Which coin is SXP?

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.

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What 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.

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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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