Debunking Cryptocurrency Myths

Now that we almost familiarized ourselves with the basics of cryptocurrency, the Swipe team would like to shed light on the most common misconceptions about it.In this article, we aim to discuss the reasons why these myths exist and correct the common tales behind them.1. Cryptocurrency is A SCAMNOT. We have to set this record straight once and for all. Cryptocurrencies are the digital counterpart of physical currencies. The only difference is this kind is purely virtual, meaning it doesn’t physically exist. Instead of going through any central authority (bank), it runs in a blockchain, a digital ledger that lets users safely and easily transact and store cryptocurrencies.So why do people think that it is a scam? It is because of the bad players who try to take advantage of this new technology. A lot of new and naïve crypto investors fall into Ponzi-type schemes that promise huge investment returns at a little or no risk at all.Scammers will also try to lure people in making them believe they offer related services in return for crypto payment. The concept of cryptocurrency is to make the current financial transactions easier, which is why some fall for this bait. These types of investments and services should be viewed skeptically. If there are people who are trying to scam you of your money, there will also be people who will try to scam you of your cryptocurrencies. But this doesn’t mean that money and cryptocurrencies are a scam.In cryptocurrency, there is no central authority to re-check the user’s transactions. In cryptocurrency, there is no central authority to re-check the user’s transactions. Users must be responsible enough when managing their crypto assets and activities.2. It is NOT SAFEAGAIN WRONG. Cryptocurrencies are safe unless people expose themselves to illicit transactions. Remember, even the most successful businesses get highjacked, so what is the possibility that cryptocurrencies will be immune to it?Most of the cryptocurrency transactions run in a blockchain, a digital ledger that uses cryptographic measures to process and transactions, making it more likely impossible to be compromised. However, this doesn’t mean that your cryptocurrencies are totally immune to hacking and phishing.Some users choose to manage their cryptocurrencies themselves, but there is also a number who rely on exchanges or digital wallets run by different parties. When using devices and software such as mobile applications to manage crypto funds, one must make sure that their device is free from any malware and viruses and that they set strong passwords for wallets and accounts that deal with their cryptocurrency funds. Remember, cryptocurrency transactions are irreversible, so one must make sure that their devices and applications are virus-free and secured.But how can the users prevent this from happening? Prior to purchasing cryptocurrency, do proper research on which exchange and digital wallets are perfect for their lifestyle. Check if the company is properly regulated and compliant with the existing laws.Swipe Wallet carries numerous licenses around the world. At present, it has a Virtual Currency Wallet License, and Virtual Currency to Fiat Exchange License issued both in Estonia covering the European Economic Area.Aside from this, setting up a strong password and enabling two-factor authentication (if applicable) are strongly recommended. This adds an extra layer of security to your software, making it less prone to any cyberattacks.3. It DOESN’T HAVE A VALUETHERE IS. In fact, as of writing, one Bitcoin is priced at $9,096.37, which you can spend and convert any time through the use of your digital wallets. Cryptocurrencies offer a faster way of receiving and sending money through the use of blockchain technology, a better alternative to the usual bank remittances people do. It actually works like fiat currencies, only that cryptocurrencies are decentralized and not run by any central or governing authority.Skeptics don’t believe in cryptocurrency because they think it doesn’t have any intrinsic value just because of its digital nature, and it is not backed up or supported by anything (government or central authority).So, why the prices go high even if some people say it doesn’t have any value? Simple explanation: though cryptocurrencies are prone to volatility, remember it has a finite supply. As more demand for crypto supply increases, its prices go higher. This shows that cryptocurrency users have trust in the system, giving it more value. Proving that you always don’t need to see it physically in order to believe in it.A good cryptocurrency user must realize that due to the relatively new concept or market of cryptocurrency, it is prone to a lot of constant gains and losses. When acquiring these, one must have an open mind that the prices may increase and decrease anytime. Having a diverse investment portfolio (not just in cryptocurrency) helps to reduce the risk of huge losses.4. Cryptocurrency SUPPORTS Illegal ActivitiesDEFINITELY WRONG. This is one of the biggest myths that surround the cryptocurrency industry. The reason behind this is the misconception that cryptocurrency transactions are entirely anonymous, making people believe that it was made for illicit activities.Most cryptocurrency transactions are traceable through the public address shown in the blockchain. However, it is only limited to the amount and address, not the identity of the sender. This concept made bad entities try to abuse the latest technology discovery. But this doesn’t mean that tracking their details is a difficult task.Bitcoin, Ethereum and other digital currencies, and wallets implement their own ways to track transactions through a KYC or Know Your Customer service without asking too much of personal information than most of the normal banks do.5. Funds are EASILY STOLENYES and NO. How so? There is a big possibility of funds getting stolen if the users will not practice precautionary measures when managing their cryptocurrencies. Even in fiat currencies, if people will just leave their money somewhere unsafe or in shady institutions, it will be prone to theft.As a general rule, having tight security measures on a chosen crypto trading platform and wallet will help lessen any tendency of experiencing unfortunate events. Users have to make sure they are only dealing with reputable trading platforms and wallets. There are a lot of users who fell victim to fake wallets. To avoid making this big mistake, ALWAYS do a background check and don’t just trust what search engines show right away.People who are not careful enough to make security actions and discern any fraudulent sites will be prone to having their cryptocurrencies stolen. Cryptocurrency transactions are irreversible, and if you fell into these traps, your money will be long gone for good. Remember: everything is digital in Bitcoin. People must be extra cautious in making transactions as there are a lot of bad people who are evil enough that will try to steal your hard-earned money.Wherever people go, there will always be bad players who will try to find ways to outsmart people. These myths sprouted because there are people who are victimized by scammers. It is important to stay vigilant and do proper research before making necessary transactions to avoid fraud. There are no shortcuts to success. No matter how advanced the technology is, nothing beats the decisions made by a responsible and critical consumer.Debunking Cryptocurrency Myths was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Bitcoin Pizza Day Story

Today marks the 10th year of the much-celebrated Bitcoin Pizza Day when a hungry man Laszlo Hanyecz from Florida bought two boxes Papa John’s Pizza for 10,000 Bitcoins (BTC).Back then, Bitcoin doesn’t have that much value (than it has today obviously) as the concept of cryptocurrency was just introduced a little over a year. So, it was relatively a good deal.In his 2010 post on an online forum Hanyecz stated:I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.If you’re interested please let me know and we can work out a deal.Thanks,LaszloHanyecz’s transaction was a milestone in the adoption of Bitcoin in everyday transactions. It was not just about the idea that today’s BTC value is way higher than it was ten years ago. It was because that pizza transaction became the first Bitcoin deal in history and opened the possibilities of its spending power in the world.For the following years, Bitcoin has surely grown a lot in terms of value and usability. A lot of other kinds of cryptocurrency emerged, all with the same idea of revolutionizing payments and its mass acceptance across the world.In his interview with Anderson Cooper in 2019, he thought that the idea of trading something out of his digital currency was a “cool thing.”“I honestly thought it would be really cool if I could say, ‘Hey, I just traded this, you know, open-source internet money for a real-world good,” Hanyecz during his interview at 60 Minutes.At present, one BTC is worth $9,000 USD, making the 10,000 BTC equivalent to over 91M USD. A VERY significant value increase compared to its price $41 USD price ten years ago. Who would have thought that his cool idea became a door to a lot of opportunities in the crypto world today?Now does anyone wants a box or two of pizza? Happy Bitcoin Pizza Day!Bitcoin Pizza Day Story was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Truth Behind Bitcoin

Last May 16, J.K. Rowling the popular author of the all-time bestseller series, Harry Potter, tweeted her followers asking to help her understand Bitcoin.How can we explain Bitcoin to someone with zero knowledge of it easily?Truth to be told, when I first encountered Bitcoin a few years ago, I wasn’t very much invested in the idea of it. I thought it was too technical, and it would be better to leave for the IT experts to enjoy its full features.In our first two blog articles, we talked about cryptocurrencies in general, and how to secure these using cryptocurrency wallets. These two blogs are really helpful, especially those who are not yet familiar with cryptocurrencies.Bitcoin in General(See Bitcoin history here.)Tracing back our history, people before didn’t need any central authority to pay or trade for something. Instead, they use gold or existing valuable possession in exchange for the things that they wanted. This is the basic ideology of Bitcoin. To be able to do transactions fast and easy again anytime and anywhere without any central authority through the use of modern technology.Without getting too technical, Bitcoin solves the current difficulty of making financial transactions. At present, monetary transactions involve a third party (bank) and it comes along, most of the time, with exorbitant service fees. To put it simply, the peer-to-peer transaction is possible with the use of Bitcoin as people don’t need any central authority to confirm and verify their own monetary transactions.Bitcoin transactions run in a blockchain, a decentralized ledger run by a peer-to-peer (P2P) network that processes and stores cryptocurrency transactions. Blockchain solves the digital transaction problems or double-spending that people are very afraid to encounter. Transactions within the blockchain use a special algorithm system that is stored in a “block” and linking or “chaining” them together after, thus making these records nearly impossible to get altered or change.This technology makes Bitcoin transactions secure as each blockchain network have the same set of records of the entire blockchain data. It will be almost close to impossible to manipulate the system, as it requires the hacker to alter all the millions of blocks connected in the network, or else the other networks will reject his or her attempt as it doesn’t match with the existing records in the chain.Bitcoin transactions can be viewed by everyone, as it has transparent ledger or blockchain, through a bitcoin address without revealing any of your identity and who is the person behind these transactions.Bitcoin SupplyWhat makes Bitcoin unique is the fact that it only has a finite supply of 21 million. Unlike fiat currencies that can be printed out by the government anytime, Bitcoin’s prearranged supply makes technically scarce.Bitcoin was first launched in 2009 and had a block subsidy of 50 BTC. In November 2012, the first Bitcoin halving commenced and reduced the 50 BTC subsidy to 25 BTC. It further dropped on the second halving in 2016 by 12.5 BTC per block. Recently, last May 12 of this year, people witnessed the third halving where BTC is further reduced to 6.25 per block.Bitcoin halving, a pre-programmed event where the number of Bitcoin rewards per block is literally halved or divided by two, usually happens every four years. There are many theories as to why it was programmatically designed in such way. Nevertheless, this unique scarcity makes it more valuable as the more it becomes rare, the demand for it goes higher so does its price.Where can I Spend Bitcoin?Though the price of Bitcoin in the market is very volatile due to its relatively new system, Bitcoin is as good as your local currency which can be converted anytime. There are also a growing number of merchants and business who are embracing Bitcoin payments.How to get a Bitcoin? There are a lot of free cryptocurrency wallets available in the market today. These wallets will help you generate your first Bitcoin address, which you can use for transactions. Some of these have instant Bitcoin to local currency exchanges, and also offer debit card services linked to their wallet, making it easier to spend.Cryptocurrency wallets like Swipe offer a multi-asset digital wallet solution that supports Bitcoin together with other cryptocurrencies. Upon verification, Swipe users can buy, sell, and spend cryptocurrencies, including Bitcoin, within the app. It also has a Swipe Visa Card linked to its platform and has existing partnerships with Apple, Samsung, and Google Play, making it conveniently accessible for users across the world.Swipe users can also enjoy up to five percent cashback paid in BTC as Swipe acknowledges the big role that Bitcoin played in the cryptocurrency industry.Bitcoins paved the way for easier financial management. Through this discovery, people realized that there is a possibility of managing their own funds without going through any authorities to validate their transactions. Lastly, since this is a digital currency with no physical existence, people can find new solutions to further strengthen its security and accessibility. In time, people will realize the need for financial security upgrades on fiat currencies through the example given by the growth and expansion of Bitcoin and other cryptocurrencies.How about you? How will you explain Bitcoin to peers who don’t understand it?The Truth Behind Bitcoin was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Bi-Weekly Update #4

