What is Swipe (SXP)

Swipe or SXP (SXP/USDT – Trade it here) is a combination of a digital wallet ecosystem and a software platform. It allows users to buy and use crypto or fiat at physical or digital locations. Basic information for their token is available on the MEXC Digital asset introduction page.

How to buy SXP
What is Swipe (SXP)

How Does it Work

The Swipe Network makes use of the Ethereum Blockchain to keep crypto deposits for users and provide them with different perks. Additionally, it has an off-chain API that permits interaction with standard payment infrastructure. This enables services such as making payments to retail or merchants.

Joselito Lizarondo created Swipe back in 2018 along with a team of experts that previously worked with giants such as Samsung, Visa, Google, and Apple. Thanks to the team’s reputation, they quickly grew to be one of the prominent DeFi with great potential. Furthermore, Binance took a fancy to its service and acquire the firm back in 2020. Now, their technology supports the Binance Card, a debit card that allows users to spend cryptocurrency in the physical world.

Their main product, the Swipe Wallet, is one of the best features available on their network. It is linked to Visa debit cards and a smartphone app, delivering an experience similar to regular mobile wallets. Wallet users can receive exclusive benefits such as Bitcoin cashback and free Spotify accounts. Furthermore, they integrated their native token, SXP to provide even more features.

At the moment, they are supporting more than 135 fiat currencies in over 30 countries worldwide. They are also working on incorporating traditional finance services into DeFi. For example, they made plans to include savings accounts, credit cards, and even commercial payment processing services in their network.

Recent Price & Performance of Swipe (SXP)

SXP is the utility token for the network. Users can stake the tokens to receive benefits and rewards.

Currently, their market price is $0.2416 per unit. It has a market cap of $122,744,985 and a fully diluted market cap of $127,147,032. It also has a 24-hour trading volume of $18,241,026. You can check the live price of their token right here!

How to buy Swipe (SXP)

You can buy Swipe (SXP) on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “SXP” using the search bar to see the available trading pairs. Take SXP/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of SXP you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy SXP] to confirm your order. You will find the purchased SXP in your Spot Wallet.

You can find a detailed guide on how to buy SXP token here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok
Wilbur strives in two ecosystem – Sports and Blockchain. Hit him up now to talk about all things crypto related!