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SolSwipe Launches Its First Decentralized Debit Card, Records Remarkable Sale of Its NFTs

SolSwipe Launches Its First Decentralized Debit Card, Records Remarkable Sale of Its NFTs

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The SolSwipe protocol is pleased to announce the launch of its new decentralized debit card. In the project, the first decentralized Solana bank card, which is designed for exceptional use cases, has been introduced to the market.

According to a recent press release, the SolSwipe debit card has earned significant entry into the DeFi space due to its unique simplicity and unique features. The bank card has become the world’s first bank card that can be loaded directly from a cold and hot wallet.

Another great feature of the recently launched Solana debit card is that it allows you to recharge Web3 with Phantom. Phantom is a Solana-based wallet designed for decentralized finance (Defi) and non-fungible tokens (NFT).

The debit card is designed to support SOL/USDC and other major networks such as Ethereum (ETH) and Binance Smart Chain (BSC). In addition, it allows access to more than 200 countries with lower fees than most other crypto payment cards.

Interestingly, the newly launched debit card is globally available and can be used for digital purchases, at a physical point of sale (POS) or at any Visa-compatible ATM.

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In the meantime, it seems​​​​​​ that the team has not backed down on improving the functionality of the debit card, as they have outlined new future plans that would improve its use cases. The team plans to expand the availability of bank cards to different networks within a few months.

In addition, the cards can be linked directly to users’ MetaMask wallets, allowing them to load from BNB and ETH chains in just a few clicks. The announcement further revealed that the team is also exploring the possibility of allowing users to stake their cryptocurrencies to earn rewards, which would be a first for debit cards.

Due to its excellent features, the SolSwipe debit card has earned a pioneering entry into the DeFi space. It’s also an excellent time as more and more people are looking for decentralized options.

The project’s direct deposit function and low fees make it a great choice for those who want to use cryptocurrency for daily purchases.

In this context, it is fair to say that the launch of the decentralized debit card has increased the public’s attention to the project and its NFT cards, after the announcement revealed that it had sold its entire NFT collection (6666 NFTs) at lightning speed.

Holders of these NFT cards are entitled to special bonuses accruing from a certain percentage (up to 20%) of paid royalties and top-up fees, as well as reduced transfer fees (5%) redeemed through the rewards system. . NFT holders also enjoy cryptocurrency or NFT airdrops and premium metallic SolSwipe debit card redemptions.

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