Swipe (SXP): Crypto Visa Cards Meet DEFI!! 💳

0
504

🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/
🛒 Crypto .com Card $50 FREE 👉 https://guy.coinbureau.com/crypto-mco/
🛒 Get Your Swipe Card 👉 https://www.swipe.io/cards
🗻 Get The Top Deals In Crypto 👉 https://guy.coinbureau.com/deals/
📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider
🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

– TIMESTAMPS –
0:00 Intro
1:22 What is Swipe?
4:02 The Future of Swipe?
8:56 SXP Use-Cases
12:34 Swipe’s Crypto Cards
16:03 Swipe Vs Crypto.com Cards
18:35 Partnerships
19:53 Final Thoughts

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

📺 Recommended Videos 📺

► Uniswap video: https://www.youtube.com/watch?v=GREUQeHpQeQ
► All you need to know about Kava: https://www.youtube.com/watch?v=I5iPTyfitZA&t
► Chainlink price prediction: https://www.youtube.com/watch?v=EFRr6JjEZek&t

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► New Swipe whitepaper: https://www.swipe.io/Whitepaper.pdf
► Binance acquires Swipe: https://www.coindesk.com/binance-acquires-crypto-debit-card-provider-swipe-for-undisclosed-sum
► Swipe Binance research report: https://research.binance.com/en/projects/swipe
► Binance SXP listing announcement: https://www.binance.com/en/support/articles/4ef2d3389f4143c2986c685a88501939
►Binance card issued by Swipe: https://www.financemagnates.com/cryptocurrency/exchange/binance-ceo-unveils-beat-transactions-using-branded-crypto-card

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

📝 Overview 📝

Swipe has been thrust into the spotlight recently and has seen an epic price increase. However, is the hype real?

In this video, I tell you everything you need to know about the Swipe project.
❓ What Is Swipe ❓

Recently, Binance acquired the crypto card provider and listed SXP on the world’s biggest exchange. It also came out that Binance’s highly anticipated card would be issued via a whitelabel solution using Swipe.

In short, Swipe is a decentralized finance platform that aims to provide access to a plethora of crypto finance products. As things sit, there are a couple of key components of this growing ecosystem.

► Decentralized finance app: sporting a multi-crypto wallet supporting 30 coins, a fiat wallet supporting USD and GBP and an inbuilt exchange to buy or sell crypto.
► Crypto cards

So is Swipe Safe? Well, the mobile wallet has BitGo and Coinbase Custody insurance, which is good for $200 million. On top of that the app is secured by the Binance Safu fund. On top of all that, Swipe’s platform is PCI DSS Level 1 certified and smart contracts have been audited by Certik.

🔮 The Future of Swipe? 🔮

The chaps at Swipe have recently released a new whitepaper and there are a ton of new services coming to the ecosystem shortly.

► Swipe Pay: Allows merchants and customers to pay or be paid in crypto. 20 fiat currencies are planned to be supported.
► Swipe Credit: Instant overcollateralized crypto loans.

On top of that is the Swipe network. This aims to give SXP holders full control over the platform.

► Swipe governance app
► Swip Swap is an automated market making protocol
► SwipeFi allows people to borrow crypto. It is very much like Aave.
► Swipe Staking essentially collateralizes the entire Swipe network

💰 SXP Use-Cases 💰

► Governance token of the Swipe ecosystem
► Total staking rewards are set a 20,000 SXP daily
► To get access to Swipe’s premium crypto cards

When it comes to tokenomics there is going to be annual inflation of 31.6 million SXP a year. That’s a serious amount of inflation when you consider that only 66 million SXP are in circulation today.

However, there is a deflationary mechanism as well.

► 80% of all SXP fees are going to be burned until there are 100 million SXP left.

Another thing to note is that people need to stake to get those crypto cards. This takes tokens off the tradable supply and I think we know how successful that’s been for Crypto.com.

💳 Swipe’s Crypto Cards 💳

Watch my video for my overview of these cards and my comparison with Crypto.com.

🤝 Partnerships 🤝

Swipe has recently teamed up with Chainlink and Kava. I’m super interested in both of these projects and can’t wait to see how these partnerships develop.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#swipe #sxp #crypto #binance #cards #visa #mco #cro

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here