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Nigeria
30 Jun 2012 (14 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Swipe
Company Information
Get to know Swipe
Founded by Joselito Lizarondo, Swipe was a financial technology company that enabled users to buy, sell, and spend a wide range of cryptocurrencies. Its flagship products were the Swipe Wallet and the Swipe Visa Debit Card, which allowed for real-time conversion of crypto to fiat currency at the point of sale. The platform was powered by its native utility token, SXP, which was used for transaction fees, staking, and earning rewards. In July 2020, leading cryptocurrency exchange Binance acquired a majority stake in Swipe, and by December 2021, it acquired the remaining shares. Following the acquisition, the project and its SXP token were rebranded to "Solar", an open-source, community-governed blockchain project.
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