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/biz/ - Business & Finance

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24381842 No.24381842 [Reply] [Original]

Biz why aren't you in SXP?

>What Is Swipe (SXP)?

Swipe is a platform that looks to form a bridge between the fiat and cryptocurrency worlds with its three main existing products: the Swipe multi-asset mobile wallet, the Swipe cryptocurrency-funded debit card and the Swipe Token (SXP).

The Swipe wallet acts as the main access point to the Swipe ecosystem and can be used to store and manage a wide variety of assets — including both cryptocurrencies and fiat currencies. The wallet can also be used to manage Swipe's second product — the Swipe debit card. This debit allows users to spend their cryptocurrencies at Visa payment terminals and comes in a variety of flavors, each of which offer increasing perks and benefits.

This ecosystem is powered by the Swipe Token (SXP), which functions as the fuel for the Swipe Network, and is used for paying transaction fees. Holders of SXP tokens are eligible for exclusive discounts on the Swipe app and the token can be used for making fiat payments with the Swipe debit card.

>> No.24381855
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24381855

>Why should I invest into SXP?

There are a couple of reasons:

First, Swipe has a properly functioning product, which is something most crypto projects don’t have. The app now works perfectly and allows you to buy, sell, and transfer crypto without fees.

>> No.24381877
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24381877

>>24381855
Second, as I mentioned the ecosystem is powered by SXP. When someone uses the network, SXP gets burned. The burn rate is increasing steadily. See picture. This means more and more people are using the product.

>> No.24381896
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24381896

>>24381877
Third, you can stake SXP for 25% APY. Not only that, SXP is one of the few projects that is true cross chain projects. It uses both Ethereum’s and Binance smart chain (BSC) chains. BSC is incredibly fast and cheap. It allows you to interact with your SXP for like 1% of what it would cost on Ethereum.

>> No.24381915
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24381915

>>24381896
Fourth, sometime soon the Swipe cards will be migrated to Binance Card Platform (BCP). Don’t worry, BCP also uses Swipe’s network and you’ll still be able to stake SXP for the benefits.

>> No.24381945
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24381945

>>24381915
Fifth, Swipe has a very active development team. SwipeX, Venus, Initial Wallet Offerings (IWO) just to name a few.

>> No.24381967
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24381967

>>24381945
Lastly, SXP has a very good TA. It’s ATH was USD 5. It found its bottom at around USD 1. Now its price and volume are increasing. SXP is ready for a moon mission.

>> No.24381987
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24381987

Also, there are FTX rumours

>> No.24382011

This seems too good to be true. What's the catch?

>> No.24382038

>>24382011
completely premined and only 10% in circulation

>> No.24382111

>>24382038
Rthere is 30% in circulation. Also, the CEO has confirmed that the total circulating supply will never go beyond 100mil.

>> No.24382211

>>24382011
The catch is that they dump on you every single week