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%The Swipe Wallet has been designed to require Swipe Tokens SXP to perform all functions of the Wallet. Users on the Swipe Wallet will be able to buy, sell, and pay with their cryptocurrencies to fiat directly within the wallet application as well as purchase Gift Cards and make instant exchanges between all supported assets.
Users will be able to use their SXP tokens at launch with tiered benefits based on the SXP balance in the Wallet Contract. All Swipe Wallets require a 1 SXP deposit to activate and utilize on-chain functions based on an audited Smart Wallet-Contract to perform its duties. The protocol has been designed and built on Ethereum.
With the Facebook and Cambridge Analytica scandal awakening data privacy concerns in the general public earlier this year, SWIPECrypto startup is using blockchain to restore trust and accountability to how data is used and handled.
CoinJar announced the general release of CoinJar Swipe allowing its customers to spend their bitcoin at over 820,000 retail terminals and withdraw cash from bank ATM.