/biz/ - Business & Finance

[Anonymous No.24419011]

Biz, why are you all 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.

[Anonymous No.24419041]

>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.

[Anonymous No.24419069]

>>24419041
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.

[Anonymous No.24419093]

>>24419069
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.

[Anonymous No.24419121]

>>24419093
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.

[Anonymous No.24419150]

>>24419121
Fifth, Swipe has a very active development team. SwipeX, Venus, Initial Wallet Offerings (IWO) just to name a few.

[Anonymous No.24419182]

>>24419150
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.

[Anonymous No.24419316]

Op, why does biz hate sxp so much?

[Anonymous No.24419398]

>>24419011
fuck off retarded dumbfuck
UTK is literally better in every single way
Also this whole Crypto credit card thing is retarded as fuck and will never ammount to anything at all
People will just cash out to Dollar and then buy whatever they want

[Anonymous No.24419440]

>>24419316
Simple. Biz fomo’d in too much and got burned. SXP was doing like +20% every week for a month. It was unsustainable. But this is the past. Swipe has good fundamentals, practical use and good TA.

[Anonymous No.24419478]

>>24419398
Have you tried cashing out? Cashing out was a meme 2 years ago. Services like Swipe changed that.

[Anonymous No.24419557]

if you don't have a chunk of sxp at these prices, you're retarded.

[Anonymous No.24419700]

>>24419557
the mcap is still incredibly small. Swipe's competitor crypto.com has a mcap of 10x. And swipe has more use than CRO.

[Anonymous No.24420051]

>>24419440
Thanks for the explanation. Might buy a bag of sxp

[Anonymous No.24420087]

>>24420051
Happy to help. We're all in here to get rich together.

[Anonymous No.24420131]

>>24419011
Sorry to burst your bubble, but the Binance card uses BNB to determine your cashback level.
And there is no reason what-so-ever to get a Swipe card over the Binance card.
The SXP token lost its only use case.

[Anonymous No.24420260]

>>24420131
False. The CEO already confirmed that SXP holders will be grandfathered in and will be able to use the new high tier binance cards by staking SXP

[Anonymous No.24420402]

Confusing, could somebody explain sxp to a retard

[Anonymous No.24420429]

>>24419011
So I actually signed up ror a Swipe card last week. Half their app says I am verified, and the other half says verification is "processing." Nobody resoonds to my customer service emails and I recently changed addresses.
Any idea what I can do? The app barely works at all and I can't seem to get ahold of any customer service.

[Anonymous No.24420508]

Seriously how do I get ahold of them to tell them they're shipping the card to the wrong address? Customer service is not responding at all and half their app says "verified" but the other half says "not verified." Everything on the app seems to only halfway work, frankly

[Anonymous No.24420602]

>>24420508
My personal suggestion would be go to their telegram group. They have so many new users that the supports is flooded. Best way to ask on Telegram. You will be sent to a specific person for support

[Anonymous No.24420869]

>>24420402
Easiest way to understand it is to download the app.

Basically it's a bridge between FIAT and Crypto. You get a card that can be used in any place that accepts debit/crypto cards. You can spend your crypto with that card. The network that allows all of this is run on SXP. Every time you buy something, a little bit of SXP is burned (you don't need to own it).

But the above is just the basics. You can stake SXP for benefits like 8 percent cash back, free netflix, spotify, amazon prime, etc. You can also stake SXP on chain and get more SXP. .

[Anonymous No.24421002]

>>24420402
Here's also a comparison between the different Swipe cards

[Anonymous No.24421263]

>>24419011
looks really boolish. i'm in

[Anonymous No.24421381]

>>24421263
Good. Here's a little hint what's coming soon

[Anonymous No.24421572]

A little advice from a fellow swipe investor. This type of coordinated shilling is really fkn obvious to those who visit biz everyday and makes swipe look lame af. It will have the reverse affect. The project progress speaks for itself we don't need copy and paste conversations in biz ok

[Anonymous No.24421653]

>>24421572
I'll admit that i post about SXP every few days. But the convos aren't fake.

[Anonymous No.24422193]

>>24421572
are you saying i'm a bot? i'll fuck you up mate