Swipe Airdrop to BNB Holders

SXP Airdrop and changes to Swipe Card Program

By scythenoz | Singapore Crypto FI | 15 Aug 2020


Binance is offering $16,000,000 SXP airdrop program to BNB holders on Binance.com

Swipe is excited to announce that it is launching a $16,000,000 Ecosystem Rewards Program for BNB holders over a 12 week period! Swipe is launching this program to continue to promote the usage of Swipe products including the Swipe Network Staking and Governance through a weekly distribution of 333,333.33 SXP to BNB holders on Binance.com. Read this article to find out how to participate in this airdrop.

This airdrop came at a time with the latest Whitepaper change. With the latest changes, the Card offerings are now near comparable stages with Crypto.com cards.

The cheapest level, which are offered for free, now comes with 100% cashback for Spotify. 

Swipe Saffron Level

The Saffron Card is comparable to Crypto.com's Midnight Blue card, but had the benefit of 100% cashback on Spotify. 

I have did a comparison based on the staking requirements and tried to compare between Swipe and Crypto.com. You can review them and make your judgements below.

Swipe vs CDC 1

Swipe vs CDC 2

Swipe vs CDC 3

At the end of the day, it seems very attractive to at least get the free card from Swipe. Who doesn't like free stuff? However, as a frequent traveller, I am more inclined to go for the higher tier cards with Crypto.com as they offer free lounge. The staked tokens also earn 18% p.a. interest rates as well as an additional 2% interest on other Earn deposits (e.g. 6.5% p.a. for Bitcoins and additional 2% p.a. paid in CRO).

However, this is a good competition for Crypto.com and I hope it spurs both companies to do better for their users. 

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scythenoz
scythenoz

#Cronos #Crofam


Singapore Crypto FI
Singapore Crypto FI

My journey towards financial independence by leveraging cryptocurrency as one of the assets in my portfolio in sunny Singapore

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