Swipe, the multi-asset digital wallet and Visa debit card platform has announced the launching of a $16,000,000 Ecosystem Rewards Program for BNB (Binance Coin) holders over a 12 week period. Swipe team will distribute around 333,333.33 SXP coins to BNB coins holders on Binance exchange.
Tomorrow (August 17th,2020) Binance cryptocurrency exchange will be taking a snapshot of users BNB balances to calculate to calculate the distribution rewards. Users must hold a weekly average of at least 0.1 BNB in order to qualify these rewards.
According to Swipe team, the SXP coin distribution will be from the existing circulating supply and bought from the market, thus this program will not increase any circulating supplies weekly.
Swipe has recently announced its partnership with Chainlink to launch a live SXP-USD price oracle on the Ethereum mainnet.
What is Swipe?
Swipe 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, United States, Singapore, and Canada. The Swipe platform enables users to spend cryptocurrencies in real-time without having to convert the transactions prior manually. Users can also buy/sell cryptocurrencies with their linked bank accounts globally. Swipe official website: www.swipe.io
Swipe wallet app currently supports the following cryptocurrency coins:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Binance Coin (BNB)
- Binance USD (BUSD)
- Swipe (SXP)
- XRP (XRP)
- Litecoin (LTC)
- EOS (EOS)
- Stellar (XLM)
- QTUM (QTUM)
- Cardano (ADA)
- Tron (TRX)
- Ark (ARK)
- DigiByte (DGB)
- Ravencoin (RVN)
- Cosmos (ATOM)
- Basic Attention Token (BAT)
- 0x (ZRX)
- Decentraland (MANA)
- Elrond (ERD)
- Travala (AVA)
- Compound (COMP)
- Paxos Standard (PAX)
