Please read over the guide to find out your limits when using Wayex. The primary limits are outlined below. For a full list, read the Product Disclosure Statement on our website.
| AUD | Cryptocurrencies |
Deposit | We do not have a deposit limit. You can deposit as much AUD you like in one transfer into your Wayex wallet | We do not have a deposit limit. You can deposit as much crypto you like in one transfer from another wallet or exchange into your Wayex wallet |
Buy | N/a | Maximum amount of crypto you can buy in one transaction is $10,000 worth and there is a daily limit of $100,000 AUD. Minimum amount of crypto you can buy in one transaction is $1 AUD worth |
Sell | N/a |
|
Spend | Maximum spend per card transaction is $10,000 at any one time. | Same as AUD. You can only spend up to $10,000 AUD worth of crypto per card transaction |
Storage | We do not have any limits on the amount of AUD you can store in your Wayex wallet | You can store as many listed cryptocurrencies in your Wayex wallet. We do not have any limits on the amount of crypto you can store in your Wayex wallet |
Cashout | Maximum amount of AUD you can cash out to your bank account is $10,000 per cash out. Minimum amount of AUD you can cash out to your bank in one go is $10 | Maximum amount of crypto-to-AUD cash out you can complete in one transfer is $10,000 worth. Minimum amount of crypto-to-AUD cash out you can complete is $10 worth |
ATM withdrawal | Maximum amount of AUD you can withdraw from an ATM with your Wayex card is $1,000 per day | Maximum amount of crypto you can withdraw from an ATM is $1,000 worth of crypto per day |
More Information
Deposit
You can deposit any amount of Australian dollars in one transfer into your Wayex wallet using PayID or BSB and Account Number transfer. Please follow this guide to see how you can deposit AUD.
First time AUD deposits can take up to 12-48 hours but afterwards it will be instant.
Please only send AUD deposits from your own personal bank account to avoid being refunded. We only accept deposits from your own bank account.
You can deposit any of the cryptocurrencies we support into your Wayex wallet.
Please follow this guide to see how you can deposit crypto
Buying
You can buy a variety of coins including two stable coins in USDT and USDC. Please note that you have to deposit funds into your account first before you can buy crypto.
Please follow this guide to learn how you can buy crypto.
Note: You can buy up to $100,000 worth of crypto every 24 hours.
Spend
You can spend both crypto and AUD instantly using the Wayex card.
You can spend with either the digital or physical version of the card. Both cards are connected to the same Wayex account under your name.
Be sure to have enough funds and ensure you select the right currency before you spend to avoid any pushbacks.
Storage
You can hold cryptos and AUD in your Wayex wallet. Please do your research before you store your funds with us and if you have any questions about this, please reach out to our live chat on the website.
Transfer
You can transfer AUD from your Wayex wallet to another bank account using PayID, BSB and Account Number.
You can transfer your crypto to another crypto exchange and wallet. To learn how you can do that, please follow this guide. Be sure to choose the right currency and double check your address before sending.
Cashout
You can cash out crypto to AUD in seconds! Please follow this guide to learn how you can get your crypto from Wayex to AUD into your Australian bank account.
We hope you found this guide helpful!
If you have any questions, feedback, or if you run into any issues, then feel free to contact us in the live-chat within the app or website! Our support team is available 24/7.