Swipe (SXP) 1,61 USD (+4,37 %) 0,00004734 BTC (-0,06 %)


Swipe (SXP)

Swipe (SXP) Price in USD, Charts, Quote, History & News
$ 1,61 USD Swipe Price in USD
0,00004734 BTC Swipe Price in BTC
Market Cap $ 171 851 000,00 USD
Volume (24h) $ 143 585 000,00 USD
Circulating Supply 65 982 752,00 SXP
Total Supply 299 969 953,00 SXP
Max Supply No Data

Chart SXP


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Swipe is a multi-asset digital wallet application and Visa debit card that enables users buy, sell, and spend various cryptocurrencies. Swipe utilizes the Ethereum blockchain to operate the Swipe Network.

Swipe uses a two-layer approach for its users to combine off-chain and on-chain function on its platform which is powered by the Swipe Token (SXP). For off-chain usage, supported cryptocurrencies can be instantly converted to fiat and used on point of sale. When the Swipe Network is activated in the platform, users receive a smart contract wallet which uses SXP directly on-chain to perform its functions. As functions are being called on the Swipe Network, 80% of those SXP fees are automatically burned creating a deflationary supply model.

Users may use SXP today in the following ways:

• Currency: When users select SXP as a funding source it may be used on the Swipe Visa card to be converted to Euros and spent at millions of merchants.
• Staking: To receive the higher tier cards, discounts, and rewards enhancements, users must stake SXP which is locked on-chain.
• Fees: If the Swipe Network is activated within the platform, users are able to use SXP towards all fees on the platform such as conversion fee and withdrawal fees

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