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

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

Thanks to our 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, we launched the Buy feature in the app to enable you to buy $NEAR or $SWEAT in the Sweat Wallet seamlessly via Moonpay. Since then, we’ve 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 we’ve made it!

Now, we are 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, we’re making it really easy for crypto-curious users to start buying and selling tokens right from their Sweat Wallet.

We’re currently in Closed Beta, so right now, we’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, we 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

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. Have questions? Check out our FAQs.

*$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.