Is swipe a good coin?

Swipe (SXP), a popular DeFi coin , climbed to its all-time high of $5.86 on 3 May 2021, according to CoinMarketCap, but its performance has been largely bearish since then. December 2021 saw the coin suffer losses, and its price declined by more than 38%, from $2.35 on 1 December to $1.45 on 17 December.

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Is swipe owned by Binance?

In July 2020, Binance acquired a majority stake in Swipe with the goal to further mainstream adoption of cryptocurrencies by bridging the gap between fiat and digital assets, notably payments and purchases in cryptocurrencies through traditional financial systems.

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How does swipe coin work?

Central to Swipe’s ecosystem is the ability for users to use the Swipe card to pay merchants. In this case, smart contracts on the network will automatically convert any cryptocurrency stored in the wallet to the needed cash payment accepted by the merchants at the point of purchase .

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