As the world struggles to fight off the coronavirus, the Swipe team tries to, in a way, ease the weight of its users by offering services and activities that will help its users access their cryptocurrencies smoothly and easily, even at the comfort of their very own home! Swipe has also again launched another Twitter giveaway event giving away $10,000 in Bitcoins!Twitter ContestSwipe recently announced on Twitter another giveaway contest where 100 selected random participants can win $100 worth of Bitcoins (BTC), giving away a total of $ 10,000 BTC.Users must simply follow Swipe and our Chief Executive Officer Joselito Lizarondo on Twitter, like the contest tweet, and retweet and tag three friends to join the contest. Ten winners will be announced every week on the Twitter page.Waived Card FeesStill valid until the end of May, all Swipe Visa card services are free! No membership fee, annual fee, card order fee, and shipping fee will be charged for the users who will avail of these services. Order now and spend your cryptocurrencies and earn up to 5% cashback in BTC.Learn with Swipe ProjectPart of Swipe’s initiative is to educate its future and existing users of anything and everything about crypto. Last week, Swipe launched its “Learn with Swipe: Your Essential Guide to Cryptocurrencies and Financial Technology” blog project. Through this blog project, Swipe aims to share with its potential and existing users the knowledge and ideas about cryptocurrency and financial technology.On its first and second blog posts, the team discussed what cryptocurrency is and the importance of owning a cryptocurrency wallet. Check out the future blog posts to learn more about cryptocurrency!Swipe Wallet app v1.37 updateSwipe has released an updated version of its mobile wallet application. The Swipe v1.37 version has fixed bug issues, enhanced the cryptocurrency charts, added banknote with a dollar sign and crypto sub-menus, and upgraded the credit card funding.Download the updated version here: http://sw.pe/AppStay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe Bi-Weekly Update #4 was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Your Guide to Cryptocurrenc...

In order to use cryptocurrencies, a potential user must have a cryptocurrency wallet. But what is a cryptocurrency wallet? What role does it play in securing your cryptocurrencies?A cryptocurrency wallet, to put it simply, is a digital medium used to buy, send, receive and spend digital currencies, such as Bitcoin and any other supported altcoins or tokens. Users can view their cryptocurrency balances and make transactions using a cryptocurrency wallet.How Does it Work?Note that since cryptocurrencies are virtual currencies that runs on the blockchain, wallets are created not to contain or store cryptocurrencies but to act as a medium for the user to interact within the blockchain. A wallet generates and holds both private and public keys that allows users to access their cryptocurrencies conveniently.Confused?Imagine a vault. Storage vault helps secure things conveniently and securely. The same goes for a cryptocurrency wallet. It acts as a storage of both private and public keys, which are needed for any cryptocurrency transactions.Each wallet gives its users a unique account number more popularly known as a wallet address. A public key is used to generate a unique wallet address. Wallet addresses are simplified versions of public keys and a combination of randomly generated upper and lowercase letters, and numbers. Just like normal bank accounts, a wallet address can be shared with other people to receive cryptocurrencies.Sample of a BTC Address:1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNaPrivate keys, on the other hand, serves as the password or verification code of the user’s cryptocurrency transactions. It gives users access to the actual funds they have on the blockchain. Unlike public keys which can be shared publicly, private keys MUST ALWAYS be kept safely by the user. So, if the user unlucky losses his public key or address, it can always be retrieved given that he still has the private key.Cryptocurrency wallets let users view their existing balances and move cryptocurrency funds (such as buying and selling cryptocurrencies) on the blockchain system using these keys. A public key is only tied to one private key, meaning only the user can verify the transactions within his or her wallet.Types of Cryptocurrency WalletWallets can be classified into two categories: hot wallets and cold wallets. A hot wallet is a wallet connected to the internet while cold wallets are not. Under these categories are various cryptocurrency wallet types, namely, paper wallets, hardware wallets, and software wallets.Selecting a specific type of wallet depends on the needs of each individual as every wallet has different functions and features. Some wallets are made for only a single cryptocurrency, while some offer more than one coin or altcoins.Paper WalletsPaper wallets are cold wallets wherein public and private keys are printed out in a sheet of paper (usually in a QR code form). This is not connected to any servers, and the only way to access it is to enter the key into any software wallet or scan the QR code. Open source services are available online to create the keys locally on your computer or device. This means that the data is not sent over the internet, leaving it safe and secure (considering that your device is virus-free and malware-free). Since these wallets are printed out, users must keep it carefully to avoid any theft by losing it.Hardware WalletsHardware wallets are dedicated electronic devices (like USB) that stores a user’s private and public keys. It uses a Random Number Generator (RNG) to generate public and private keys. Users need to plug-in their device in any computer or laptop with an installed program that lets users do transactions.Software WalletsThis kind of wallet comes in three different forms, namely, web, desktop, and mobile wallets. The similarity with these forms is they are all connected to the internet.Web WalletWeb wallets allow users to access blockchains through the use of any web browser without installing anything. Though they are more convenient to access, it can be vulnerable to hacking attacks and theft.Desktop WalletDesktop wallets are downloaded and installed on a specific computer or laptop. It gives users full control over their keys and funds. Ensuring that the computer is free from any viruses or malware before and during the wallet is installed helps remove the possibility of any malicious hacking attempts.It is important to regularly backup the desktop wallet and private keys in order to access this wallet in case the computer or laptop in which the wallet is installed malfunctioned.Mobile WalletLike its desktop counterpart, a mobile wallet runs in a smartphone using a mobile application. These are considered more convenient than the desktop wallet as it can technically be used anywhere and everywhere with the use of the mobile phone.Most of the coins or tokens available in the market have their own wallet. In the case of Swipe Token (SXP), it has its very own Swipe Wallet app which runs on the Ethereum blockchain. The Swipe Wallet application supports multiple types of cryptocurrencies where users can buy, send, and spend it instantly within the app.Having a cryptocurrency wallet is an essential part of managing cryptocurrency funds. By using a wallet, users can easily send and receive cryptocurrency funds. On which kind of wallet is safe to use, it really depends on the needs of each individual. Each type of wallet has a unique function which is why it is important to identify your needs before getting a specific type of wallet.Your Guide to Cryptocurrency Wallets was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Understand Cryptocurrencies...

Crypto enthusiasts witnessed the third Bitcoin halving this May 12 at 6.25 BTC per block. Bitcoin is the most wide-known type of cryptocurrency present today, being the first successful digital currency ever built.But what is cryptocurrency? What role does it play in the advancement of financial technology? In this article, we will explain briefly cryptocurrency to guide beginners who are just new to the industry.Cryptocurrency, in layman’s term, is a form of digital currency or virtual money. Even if they are a form of currency, it doesn’t physically exist.Most cryptocurrency transactions run in blockchain technology, a recordkeeping technology or ledger that uses a network of computers to store a record of transactions such as date, time and amount, etc. Timestamps are added at the end of previous timestamps, thus, creating a “chain-like” flow making these records nearly impossible to get altered or change. This technology helps users confirm their cryptocurrency transactions without going through any central authority, making it decentralized and theoretically immune to government interference or manipulation.Brief HistoryThe idea of cryptocurrency has long existed since the 1980s but it was only in 2008 when a person or a team under the name Satoshi Nakamoto published a paper titled, “Bitcoin: A Peer-to-Peer Electronic Cash System” it was fully realized.In the paper, Nakamoto emphasized two important ideas: “peer-to-peer transactions” and “digital currency.” Nakamoto found a way to make the digital currency transaction without going to any central authority — using cryptography and blockchain technology to make the transactions efficient and secure.Kinds of CryptocurrenciesSince the introduction of Bitcoin in 2008, thousands of cryptocurrencies emerged and each has its own specific function. At present, there are over 2,000 reported number of cryptocurrencies available. These thousands of cryptocurrencies fall under three categories: Bitcoins, Altcoins, and Tokens.Bitcoin is the cryptocurrency that started the success of all the cryptocurrency available today. It runs on its own blockchain, with each transaction happens directly between users calling it a “peer-to-peer network.” This technology that Bitcoin introduced, paved the way to the success of the succeeding cryptocurrencies available in the market today.Altcoins or “alternative” coins to be exact pertains to any coins other than Bitcoin. Like Bitcoin, these coins run its own blockchain network and operates separately and differently from Bitcoin.Some of these coins run a very different use compared to Bitcoin. In the case of Ethereum (ETH), it is designed not to be used as a digital currency but to fuel the transactions for creating applications on its own blockchain. As stated on its website, in Ethereum, “you can write code that controls digital value, runs exactly as programmed, and is accessible anywhere in the world.”The third type of cryptocurrency is called Tokens. Unlike Bitcoin or Altcoin, Tokens do not have their own blockchain. Instead, they rely on using existing blockchains such as Ethereum or NEO.Some developers create their own tokens to be used in their decentralized applications. In the case of Swipe, the Swipe Wallet and its native token Swipe Token (SXP) are tied and built into the Ethereum blockchain using its Wallet Smart Contracts and Time Lock Contracts that are open-sourced and available on its GitHub page.So, what is the best cryptocurrency available to use? The answer to this question is really subjective as the choice depends on each user and their specific needs.Why Use Cryptocurrencies?Simple. Thanks to this modern discovery, people will have a better option for managing, sending, and investing their own funds.Financial institutions take time to validate international settlements, and it usually comes with hefty transaction fees. Imagine a life where you can use, send, spend, or manage your money without going through the tedious process of going through any banks or any authority to do these transactions. Wouldn’t it be easier? That’s what cryptocurrency aims to bring on the table. Cryptocurrencies work around the traditional system with the use of blockchain technology.Understand Cryptocurrencies the Easy Way was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe April 2020 Updates

