Review on Swipe by Toprak Dere
About Swipe (SXP)
Swipe (SXP) Coin is a crypto currency developed to cover the fees of Swipe Network among decentralized finance applications. Within the Swipe application, SXP trades with cryptocurrency, ETH, BTC and 50 other cryptocurrencies.
Swipe Coin has its own special Swipe wallets. Those who use these wallets and have SXP Coin balance get the backing of a well-established payment company like Visa. With over 60 million merchants accepting transactions with Visa, it is possible to make transactions using SXP Coin.
Swipe Coin's high security feature is very important. It is especially successful to be able to trade with SXP Coin to insure a crypto money. An investor with SXP Coin balance in the Swipe wallet is insured up to $ 100 million.
It is stated that if there is an attack on the balance and the crypto coins are seized, SXP Coin will definitely return 100 million dollars of the balance to the investor. In my opinion, SXP Coin, which carries the traditional insurance process decentrally to the cryptocurrency world, attracts attention in investment.
Swipe (SXP) Coin is among the cryptocurrencies with a bright future. It is a striking altcoin that carries the traditional insurance model to the cryptocurrency world and makes it cryptographic. In this respect, I think it will reach a price of $ 7 by the end of 2021. We will see what kind of image SXP Coin will have in the future.
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Pros
- Swipe (SXP) Coin offers the advantage of low cost payment in inter-wallet transfers. At the same time, the advantage of getting quick approvals is gained in SXP trading. The person with SXP Coin in their wallet has the opportunity to insure the balance amount up to $ 100 million.
- SXP Coin is suitable for storage in hardware and desktop cryptocurrency wallet types. In this respect, if it is not used in trading, it is stored offline, away from the network. It is possible to have the opportunity to fully protect the balance against attacks. It can be used as a payment tool in many areas through Visa. SXP Coin gives its owners the advantage of generating passive income. Anyone who is afraid of the risky area can lock SXP Coin in their wallet to earn additional SXP Coins.
Cons
- Swipe (SXP) Coin disadvantage exposed in staking. It offers a lower return on passive income than offered by DOT and other staking cryptocurrencies. You can earn income by locking SXP Coin in the wallet, but the coin earnings at the end of the period are lower than the staking earnings of other cryptocurrencies.
