The Swipe Wallet is the main product of Swipe.io. Individuals can buy, sell, and swap their cryptos to pay with fiat directly, all within the wallet's application. They can even purchase gift cards and make instant exchanges between the various cryptocurrencies available. The SWIPE token powers every single aspect of the wallet, everything from its services, withdrawals, and transaction costs.
The Swipe Wallet will enable users to have a multi-blockchain digital application with access to all of its features upon verification.
Users have access to over 20 cryptocurrencies plus a plethora of great features. According to the company's website, the Swipe Oracle allows crypto to fiat purchases at the point of sale of goods. Users who link a bank account can buy, sell, and pay with crypto. You can even make fiat-to-crypto purchases on the app, and you can also manage your Swipe card from the app.
Swipe offers a smart solution – a multi-asset wallet & debit card. The Swipe Card will be a Visa Card that enables clients to spend their cryptocurrencies with the Swipe Oracle. Users can buy and sell cryptocurrencies with a bank account using local SEPA transfers and wires.
The Visa Card is the ultimate cryptocurrency debit card; this card works like any other debit one.
The Swipe Slate Metal:
The Swipe Slate Metal is the premium card. It offers 4% back on all purchases. That's a bigger percentage than most banks in the United States, if not all of them. You need to hold a minimum of 300,000 SXP staked for 6 months to get access to the card. ATM cash access will allow you to withdraw money instantly when you need it.
The Swipe Saffron:
The Swipe Saffron card is the basic level card. It gives 1% Cash Back on all purchases, ATM cash access, no SXP staking needed. You can have either a virtual or a physical version with no foreign transaction fees.
Swipe Token is a utility token designed to be the gas and fuel for the Swipe Wallet and Swipe Card. Use your Swipe Tokens (SXP) to pay for transaction fees, network fees, spending fees, discounts and rewards enhancements, access to the Swipe Slate, and more!
I really like the branding behind this company. They have produced an excellent product. And yes they do have some tough competition, but there is room for everyone. Their product is better than what most crypto companies have achieved.
Recently SXP was listed on KuCoin which has increased the volume and liquidity greatly. There is also an ongoing giveaway at KuCoinPlay if you want to get some SXP into your own hands. There is a lot of promise with this project if they can scale it up in the future.
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