This month, Swipe focused on the need of the users to have a seamless and, as much as possible, contactless transactions worldwide. Swipe joins the community in aiming to lessen the people’s exposure to the global pandemic COVID-19 by providing solutions to its users.Swipe also continues to provide excellent service through partnership activities and giveaway events to its community.Swipe SpotlightSwipe recently launched the “Swipe Spotlight” program aiming to either list or highlight a new or existing coin/token on the platform. Users will be able to enjoy a 0% fee for using the selected coin/token on the Swipe platform compared to the normal charge of 1% for buying, selling and spending cryptocurrencies and 4.5% for debit card or credit card and Apple Pay purchases.Users will benefit from receiving no fees on these purchases in a form of rebate after 30 days.Swipe Visa Cards Contactless NFC UpdateSwipe announced this April that it increased the limits for its PIN-less NFC tap payments. The company acknowledges the current need to limit the people-to-people transactions to avoid the possibility of acquiring the COVID-19 disease. The limits for physical payments are €50 per payment with a daily limit of €150.SXP Deflationary Supply ModelThis month, Swipe explained the deflationary model its implements called “tokenomics.” Swipe Token (SXP) has a 300,000,000 fixed supply programmatically designed to become lower over time due to the nature of the protocol. The total SXP supply is designed to decrease, as more demand and use in the protocol happens within the Swipe user base and community.In the Swipe Network, 80% of transaction fees that flow through its protocol get automatically destroyed by a smart contract that has been audited and verified by CertiK. 20% of those transaction fees remain in the protocol for Swipe, and in the future, this 20% will be for the validators, as network fees they earn when they validate the transactions of the network.Swipe plans to upgrade the protocol into a DAO where users can vote on protocol changes. More details on the Swipe v2 protocol will be released via a revised Swipe Network whitepaper soon.Swipe Spotlight: TRXSwipe Wallet verified users are now able to use TRON (TRX) on the Swipe platform. Users can buy TRX with a linked bank account in the UK and EU with SEPA transfer or wire funds via SWIFT. TRX may also be purchased with a verified Visa or MasterCard debit or credit card and Apple Pay.TRX was also selected as April’s Swipe Spotlight coin. This means that Swipe users were able to enjoy buying, selling and spending TRX without any fees for the whole month of April.Twitter GiveawaySwipe continues to give back to its users as it has recently announced the 10 lucky users on its recent twitter giveaway. Winners received $100 in Bitcoin (BTC) through Swipe’s Twitter Giveaway Event in celebration of its May 1st announcement.Earn cash back in Bitcoin (BTC) via Swipe Visa CardSwipe Visa card users in the United Kingdom and 28 countries* in Europe can now earn their cash back in Bitcoin (BTC). Swipe Visa card users can also enjoy converting their cryptocurrencies to Euros, spend Euros and earn crypto, use Google Pay, and use Visa Paywave NFC tap payments.ARK and USDC integration on Swipe WalletSwipe has listed ARK and USD Coin (USDC) on the Swipe Wallet platform. Swipe users can now buy and sell these cryptocurrencies via their linked bank account or cards, spend it to fiat using Swipe Visa, and exchange these coins instantly with all the supported coins in the Swipe Wallet platform.Swipe Token available at Vision Crypto App and VCC ExchangeSwipe announced that its native token Swipe Token (SXP) is now available at Vision Crypto App and VCC Exchange.Vision and VCC Exchange users can now start adding SXP on their portfolio and wallet and start trading SXP/BTC, respectively.BQ.Net x Swipe TokenSwipe Token (SXP) is now officially listed for trading at BQ.Net (Bitsdaq). Users of BQ.Net can now make SXP deposits and withdrawals and trade with SXP/BTC pair on the platform.Users are now able to deposit SXP to Bittrex Global immediately and trade with SXP/BTC Pair.Waived Swipe Visa Card Fee this MayIn celebration of the Bitcoin Halving, all Swipe Visa Cards will be free for the entire month of May. No membership fee, annual fee, card order fee, and shipping fee will be charged for the users who will avail of these services.Spend crypto and earn up to 5% cashback in Bitcoin.Swipe Launches Samsung Pay for Swipe Visa CardholdersSwipe Wallet Android users can now add their Swipe Visa Debit cards directly to their Samsung Pay Wallets. Samsung Pay gives Swipe Visa cardholders access to a secure and fast way to pay with their smartphones, smartwatches, and other Samsung Pay-enabled devices. With this integration and relationship with Samsung, cardholders can enjoy these benefits instantly and use their cryptocurrencies at over 50 million locations worldwide.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe April 2020 Updates was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Launches Samsung Pay ...

Swipe Wallet is proud to announce that starting today, Swipe Android users can now add their Swipe Visa Debit cards directly to their Samsung Pay Wallets. Swipe is excited to partner with its issuing bank and to collaborate with Samsung to release this new product to bridge the gap in spending cryptocurrencies to fiat currencies.The Swipe Card is a Visa debit card funded by cryptocurrencies such as Bitcoin for Euros to be spent anywhere Visa is accepted. Swipe has previously launched support for Google Pay and now adds to Samsung Pay to broaden the reach of accessibility for Swipe users.Samsung Pay gives Swipe Visa cardholders access to a secure and fast way to pay with their smartphones, smartwatches, and other Samsung Pay-enabled devices. With this integration and relationship with Samsung, cardholders can enjoy these benefits instantly and use their cryptocurrencies at over 50 million locations worldwide.Cardholders in the United Kingdom and European Union countries which include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovenia, Slovakia, Spain, and Sweden are able to utilize Samsung Pay, in addition to Google Pay, giving Swipe the first multi-national digital wallet approach for both Samsung Pay and Google Pay on a wide number of cryptocurrencies.Joselito Lizarondo, Chief Executive Officer of Swipe stated, “We are excited to bring Samsung Pay to our cardholders.” This integration and relationship with Samsung will open cryptocurrency adoption and make transactions with our Visa card in Euros converted by crypto seamless. Given the current COVID-19 situation, and people steering away from physical products like cash and in some instances cards, a digital solution really helps put our client’s needs first.”About SwipeSwipe is a multi-asset digital wallet and Visa debit card platform designed to let users buy, sell, and spend their cryptocurrencies. Swipe is headquartered in the Philippines with operations in the United Kingdom and Estonia that service European users. The Swipe platform enables users to spend cryptocurrencies in real-time without having to manually convert the transactions prior. Users can also buy/sell cryptocurrencies with their linked bank accounts globally. Follow Swipe on Twitter, Facebook, Instagram, and Medium blog to get the latest news and updates.Your Swipe Visa Card and Account will be issued by Contis Financial Services Ltd who is authorized by the Financial Conduct Authority to issue e-money (Firm Reference Number: 900025) and is a member of Visa.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe Launches Samsung Pay for Swipe Visa Cardholders was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

What You Need to Know about...

Sometime in May of this year, Bitcoin (BTC) is expected to have its “third halving” at block 630,000.What is Bitcoin halving and what are its implications in the industry?For starters, Bitcoin halving is a pre-programmed event where the number of Bitcoin rewards per block will be literally halved or divided by two. Meaning the present block reward of 12.5 BTC is expected to drop to 6.25 BTC per block.Each block is a permanent store of records. It is composed of records of all recent transactions in the Bitcoin network. A block is more likely compared to a ledger or a record book, and each time a block transaction is completed, it gives way to another block, thus “chaining” them together and creating a decentralized ledger.As of writing, the current blocks mined are around 626,344 The third halving is expected to take place around the middle of May, between 12th to the 24th of May, when the network hits its 630,000th block.Bitcoin was first launched in 2009 and had a block subsidy of 50 BTC. In November 2012, the first Bitcoin halving commenced and reduced the 50 BTC subsidy to 25 BTC. It further dropped on the second halving in 2016 by 12.5 BTC per block.Why does Bitcoin cut its block subsidy by half?Bitcoin has a total fixed supply of 21 million. At present, almost 18.3 million bitcoins were minted. This means that the number of bitcoins found per block will be scarcer, and doing a Bitcoin halving reward ensures that the total supply will reach 21 million in time. To moderate the rate of the issuance of new bitcoins, it reduces the amount of subsidy into 50% every 210,000 blocks, which happen every four years.With this halving, the miners or the nodes that maintain the bitcoin network will create fewer new Bitcoins. This doesn’t necessarily mean that the miners’ revenue will be reduced by half. Though it doesn’t rule out this possibility, the reduction refers to the number of BTC produced and not the value of BTC measured by fiat currencies.But why bitcoin investors are excited about the upcoming third halving?State-issued currencies rely on tough political and economic processes. Their amount and value depend on the economic growth and stability. This is totally different from Bitcoin, which already has an amount and inflation supply schedule that is definite and fixed.The prearranged number and schedule of BTC in the market is the unique factor of Bitcoins. This makes BTC technically scarce. Its current price and function influence its market value. Though the amount of BTC entering the system will be reduced, the demand might possibly stay the same or even higher, thus resulting in the probability of a BTC price increase. There is also the possibility of new market entrants, which might create more demand for buying BTC.No one knows what’s about to happen after the third Bitcoin halving. As the event draws closer, BTC might be more scarce. The value of BTC is volatile around and after the Bitcoin halving. A price increase after the halving is also not a total conclusion, though the previous two halving in 2012 and 2016 proved to have a significant increase in BTC prices.There are a lot of speculations on how this third halving would affect the BTC price as many believe that this upcoming event will still lead to an eventual increase in BTC. Thus, more earnings for its users. Another way users can earn BTC is through the Swipe Visa card rewards program available for users across Europe.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletWhat You Need to Know about Bitcoin Halving was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Bi-Weekly Update #3

