December 31, 2021

Latest! Binance Buy Swipe (SXP), Visa Crypto Card Provider!

 The largest crypto exchange platform, Binance announced ownership of Swipe in a blog sharing yesterday.


Swipe is a well -known provider of Visa crypto cards.


Through this power shift means Binance users can spend their coins in over 70 million locations worldwide.


Previously - July 6, 2020, Binance had purchased a majority of Swipe shares with the objective of encouraging the growth of cryptocurrencies by linking fiat with digital assets.



Swipe’s share ownership will also create competition with other crypto providers such as PayPal and Mastercard that offer crypto currency services.


Swipe is now known as Binance’s technology platform and program card manager.


At the same time Swipe is also collaborating with key partners to issue cards for permitted markets and zones.


Swipe CEO Joselito Lizarondo will relinquish his position as soon as ownership is confirmed.


Following this stock purchase, the Swipe token (SXP) jumped over 42% from its daily lowest value, $ 1.50 to its daily highest value, $ 2.14 today.