FAQ

How do I get started with Cryptocurrency with Aiwire?

The following information is for educational purposes only and does not constitute an
endorsement of this type of Cryptocurrency. Consider seeking tax and financial advice from
licensed professionals.

Aiwire makes it straightforward for you to participate in the digital economy of Cryptocurrencies.
You can buy and sell in seconds and use sales in your Aiwire balance just like you normally would
to fund transfers and pay for purchases. Currently not available for Business Accounts at this time.

Buy it. Sell it. Hold it.

Crypto, short for Cryptocurrency, is a virtual currency you can buy, sell, and securely hold in your
Aiwire account.

It can be volatile

The value of crypto can rise or fall suddenly so you can lose money just as easily as you can make
it. We recommend doing your research and considering the risks before buying. This includes
speaking to a tax and financial advice specialist.

Crypto sales can be taxable

Depending on your situation, you may need to report gains or losses from selling your crypto.

Keep your budget in mind

You can buy fractions of crypto for as little as $1 so it's easier to stick to a budget and buy what
makes sense for you.

What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that's created by cryptography. It isn’t physical and it's not issued by a central authority. It uses a decentralized network and works through a
distributed ledger technology, known as a blockchain. 

Who can buy, sell, and hold Cryptocurrencies?

Customers with personal Aiwire accounts in the US (except Hawaii). Currently not available for
business accounts.

Do I need a separate account?

No, everything you need is built into your Aiwire account. Once you agree to the crypto terms
and conditions, we’ll make sure your account info is up to date and then you’ll be able to buy
and sell crypto.

Do I need to sign up for anything?

For personal Aiwire accounts, all you need to do is confirm some account information during your
first purchase. If you don’t have a personal Aiwire account, you can apply for one during your first
purchase.

Are there any fees?

There are no fees for holding crypto in your account, but we do charge a transaction fee when
you buy, sell and exchange.

Can I use crypto to pay or send money?

For now, you can’t currently use crypto to pay or send money on Aiwire.

Can I transfer crypto into and out of Aiwire?

Currently, you can only hold the crypto that you buy on Aiwire in your account. Additionally, the
crypto in your account can be transferred to other accounts on Aiwire.

What Cryptocurrencies does Aiwire support?

Customers in the US (except Hawaii) can buy, sell, hold, and pay at checkout with the different
Cryptocurrencies on Aiwire

When are you planning on launching internationally?

Currently, buying, selling, holding, and checkout with Crypto on Aiwire is available in the US
(excluding Hawaii) and US territories. All trades must be executed in USD. We plan to expand this
service to select global markets in the future.