Articles on: General Questions

What is SWCT Token?



SWCT is a freely convertible token created by the company by the BEP20 standard on the Binance Smart Chain network. SWCT is an improved model of a stable asset that takes into account, corrects, and improves all the known shortcomings of the leading tools for holding funds.

Its main purpose is the ability to safely store your digital assets in terms of volatility, technical and legal. SWCT is also used to make secure, blockchain-tracked, instant financial transactions.

The SWCT development map includes:
Implementation within the S-Group ecosystem
Integration of SWCT in the digital space, presentation on the world's leading platforms.
Maximum distribution, implementation for personal and business use, payment for services, etc.

Main characteristics of SWCT:
- Name: S-Wallet Convertible Token
- Ticker: SWCT
- Consensus algorithm: Proof-of-Stake (PoS)
- Cost: $1
- Blockchain: BSC (Binance Smart Chain)


In addition to global distribution and application in the global financial market, S-Group partners will be able to use SWCT to solve the following tasks:

Create investments in the direction of the company
Receiving profit from investments in the direction of the company
Receive referral and partner rewards Transfers between user accounts
Depositing and withdrawing funds using S-Wallet
Payment instrument for paying for any types of services and investment products of the company.


Fees and limits for withdrawing SWCT from S-Wallet balance:

✔️ Transaction fee is 1 SWCT
✔️ Minimum withdrawal amount is 50 SWCT
✔️ The maximum withdrawal amount is 2 BTC equivalent to USDT.

The main goal and development perspective of SWCT is to provide people with reliable storage and freedom in managing their assets and take a strong place in the global crypto economy.

Updated on: 26/04/2023

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