Swipe (SXP) is a cryptocurrency project aiming to bridge the gap between the fiat and crypto currency worlds. Although Swipe has multiple products, the project is most prominently known for its crypto-based bank card. Additionally, Swipe’s multi-asset supported mobile wallet is also attracting attention from investors.
Swipe offers users the opportunity to use their cryptocurrencies just like fiat money. The platform’s own cryptocurrency is known as Swipe Coin. Holders of Swipe Coin not only benefit from additional commission discounts when using the crypto-based bank card but can also accumulate wealth in the form of SXP Coin.
The cryptocurrencies held in investors’ Swipe wallets can be directly used as fiat money through the bank card. Fiat money can also be held in the wallet.
What is Swipe (SXP)?
SXP Coin is at the forefront as the backbone of the Swipe network. All transactions within the network use SXP Coin as a fee. In addition to this, Swipe Coin holders can also earn extra discounts and promotions through the Swipe application. SXP Coin holders are able to shop from all Visa-supported POS devices by just owning this cryptocurrency.
SXP Coin can be purchased through Binance.
Where to Buy SXP Coin?
How exactly is SXP Coin bought? Binance emerges as the most popular platform for users in this regard. Binance‘s liquidity and security also influence investors’ preference for this platform.
- To buy SXP Coin, you first need to deposit USD balance into the exchange, or purchase a cryptocurrency that can be used instead. For this, first go to the Binance homepage, click on the “Buy Crypto” option in the upper left, and then click on the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to trade with and mark Tether, i.e., USDT, in the Coin section.
- After purchasing USDT, again preview the “Buy-Sell” option in the upper left and click on the “Classic” tab.
- In the opened section, select the USDT tab from the top right, press the search button, type SXP, and select the SXP/USDT pair that appears below.
- Then, go to the middle “BUY SXP” tab and enter the amount you want to buy.
- Enter the amount you want and complete the SXP Coin purchase by confirming the transaction.
