Functionality of the S-Wallet mobile app

S-Wallet ($SWP)
7 min readAug 22, 2022

--

The S-Wallet mobile app is a modern and technologically advanced app that gives you access to the most popular crypto and fiat assets right on your smartphone.

Smartphone users spend most of their time on mobile apps, as they are more convenient and secure than the web versions of the apps. The crypto world is no exception. That’s why the S-Wallet team has developed a cryptocurrency mobile app whose functionality covers all users’ needs.

With the S-Wallet mobile app, you can securely store, buy, transfer and receive cryptocurrency, exchange assets and earn passive income with the help of a steaming program.

In this new article, we will tell you how to get started with S-Wallet mobile app, as well as detail all the functionality of the mobile app and its main benefits.

Quick and easy registration in S-Wallet

The first thing you need to do to get started with S-Wallet is to download the app from the App Store or Google Play.

Download on iOS

Download on Android

After downloading the app, you either need to sign in to your existing S-Wallet account, or create a new one if you’ve just decided to join the ecosystem.

To log in to your existing account, you will need to follow these steps:

1️. Enter your login.

2. Enter your password.

3️. Click on the “Sign in” button.

4️. Enter the 2FA code you will receive in your email or Telegram bot.

To create a new account, you need to follow the steps below:

1️. Click on the “Sign Up” button.

2️. Enter a name.

3️. Enter a surname.

4️. Enter e-mail.

5️. Enter password.

6️. Mark the agreement to the terms of use.

7️. Click on the “Submit” button.

8️. Confirm your registration at the post office.

Registration process in S-Wallet mobile application takes no more than 5 minutes, after that you will have quick, convenient and safe access to your finances.

Functionality of S-Wallet mobile app: receiving, sending, exchanging currencies and SWP staking

The functionality of the mobile app allows each user to securely store any necessary assets in a single vault without having to go through various registration steps, maintain multiple accounts or remember many access codes.

In addition to the ability to store assets, the mobile app allows you to receive, send and exchange crypto and fiat assets, as well as passively earn money through the staking program.

Sending currencies to S-Wallet

The asset sending feature in S-Wallet allows users to send fiat and cryptocurrency to other wallet addresses. The functionality works very simply.

1️. Open the “Send” section.

2️. In the “Currency” field, select the asset you want to send.

3️. Select the transfer network depending on the selected asset.

4️. Enter the recipient’s address.

5️. Enter the amount to be sent.

6️. Click on the Send button.

7️. Go through two-factor authentication to confirm the transaction.

The process of sending currencies in the app takes up to two minutes with no delays or glitches.

Receiving assets in S-Wallet

The S-Wallet mobile app allows you to quickly and conveniently receive cryptocurrency from another wallet.

We present you a step-by-step algorithm of actions.

1️. Open the “Receive” section on the wallet dashboard.

2️. Select the currency you want to receive.

3️. In the “Transfer network” column, select the transfer network for the currency you have selected.

4️. Copy the wallet address or scan the QR code from the wallet application from which you will make the transfer.

Recharging your balance with S-Wallet

With S-Wallet mobile app, you can quickly top up your account balance in fiat currencies: USD and EUR via S-Wallet and Perfect Money payment system.

1️. Click on the “Top-up” button on the main S-Wallet dashboard.

2️. Select the fiat currency you want to add to your balance.

3️. Enter the amount you wish to top up.

4️. Select a payment system: S-Wallet or Perfect Money.

5️. Click on “Next”.

6️. If you deposit through the payment system S-Wallet, you only need to scan the QR code or copy the wallet address to send currency to it.

7️. If you top up through the Perfect Money payment system, you need to confirm the action in a pop-up window and continue the transaction.

Cross-chain currency exchange in S-Wallet

The S-Wallet mobile app enables users to make currency exchanges at any time with guaranteed liquidity.

The exchange functionality works very simply. To do so, you need to perform the following steps:

1️. Open the “Exchange” section.

2️. In the column “Give” select the currency you want to exchange.

3️. Enter the amount to exchange.

4️. In “Receive” select the currency you wish to receive.

5️. Click on the “Exchange” button.

6️. Go through two-factor authentication to confirm the operation.

Let’s look at the technical scheme of currency exchange, using BTC > USDT exchange as an example.

1️. User creates an exchange request.

2️. A request is sent to the security system to verify the validity of this exchange.

3️. If the response is successful, the user’s BTC account is charged.

4️. BTC is sent to the BTC liquidity pool cluster.

5️. A request to check the availability of the required amount of USDT according to the current exchange rate of BTC in the USDT liquidity pool cluster.

6️. When the required volume of USDT is available, a request is sent to the security system to confirm the exchange.

7️. After successful confirmation, funds are sent to the user’s USDT balance.

The described algorithm of actions is worked out to perfection and realized in less than 1 second, so that each user will have only positive emotions while using S-Wallet.

SWP Staking

The S-Wallet mobile app implements the functionality of SWP staking and getting up to 80% returns. You can send assets to staking for 30/60/90 days with returns of 60%/70%/80% respectively.

To send SWP tokens to staking, you need:

1️. Go to the “Staking” tab in the S-Wallet mobile app.

2️. Select the period while the assets will be placed in staking (30/60/90 days).

3️. Enter the amount of SWP tokens you want to send to the stack. The minimum amount is 200 SWP.

4️. Click on the “Confirm” button.

Important. The SWP staking program is not available at the moment.

Advantages of S-Wallet mobile app

Despite the large number of cryptocurrency wallets on the market, they all have vulnerabilities in terms of security, support for required cryptocurrencies and fiat payments, speed, convenience and user experience.

The S-Wallet mobile app is designed so that ecosystem users do not face the above issues. Let’s take a look at the main benefits of the S-Wallet mobile app.

1. Enhanced security level. The security of the S-Wallet app at the user level is ensured by several layers of security:

  • Touch ID and Face ID at login.
  • KYC procedures to ensure that app users are using crypto-assets legally.
  • 2FA (Gmail, Google Authenticator, Telegram) when logging into the account, as well as for any financial transactions.
  • A robust data protection system with increased levels of control at every stage of financial transactions to ensure the application’s reliability.

Taken together, these features ensure a high degree of user security while at the same time preventing security measures from being overly intrusive.

2. Speed of operation. S-Wallet’s mobile app has fast cross-chain currency exchange, which ensures that the app works consistently in all financial transactions without delays or slippage.

3. Loyalty. S-Wallet provides extremely low fees for all wallet users.

4. Versatility. Full support of popular token standards, including ERC-20, TRC-20, BEP-20 and other standards, making S-Wallet application act as a multi-currency storage for almost all tokens and coins circulating in the market.

5. Banking support. S-Wallet app users can buy fiat and cryptocurrency assets using bank cards and payment systems.

6. Intuitive interface. Even a newbie who has never worked with cryptocurrency can understand the application functionality.

7. All necessary data at hand. The application interface is designed so that users have quick and easy access to all necessary data. There is a convenient and open transaction history with details of all transactions, as well as a clear capital page with statistics and crypto portfolio contents.

The mission of S-Wallet

The mission of the S-Wallet app and ecosystem is to make financial transactions globally available to users in a single platform that is highly functional, secure, convenient and overall user experience.

Download the S-Wallet mobile app now — get a convenient, secure and tech-savvy crypto-world right on your smartphone.

Download on iOS

Download on Android

--

--

S-Wallet ($SWP)

Easy entry into the world of digital finance. A highly secure and innovative solution for interacting with digital assets, with a utility token in the ecosystem