• Sieracki Milosz

Swipe(SXP) token was added to the CoinCasso exchange.

Good news from the CoinCasso cryptocurrency exchange. The SXP token was added in the SXP / USDT pair.

About Swipe

Swipe is a multi-asset digital wallet application and Visa debit card that enables users buy, sell, and spend various cryptocurrencies. Swipe utilizes the Ethereum blockchain to operate the Swipe Network.

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. When the Swipe Network is activated in the platform, users receive a smart contract wallet which uses SXP directly on-chain to perform its functions. As functions are being called on the Swipe Network, 80% of those SXP fees are automatically burned creating a deflationary supply model.

Users may use SXP today in the following ways:

• Currency: When users select SXP as a funding source it may be used on the Swipe Visa card to be converted to Euros and spent at millions of merchants.

• Staking: To receive the higher tier cards, discounts, and rewards enhancements, users must stake SXP which is locked on-chain.

• Fees: If the Swipe Network is activated within the platform, users are able to use SXP towards all fees on the platform such as conversion fee and withdrawal fees

SXP token - price

The SXP token went public in September 2019 and its price was just $ 0.24. However, in November of the same year, the SXP saw a significant increase and its price broke the $ 2 mark. In the following months, we observed slight fluctuations in the SXP price, ranging from $ 1 to $ 2. The upward trend in the SXP price began in July 2020. It was then that the SXP price rose from $ 0.7 to as much as $ 2.94, reaching its ATH (All Time High, all-time high).

Swipe (SXP) token - why is it worth it?

New tokens appear almost every day in the world of cryptocurrencies. Why is it worth buying SXP? This token is distinguished by technologically advanced solutions and a platform that has gained the recognition of crypto traders. Swipe supports the adoption of cryptocurrencies on a large scale. And the greater popularity of the application may translate into an increasingly higher price of the token.

CoinCasso is a cryptocurrency exchange where you can find all the top coins, including BTC, ETH, USDT, LINK and SXP. The official partner of CoinCasso is Paris Saint-Germain - one of the best sports clubs in the world. PSG has over 400 million fans globally, thanks to which CoinCasso can reach new markets globally.

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