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). $SXP is multi-chain and available on Ethereum, Binance Chain, and Binance Smart Chain. $SXP on Binance Chain and Binance Smart Chain are pegged through the protocol level. Besides, the Solar Network is launching alongside $SXP updates. Read more: https://blog.swipe.io/solar-network-launch-sxp-updates-65e93d8b078.
Why Swipe ($SXP) Unique?
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 means. 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.