Cryptocurrency wallet Scopuly Wallet

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04.09.2019 by
Cryptocurrency wallet Scopuly Wallet

Scopuly universal crypto wallet is already available for all major platforms:

Web: https://scopuly.com

Android:https://play.google.com/store/apps/details?id=com.scopuly.app

iOS:https://itunes.apple.com/us/app/id1383402218

Mac OSX:https://github.com/Scopuly/scopuly/releases

Windows:https://github.com/Scopuly/scopuly/releases

The wallet has the following features:

– Storing SCOP, XLM, BTC, ETH, XRP, BCH, LTC, BNB, EOS and any other Stellar-based assets;

– Near-instant transfers and payments (processing a transaction takes only 3 to 5 seconds);

– Deposits and withdrawals through the fiat gateway using bank cards and various payment systems;

– Multicurrency cross-border payments using the pathfinding technology (automatic search for the optimal conversion sequence);

– Parallel use of an unlimited number of wallets (each wallet can be assigned a unique name);

– Transaction history, wallet import and export, account merging;

– Full wallet syncing on different devices (Android, iPhone, MacOS, Windows, Web);

– Most operations can be completed in 1 or 2 clicks;

– Full integration with the decentralized trading interface: all trades are completed directly from the wallet;

– Participating in IEOs from the wallet;

– Authorization and restoring a wallet using a restore token, seed phrase or a secret key;

– Local key storage — directly on a device or in a QR code;

– Multisig support: you can use two or more secret keys to sign transactions. Even if a criminal manages to steal one of the keys using phishing, your funds will still be safe;

– Contact lists with the option of importing and exporting contacts using QR codes;

– Block Explorer;

– Great UI/UX.

Crypto trading interface

The Stellar network itself functions as a distributed exchange, since the blockchain stores both account balances and all the orders placed by user. The user makes an offer to buy or sell an asset and includes the desired price. The offer is compared with the order book (all open orders), and if a match is found (a buy offer for a sell offer at the same price, or vice versa), then the trade is completed automatically. If there is no match, then the offer is stored in the order book until an opportunity arises to complete the trade. If the user tries to sell an asset they don’t have — or carry out a transaction that exceeds their current balance — then the operation will simply fail.

Advantages over DEXes on other blockchains

Decentralized trading requires a trading client (interface). Scopuly provides such an interface, called Scopuly Trade. It will offer users all the benefits of distributed trading on Stellar:

1) Extremely low fees. To calculate the fee, the base fee (0,00001 XLM ) is multiplied by the number of individual operations that comprise a transaction. Even for a complex transaction, the total fee won’t exceed a tiny fraction of a cent, which is crucial for active traders who open a lot of orders.

2) Speed: trading operations take the same amount of time to process as any others on Stellar (from 3 to 5 seconds) — it’s many times faster than on Ethereum-based DEXes.

3) Security: since all transactions are carried out using Scopuly Wallet, the user retains control of their secret keys. Scopuly doesn’t store users’ keys on its servers.

4) Cross-asset transactions. Scopuly Trade allows one to create new currency pairs in an instant and trade them — even when there are no orders for the chosen pair in the order book. This becomes possible thanks to the pathfinding technology — a key difference between Stellar and other blockchains. Example: Bob wants to sell token A a buy token C, but the order book contains only a few open orders for A-C, all at a poor exchange rate. The pathfinding system finds that Bob can maximize his profit by first using his tokens A to buy asset B and then exchanging it for C. The resulting profit more than compensates for the additional fees. The process is completely automatic.

5) . Trading tokens of a new projects immediately after the emission.

https://scopuly.com/

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