Swipe (SXP) and why you should buy it

[Sowik]

From the Binance Research Paper:

• Swipe is a crypto-fiat gateway that enables cryptocurrencies to be spent as fiat currencies in real time. Its mission is to "make crypto finance mainstream by connecting existing payment networks to cryptocurrencies".
  
  
• Swipe features a wallet for users to deposit, store, and withdraw their cryptocurrencies. Users are able to spend these cryptos with the Swipe Visa debit card at any place that supports Visa payments.
  
  
• Swipe also features a utility token, SXP, that can be used for paying for transaction fees, as a medium of exchange, and to receive discounts on the fees. 80% of transaction and withdrawal fees in SXP token are automatically burned on-chain.

I've been trading it the last couple of days and the profits are awesome! So easy to see if it will go down or up the recent days as a lot of money got put into it.

It is also good for long term holding.

Binance aquired Swipe. Swipe's biggest competitor is Crypto.com which is sitting currently at $3b market cap while Swipe is at $100m market cap.
Binance and Swipe's team are going to push this coin hard!

Binance is launching its own debit card and would you look at that - the coutries where it is available is the same as Swipe's.
Another reason I think it will grow is because their card is currently only available in the EU. In Q3 and Q4 2020 they will expand it to Asia & North America as well.

Swipe just introduced staking. They are also getting into DeFi. Swipe will also be partering with other exchanges that will offer staking and enchanced initial rewards.
I am almost 100% sure that Binance is gonna launch an event with Swipe and that will pump up the price a little bit for sure.

Read more about this here: https://medium.com/swipe/swipe-laun...596275975&_branch_match_id=678709835903199566

 

[Mr Positive]

Very interesting didn’t knew about this will have a look

 

[Mission IMpossible]

Thanks for the suggestion. Will definitely put it into my holdings.

 

[Myst3ry]

I was about to buy a little when I saw this and I'm already regreting not buying it.

 

[Sowik]

Well, crossed the $3 mark and hit a new ATH. Congrats to whoever bought!

 

[DJPaulyD]

I like the name of this project. I'll have to do some more research before pulling the trigger though.

Edit: After reviewing the whitepaper I gotta say I'm impressed!

 

[HustleForLife]

Another chance is coming for you guys to buy it.

 

[Kenobii]

Just buy everything you can in top 100 during the bull run.

 

[Sowik]

Swipe available in the US now! Lots of stuff will also be released.

 

[HustleForLife]

PAMP it NAO!

 

[Hubba]

Another too late?

 

[FUTUR TIM]

​

 

[HustleForLife]

Another too late?

Too late? Haha let me brief you on this.

Crypto.com $cro is the nearest competitor with $sxp.

$CRO has a $3.1B Marketcap. Swipe $SXP has about $224M and has been acquired by @binance. It would take 14X for $SXP to reach the marketcap of $CRO. If you're not loading up on $SXP, you're doing crypto wrong. Still too late?

Sxp is cz's baby. If you have missed the bullish run of bnb, don't miss sxp. It's still cheap.

 

[Sowik]

Lots of stuff to say about Swipe, better do your own research. Binance Card will be provided by Swipe and processing fees will be paid in SXP (Binance will be paying with SXP while end customer will be paying in BNB).
They also have defi application coming.
Loan system. Staking.

Also they will be announcing stuff every week in 2020.

 

[SmartDevSolutions]

From the Binance Research Paper:


I've been trading it the last couple of days and the profits are awesome! So easy to see if it will go down or up the recent days as a lot of money got put into it.

It is also good for long term holding.

Binance aquired Swipe. Swipe's biggest competitor is Crypto.com which is sitting currently at $3b market cap while Swipe is at $100m market cap.
Binance and Swipe's team are going to push this coin hard!

Binance is launching its own debit card and would you look at that - the coutries where it is available is the same as Swipe's.
Another reason I think it will grow is because their card is currently only available in the EU. In Q3 and Q4 2020 they will expand it to Asia & North America as well.

Swipe just introduced staking. They are also getting into DeFi. Swipe will also be partering with other exchanges that will offer staking and enchanced initial rewards.
I am almost 100% sure that Binance is gonna launch an event with Swipe and that will pump up the price a little bit for sure.

Read more about this here: https://medium.com/swipe/swipe-launches-network-staking-and-defi-on-binance-smart-chain-with-swipe-governance-22b607cd5bf8?source=linkShare-3b908994326c-1596275975&_branch_match_id=678709835903199566

I have about SXP around 500$ But I am not sure that it was a good idea. Because the market is overbought and there are more than 2 two factors that will not give to grow sxp. Frst one is they still haven't provided cash back for different services such as Netflix. It's still isn't work. Second, there are large competitors such as crypto dot com and Binance.

 

[Hoco]

Finally found something fun to do with the BAT Tokens I receive each month - I'm not a crypto guy, so let's see how it turns out.

 

[Sowik]

I have about SXP around 500$ But I am not sure that it was a good idea. Because the market is overbought and there are more than 2 two factors that will not give to grow sxp. Frst one is they still haven't provided cash back for different services such as Netflix. It's still isn't work. Second, there are large competitors such as crypto dot com and Binance.

I am not currently holding SXP but just for info: Binance is using Swipe's platform to issue debit cards.

 

[SmartDevSolutions]

I am not currently holding SXP but just for info: Binance is using Swipe's platform to issue debit cards.

So their capitalization should grow?