SXP crypto is a system that allows for easy exchange of fiat money on various crypto trading platforms. It functions as a digital and software platform wallet ecosystem. The mix of digital and software wallets allows users to easily use digital currency anywhere.
Swipe (SXP) is a crypto card payment infrastructure platform that aims to stabilize the economy. Through this platform, you can create a card-based fiat-funded program that enables users to easily accept both fiat and cryptocurrencies. Additionally, you can use this platform to purchase and spend both crypto and fiat assets through your connected Visa debit card and smartphone app.
What is the Swipe (SXP) Crypto Token?
Swipe SXP Crypto Coin is a utility token that primarily powers the Swipe ecosystem. The token provides users with utility and there are several incentives to use or hold SXP.
The main aspect of the Swipe coin ecosystem is its Visa debit card. This is not only the first but the only cryptocurrency debit card in the Visa network. However, users do not need to stake SXP to use the debit card service.
There are different versions of the Swipe coin debit card. Holding SXP Crypto is not a requirement, but it enables holders to qualify for higher-level cards. High-level cards come with benefits such as no foreign transaction fees for subscriptions like Netflix or Spotify, and discounts through Starbucks, Uber, Apple Music, and Airbnb.
| Crypto Name | Swipe (SXP) |
| Swipe SXP Price | $0.6841 |
| 24h Low | $0.5957 |
| 24h High | $0.736 |
| Trading Volume 24h | $716,718,406 (-10.80%) |
| Market Cap | $382,993,178 (+13.46%) |
| Market Dominance | 0.03% |
| Fully Diluted Market Cap | $382,696,227 (+13.42%) |
| All Time High | $5.8562 (+88.34%) |
| All Time Low | $0.161 (-323.95%) |
| Circulating Supply | 559,828,044 SXP |
| Total Supply | 559,307,423 SXP |
Swipe (SXP) Price Today Live
At the time of writing this article, the value of Swipe (SXP) is $0.682635 USD today, with a trading volume of $716,676,111 USD over the past 24 hours. This represents an increase of 12.73% in the last 24 hours. The live market cap of Swipe is $382,158,132 USD, with a circulating supply of 559,828,044 SXP coins.
If you’re wondering where to buy Swipe, Solar, or SSP at the current rate, top cryptocurrency exchanges for trading Swipe or Solar stock include Binance, CoinW, Bybit, Bitrue, and Bitget. These exchanges are listed on the crypto exchange pages.
Swipe SXP Price Prediction 2023, 2025, 2030, 2032
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $1.66 | $1.71 | $1.99 |
| 2024 | $2.35 | $2.43 | $2.83 |
| 2025 | $3.35 | $3.47 | $4.10 |
| 2026 | $4.77 | $4.94 | $5.78 |
| 2027 | $7.07 | $7.32 | $8.28 |
| 2028 | $10.76 | $11.05 | $12.60 |
| 2029 | $16.14 | $16.70 | $18.58 |
| 2030 | $23.83 | $24.49 | $28.22 |
| 2031 | $35.31 | $36.29 | $41.59 |
| 2032 | $50.76 | $52.21 | $61.09 |
Swipe (SXP) Price Prediction 2023
| Month | Average Price | Change |
|---|---|---|
| Jan 2023 | $0.30 | – |
| Feb 2023 | $1.61 | – |
| Mar 2023 | $0.70 | – |
| Apr 2023 | $0.70 | – |
| May 2023 | $1.49 | 113.14 % |
| Jun 2023 | $1.52 | 118.30 % |
| Jul 2023 | $1.48 | 112.75 % |
| Aug 2023 | $1.50 | 115.78 % |
| Sep 2023 | $1.49 | 114.15 % |
| Oct 2023 | $1.49 | 114.33 % |
| Nov 2023 | $1.53 | 119.01 % |
| Dec 2023 | $1.48 | 112.78 % |
How does the Swipe (SXP) coin work?
The Swipe (SXP) coin is a cryptocurrency card payment infrastructure platform that allows businesses to create, manage, and distribute branded virtual and physical cards. It can help you and your partners take advantage of licensing and banking benefits.
It is an integrated platform that manages all regulatory, compliance, and network responsibilities. The Swipe network is based on the Ethereum blockchain, giving it access to all the security and benefits of the world’s number one decentralized application (DApp) and token ecosystem.
Users can store SXP Crypto tokens in any ERC-20 compatible wallet and trade them on popular DEXs like Uniswap. Swipe coin specifically helps businesses create fiat-funded card programs, making it easy for them to accept both fiat and cryptocurrency.
Who are the founders of Swipe (SXP) Crypto?
Swipe (Solar) Network was founded in 2018 by Joselito Lizarondo and Naim Williams. Before this, Lizarondo and Williams had launched SwipeChain, which had built solar solutions by leveraging blockchain technology with the mission of providing sustainable, clean energy solutions to remote areas.
The Solar Blockchain Foundation was born in December 2021 in Estonia, when Binance acquired the remaining outstanding shares of Swipe (SXP). Its main focus is to build a blockchain ecosystem that includes open-source developers and a wealthy community.
How Secure is the Solar (SXP) Network?
The Solar crypto network is secured through a combination of proof-of-stake (PoS) consensus, multi-signature wallets, smart contracts, and decentralized architecture. Rather than competing miners to validate transactions and earn tokens, in a PoS system, you select validators based on their stake in the network. Additionally, there is a bug bounty program in place to encourage security researchers to identify and report potential vulnerabilities or exploits, which helps mitigate security issues.
