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FTX Exchange Partners With Swipe to Launch Crypto Card

  • Crypto-card and wallet provider Swipe has announced the upcoming FTX card which will be launched in partnership with FTX exchange.
  • Swipe wrote in the announcement “it was inevitable”, apparently copying what Elon Musk famously said before regarding cryptocurrency adoption and Dogecoin.
  • FTX is a crypto derivatives exchange led by CEO Sam Bankman-Fried, while Swipe is a crypto card and wallet provider that is based in the Philippines.

Swipe, an online crypto-card provider giant has announced an upcoming FTX card which will be launched soon. When this happens, Swipe will be the main blockchain-based firm to empower FTX card operations globally.

In line with the announcement, Swipe CEO Joselito Lizarondo said that they are now “powering” two of the world’s biggest exchanges, namely Binance and FTX.

Swipe appears to have been following Elon Musk’s tweets closely. In fact, Swipe wrote in the Twitter announcement that “it was inevitable”, mimicking what Elon said before. Also, Swipe tweeted a photo similar to what Elon and other celebrities posted for Dogecoin.

FTX is a digital asset exchange that has its own native token FTT. Launched in 2019, FTX is led by CEO Sam Bankman-Fried.  The exchange focuses on derivatives and other similar services within the crypto space.

Swipe intends to offer an intuitive crypto banking experience for user-based adoption. It is headquartered in the Philippines.  Unlike other cryptocurrencies, Swipe is both a software and decentralized digital wallet gateway. It enables users to buy and sell by using fiat currency and crypto.  

Collins Adane

Collins Adane is a writer who follows the crypto industry closely. He loves fish stew and Real Madrid. He believes in cryptocurrency’s potential to transform the money landscape in his native country Ghana.

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