Swipe FAQ is providing other types of answers

What is the SXP network? And is there a reason it is unavailable right now?

V2 is will be going live next year.


Where can I find Swipe White page?

What are Swipes top 5 priorities right now in order of importance?

  • Swipe Savings

  • Swipe Swap

  • Venus Protocol

  • Swipe Pay

  • Swipe Corporate

  • Swipe Card (additional regions)

Would it be possible to implement a system like that into the Swipe wallet? Kind of like Celsius, where the money in your wallet accures interest weekly, and you can borrow against collateral.

Its coming with Swipe Saving.

Can You promise and guarantee the community that SXP will never be swapped for any another token and never be replaced by BNB.

Yes, this will never occur and SXP will always be its own asset.

How can I contact Swipe?

SXP Burning stopped for a Binance card promotion, I’m asking when it re-commences?

It should start after the promotion ends. It will start again in 2021 January. (Its started)

What is a non-fungible token (NFT)?

A non-fungible token (NFT) is a type of cryptographic token that represents a unique asset. NFTs are tokenized versions of digital or real-world assets. They function as verifiable proofs of authenticity and ownership within a blockchain network. NFTs are not interchangeable with each other and introduce scarcity to the digital world.

When will ACH/SEPA become available?

Whenever it is ready. No hard dates, work in progress.

What does Tier 3 KYC include?

Tier 3 is for corporates.

Anyone can you confirm that Swipe pays for Binance cash back?

Swipe get a 1% processing fee for each transaction. They pay their share to visa and for their own cost and burn the rest (30%).

Binance, FTX or every other whitelabel customer has the possibility to offer cashback but they have to pay for it. Not Swipe.

What is whale?

What is SwipeX?

SwipeX Financial (“SwipeX”). SwipeX will bring the platform and licenses of Fincofex into the Swipe product line and services offered. With the expertise of the current Swipe team, backed by Binance, SwipeX will expand the business offerings for Swipe users and ecosystem partners to further bridge commerce to cryptocurrencies globally. SwipeX will be opening its services to its clients early 2021 and provide a wide range of additional services for the b2c and b2b offerings. SwipeX services will be powered and paid by SXP, similar to the Swipe Issuing platform.

What’s the % of transaction amount burnt from binance card?

30%. So 0.3% of total amount (fees are 1%).

What is monthly SXP token release?

Monthly token release is 1.8M 1.2M is for Staking rewards and 600K for team operations (40K daily is for staking rewards and 20K for operations).

Where can I read about the new burn feature?

Etherscan → https://etherscan.io/token/0x8ce9137d39326ad0cd6491fb5cc0cba0e089b6a9?a=0x0000000000000000000000000000000000000000

Can anyone confirm this... the SXP burn is only caused by binance card transactions ?

Yes. Ignition will be next.

Would anyone tell me why it's good to have the coin burned?

The more coins are burned, the more the service of swipe is used. an inflationary system is good for the price of SXP. The FED, for example, does the opposite, they print more and more money and the dollar has less and less purchasing power. As long as the service is used by Binance and others the burn will continue. Ignition will also burn SXP.

How much Binance burn from there card fee ..?

30% fee burn SXP. For example, I speed 100 dolar I pay 100.90 dollar 90 cent is fee %30 of fee burns %70 go to swipe.

Will Slate card requirements go back to 30k when Swipe price goes back to 90c or $1?

Depends and once the SIP-7 goes live then community can decide the lock up terms.

How long does it take for help to reply in email? I sent email days ago..

Sorry for the delay, oneof the reason if the holidays month. I would suggest you to re-update your concern.

How can I see burn address ?

You can track burn from here https://etherscan.io/token/0x8ce9137d39326ad0cd6491fb5cc0cba0e089b6a9?a=0x0000000000000000000000000000000000000000

Price and burn rate is co-related, higher the SXP price means less daily token burn and vice versa.

What is ACH payment?

ACH has been implemented in USA whereas EUROPE is still waiting for SEPA.

Is there any EUR stablecoin?

No, Hopefully Venus protocol create one and then can be added to Swipe Wallet for spending.

Who can I contact to unbanme in @swipeprice?

You've to join @ banappeals and request for unban.

Does Binance card has their own customer service center or swipe takes care of them too ?

Both have own customers service.

Apple pay available in EU countries?

Not yet.

Sending BNB in BSC but it recognises the Metamask as Etherium.

Its only wrong with visualization BNB->ETH.

Where can I buy an € token?

You make a purchase and You pay with your stable coin it will convert it automatically. Fiat remains but you can't set It as funding source.

How many Swipe exchange they have and where I can buy?

You can see here our list of exchanges https://coinmarketcap.com/currencies/swipe/

Where can I send suggestion for Swipe I have suggestions?

You can give suggestions here https://community.swipe.org/

How to clear the cache in an iPhone?

Delete app & reinstall.

Is Venus protocol the mainnet for Swipe or is it separate?

It is separate. Swipe is already on mainnet since end of Aug 2020.

Do you know if there is some info being released regarding the fees after the 100 mill is achieved and all extra supply is burned?

After we reach 100M fixed supply, the fees will be distributed to stakers.

I don't know the use of SXP app. Can you tell me?

Swipe is a decentralized finance protocol that enables real time crypto to fiat conversions powered by the Swipe Network. Swipe wallet can be use, buy & sell. Store your crypto currency, fiat. Purchase online. I would suggest you to read the whitepaper.

What is nin and ssn?

National ID Number.

Swipe is ERC 20 token?

yes, erc20.

Is there any way to see my private keys to manage the wallet independently?

There is no private key in the app, Swipe is a Custody solution.

The burn will stop when we are left with 100M SXP?


Where can I know more about SXP Token?

You can read our whitepaper or check Binance research https://research.binance.com/en/projects/swipe

It does not allow me to take the photo anywhere .... the black screen does not allow me how I do it ??????

You have to give the permission to the app...go under settings app and flag the permission to take photos.

Swipe Is a native token of Ethereum?


Is there anyway to avoid 1% payment costs?!? Thats not ok

It is conversion fee from Crypto to Fiat.

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