The first two weeks of April landed new partnerships, programs, and integrations for the Swipe Wallet platform. To generate more awareness about Swipe, the team has been very active in promoting its services to the public and even giving away special prizes to lucky participants who joined the program.Send Crypto with iMessage GloballySwipe Wallet iOS users can now send cryptocurrencies directly via iMessage. This announcement of Swipe came after the recent fiat inflation happening across the world.To use this option, Swipe Wallet users can simply go directly to their iMessage and tap on the Swipe Widget to get started.Swipe Visa Cards Contactless NFC UpdateSwipe has increased the limits for its PIN-less NFC taps payments. As Swipe tries to help raise health awareness and to limit the possible exposure of its users to COVID-19, it has increased these limits so users do not have to touch keypads and just have to tap their cards. The limits for physical payments are €50 per payment with a daily limit of €150.SXP Deflationary Supply ModelThe Swipe Token (SXP) has implemented and deployed a deflationary supply model “tokenomics,” a different model compared to most traditional cryptocurrencies use in the market today.SXP follows a deflationary supply model. SXP has a 300,000,000 fixed supply programmatically designed to become lower over time due to the nature of the protocol. This means that the total SXP supply is designed to decrease as more demand and use in the protocol happens within the Swipe user base and community. In the Swipe Network, 80% of transaction fees that flow through its protocol get automatically destroyed by a smart contract that has been audited and verified by CertiK. 20% of those transaction fees remain in the protocol for Swipe, and in the future, this 20% will be for the validators as network fees they earn when they validate the transactions of the network. With this system, the total supply of SXP becomes lower as time progresses and the use of system increases.Swipe plans to upgrade the protocol into a DAO where users can vote on protocol changes. One change lined up on the launch of Swipe v2 will be the total supply cap. More details on the Swipe v2 protocol will be released via a revised Swipe Network whitepaper soon.Swipe Spotlight Coin: Tron TRXTRON (TRX) is the latest coin to join Swipe’s “Swipe Spotlight.” The Swipe spotlight program gives users a first-hand view of all the Swipe platform benefits and a specific coin with 0% fees.TRON (TRX) is running on the TRON blockchain, one of the largest blockchain-based operating system in the world. It is the official digital currency of Tron Foundation, which aims to build a decentralized internet and create a global free entertainment content system that utilizes the blockchain technology.Swipe Wallet verified users will be able to use the TRX through the Swipe platform. Users can buy TRX with a linked bank account in the UK and EU with SEPA transfer or wire funds via SWIFT. TRX may also be purchased with a verified Visa or MasterCard debit or credit card and Apple Pay. All of these features have NO FEES.Swipe Visa Cardholders can benefit by spending TRX to Euros at point-of-sale using the Swipe Network conversion system. That means if the Cardholder, in the United Kingdom and 27 other European Union countries, wants to buy coffee with TRX, all they need to do is enable the “Funding Source” to TRX in the App and just “swipe” their card. Swipe’s backend system will do the heavy lifting for its users to convert it to Euros so that the merchant gets paid immediately.Twitter GiveawaySwipe has announced the 100 lucky users on its recent twitter giveaway. Winners received $100 in Bitcoin (BTC) through Swipe’s Twitter Giveaway Event.On its recent Twitter post, Swipe is again giving away $1,000 worth of Bitcoins (BTC) to 10 lucky winners in celebration of its May 1st special announcement. To join, participants must like the pinned message on Swipe’s Twitter page, retweet the pinned message with #Swipe and Tag three friends.Earn cash back in Bitcoin (BTC) via Swipe Visa CardSwipe Visa card users in the United Kingdom and 28 countries* in Europe can now earn their cash back in Bitcoins (BTC). Swipe Visa card users can also enjoy converting their cryptocurrencies to Euros, spend Euros and earn crypto, use Google Pay, and use Visa Paywave NFC tap payments.*Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, & U.KARK and USDC integration on Swipe WalletSwipe has listed ARK and USD Coin (USDC) on the Swipe Wallet platform. Swipe users can now buy and sell these cryptocurrencies via their linked bank account or cards, spend it to fiat using Swipe Visa, and exchange these coins instantly with all the supported coins in the Swipe Wallet platform.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe Bi-Weekly Update #3 was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Spotlight Coin: Tron TRX

On Friday, Swipe has announced the latest coin to join our program called: Swipe Spotlight. Swipe spotlight gives our users a first hand view of all the benefits of our platform and a specific coin with 0% fees.TRON (TRX) is running on the TRON blockchain, one of the largest blockchain-based operating system in the world. It is the official digital currency of Tron Foundation, which aims to build a decentralized internet and create a global free entertainment content system that utilizes the blockchain technology.Swipe Wallet verified users will be able to use TRX through the Swipe platform. Users can buy TRX with a linked bank account in the UK and EU with SEPA transfer or wire funds via SWIFT. TRX may also be purchased with a verified Visa or MasterCard debit or credit card and Apple Pay. All of these features have no fees!Swipe Visa Cardholders can benefit by spending TRX to Euros at point-of-sale using our Swipe Network conversion system. That means if the Cardholder, in the United Kingdom and 27 other European Union countries, wants to buy coffee with TRX, all they need to do is enable the “Funding Source” to TRX in the App and just “swipe” their card. Our backend system will do the heavy lifting for our users to convert it to Euros so that the merchant gets paid immediately.Joselito Lizarondo, Swipe’s CEO, stated, “We are thrilled to list Tron TRX on our platform and ecosystem to give users access to a top cryptocurrency! Users will benefit from 0% in fees with our rebate to really help users in this time of need. They can buy, sell, and pay with TRX all with our Swipe Wallet and Swipe Visa Card.”TRON (TRX) is listed at over 70 exchanges worldwide. As of writing, it is currently priced at $0.013513 USD with a market cap of $901,101,808 USD, as stated at CoinMarketCap. TRX also has a total supply of 99,281,283,754 TRX with a circulating supply of 66,682,072,191 TRX.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe Spotlight Coin: Tron TRX was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

SXP Implements Deflationary...

SXP Deflationary Supply ModelThe Swipe Token (SXP) has implemented and deployed a deflationary supply model “tokenomics,” a different model compared to most traditional cryptocurrencies use in the market today.Coins like Ether and EOS have an infinite inflation model, meaning, in their current state, there is a number of new coins hitting the market every year with no cap designed to result in endless inflation over time. Bitcoin also has inflation, but with a total fixed supply of 21 million. That means the rate of new coins that hit the market will decrease every four years in half until all 21 million coins are mined, which makes the total supply of Bitcoin 21 million forever (minus the ones that have been lost).Swipe Token (SXP) is different and follows what you call a “deflationary supply model”. SXP has a 300,000,000 fixed supply which is programmatically designed to become lower over time due to the nature of the protocol. This means that the total SXP supply is designed to decrease as more demand and use in the protocol happens within the Swipe user base and community. In the Swipe Network, 80% of transaction fees that flow through its protocol get automatically destroyed by a smart contract that has been audited and verified by CertiK. 20% of those transaction fees remain in the protocol for Swipe, and in the future, this 20% will be for the validators, as network fees they earn when they validate the transactions of the network.With this system, the total supply of SXP becomes lower as time progresses and the use of system increases. Now the next question that comes to mind is: what’s the balance between this system to ensure that the supply doesn’t run out?Swipe plans to upgrade the protocol into a DAO where users can vote on protocol changes. One change lined up on the launch of Swipe v2 will be the total supply cap. The proposal will ensure that the total fixed supply will never be lower than 100,000,000. Once this supply hits the protocol, it will no longer be destroying SXP as part of the fee process, and all fees collected by the network will be distributed to validators.More details on the Swipe v2 protocol will be released via a revised Swipe Network whitepaper soon.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSXP Implements Deflationary Supply Model was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Visa Cards Contactles...

Swipe is pleased to announce that we have increased the limits for PIN-less NFC tap payments. As we try to limit the exposure of the global pandemic Swipe has increased these limits so users do not have to touch a keypad and they just have to tap their cards. The limits for physical payments are €50 per payment and daily limit of €150.Your Swipe Account & Visa Card will be issued by Contis Financial Services Ltd who is authorised by the Financial Conduct Authority to issue e-money (Firm Reference Number: 900025) and is a principal member of Visa. Please note the Visa card is an electronic money product and although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe Visa Cards Contactless NFC Update was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Introducing Swipe Spotlight

Swipe is thrilled to announce our all new coin program called: Swipe Spotlight.Swipe Spotlight is a program we have launched to either list a new coin/token on our platform or highlight an existing coin/token that is already on our platform for our users. By doing so, we will give users information about the coin and will also be doing something very special for those users, given this global pandemic, whom want to buy, sell, or spend with the spotlight coin/token.These coins/tokens will enjoy 0% fees for using them on our platform. As a company, we typically charge 1% fee for buy, sell, and spends on any supported coin/token, as well as, charge 4.5% fees for debit card, credit card, or Apple Pay purchases. Users will benefit from receiving no fees on this purchase in the form of a rebate after 30 days.Swipe will be announcing a Swipe Spotlight project atleast once a month starting with Friday April 3, 2020.Spotlight Rules:This offer is launched by Swipe and has the sole discretion cancel or modify this offer at any time.Spotlights are available for 30 days and paid in the form of fiat rebate after 30 days.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletIntroducing Swipe Spotlight was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe March 2020 Updates

Swipe keeps its promise to continue its mission on bringing cryptocurrency to mass adoption. Despite the recent global events that affected most of us, Swipe’s year-long giveaway campaign plans and partnerships are still on a roll.Free Fiat in Transactions for Swipe Wallet Verified UsersThe Swipe team understands the needs of each of its users. In these challenging times, the team wishes to at least ease out the current situation by removing all fiat in fees for all verified users. Swipe verified users can now top up their Swipe Wallet account with USD, EUR, GBP, and more for free!$DAI Now Available on SwipeOn March 21, through its social media pages, Swipe announced the launch of the DAI in the Swipe Wallet application. Swipe users can now able to buy and spend DAI directly from the application.Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) pegged to maintain a value of $1.00 USD. According to its website, DAI’s stability is unmediated by any central party, and its solvency does not rely on any trusted counterparties. All circulating Dai are generated from Maker Vaults and are backed by a surplus of collateral assets.Twitter Giveaway100 lucky users will receive $100 in Bitcoin (BTC) through Swipe’s Twitter Giveaway Event. Complete mechanics are found on Swipe’s official twitter page. Winners will be announced every 48 hours!Swipe X Bittrex GlobalSwipe is now officially listed for trading at Bittrex Global. Users are now able to deposit SXP to Bittrex Global immediately and trade with SXP/BTC Pair.Bittrex Global is one of the secured trading platforms and digital holding infrastructure worldwide. Located in Zurich, Bittrex Global provides its customers with an institutional-grade experience for businesses, and individuals, alike.Bittrex adds to the list of reliable trading platforms that SXP is currently listed such as DigiFinex, Bilaxy, Kucoin, Bithumb Global, Bithumb Korea, Uniswap, CoinTiger, and IDEX.Swipe Visa Cards Now Available on Google PaySwipe is proud to announce that the Swipe Visa Debit Cards can now be added to Swipe users’ Google Pay wallet. With this feature, Swipe users will be able to add their Visa card and pay at any point-of-sale terminal that accepts Google Pay.With this feature, Swipe European users will be able to get full access to the Swipe Card platform. They can easily spend their cryptocurrencies with their smartphones using Google Pay wherever VISA is accepted.Work Safely from HomeAmidst this global pandemic, Swipe is searching for a pool of talents that can help us bring our mission to bring cryptocurrency to commerce a success.Swipe, a financial services company, has a Business Continuity Plan for its operations to continue in spite of the recent global issues. Swipe is looking for talented individuals to fill positions in our decentralized style workforce structure.If you think you are the right person to join our team, send your résumé and cover letter telling why you’d be a great fit.Email us at careers@swipe.ioSend Over 26 Cryptocurrencies via iMessage with SwipeSwipe Wallet iOS users can now send cryptocurrencies directly via iMessage. This announcement of Swipe came after the recent fiat inflation happening across the world.To use this option, Swipe Wallet users can simply go directly to their iMessage and tap on the Swipe Widget to get started.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe March 2020 Updates was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Send Over 26 Cryptocurrenci...

Swipe Wallet iOS users can now send cryptocurrencies directly via iMessage. This announcement of Swipe came after the recent fiat inflation happening across the world.To use this option, Swipe Wallet users can simply go directly to their iMessage and tap on the Swipe Widget to get started.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSend Over 26 Cryptocurrencies via iMessage with Swipe was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Visa Cards Now Availa...