What is the use of the SXP Crypto Token?
The SXP Crypto Coin is a token used for payments. It can be used to make payments at more than 60 million locations worldwide. This is possible through businesses that accept cryptocurrencies or a swipe Visa card. The SXP Coin can be transferred on both the Ethereum and Binance Chain, making it a powerful asset for peer-to-peer transactions.
In addition, there are various ways for SXP holders to obtain discounts. This includes using their tokens to cover transaction fees on the Swipe network. Even transfers made through the Swipe Wallet and Swipe Visa Card are included.
When using the Swipe Visa debit card, there is another use case. There are four different levels, with human-based incentives to hold or acquire SXP. The higher the card level, the bigger the holding.
If you hold the SXP crypto coin, cardholders can receive extra benefits, including discounts on shopping and free subscriptions to popular streaming services. Users who stake 30,000 SXP for six months will be eligible for 8% cash back on all purchases and other additional bonuses.
Staking users can also receive SXP rewards in exchange for contributing to the network’s security. Finally, SXP holders will be able to participate in network governance by creating proposals and voting on protocol changes that affect the Swipe network.
SXP Wallet and Card
The “SXP Wallet” is a mobile wallet that supports multiple assets. It includes an embedded fiat on-ramp that helps simplify your entry into the market. This crypto platform allows you to buy and store cryptocurrencies. Through the user interface, you can easily send and receive your SXP coins on a global scale. Additionally, you can integrate your SXP wallet with other popular payment platforms.
A key feature of the “SXP Card” is its cooperation with Visa. The card enables it to be accepted anywhere Visa is accepted. You can also use smart contracts to convert your crypto into fiat instantly on the PoS protocol. This network also runs an off-chain API that provides secure contact with the network.
The history of Swipe SXP
Swipe (SXP) is a profitable company headquartered in the Philippines, with operations in the United Kingdom and Estonia. It was founded by Joselito Lizarondo.
There was an interesting controversy surrounding the Swipe token. Once, Lizarondo burned all his founder tokens, which increased the demand for the token since he had more than $200 million worth of tokens. Due to his decision, over 17% of the coin’s total supply was destroyed. After this decision, the CEO of Binance praised him on Twitter.
In July 2020, the world’s top crypto exchange, Binance, acquired Swipe. During the acquisition, Binance spent an undisclosed amount. The acquisition increased confidence in Swipe’s protocol, and Binance quickly added Swipe to its markets. The uniqueness of this acquisition was that the amount spent by Binance was unknown. Due to the growing confidence in Swipe’s protocol, Binance quickly added SXP to its markets, expanding liquidity for traders.
How to Buy SXP Coin Cryptocurrency in the USA?
If you want to know how to buy Swipe (SXP) cryptocurrency, it is currently available for purchase on the following exchanges. Here is where you can buy it:
- Binance – This is one of the best exchanges for cryptocurrency, which offers the ability to buy Swipe (SXP) for citizens of Australia, Canada, Singapore, the UK, and other countries. However, residents of the United States are not allowed to buy Swipe (SXP) from here.
- KuCoin – This exchange allows the trading of cryptocurrencies with almost 300+ popular tokens. It could be a good option for purchasing new tokens. KuCoin accepts international and US residents.
- WazirX is a part of the Binance Group that ensures high-quality standards. It is one of the best exchanges for residents of India.
- Uphold is one of the top exchanges that offer a wide range of cryptocurrencies for residents of the United States and the United Kingdom. It is prohibited in Germany and the Netherlands. Uphold warns that all investments and trades are risky and can result in a loss of funds. Cryptocurrency is irregular and therefore not subject to security.
How to Store SXP Crypto Coin Tokens?
If you want to invest a large amount in ICP or plan to HODL your SXP for a long time, then a hardware wallet may be the best option for you. A hardware wallet stores your assets in “cold storage,” keeping them offline and secure from online risks. Both the Ledger Nano S and Ledger Nano X support SXP.
SXP Crypto Coin provides a comprehensive perspective that is useful for a decentralized market. Their developers have been very careful in including top-level features. Crypto Visa debit cards are becoming increasingly popular these days, and the Swipe platform offers valuable services to both sides of the economy. Users and merchants both benefit greatly from participating in the Swipe network. For these reasons, you can learn much more about SXP as you move forward.
Swipe SXP Coin FAQ
What is SXP?
SXP is the main cryptocurrency of the Swipe Network, which is a decentralized finance (DeFi) platform. It allows users to buy, sell, and make payments with cryptocurrency.
What can I do with SXP?
You can use SXP to pay transaction fees on the Swipe Network, stake SXP coins for rewards, and trade SXP on cryptocurrency exchanges.
How can I buy SXP?
You can buy SXP coins on cryptocurrency exchanges that support it, such as Binance, Huobi, and KuCoin.
How is SXP different from other cryptocurrencies?
SXP Crypto is specifically designed for use on the Swipe Network, while other cryptocurrencies may have different use cases and applications.
What is Staking?
Staking is a process of holding a certain amount of cryptocurrency in a wallet to support and earn rewards for the operation of a blockchain network.
Can I store my SXP in a hardware wallet?
Yes, you can store SXP tokens in a hardware wallet such as Ledger Nano S or Nano X, which supports SXP.
Is SXP Coin a good investment?
Investing in any cryptocurrency can be risky, so don’t forget to do your research before making any investment decision. It’s also important to consider factors such as market volatility, adoption rates, and technical developments when evaluating the investment potential of any cryptocurrency.
