What is SXP?
Swipe (SXP) is a suite of decentralised financial services. It is a platform that looks to bridge the fiat and cryptocurrency worlds with its API that is designed to create global payment cards powered by its native SXP token. Among other things, Swipe provides cryptocurrency debit cards through its partnership with Visa. Swipe’s mobile application includes a multi-asset crypto & fiat wallet and an inbuilt crypto exchange & cross-chain functionality with Ethereum and the Binance Smart Chain. Swipes’ native token SXP has multiple uses. It is used to pay network fees on the swipe network, for subsidising payments and for governance of the network. SXP is an ERC20 token, with its integrity maintained by Ethereum’s consensus mechanism.