Swipe is proud to announce that the Swipe Visa Debit Cards can now be added to Swipe users’ Google Pay wallet. With this feature, Swipe users will be able to add their Visa card and pay at any point-of-sale terminal that accepts Google Pay.With this feature, Swipe European users will be able to get full access to the Swipe Card platform. They can easily spend their cryptocurrencies with their smartphones using Google Pay wherever VISA is accepted.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe Visa Cards Now Available on Google Pay was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe February 2020 Updates

The second month of 2020 ended with exciting bounty campaigns, giveaways, and partnerships for Swipe. With a good number of participant turnouts, Swipe aims to bring more activities like these on its platform to maintain the interest and satisfaction of its subscribers.Telegram Giveaway Winners NotifiedSwipe has awarded 50 lucky contestants with $5,000 worth of Bitcoin (BTC) and Swipe Token (SXP) on Swipe’s Telegram bounty campaign. Winners were notified via the Swipe Wallet app and credited their balances. Winners will be able to withdraw or use the funds that they’ve won immediately.SXP listed on DigiFinexSwipe announced that its native coin SXP is officially listed on Digifinex, a leading international cryptocurrency exchange.SXP won second place in the 11th round of Community Token listing registration of DigiFinex. The trading platform started to list SXP and open the withdrawal and trade transactions on February 11.At present, SXP is currently listed on DigiFinex, Bilaxy, Kucoin, Bithumb Global, Bithumb Korea, Uniswap, CoinTiger, and IDEX trading platforms.Swipe & Chainlink RelationshipSwipe announced its partnership with Chainlink, a decentralized oracle network provider, that will enable the Swipe platform to access Chainlink’s decentralized price feed oracles, particularly their ETH-USD Price Reference Contract, and a custom-built decentralized price reference network for SXP-USD, representing Swipe’s native token.Chainlink’s oracle solution will allow Swipe to create a stable, yet decentralized bridge between reliable off-chain prices and Swipe’s on-chain transactions. Multiple Chainlink oracles evaluate the same data point, thus eliminating one oracle being a single point of failure or absolute truth.Additionally, Swipe will use Chainlink’s ETH-USD price feed to cross-reference against the SXP-USD price feed to allow users to spend SXP directly on Ethereum Dapps.Last Chance to Win 7,000 SXP via WinPlay.App x SwipeFrom February 12 to March 4, 2020, Swipe will be giving away 7,000 worth of SXP to the top 500 participants on WinPlay.App, the rebranded version of Kucoin’s KuCoinPlay.Take part now for a chance to win your share!Contest Link: swipe.ws/winplayxswipeSXP locked in a Time-Lock Smart Contract audited by CertiK$78,927,344 of Swipe Tokens (SXP) are now officially locked in a Time-Lock Smart Contract audited by CertiK, a leader in smart-contract audits and formal verifications. With this lock, Swipe has moved over the Team tokens over a time locked period of eight years.Swipe has now deposited these tokens into a time-lock smart contract on Ethereum that has a programmatic release in accordance with the Swipe White Paper.Swipe has also worked with Etherscan to provide a nametag for this account under “Swipe: Treasury 3” so it’s easily viewable to all users.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletYouTube: https://youtube.com/SwipeWalletSwipe February 2020 Updates was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Bi-Weekly Update #2

It has been very busy for the past few weeks for the Swipe team. With the ongoing partnerships and contests organized by the team, Swipe aims to share its latest updates regularly to maintain the company’s transparency and communication to its users and the public.Telegram GiveawayFIFTY lucky contestants will get a chance to win $5,000 worth of Bitcoin (BTC) & $5,000 in Swipe Token (SXP) on Swipe’s Telegram bounty campaign.To register, Telegram users must follow @SwipeWallet and retweet with #SATSBACK on Twitter, join its official Telegram community t.me/SwipeWallet, bounty the @Swipe_Chat_Bot, and follow all the instructions by the Bot. Winners will be announced on March 1, 2020.SXP listed on DigiFinexOn Swipe’s first Bi-Weekly update, it has announced that it will be listing its SXP on DigiFinex, one of the leading cryptocurrency exchanges worldwide.This announcement came after SXP won second place in the 11th round of Community Token listing registration of DigiFinex. DigiFinex started to list SXP and open the withdrawal and trade transactions on February 11. Deposit service opened on February 10 and to celebrate the listing it air-dropped 5,000 worth of SXP.At present, SXP is currently listed on the trading platforms such as Bilaxy, Kucoin, Bithumb Global, Bithumb Korea, Uniswap, CoinTiger, and IDEX. On its earlier update, the Swipe team mentioned that it has requested the delisting of its coins to Livecoin, p2pb2b, and LAToken. This direction of Swipe aims to open a higher liquidity access point for users to buy SXP.Swipe & Chainlink RelationshipSwipe recently partnered with Chainlink, a reliable decentralized oracle network provider, to enable the Swipe platform to access Chainlink’s decentralized price feed oracles, particularly their ETH-USD Price Reference Contract, and a custom-built decentralized price reference network for SXP-USD, representing Swipe’s native token.Chainlink’s oracle solution will allow Swipe to create a stable, yet decentralized bridge between reliable off-chain prices and Swipe’s on-chain transactions. Multiple Chainlink oracles evaluate the same data point, thus eliminating one oracle being a single point of failure or absolute truth.Additionally, Swipe will use Chainlink’s ETH-USD price feed to cross-reference against the SXP-USD price feed to allow users to spend SXP directly on Ethereum Dapps.WinPlay x SwipeSwipe recently launched a contest on WinPlay.App with KuCoin. From February 12 to March 4, 2020, Swipe will be giving away 7,000 worth of SXP to the top 500 participants on WinPlay.App. Take part now for a chance to win your share.Contest Link: swipe.ws/winplayxswipeWinPlay.App is the rebranded version of Kucoin’s KuCoinPlay. On its official announcement last February 14, KuCoin stated that it has “reached a consensus with the KuCoinPlay team that KuCoinPlay should be rebranded as WinPlay.App and from now on the platform will be operated independently. With this change, WinPlay.App will be able to serve not only the projects listed on KUCOIN but all blockchain startups.”$78.9M worth of SXP locked in a Time-Lock Smart Contract audited by CertiKSwipe officially locked $78,927,344 of Swipe Tokens (SXP) in a Time-Lock Smart Contract audited by CertiK, a leader in smart-contract audits and formal verifications. With this lock, Swipe has moved over the Team tokens over a time locked period of eight years.Swipe has now deposited these tokens into a time-lock smart contract on Ethereum that has a programmatic release in accordance with the Swipe White Paper.Swipe has also worked with Etherscan to provide a nametag for this account under “Swipe: Treasury 3” so it’s easily viewable to all users.Swipe promises to keep its community updated and well-informed of its activities and projects. To get the latest news from Swipe, don’t forget to follow its official social media pages:Website: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWallet & https://t.me/SwipeLinkedIn: https://www.linkedin.com/company/swipewalletSwipe Bi-Weekly Update #2 was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Locks $78.9 million d...

Swipe is proud to announce that we have officially locked $78,927,344 of Swipe Tokens (SXP), at press time, in a Time-Lock Smart Contract audited by CertiK! This announcement follows up our public AMA in where Swipe’s Chief Operating Officer stated that Swipe’s Team allocation tokens would no longer be freely transferable. With our partnership with CertiK, we have now deposited these tokens into a time-lock smart contract on Ethereum that has a programmatic release in accordance with the Swipe White Paper.Swipe Time-Lock Smart Contract Certification CodeWith this lock, Swipe has moved over the Team tokens over a time locked period throughout 8 years. This shows transparency and commitment to the protocol with a high level of security verified by CertiK, a leader in smart-contract audits and formal verifications.The address for the time lock contract is the following: 0x6c42c72e80481ad654e63d364bb9d86c90819a25Swipe has also worked with Etherscan to provide a nametag for this account under “Swipe: Treasury 3” so its easily viewable to all users.Thank you!Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeInstagram: https://instagram.com/SwipeYoutube: https://youtube.com/SwipeWalletSwipe Locks $78.9 million dollars worth of SXP in Audited Time-Lock Smart Contract was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Leverages Chainlink t...

Swipe recently collaborated with Chainlink, a reliable decentralized oracle network provider that offers high-security data solutions to smart contracts on any blockchain. The new integration will enable the Swipe platform to access Chainlink’s decentralized price feed oracles, particularly their ETH-USD Price Reference Contract and a custom-built decentralized price reference network for SXP-USD, representing Swipe’s native token.Chainlink’s oracle solution will allow Swipe to create a stable, yet decentralized bridge between reliable off-chain prices and Swipe’s on-chain transactions. This is accomplished by having multiple Chainlink oracles evaluate the same data point, thus eliminating one oracle being a single point of failure or absolute truth.Decentralized applications are only as strong as their weakest component. Hence, why highly secure blockchain-based smart contracts are insecure if being triggered by data about price conversions from a single, centralized oracle. By decentralizing the data sourcing around token price conversions for point of sale transactions, such as through the SXP-USD decentralized price feed, Swipe users get more secure, reliable, and accurate pricing when buying, selling, and spending SXP.Additionally, Swipe is using Chainlink’s ETH-USD price feed to cross-reference against the SXP-USD price feed to allow users to spend SXP directly on Ethereum Dapps. By knowing the SXP and ETH price in USD, The Swipe platform could easily convert it using Swipe’s point of sale conversion technology.Swipe’s CEO Joselito Lizarondo stated, “I believe this relationship is vital for Swipe users who need access to Chainlink’s trusted oracle services. By collaborating with Chainlink, Swipe will effectively address the security problems for off-chain connections that currently exist for users of the Swipe Network Wallet-Contacts.”About SwipeSwipe is a wallet application and card platform that grants users access to buy, sell, and pay with 20+ digital currencies. Through its proprietary Swipe Network, users are enabled to convert digital currencies to fiat currencies on-demand. Swipe is headquartered in London with additional locations in the United States, Estonia, and the Philippines. Its mission is to enable users around the world access to financial services tied into digital currencies. The Swipe Wallet is available both on the Apple iOS and Google Play app stores. Learn more about Swipe by visiting Swipe.io, Twitter or Facebook.About ChainlinkChainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to great companies like Google, Oracle, SWIFT, and many other large enterprises, as well as many of the world’s best smart contract projects/teams such as Web3/Polkadot, Synthetix, Loopring, Aave, Kaleido, OpenLaw, Reserve, and many more.Learn more by visiting the Chainlink website, Twitter or Reddit. If you’re a developer, visit the developer documentation or join the technical discussion on Discord.Swipe Leverages Chainlink to Bring Decentralized Pricing into the Swipe Network was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe January 2020 Updates

