SwipeSXP
$1.31
Market/Exchange
SXP Price Prediction and Price Movement
We have seen some downward price movements over the past three months as SXP has dropped 0 percent. Though with its relatively large market capitalization, SXP maybe in the middle of a long price consolidation phase, in the case of a strong fundamentals, it would be likely that SXP may bounce back heavily and continue its next phase of upward movement. Therefore traders should spend some extra effort in researching SXP's fundamentals and still be cautious while trading this coin.
Please note that this analysis is purely base on SXP's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Swipe Price Chart
About Swipe
What Is SXP (SXP)?
Swipe is a platform that looks to form a bridge between the fiat and cryptocurrency worlds with itsAPI that is designed to create global payment cards powered by its native SXP token.
This ecosystem is powered by the SXP (SXP), which functions as the fuel for the Solar Network, and is used for paying transaction fees, and securing Solar Network through bonding and governance.
Who Are the Founders of Swipe?
Swipe was founded by Joselito Lizarondo, an early Bitcoin investor and individual with a wealth of experience in startup businesses. Lizarondo currently serves as CEO of the platform.
In July 2020, it was announced that Swipe was acquired by Binance — one of the world's leading digital asset exchanges — for an undisclosed sum.
What Makes Swipe Unique?
Swipe currently powers the world's largest digital asset exchanges, Binance and FTX, connect to the world's largest payment network, Visa, through its Swipe API.
The Swipe API enables real-time cryptocurrency to fiat conversions with just a swipe of a debit card at a point of sale or ecommerce transaction which enables Swipe to create a frictionless user-expereience for its clients. Bundled in the Swipe API is Swipe Rewards, a card-linked-offer cashback network that lets cardholders earn up to 30% back at participating retailers.
How Is the Solar Network Secured?
Solar Network utilizes a Byzantine Fault Tolerance consensus mechanism via Delegated Proof of Stake (DPoS) powered by SXP
Where Can You Buy Swipe (SXP)?
The Swipe token is currently available to trade on more than 50 different exchanges, including several of the largest and most reputable platforms — including Binance, KuCoin and Poloniex.
SXP is currently listed against a variety of cryptocurrencies, including Tether (USDT), Bitcoin (BTC) and Ethereum (ETH), as well as several fiat currencies, like Korean won (KRW), euros (EUR), and U.S. dollars (USD). For more information about purchasing cryptocurrencies with fiat, check out our comprehensive guide.