SXP. What are these fees and when are they incurred? Like with every tx?
Please use the Solar Discord at https://discord.solar.org or Telegram group at @Solar where further clarification can be provided and the community for SXP exists.
This is a swipe question
Hey Curl. As with regular bank cards, this is charged on every transaction. Percentage depends on the plan you choose.
So 1% of every transaction done using Swipe-powered Cards are charged and payed in SXP?
Please use the Solar Discord at https://discord.solar.org or Telegram group at @Solar where further clarification can be provided and the community for SXP exists.
Binance bought Swipe the company. SXP will still be used for card fees. Swipe powered cards are Binance card and FTX card. More info on their respectice websites.
Please use the Solar Discord at https://discord.solar.org or Telegram group at @Solar where further clarification can be provided and the community for SXP exists.
So you're saying card fees are paid in SXP with every transaction. Are these fee payment transactions settled on the Solar blockchain?
The Swipe #SXP token continues to be the utility token for the Swipe.io products as shown on our website and current white paper. There are no changes other than @Binance full ownership of Swipe for our users. @Solar is a community driven project that brings one additional utility via a blockchain platform that is powered by #SXP. Solar is not operated by Swipe, Binance, nor any central company and will be fully decentralized. Token Migration Details will be provided prior to its launch in Q1 2022.
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