Swipe started the year actively with its aggressive referral programs and partnerships. Amid its preparations for the opening of its headquarters in the Philippines, Swipe continues to give its users the best and complete Swipe user experience through these activities:Swipe Now Supports Apple Pay TransactionsSwipe Wallet users can now purchase over 20 supported cryptocurrencies with Apple Pay. In the recent announcement of Swipe, this integration will allow Swipe Wallet iOS users a faster and easier option of purchasing their preferred cryptocurrencies directly on the application.Swipe iOS users can buy from over 20 supported cryptocurrencies listed by linking their Apple Pay details in the Swipe Wallet application.BTC GiveawaysSwipe aims to bring the mass adoption of cryptocurrencies to users worldwide. To make this goal into reality, the team has come up with BTC cash back and giveaway programs on Twitter. In January, Swipe has given away over $11,000 in BTC rewards.It has awarded 100 free Swipe Saffron cards with $ 100 in BTC to select users who followed the Swipe Twitter page, retweeted #SATSBACK, and tagged three friends on the social media platform.Swipe also plans to use its current #SATSBACK program to bring more amazing referral contests on its social media platforms.New SXP ListingsIn the same month, Swipe also announced the Swipe Token (SXP) listing on Uniswap Exchange and Bithumb.Uniswap protocol provides an interface for seamless exchange of ERC20 tokens on Ethereum. By eliminating unnecessary forms of rent extraction and middlemen, Uniswap allows faster and more efficient exchange. On the other hand, Bithumb Korea is one of the largest cryptocurrency exchanges in the world. Bithumb aims to provide financial platforms and services that connect people around the world.Swipe has also requested the delisting of SXP trading pairs from Livecoin, p2pb2b, and LAToken. The team decided to make a delisting request on these exchanges because these parties show either signs of poor security, fake volumes, or extremely low liquidity.Swipe promises its users to keep bad actors out of its system. With its relationship with Onfido, Swipe can perform strong verification to ensure long-lasting product line.New “Flash by Swipe™”Swipe, on January, launched its new “Flash by Swipe™” program to list new digital assets on the Swipe platform where users can then buy, sell, or pay using these assets. Swipe will list the chosen token after the community votes on the selected token.Swipe will then have a $500,000 sale of the selected token at 50% off “flash sale.” The amount of the allocation available per user is based on their SXP balance on the Swipe Wallet application.Swipe’s First Reddit AMASwipe posted its first “Ask Me Anything” or AMA on Reddit on January 31. On the AMA video, Swipe’s Chief Operating Officer (COO) John Khenneth Parungao answered the questions that some of the Swipe community users posted on Reddit, and shared the latest updates about Swipe products.By doing the AMA, Swipe hopes to give its users firsthand information about the activities and community updates of the company.These and more activities are part of Swipe’s 2020 development agenda. Swipe promises to bring in more partnerships and exciting activities on board to achieve its goal of having the cryptocurrency to widespread adoption.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWalletYouTube: http://youtube.com/swipewalletSwipe January 2020 Updates was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe AMA — Episode 1

Swipe AMA — Episode 1Swipe’s First Reddit AMA of the Decade is now live!Watch: https://www.youtube.com/watch?v=ApeVCl8FclQHere is the transcript below:Nicole: Welcome Swipe community to our first Reddit Ask Me Anything, AMA, of the decade.We are excited to share the latest updates on what we are building and doing here at Swipe.As many of you are now aware, we are currently preparing to open our headquarters in Bonifacio Global City, Taguig, Philippines.And for today, we will be having our Chief Operating Officer, Mr. John Khenneth, to answer the questions that most of Swipe community users are curious about.Stay tuned to the very first Swipe AMA of the decade.John Khenneth: Hello, my name is John Khenneth, and I am the COO for Swipe.Our company is a multi-asset digital wallet application that is tied together with a debit card that gives users access to buy, sell, and pay with over twenty cryptocurrencies.As COO, I ensure that Swipe has a clear and concise plan of action to run our global operations. I have direct oversight on the strategy and vision of our products and how to bring our community and users together to use these products in a meaningful fashion to really bridge the gap between cryptocurrencies and fiat currencies.Today we will talk about our Agenda that was posted on Reddit which will be followed by our AMA. So, let’s begin.First, let’s talk about our new Time Lock Contracts and our special announcement.As you know, we have partnered up with Certik who helps audit and do formal verification of our smart contracts that we deploy on the Ethereum network. The Swipe Network and the Swipe Token operate on the Ethereum blockchain.We have previously locked up our founder tokens in a time lock smart contract to ensure transparency with our community in a trustless fashion, in a public, audited, and verified, smart contract. We also added a nametag via Etherscan so the public can easily find this address and its contents.Today, we are proud to announce that we have teamed up with Certik to audit our second Time Lock Smart Contract which will hold our Team Tokens.This means we are nearly freezing over 100 million dollars’ worth of Swipe Token (SXP) into a smart contract on the Ethereum blockchain with a time lock release that’s in accordance to our White paper of 1% monthly.There will only be a programmatic way to release our allocation as promised to our users.We are not saying that Swipe is not trustworthy to do what it promises, we are just saying we are using the power and tools available on the blockchain to make that process trustless and transparent, so it is very exciting for us to be able to provide this high level of clarity to our community and userbase.So, it is basically going to be the same smart contract used before but adjusted to meet this expectation of locking team tokens up as well. This is what we’ll do to make it public and trustless.So, about Swipe Wallet v2 Application. We are currently working hard to bring the next flagship version of the Swipe Wallet application to work directly with our Layer 2 solution, which we are building with a non-custodial method.Our White Paper talks about our Layer 2 scaling solution to change our backend processes that are currently off-chain, to directly onto a public ledger.We are working on forming some strategic partnerships to make this happen faster than expected, and we plan to enable the Swipe Wallet application to have a non-custodial feature to use this Layer 2 solution directly on the blockchain.So, in sum, Swipe Wallet v2 will have a native Layer 2 integration alongside a non-custodial wallet that users will be able to toggle and switch to without having to download 2 apps.We will have more information on this topic soon and just wanted to take this opportunity to provide some background on what we are doing. We will be constantly releasing version updates on v1 until v2 is ready.Now, the next topic that I am very excited about is Flash by Swipe. Flash by Swipe is a new program we are launching as a marketing plan to bring new digital assets voted by the community to the Swipe Wallet app.Originally what we will do is hold a voting poll for assets that meet our listing criteria on our official Twitter page which can be found on Twitter dot com forward slash SwipeWallet.Once the poll is over, we will list the digital asset that won on our platform shortly after integration is complete. Once this asset is ready to be listed, Swipe Wallet users will see a lightning bolt icon at the top left-hand corner of their Profile tab on the mobile application.Once this is pressed, users will see that the newly listed token has a flash sale of up to 50% off spot prices for that day. This allocation will have up to five hundred thousand US dollars’ worth of that token for sale at a discount.Nicole: I know some people are curious about this: How can Swipe afford to give away almost two hundred fifty thousand US dollars?John Khenneth: This is a question I will try to answer without giving away too many trade secrets or I might have some issues with Joselito.Well I am sure many have asked “how is this possible?” and “why is the company throwing away money?”To us we don’t see it as a small picture. We are looking at the big picture which is user acquisition and growth. We, as a company, have a marketing budget, and user acquisition budget.We have analyzed the data that we have invested in for marketing and are experimenting on this method to bring in a larger audience of various coin communities and crypto investors on the Swipe Wallet platform.Flash by Swipe program seems promising and we have seen good results from competitors offering the same thing, so we believe this will be a strong investment to offer this as a marketing tool.We have new partnerships we are working on, and was supposed to announce them in this AMA, but they are not ready yet and we are still under a None Disclosure Agreement.But don’t worry, there are some exciting updates around this, and we plan to release this information soon, just not today which also tags along into our liquidity engine for the SXP Network.Nicole: The first question from our community is: Will Swipe be available in the Philippines and other Asian countries?John Khenneth: Yes, we are going to offer all of our services in the Philippines and the South East Asian region soon. We are just waiting for all of the card products to be ready for this region so we can release access to the Wallet and Cards together. Currently our services are only available in 33 countries in Europe, but we plan to bring our services worldwide.Nicole: Is it possible to see Swipe Exchange in the near future with zero trading fee? And is Swipe going to build its own blockchain like SwipeChain for example?John Khenneth: No. We don’t plan to do zero fees; we think it is misleading when a company offers zero fees and then packs a rate or something. We do, however, offer up to a 75% discount in fees through our Tier level based on the amount of SXP staked in the Swipe Wallet. Users can find this information on page 33 of our Whitepaper.As far as SwipeChain, our main net runs on Ethereum and our Layer 2 solution will be similar to a Childchain running with Ethereum. We are always evaluating the market and our product line, and if there are any changes, we will let the community know.Nicole: How many cryptocurrencies does Swipe Wallet currently support, and can we purchase cryptocurrencies with Visa or Mastercard? What is the uniqueness of the SXP token, and what role does it play in your ecosystem?John Khenneth: Currently, we support 24 cryptocurrencies that can be bought with a credit or debit card directly from the Swipe Wallet platform. This is only for verified users in Europe at the moment, but we plan to expand this in other regions soon. The SXP token is a central unit of currency and value to our product line. Users can spend it, use it, store it, and redeem it directly within our Application.We find the uniqueness of our token being that it can be used to activate on-chain features from our SXP Network with smart wallet contracts. This enables all fees to be denominated in SXP whether your using SXP or BTC, the fees will always then be paid in SXP, with a discount as well using our native token.SXP is also unique due to its deflationary supply. Most tokens and proof-of-stake blockchains either have a flat unit of supply or an inflationary supply with no hard cap such as Ethereum and EOS as examples. SXP is designed and immutable on the blockchain to become deflationary.When the SXP network is utilized, eighty percent of the fees are destroyed directly on the blockchain. This is done programmatically through an audited smart contract that can’t be changed. We believe the on-chain and utility features of SXP give it strong use cases against our competitors.Nicole: What are your strategies for attracting new users to your platform with already tough competitors in the market?John Khenneth: Our strategy for obtaining new users is to do targeted marketing, run aggressive referral programs, and offer a product better than the competition. We don’t want to build an entire ecosystem such as an exchange for Swipe. We want to be hyper focused on bridging the fiat to crypto problem globally by offering simple user interfaced products to execute our mission without being too distracted on other products.Nicole: How do you provide liquidity, and what liquidity providers are you already working with?John Khenneth: We use numerous liquidity pools and providers. Primarily, our authorization engine is connected to Bittrex, Binance, and Coinbase. We use this tool to aggregate the order books to give users a high depth of liquidity, low spreads, and low slippage. This helps ensure that the best rate is given to our users when price execution occurs when buying, selling, or paying with crypto.Nicole: For our last question: What are the security measures that you have for Swipe Wallet to make sure that all the assets stored in your Wallet are safe and secure?John Khenneth: The current version of our Swipe Wallet holds all digital assets in cold storage, which is offline and protects against hackers and theft. By cold storage, we mean we store all digital assets in cold storages provided by BitGo and Coinbase Custody, who are all leading companies that have impeccable security measures and are licensed custodians.Not only are their reputations great for storing crypto, but they also have leading insurance of 100 million us dollars of protection. This coverage helps give, not only us, but also our users peace of mind, that if a hack occurs or one of their employees stole these funds, their insurance coverages would cover these damages.Besides this, we also maintain PCI Level 1 DSS certification which gives a high level of security for our card platform as well as vulnerability tests on our wallet. These all ensure that our overall application and user experience is safe and secure.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWalletSwipe AMA — Episode 1 was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Bi-Weekly Update #1

