chimera Card addresses the necessary nuances of Bitcoin transactions. Users can fund their card directly from their wallets using Bitcoin or the Lightning Network. Its acceptance at numerous merchants worldwide opens new avenues for Bitcoin enthusiasts wanting to use their currency without conversion hassles.

Additionally, the card is entirely self-custodial, ensuring users’ Bitcoin remains secure and under their control, eliminating commingling risks or potential losses in issuer insolvency scenarios. The integrated pricing model allows for Bitcoin-to-fiat conversions at competitive rates, with a low transaction fee of 1.5% for pre-order customers, ensuring transparency in transactions.

Travel-Friendly Features

For frequent travelers, the Chimera Card includes travel-friendly foreign exchange rates and ATM access, making it a versatile financial tool. The integration with popular touchless payment solutions like Apple Pay and Google Pay further enhances its practicality and ease of use, allowing for quick and secure transactions on the go.

Pre-Order Launch and Expectations

Pre-orders for the Chimera Card are currently open, with limited-time benefits including a permanent fee protection guarantee for early adopters. Both virtual and physical cards are expected to become available by the end of the first quarter of 2026, making it an exciting launch for cryptocurrency users.

By linking Bitcoin’s blockchain infrastructure with practical financial tools, Chimera Wallet aims to revolutionize how individuals manage and spend their digital currencies efficiently. The partnership with Wirex is a crucial step towards making Bitcoin an integral part of everyday financial transactions.

For more details on reserving your card and the ongoing innovations from Wirex and Chimera, visit Chimera Wallet's official site.

About Wirex

Wirex has positioned itself as a key player in the global payments arena. Catering to both consumers and businesses, it provides a range of card-based payment solutions alongside its banking infrastructure. Since its launch in 2014, Wirex has garnered a trusted user base of over 7 million, processing transactions exceeding $20 billion across 130 countries. As an official member of Visa and Mastercard, Wirex continues to pave the way for making cryptocurrencies spendable across the globe effortlessly.

About Chimera Wallet

Chimera Wallet represents the next generation in Bitcoin wallet technology, focusing on user-friendliness and transparency. By merging Bitcoin with real-world financial functionalities, Chimera strives to simplify everyday spending for users, ensuring a seamless experience that encourages broader adoption of cryptocurrency in daily life.