- >Best Crypto Credit Cards
- >Swipe Review
Swipe Review 2025: Revolutionize How You Spend Crypto
If you’ve ever wanted to spend your crypto as easily as cash, Swipe is the name you need to know. Swipe used to offer its own Visa card, but it’s now the powerhouse behind some of the biggest crypto cards out there. Instead of focusing on the plastic, the brand now provides the tech and infrastructure that enables companies to bring you smooth, secure, and super convenient ways to use your digital assets in the real world.
Please note that some links on CryptoVantage.com are affiliate links. We may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners.
Understanding Swipe: What It Does and Why It’s Useful
Swipe isn’t just another tokenized card you can order online anymore. After being acquired by Binance in 2020, the Swipe network is now the engine powering some of the biggest debit card programs around the world. It now provides a powerful platform that lets businesses launch their own crypto debit cards, both virtual and physical.
Pros
Trusted by over 50+ million merchants
Four different debit cards with a tier-based benefit structure
No foreign transaction fees
Compatible with Samsung Pay, Apple Pay, and Google Pay
Up to 8% crypto cash back
Up to 30% retail cash back
Rebates bonuses
Significant bonuses for SXP holders
Cons
Can be expensive
Crypto.com is very similar and has more rewards
Investors must stake large amounts of SXP to gain high cash back
Features and availability depend on the provider
How Swipe Has Changed
As the merger progresses, most of Swipe’s native functionalities have now been either moved or absorbed by Binance (as far as regular crypto users are concerned, at least). Here’s a rundown of some of the most important changes:
Feature
Before the acquisition
Now
Swipe Wallet
A custodial wallet that allows you to buy, sell, and even convert your fiat- or cryptocurrencies.
Discontinued, essentially replaced by the Binance Wallet.
Swipe Credit
Centralized lending platform where users can deposit BTC, ETH, XRP, SXP, etc.
Discontinued, but can be replaced by the Venus Protocol on BSC.
Swipe Savings
Functions like a traditional savings/interest account, but supports a variety of tokens.
Discontinued, integrated with Binance’s core services.
What this means for you and your tokens
For users, this means you’ll mainly find Swipe technology behind cards, like the Binance Card. This gives you the ability to spend your digital assets at millions of locations globally, top up with your favorite coins, and enjoy seamless mobile payments through Apple Pay, Google Pay, or Samsung Pay. Swipe handles all the tricky stuff (like compliance, KYC, card network integration, and security), so companies can focus on delivering great customer experiences.
How Swipe’s SXP Token Powers the Network
The magic ingredient working in the background is Swipe’s SXP token. Even though conversions from digital assets to fiat happen instantly when you use an associated card at the point-of-sale, Swipe’s network is hard at work behind-the-scenes to make that happen. SXP is used internally to cover any network or settlement fees that pop up in the process. The old Swipe Finance program has now been discontinued, but users can still stake SXP via the Solar network (and submit new proposals or vote on others’ proposals).
On the frontend though, SXP has taken a backseat to BNB. These days, users need to hold or stake BNB to qualify for the program’s cashback rewards (currently hovering at about 8% paid back in BTC). Still, it is Swipe’s tech working hard to make the whole system operate smoothly.
What Are the Benefits for Cardholders?
The perks you get as a cardholder depend on the specific program your provider offers. Some of the rewards and perks you can expect, include:
- Flexible rewards: Cashback, fee discounts, and even perks like free streaming subscriptions, depending on the partner’s card tier and staking requirements.
- Instant spending: Top up with Bitcoin or other supported assets, and spend at any Visa merchant without hassle.
- Mobile payment ready: Use your card with Apple Pay, Google Pay, or Samsung Pay for touchless convenience.
- Security and control: Easily manage your card, freeze it if lost, and track spending—all in one place.
Should You Make the Switch to a Swipe-Powered Card?
Thinking about switching to a Swipe-powered card? Here’s what you need to know to make the right call.
Swipe’s technology makes spending your coins incredibly easy. Just top up, swipe, and go. With perks like instant crypto-to-fiat conversion, mobile wallet integration, and the backing of the Visa network, these cards are built for convenience and flexibility. If you’re looking to get more out of your tokens in everyday life, a Swipe-powered card is worth considering.
The best rewards, like higher cashback or extra perks, usually require you to stake a specific token. That means your benefits are tied to various asset prices, which can be unpredictable. This is not ideal for conservative investors. Also remember to keep an eye on the fees. Since Swipe now powers cards for other companies, things like foreign transaction fees, ATM withdrawal limits, or monthly charges, are set by the card provider. Some programs are competitive, but others might hit your wallet harder if you’re a frequent traveler or heavy spender.
Bottom line? If you want a simple, flexible way to spend your digital assets, this type of card is a strong choice. Just make sure to check the latest terms and rewards from your chosen provider to see if it fits your spending style and priorities.
Is This Card Right for Me?
If you’re mainly looking for an easy way to spend your crypto on everyday purchases, the Swipe debit card is one of the best choices out there. The cashback bonuses can be a great perk, and it allows you to transact, just like you would with any regular old bank card (almost). However, if you are weary of added fees, it might be best to look elsewhere.
Closing Thoughts on the Brand Powering Your Go-to Cards
Although Swipe is no longer the star of the show, there is simply no denying that the brand continues to play an integral part in bringing digital asset transactions into the 21st century. And, if you’re interested in simple on-the-go spending, it is definitely worth tracking down a provider that harnesses this proven network of technology for their own cards.
FAQs
This card is a crypto card that uses the brand’s infrastructure to facilitate straightforward transactions. It lets you spend your digital assets (like Bitcoin or Ethereum) at any merchant that accepts Visa, just like a regular debit card. When you make a purchase, your tokens are instantly converted to local currency at the point of sale, making it super simple to use your digital assets in everyday life.
You can use your card for online gambling where Visa is accepted, but acceptance isn’t guaranteed everywhere. Some platforms block crypto-funded cards, and you’ll also need to follow any legal regulations about online gambling in your country or state. Always review the gambling site’s payment terms before you play.
Fees are set by the card provider, not Swipe itself. You may encounter transaction fees, foreign exchange fees, or network fees when making purchases, or converting your assets. Check your provider’s fee schedule for the most accurate information.
Swipe’s technology is trusted by major partners, like Binance, and is used to power card programs for millions of users worldwide. Always download the app from official sources and review user feedback for the specific card provider you’re considering.
Yes, cards powered by Swipe use advanced security features, including EMV chip technology and contactless payments, which are highly resistant to fraud and counterfeiting. You can also manage your card, freeze it, set spending limits, or report issues directly from your provider’s app for extra peace of mind.