Swipe is proud to have kicked off the beginning of the decade strong! We have many exciting items to share, and to start the year right, every two weeks Swipe will be updating our community with the latest news on the Swipe project.BTC GiveawaysSwipe is focused on bringing mass adoption of cryptocurrencies to users worldwide. It already started giving cash back in BTC to Swipe cardholders, and also running giveaways on Twitter. So far, Swipe is committed to over $11,000 this week in BTC rewards. Swipe also plans to use the new #SATSBACK movement to bring many more contests for Swipe’s social media followers!SXP Transparency ReportSwipe believes in bringing the highest level of on-chain transparency powered by Ethereum. It has already locked up 60 million SXP in Swipe Founder’s time-lock contract. Swipe also worked with Etherscan to add name tags to these following addresses:Swipe Ecosystem RewardsSwipe FoundersSwipe Treasury 1Swipe Treasury 2The Swipe team is exploring to use time-lock smart contracts for the other allocations as well. We also plan to launch our Swipe Network explorer soon where users can see the status of on/chain usage of our protocol using SXP.Exchange InfoSwipe has a public duty to help keep bad actors out of its ecosystem of products. With Swipe’s relationship with Onfido, it can perform robust verification to ensure a long-lasting product line with this ever-changing global regulatory landscape.To support this mission, Swipe has requested the delisting of SXP trading pairs from Livecoin, p2pb2b, and LAToken. The team has decided to make a delisting request on these exchanges because these parties show either signs of poor security, fake volumes, or extremely low liquidity. These issues pose threats to Swipe’s community. Therefore Swipe will only promote and support digital asset exchanges on safe and secure marketplaces. Swipe is currently in discussions with other exchanges that meet our public duty policy requirements.Swipe plans to list on DigiFinex followed by other exchanges in the next few weeks. These markets will open a higher liquidity access point for users to purchase SXP.Swipe NetworkSwipe has successfully launched the phase 1 of its mainnet on the Ethereum protocol. This process works via a layer 1 Ethereum based validation system and uses Swipe’s off-chain scaling protocol to process all the transactions. Eventually, Swipe plans to bring its layer 2 on-chain and will release more information about it soon.Monthly AMASwipe will be hosting its first live “ask me anything” or AMA on Twitter on January 27. Swipe will be discussing over an agenda of items and also answer questions from its community. Special giveaways will also be given to those who will join the AMA.Flash by Swipe™The all-new Flash by Swipe™ program will be utilized to list new digital assets on the Swipe platform where users can then buy, sell, or pay using these assets. Swipe will list these tokens after the community votes on the selected token.Swipe will then have a $500,000 sale of the selected tokens at 50% off “flash sale.” The amount of the allocation available per user will be based on their SXP balance on the Swipe Wallet application.With these, we are very excited to keep the Swipe community updated bi-weekly as we continue to work on bringing cryptocurrency to mass adoption!Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/SwipeMedium: https://medium.com/SwipeTelegram: https://t.me/SwipeWalletSwipe Bi-Weekly Update #1 was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Now Supports Apple Pa...

Users can purchase over 20 cryptocurrencies with Apple PaySwipe Wallet users can now purchase over 20 supported cryptocurrencies with Apple Pay. In the recent announcement of Swipe, this integration will allow Swipe Wallet iOS users a faster and easier option of purchasing their preferred cryptocurrencies directly on the application.Apple Pay is a mobile payment and digital wallet service powered by Apple Inc. that allows users to make transactions on iPhone, iPad, Apple Watch, and Mac, offering an easy, secure, and private way of payment options to its users. Swipe iOS users can buy from over 20 supported cryptocurrencies listed by linking their Apple Pay details in the Swipe Wallet application.“This recent move will give way to a faster and a high level of security for our payment transactions,” said Swipe CEO and Founder Joselito Lizarondo. “We want to ensure that our clients will have a better and a variety of payment options on the Swipe Wallet application,” Lizarondo added.About SwipeSwipe is a digital wallet application that enables users to buy, sell, and pay with their cryptocurrencies. The Swipe Wallet is also a fiat on/off ramp for users around the world. Swipe Wallet is coupled with the Swipe Debit Card that allows our users to spend their cryptocurrency real-time at millions of locations worldwide. The platform is powered by Swipe Token (SXP) that serves as the platform’s gas required to process transaction fees on the network. SXP can also be spent to fiat currency, use to redeem digital gift cards, apply for higher membership debit cards, get discounts on fees on the platform, and enhance rewards.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/swipe.ioMedium: https://medium.com/SwipeWalletTelegram: https://t.me/SwipeWalletSwipe Now Supports Apple Pay Transactions was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe December 2019 Updates

In this monthly post, we bring you the latest news from Swipe:Swipe Taps Seasoned Tax Lawyer as its Chief Legal OfficerSwipe has appointed Anecita Sotomil, a seasoned tax consultant and legal executive, as its Chief Legal Officer. As Swipe’s lead lawyer, Sotomil will oversee the overall legal, compliance, and corporate matters of Swipe. She will also be responsible for working with regulators to ensure that Swipe is properly aligned with the existing laws and regulations.Sotomil brings more than 13 years of experience in corporate registration, financial consultancy, tax planning, and company compliance. A lawyer and member of the Integrated Bar of the Philippines, Sotomil received her degree in Law and Management Accounting at the University of St. La Salle. She also earned her Diploma in Accounting and Business at the Association of Chartered Certified Accountants and then passed the Executive Programme Level II of the Tax Academy of the Inland Revenue Authority of Singapore.Swipe Users Can Purchase Over 20 Cryptocurrencies with Visa or MasterCardSwipe has announced in December that verified Tier 2 users of Swipe Wallet can now buy over 20 supported cryptocurrencies on its platform via Visa or Mastercard.This recent move by the Swipe team will give its users an easier option on purchasing their preferred cryptocurrencies within the platform. Through this integration, verified Tier 2 users can buy all supported digital assets with a Visa or MasterCard supported debit card or credit card within their Swipe Wallet application.At present, the Swipe Wallet supports over 20 cryptocurrencies on its platform. User’s cryptocurrencies are 100% stored in cold wallet solutions with a hot wallet maintained by Swipe’s reserves.About SwipeSwipe is a digital wallet application that enables users to buy, sell, and pay with their cryptocurrencies. The Swipe Wallet is also a fiat on/off ramp for users around the world. Swipe Wallet is coupled with the Swipe Debit Card that allows our users to spend their cryptocurrency real-time at millions of locations worldwide. The platform is powered by Swipe Token (SXP) that serves as the platform’s gas required to process transaction fees on the network. SXP can also be spent to fiat currency, use to redeem digital gift cards, apply for higher membership debit cards, get discounts on fees on the platform, and enhance rewards.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/swipe.ioMedium: https://medium.com/SwipeWalletTelegram: https://t.me/SwipeWalletSwipe December 2019 Updates was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe November 2019 Updates

Here’s a brief run-through of Swipe’s progress this November:Shipping out of Swipe Wallet v.125 WalletSwipe has started shipping out the Swipe Wallet v1.25 last November 11. The v.125 version of Swipe Wallet comes with new exciting features for its users that will enable a new fiat on-ramp into crypto.Swipe Welcomes New Chief Technology OfficerSwipe is glad to announce that Eric Adolfo has officially joined Swipe as its Chief Technology Officer (CTO).Adolfo has been in the Information Technology industry for over 14 years. Prior to Swipe, he held several senior positions, including Web Developer, Software Engineer, Head of Software Development, and most recently as a Senior Web Engineer.As the CTO of Swipe, Adolfo will lead the company in crafting the best Swipe technology experience that will bring cryptocurrency to commerce and standard banking.Swipe Gains Over 100,000 New UsersSwipe Wallet, the application platform of Swipe that is available for download on both Apple App Store and Google Play Store for both iPhone and Android users, has gained over 100,000 new users for the month of November as Swipe ramps up its global users mainly coming from Europe and Asia.As Swipe Wallet continues to improve and advance its services, the company aims to bring in more new subscribers by the end of 2019.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/swipe.ioMedium: https://medium.com/SwipeWalletTelegram: https://t.me/SwipeWalletSwipe November 2019 Updates was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Taps Seasoned Tax Law...

Anecita Sotomil to lead Swipe’s legal teamSwipe recently named Anecita Sotomil, a seasoned tax consultant and legal executive, as its Chief Legal Officer. As Swipe’s lead lawyer, Sotomil will oversee the overall legal, compliance, and corporate matters of Swipe. She will also be responsible for working with regulators to ensure that Swipe is properly aligned with the existing laws and regulations.In a statement, Swipe Founder and Chief Executive Officer (CEO) Joselito Lizarondo noted, “We are delighted to have Anecita to our leadership team. Her extensive knowledge in financial and tax structure will guide Swipe to be aligned on its mission to enable millions of people to use and access cryptocurrencies.”Sotomil brings more than 13 years of experience in corporate registration, financial consultancy, tax planning, and company compliance. Before joining Swipe, she served as a Senior Manager in Statutory Compliance and Tax Reporting at a Global Shared Services Center in the Philippines, and previous to that, held Advisory, Tax, and Legal Counsel positions at some Financial Institutions, Tax Firms, Oil Industries, and BPO companies.A lawyer and member of the Integrated Bar of the Philippines, Sotomil received her degree in Law and Management Accounting at the University of St. La Salle. She also earned her Diploma in Accounting and Business at the Association of Chartered Certified Accountants and then passed the Executive Programme Level II of the Tax Academy of the Inland Revenue Authority of Singapore.“It is an honor to be working for Swipe. I look forward to directing the company’s corporate, commercial, and legal affairs, to better serve its clients and beneficiaries,” Sotomil said.About SwipeSwipe is a digital wallet application that enables users to buy, sell, and pay with their cryptocurrencies. The Swipe Wallet is also a fiat on/off ramp for users around the world. Swipe Wallet is coupled with the Swipe Debit Card that allows our users to spend their cryptocurrency real-time at millions of locations worldwide. The platform is powered by Swipe Token (SXP) that serves as the platform’s gas required to process transaction fees on the network. SXP can also be spent to fiat currency, use to redeem digital gift cards, apply for higher membership debit cards, get discounts on fees on the platform, and enhance rewards.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.io Twitter: https://twitter.com/SwipeWallet Facebook: https://facebook.com/SwipeWalletHQ Instagram: https://instagram.com/SwipeWalletHQ Medium: https://medium.com/SwipeWallet Telegram: https://t.me/SwipeWalletSwipe Taps Seasoned Tax Lawyer as its Chief Legal Officer was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe Welcomes New Chief Te...

