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Recovery Program for WazirX Users
• It uses the Proof-of-Work consensus Algorithm.
• It is acceptable at a wide variety of stores, both online and offline.
• SXP is the native crypto of the Swipe ecosystem.
• It has a maximum supply of around 239 million SXP coins.
Swipe ecosystem allows easy conversion of cryptocurrencies, stablecoins, and fiat currencies to one and another. The platform hosts a large number of coins and provides a range of services to its debit card users in return for staking their SXP tokens. It also offers cashback on the purchase of certain cryptocurrencies. In 2020, Swipe was undertaken by Binance and also ran a token on the Binance chain.
• There might be an influx in the price of Swipe coins as they are burned from time to time.
• Staking of SXP tokens allows for upgrades in its visa card network. It also offers premium subscriptions to users with more than 30,000 SXP staked in the network.
• SXP is available as an ERC-20 and a BEP-2 token.
Highlight
Swipe ecosystem allows easy conversion of cryptocurrencies, stablecoins, and fiat currencies to one and another. The platform hosts a large number of coins and provides a range of services to its debit card users in return for staking their SXP tokens.
1. How Can I Buy Swipe In India?
CoinSwitch App is the simplest way to buy Swipe in India. Sign up now and start investing with ₹100
2. Can I Buy Swipe Directly?
Swipe could be bought directly through Peer to Peer (P2P) trade. There is also an option for buying crypto from decentralized exchanges or from someone who holds SXP coins.
However, decentralized exchanges are complex to understand with such difficult functionalities, and it would be a worrisome task to find a trustworthy seller who can provide you the desired crypto. The reason why this is only chosen by pro traders.
If you are new to crypto, you might want to take the simplified route and Download the CoinSwitch App!
3. How to Buy Swipe Stock?
You can buy Swipe in just 4 steps on CoinSwitch:
• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Swipe.
• Click on the ‘Buy’ button.
• Enter the amount that you would like to buy Swipe for, say ₹100, and click on the ‘Preview Buy button
• Check all the details of your order and proceed by clicking ‘Buy.’
Congratulations, you just bought your first Swipe!
4. What Price To Buy Swipe (SXP)?
There is no answer to this question as most of the cryptos are still in the development phase. With even a small change, the price could increase significantly, making you regret not buying at lower prices.
Instead, you can invest small amounts periodically and balance the opportunity and risk. Start investing in Swipe for as low as ₹100
5. What Time To Buy Swipe?
There is no clock ever made that shows the best time to invest in cryptos. If you look for the prices to dip and then buy at the best prices, you are missing out on the prospective returns. It is advised to start investing from Day 1.
You can start with small amounts and use them over a period of time; however, you can always choose to invest a lump sum amount when Swipe (SXP) is available at lower prices.
6. What Platform To Buy Swipe (SXP)?
Swipe could be bought on a variety of platforms but what differs is the experience and process that can be a tiresome job. Some platforms will allow you to buy it with just a single click, while some will make it a hectic task.
The crypto apps that are available in the market are complex to use and can make your buying experience horrible; however, CoinSwitch provides complete peace of mind by allowing you to buy cryptos with ease.
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CoinSwitch is the leading crypto exchange in India. It is a mobile-only crypto exchange. CoinSwitch provides you the platform to buy and sell more than 80 coins such as BTC, ETH, MATIC, ADA, and LITE.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.