What is SXP Token?

What is SXP Token?

Welcome to articles that will educate or update things. Related to the crypto industry and this time we will talk about the SXP Token.

SXP Token is

sxp is a token created and issued on the DeFi platform Swipe. It drives the network for payment of transaction fees. Holding SXP Tokens will use them to make payments with Swipe debit cards and receive special discounts on the Swie app. SXP is a utility token that runs on Ethereum. And Node, called Proof of Work, can be used in both cryptocurrencies and fiat.

What can SXP be used for?

- Used to pay fees for transactions made in the Swipe Ecosystem, such as the Swipe Card, Swipe wallet, etc.

Swipe Card is divided into two types of debit cards: Swipe Saffron and Swipe Slate.

Swipe wallet is an application of Swipe to deposit and withdraw cryptocurrencies, stablecoins and fiat.

- Used to vote and make suggestions on protocol changes in the Swipe Network.

- Used to pay at various merchants Around the world there are currently more than 60 locations available. or transfer from Binance Blockchain and Ethereum

Interesting news about SXP

- Cryptocurrencies Bitcoin has gone mainstream bridging the digital asset gap with fiat money thanks to Binace's acquisition of Swipe.

- SXP funding announced in Swip wallet, including 50% burning on funded tokens.

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