Chief Technology of Swipe Eric AdolfoMANILA, PHILIPPINES — Swipe, a multi-asset blockchain digital wallet application founded in United Kingdom, has announced the appointment of Eric Adolfo as its new Chief Technology Officer (CTO).Adolfo has been in the Information Technology industry for over 14 years. Prior to Swipe, he held several senior positions, including Web Developer, Software Engineer, Head of Software Development, and most recently as a Senior Web Engineer.“I am very excited to work with Swipe and create the best product experience for our customers. I’m looking forward to the impact that our software will do on everyone’s life in the future,” said Adolfo.As the CTO of Swipe, Adolfo will lead the company in crafting the best Swipe technology experience that will bring cryptocurrency to commerce and standard banking. He will be responsible for the technological research and development roadmap of Swipe.“Eric’s track record in the information technology industry is an asset to Swipe,” said Joselito Lizarondo, Founder, and Chief Executive Officer (CEO) of Swipe. “By adding Eric to our team, his credible and significant experience in information technology will further help us reach our goal in expanding our market and bring people closer in using and understating cryptocurrency. The board members and I are confident that his leadership is what Swipe needs.” Lizarondo added.About SwipeSwipe is a digital wallet application that enables users to buy, sell, and pay with their cryptocurrencies. The Swipe Wallet is also a fiat on/off ramp for users around the world. Swipe Wallet is coupled with the Swipe Debit Card that allows our users to spend their cryptocurrency real-time at millions of locations worldwide. The platform is powered by Swipe Token (SXP) that serves as the platform’s gas required to process transaction fees on the network. SXP can also be spent to fiat currency, use to redeem digital gift cards, apply for higher membership debit cards, get discounts on fees on the platform, and enhance rewards.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/swipe.ioMedium: https://medium.com/SwipeWalletTelegram: https://t.me/SwipeWalletSwipe Welcomes New Chief Technology Officer was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe October 2019 Updates

Let’s take a look on the latest news and progress of Swipe this October:Swipe Token Receives CertiK CertificationSwipe has chosen to perform a Smart Contract audit of its native cryptocurrency: Swipe Token (SXP) with CertiK. CertiK is a leading formal verification platform for smart contracts and blockchain audits. It ensures that SXP built on Ethereum is secure against some of the most critical vulnerabilities.CertiK was chosen by Swipe to audit the design and implementation of the SXP smart Contract and Time-Lock Contract. In this Time-Lock Contract, the platform moved 60 million of the Founder and Advisor SXP tokens to a six-year locked contract. This period intends to organize the project while ensuring its maximum success.Upon auditing both the SXP Token Contract and the Swipe Timelock Contract, CertiK found it to follow good practices and that the contracts are “structurally sound and not vulnerable to any classically known anti-patterns or security issues.”Swipe holds its Very First Community MeetupSwipe held the first Swipe Community Meetup in Africa to present its product line to the users in Africa and get into crypto with the digitally powered Swipe Token (SXP).Swipe Sponsors Eurasia Blockchain SummitSwipe sponsored the recently held Eurasia Blockchain Summit at Istanbul, Turkey from October 18 to 19, 2019. The blockchain summit, which was organized by Huobi Group and Kemer Partner, is the annual gathering of key industry leaders, government officials, mainstream companies, investors, blockchain enthusiasts, developers, and entrepreneurs in Asia, Europe, and other parts of the world. It aims to provide an opportunity where everyone can share and keep up-to-date of the latest developments in the industry.Swipe Teams Up with Coinbase CustodySwipe established a strategic relationship with Coinbase Custody to provide a custodial solution for its Swipe Wallet client deposits. Swipe users are ensured that their assets are safe and secure when making deposits onto the Swipe Wallet application as all user deposits, from supported coins, will be stored in Coinbase Custody.Coinbase Custody is a qualified third-party custodian licensed as a fiduciary trust under the New York State banking laws. In addition to storing client’s assets in Coinbase Custody, Swipe will also utilize the Coinbase Pro for instant crypto to fiat conversions when transactions are performed on the Swipe Card and Swipe Wallet application. This will give users instant access to pay with their cryptocurrencies at over 40 million locations worldwide, where Visa is accepted.Swipe Partners with BitGo for SXP Custody Services, Insurance, and moreSwipe’s partnership with BitGo would introduce a strategic partnership that will provide Swipe’s corporate capital with enforced security measurements, as each transaction will require a multi-signature approval which decreases the risk of hacking or key stealing.It also allows for an emergency backup key that can be used to access funds should BitGo become insolvent or cease to exist. Custodial assets held completely by either BitGo, Inc., or BitGo Trust Company, are insured for up to $100 million through the insurance group Lloyd’s. The insurance will be covering the assets for hacks during foreign-party, physical damage or loss to private keys, and other problems.CoinTiger Lists Swipe (SXP)Swipe’s own native cryptocurrency Swipe Token (SXP) is now officially listed on CoinTiger users. SXP deposits are now open for users and trading has opened on Bitcoin and USDt markets (SXP/BTC & SXP/USDT). CoinTiger is a global and innovative digital assets exchange platform which provides multi-cryptocurrency trading service including multi-language support for blockchain enthusiasts around the world.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.io Twitter: https://twitter.com/SwipeWallet Facebook: https://facebook.com/SwipeWallet Instagram: https://instagram.com/SwipeWalletHQ Medium: https://medium.com/SwipeWallet Telegram: https://t.me/SwipeWalletSwipe October 2019 Updates was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe partners with BitGo f...

Swipe partners with BitGo for Swipe Token institutional-grade custody services, $100M insurance, and more!Swipe aims to bring the highest level of safety and security for our users and their digital assets/currencies they store on our platform. We understand that these concerns in our industry are warranted and Swipe has taken the necessary steps to build confidence in our platform. Today, we are pleased to announce that Swipe has added BitGo as a custody provider to help securely store digital assets including Swipe Token (SXP). In working with BitGo, our customers will have access to an institutional-grade qualified custodian that carries $100 million in insurance.With this new strategic relationship BitGo also provides additional security for Swipe’s corporate funds as each transaction requires a multi-sig approval. The use of a multi-sig approval system decreases risks of hacking or having keys stolen. It also allows for an emergency backup key that can be used to access funds should BitGo become insolvent or cease to exist. In addition, this approach allows a final approving authority to approve transactions (possibilities include arbitration, CFO signatures, business owner approvals, etc).Custodial assets held completely by either BitGo, Inc. or BitGo Trust Company are insured for up to $100 million through insurance group Lloyd’s. The assets will be covered for third-party hacks, physical loss or damage of private keys, insider theft by employees and other hazards. At the end of 2017, Lloyd’s had about $44 billion in gross written premiums. The insurer has a presence in nearly 200 countries and is one of the world’s largest insurance and reinsurance marketplaces.About SwipeSwipe is a digital wallet application that enables users to buy, sell, and pay with their cryptocurrencies. The Swipe Wallet is also a fiat on/off ramp for users around the world. Swipe Wallet is also coupled with the Swipe Debit Card that allows our users to spend their cryptocurrency in real time at over million locations worldwide. The platform is powered by Swipe Token (SXP) that serves as the platforms fuel and is required to process transaction fees on the network. SXP can also be spent to fiat currency, used to redeem digital gift cards, used for higher membership debit cards, discounts on fees on the platform, and enhanced rewards.About BitGoBitGo is the market leader in digital asset financial services, providing institutional investors with security, compliance, custodial, and liquidity solutions. BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. The company supports over 100 coins and tokens and has over $2 billion in assets in the wallet. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and spans more than 50 countries. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo is backed by Craft Ventures, DCG, DRW, Galaxy Digital Ventures, Goldman Sachs, Redpoint Ventures, and Valor Equity Partners.Swipe partners with BitGo for Swipe Token institutional-grade custody services, $100M insurance… was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.

Swipe teams up with Coinbas...

Swipe is proud to announce that it has established a strategic relationship with Coinbase Custody to provide a custodial solution for its Swipe Wallet client deposits. Swipe users can trust that their assets will be safe and secure when making deposits onto the Swipe Wallet application as all user deposits, from supported coins, will be stored with Coinbase Custody.Coinbase Custody is a qualified custodian licensed as a fiduciary trust under NY State Banking Law. All digital assets that are stored with Coinbase Custody are segregated and held in trust for the benefit of its clients. Coinbase Custody has one of the world’s most trusted cold storage systems which has endured years of battle-tested operations. Coinbase Custody also maintains an industry leading insurance policy on the assets it custodies. In addition to storing client’s assets in Coinbase Custody,Swipe will also be utilizing Coinbase Pro for instant crypto to fiat conversions when transactions are performed on the Swipe Card and Swipe Wallet application. This will give users instant access to pay with their cryptocurrencies at over 40 million locations worldwide, wherever Visa is accepted.Andrew Robinson, European Head of Institutional Sales & Trading for Coinbase said: “We are delighted to collaborate with Swipe to deliver a custodial solution for Swipe Wallet deposits in our industry leading cold storage system. Through our relationship with Swipe, Coinbase will also provide exchange services which will facilitate crypto to fiat conversions for their European customers. Providing custody solutions for this emerging market and enabling users to pay with cryptocurrencies is a huge step in building mass adoption of cryptocurrency. This collaboration is another step towards Coinbase’s goal of building an open financial system for the world.”Joselito Lizarondo, CEO of Swipe, said: “Coinbase Custody will bring a safe, secure, and insured custody solution for all deposits from the Swipe Wallet held with Coinbase. We are also excited to work with Coinbase Pro where we will also be able to provide real time crypto conversions for our users utilizing our Swipe Card and Swipe Wallet. Enabling these features will bring crypto to traditional payment methods and we are excited for all of our European users”About Swipe Swipe is a digital wallet application that enables users to buy, sell, and pay with their cryptocurrencies. The Swipe Wallet is also a fiat on/off ramp for users around the world. Swipe Wallet is also coupled with the Swipe Debit Card that allows our users to spend their cryptocurrency in real time at over million locations worldwide. The platform is powered by Swipe Token (SXP) that serves as the platforms fuel and is required to process transaction fees on the network. SXP can also be spent to fiat currency, used to redeem digital gift cards, used for higher membership debit cards, discounts on fees on the platform, and enhanced rewards.Stay up-to-date with all the latest news from SwipeWebsite: https://swipe.ioTwitter: https://twitter.com/SwipeWalletFacebook: https://facebook.com/SwipeWalletInstagram: https://instagram.com/SwipeWalletHQMedium: https://medium.com/SwipeWalletTelegram: https://t.me/SwipeWalletSwipe teams up with Coinbase Custody to provide a custodial solution for its Swipe Wallet users was originally published in Swipe on Medium, where people are continuing the conversation by highlighting and responding to this story.