Sweat Economy: DeFi crypto-to-crypto trade is launching to all Sweat Wallet users

By MakeItReal | MakeItReal | 23 Nov 2023


 

Hello HODLers,

Here is an in-depth look at the latest integration launched by Sweatcoin, a Move2Earn project that I have been following for years and which allows you to earn Sweat simply by walking.

While you’ve already been able to walk into crypto without any financial investments with Sweat, now you can take it one step further by building and growing your portfolio right in your wallet.

Thanks to the latest integration with Orderly Network, you can now exchange your balance to $USDT, $ETH, $WBTC, $NEAR, and others without ever leaving your Sweat Wallet — all with a minimum trading volume of $1.2 USD. This is one of the lowest in the industry, and it sets the stage for crypto-curious users to start trading without any experience.

Keep in mind that this is rolling out gradually over the next few weeks, so keep checking Sweat Wallet to access the feature.

Earlier in Dec 2022, Sweat Economy launched the Buy feature in the app to enable you to buy $NEAR or $SWEAT in the Sweat Wallet seamlessly via Moonpay. Since then, the Team has been developing the Trade feature for 9 months and testing for an additional 4+ months. In addition to testing for bugs and feature stability, we explored heavy testing around fees, which required a detailed understanding of economics, but they made it!

Now, Sweat is launching Trade as a crypto-to-crypto swap via Orderly Network. You don’t need to transfer your $SWEAT to any third-party platform to perform a trade, which makes it faster, more secure, and allows you to expand your crypto portfolio in one app.

With one of the lowest trading limits in the industry, Sweat is making it really easy for crypto-curious users to start buying and selling tokens right from their Sweat Wallet.

The feature is currently in Closed Beta, so right now, they're rolling the feature out gradually, so if you still don’t see it in your Sweat Wallet, check back throughout the month. Everyone should have full access soon.

What can you buy and trade from your Sweat Wallet?

  • $USDT
  • $ETH
  • $WBTC
  • $NEAR
  • $REF
  • $WOO
  • $AURORA
  • $SWEAT
  • $USDC*

What are the fees?

The fees for trading $SWEAT are set at 30%. This fee is optimized to ensure the long-term health and benefit of the SWEAT community. The fee for trading all other tokens are set at 3%. Fees are subject to change. To stay involved, join the convo on Discord.

All fees are included in the quote you’re given, so keep that in mind when you go to buy or sell tokens.

Why is Trade DeFi?

Most mobile wallets use centralized exchanges to support their trade feature, but at Sweat Wallet, they have a commitment to the community to offer decentralized swapping and transparent pricing, giving you more control over your $SWEAT.

How much $SWEAT do you need to trade?

You only need a minimum of about $1.2 USD to start trading, but check your Sweat Wallet for the most updated minimum balance required.

How to Trade

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Click on “Trade” from your home screen

  1. Select asset to buy and input quantity
  2. Select your payment method
  3. Click “Get your quote”
  4. Review the latest quote
  5. Swipe to purchase
  6. Sit back and wait for the transaction to complete

After a trade is completed, head to your Portfolio to see the updated balances. 

*$USDC on NEAR is currently bridged over the Rainbow Bridge from Ethereum. Just like a bridge helps you cross from one place to another, a bridge in blockchain refers to a way to connect two disconnected blockchains.

Ready to manage and enrich your portfolio right in your Sweat Wallet? Open your wallet and start trading today.

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1. Torum – The #SocialFi ecosystem for crypto enthusiasts where you can earn everyday!
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Torum is the world’s largest Web3-driven SocialFi ecosystem that is specially designed to connect cryptocurrency users.
The Web3.0 ecosystem is built on a social media platform, integrated with a yield farming platform for DeFi investors (Torum Finance), an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.
You can earn XTM daily on Torum Social Network completing missions like "write a post", "like 5 posts", "daily login", "interact with the platform for 7 days straight", "accumulate 50 followers" and many others!
XTM is the utility token of Torum ecosystem and it's now listed on exchanges like Kucoin, Huobi, Uniswap and Pancakeswap.

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LayerAI is the ZK Layer-2 blockchain that powers the AI revolution. LayerAI (LAI) is a ZK Layer-2 blockchain that that monetizes the AI & data revolution.  This blockchain protocol uses a low-cost, secure, safe, and private zkRollup technology to turn data into a valuable asset - used in AI models to power value creation in many industries. LayerAI is building a sustainable ‘to earn’ ecosystem that pays users for contributing data that is then sold in the global data marketplace. Here you can find the official website: http://layerai.org/

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Download LayerAI and start earning as you live: https://app.layerai.org/referral?code=D3LWL20 or use my code to sign up: D3LWL20

Thanks,
Keep Calm & HODL.
MakeItReal

 

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MakeItReal
MakeItReal

🎓Master's degree in Strategic Management 👑Torum Ambassador 📳Admin of Torum Official Italian Group on Telegram 📳Admin of Hard Rock Crypto on Telegram


MakeItReal
MakeItReal

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