Crypto Report - Swipe SXP

Published:

18 Jul 2020 07:51 ET

Note, the Crypto Reports such as this one are a subset of the Market Lab Reports.

Swipe (SXP) - Swipe is a multi-asset digital wallet application and Visa debit card that enables users buy, sell, and spend various cryptocurrencies. 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.

The world's largest crypto exchange Binance aiming to achieve a level of 100% cryptocurrency transactions with fiat as an option bought this credit card company that facilitates such transactions. Swipe also got a deal today with the large crypto exchange FTX, a Crypto Derivatives Exchange by Alameda Research.

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