Swipe is a platform that looks to form a bridge between the fiat and cryptocurrency worlds with its three main existing products: the Swipe multi-asset mobile wallet, the Swipe cryptocurrency-funded debit card and the Swipe Token (SXP).
The Swipe wallet acts as the main access point to the Swipe ecosystem and can be used to store and manage a wide variety of assets — including both cryptocurrencies and fiat currencies. The wallet can also be used to manage Swipe's second product — the Swipe debit card. This debit allows users to spend their cryptocurrencies at Visa payment terminals and comes in a variety of flavors, each of which offer increasing perks and benefits.
This ecosystem is powered by the Swipe Token (SXP), which functions as the fuel for the Swipe Network, and is used for paying transaction fees. Holders of SXP tokens are eligible for exclusive discounts on the Swipe app and the token can be used for making fiat payments with the Swipe debit card.
First, Swipe has a properly functioning product, which is something most crypto projects don’t have. The app now works perfectly and allows you to buy, sell, and transfer crypto without fees.
Second, as I mentioned the ecosystem is powered by SXP. When someone uses the network, SXP gets burned. The burn rate is increasing steadily. See picture. This means more and more people are using the product.
Third, you can stake SXP for 25% APY. Not only that, SXP is one of the few projects that is true cross chain projects. It uses both Ethereum’s and Binance smart chain (BSC) chains. BSC is incredibly fast and cheap. It allows you to interact with your SXP for like 1% of what it would cost on Ethereum.
They fucked me over a few months ago. Not falling for this shit again.
Dominic Butler
Fourth, sometime soon the Swipe cards will be migrated to Binance Card Platform (BCP). Don’t worry, BCP also uses Swipe’s network and you’ll still be able to stake SXP for the benefits.
Fifth, Swipe has a very active development team. SwipeX, Venus, Initial Wallet Offerings (IWO) just to name a few.
Jaxon Hill
What APY do we get on our card stakes
Dylan Reyes
Lastly, SXP has a very good TA. It’s ATH was USD 5. It found its bottom at around USD 1. Now its price and volume are increasing. SXP is ready for a moon mission.
Because i bought the top a few months ago and lost everything
Isaiah Gutierrez
To be fair, maybe buying a coint that was doing 20% EVERY DAY was not the best idea? You bought the top, now buy the bottom. Migration to binance coming next month.
Sebastian Perry
Thanks op. Might buy a small bag
Jace Reed
My pleasure. You'll thank me in a month
Joshua Ortiz
what do you mean migration to binance?
Aiden Allen
Swipe cards will become binance cards. Binance cards will run on Swipe's network. You will also be able stake both BNB and SXP to get binance card benefits
Jeremiah Sullivan
everyone shills their own bags, that's the point of this board. I own SXP and thank OP for doing so. Are you a fucking retard?
Henry Cruz
>The burn rate is increasing steadily Burn rate hit 0. Price will follow soon enough. (Also to zero, I have to spell it out for SXP holders)