Swipe.io and Crypto.com are two different platforms that deal in cryptocurrencies. They differ in terms of application and are headquartered in different locations.
Key Takeaways
- Swipe.io is a digital wallet and debit card platform that enables users to buy, sell, and spend cryptocurrencies. At the same time, Crypto.com is a cryptocurrency exchange and payment platform offering various financial services.
- Swipe.io offers a 1% cashback reward for every purchase made with the Swipe Visa Card, while Crypto.com offers various rewards and benefits through its native token, CRO.
- Swipe.io is a better option for users who want to use their cryptocurrencies for daily transactions and earn cashback rewards. At the same time, Crypto.com is more suitable for traders and investors who want to access a wider range of financial services.
Swipe.io vs Crypto.com
The difference between Swipe.io and Crypto.com is that the former is headquartered is based in the Philippines, although it also has offices in the Uk, the US, Singapore, and Canada. On the other hand, the Crypto.com trading network is headquartered in Hong Kong and boasts a global clientele of even more than 5 million people.
Swipe has created a debit card and wallet feature that enables users to spend cryptocurrency in fiat currency whenever they want.
They provide all the typical investment services, such as an exchange, an application, a CRO Checking account, income and credit (borrow and loan), investment goods, and payment options.
Comparison Table
| Parameters of Comparison | Swipe.io | Crypto.com |
|---|---|---|
| Significance | Swipe seems to be a cryptocurrency wallet that allows users to purchase, sell, and spend with their digital currencies. People all across the world can use the Swipe Wallet as a fiat on/off gateway. | Crypto.com is just a crypto and transaction platform that offers various services targeted at increasing the usage of cryptocurrencies. The program currently provides MCO Visa cards, a wallet, and asset building systems. |
| Acquired By | As most of the people in the crypto world know, swipe.io is acquired by Binance. | On the other hand, crypto.com isn’t acquired by Binance yet. |
| Crypto-to-Fiat | Swipe.io gives its customers Crypto-to-Fiat debit cards for any kind of transaction. | Whereas Crypto.com also provides debit cards, but they aren’t crypto-to-fiat type. |
| Headquarters | Swipe Wallet is a banking and finance company based in London, United Kingdom, with offices in the United States, Estonia, and the Philippines. Its objective is to provide customers all over the world with access to banking services related to digital cryptocurrencies. | Crypto.com’s headquarters are in Hong Kong, Hong Kong, and the company has one office in one country. |
| Deflationary Token | Swipe is considered to be a Deflationary token. | On the other hand, MCO isn’t considered a deflationary token by most people. |
What is Swipe.io?
It’s a cryptocurrency mobile wallet with a Visa card and plenty of other services like Exchange, Credits, Wallet, and more.
Swipe is a mobile payment and Visa debit card feature that enables users to purchase, sell, and trade cryptocurrency. Swipe is based in the Philippines but also has offices in the United Kingdom and Estonia, serving European customers.
Swipe Wallet users may purchase, sell, or spend in fiat using their cryptocurrencies straight from the mobile wallet. Customers also can buy gift vouchers and swap all accepted cryptocurrencies in real time.
What is Crypto.com?
Crypto.com is a cryptocurrency startup that started in 2017 by supplying VISA-enabled contactless payments. It has now extended its service offerings in various directions.
MCO and Crypto.com Coin, or CRO, are the two coins used by Crypto.com (previously known as Monaco). Based on the terms of market capitalization, these tokens are highly ranked on CoinMarketCap.
Crypto.com’s latest token is CRO. It’s predicated on the ERC-20 token standards as well. It’s designed specifically for use as a trading and settlement method on the corporation’s blockchain.
Main Differences Between Swipe.io and Crypto.com
- Swipe Wallet is a banking and finance company based in London, United Kingdom, with offices in the United States, Estonia, and the Philippines.
- Swipe is considered to be a Deflationary token. On the other hand, MCO isn’t considered a deflationary token by most people.
- https://heinonline.org/HOL/LandingPage?handle=hein.journals/clr118&div=66&id=&page=
- https://www.proquest.com/openview/622514ee7cac4a06e0d7f415fc471800/1?pq-origsite=gscholar&cbl=28945
Last Updated : 13 July, 2023
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Chara Yadav holds MBA in Finance. Her goal is to simplify finance-related topics. She has worked in finance for about 25 years. She has held multiple finance and banking classes for business schools and communities. Read more at her bio page.
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