We are pleased to announce another successfully completed stage in the development of the new Scopuly mobile wallet - Asset Trading.
The result of this stage is a simple, convenient and intuitive interface for trading assets on Stellar DEX. When designing the architecture and design of the application, the Scopuly team relied on the real experience of working with the Stellar blockchain both at the user and developer levels and interacting with the API and SDK Stellar.
The first screen of asset trading looks simple and displays the most basic statistics for an asset or asset pair.
Enhanced Navigation Features: Effortlessly Manage Assets, Trades, and Liquidity Pools!
The top navigation bar reveals the ability to add an asset to the balance of the selected address or add to the watchlist, as well as a button to buy an asset.
The right menu allows you to quickly navigate to all trades for the selected asset, as well as go to the liquidity pools associated with this asset and you can also check the issuer’s address. A little lower, the address saved after the last trade is displayed and displays current active offers, if any, at the address.
Real-Time Market Insights: Track Price Trends, Active Orders, and Recent Trades
On the second screen, when we scroll down a little, we see a progress bar of the minimum and maximum price of the asset over the last 24 hours. And also a graph displaying the actual trading turnover over the last 24 hours and over the last 30 days.
When we scroll down even further, we can see the active order book for Stellar DEX. This is only part of the depth of the entire list of offers (the top 30 offers), but this is enough to navigate the current prices for buying and selling. The order book is updated in real time.
If we scroll down even further, we get to the block with the latest trades — the history of trades in real time and, if desired, you can go to the entire list of trades.
In-Depth Asset Analysis: Explore Comprehensive Statistics and Issuer Details!
After the list of the latest trades, you can examine in more detail all the more complete statistical information on the asset, as well as learn more about the issuing company and the tokens that were issued under the domain name.
Liquidity Pools Overview: Manage and Optimize Your Investments
And finally, at the very bottom, there is a block with liquidity pools associated with this asset. This displays 7 liquidity pools filtered by APY and last 24h trading volume. By going to the selected pool you can add or remove liquidity for the selected liquidity pool.
Trading Interface: Create and Manage Your Trade Offers
It’s time to move on to the description of the most important thing — directly to the trading itself. When you want to buy or sell an asset, you get to the interface for creating a trade offer, where you can manage the offer type (limit or market), price and purchase/sale amount.
To trade, you need to select the account from which you will make transactions, set the offer parameters and confirm the deal.
If the offer is created, you will receive confirmation of a successful transaction, after which you can check and manage active offers on the account.
Quick Price Setting: Create Offers Directly from the Orderbook
To study the amount of depth and more quickly and conveniently set the price in accordance with the depth of the order book, you can tap on the active offer in the order book and create an offer at the selected price.
Trustline Management: Simplifying Asset Distribution for Issuers
We have also implemented the ability to manage trustlines. This feature is mainly useful for asset issuers in order to conveniently disseminate information about their assets. There is a Trasline button in the top menu. Here you can manually add a token to an account with a zero balance. After that, you can hold, send and trade assets.
To distribute assets, token issuers can go to their asset and copy the web link to their token or share the QR code on social networks. Users will only have to scan such a QR code in the Scopuly application and add the required token to the balance of their Stellar account in one touch.
Conclusion
We have taken a detailed look at the new asset trading interface in the new Scopuly mobile application for iOS and Android. After this milestone, we are moving on to further development and the next big announcement will be the news on Swaps and Liquidity Pools. A little more patience and perseverance and users will receive a new, simple and powerful Stellar Wallet.
Thank you for your choice, faith and patience!
Together we are strong!
🔹 Website: scopuly.com
🔹 Telegram: t.me/scopuly
🔹 Twitter: twitter.com/scopuly
🔹 Medium: medium.com/@scopuly
🔹 YouTube: youtube.com/scopuly
