The XOR trick is only cool in its undefined-behavior form:

a^=b^=a^=b;

Which allegedly saves you 0.5 seconds of typing in competitive programming competitions from 20 years ago and is known to work reliably (on MinGW under Windows XP).

Bonus authenticity: use `a^=a` to zero a register in a single x86 instruction (and makes a real difference for compiler toolchains 30+ years old).

For real now, a very useful application of XOR is its relation to the Nim game [0], which comes in very handy if you need to save your village from an ancient disgruntled Chinese emperor.

[0] https://en.wikipedia.org/wiki/Nim