SXP is a cryptocurrency that powers The Swipe Wallet . The Swipe Wallet has been designed to require Swipe Tokens SXP to perform all functions and utility of the Wallet including to use the services and to make withdraws.
Read moreWhat happened to SXP?
What Happened: Joselito Lizarondo, the founder of the cryptocurrency card payment infrastructure platform Swipe, has burned all of his SXP founder tokens worth over $200 million . Lizarondo said that the token burn was the largest in SXP history as it effectively destroyed over 17% of the coin’s supply.
Read moreIs SXP Binance coin?
The Swipe Token (SXP) is available both as an ERC-20 token (on Ethereum) and as a BEP-2 token (on the Binance Chain) .
Read moreHow 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 .
Read moreHow many SXP coins are there?
According to the software’s rules, the supply of SXP tokens is limited, meaning that there will only ever be a maximum of 300 million tokens .
Read moreWho owns SXP coin?
Binance Takes Over Swipe (SXP) On Thursday, Binance announced that it is to acquire the remaining outstanding shares of Swipe. At the time of writing, Swipe’s Visa card allows users to spend crypto at over 70 million locations worldwide.
Read moreWhat Blockchain is SXP on?
Swipe Swap includes cross-chain support for Ethereum and Binance Chain , creating a bridge which allows users to participate and utilize the decentralized application on these two blockchains. Users can convert SXP tokens from Ethereum Chain to Binance Chain without any transaction fee.
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