Aofex

Tap, the First One-Stop-Shop Crypto App, Is to List on Bittrex on December 23

| Updated
by Julia Sakovich · 2 min read
Tap, the First One-Stop-Shop Crypto App, Is to List on Bittrex on December 23
Photo: TAP Official / Twitter

Following the app release, an in-principle DLT approval by the Gibraltar Financial Services Commission and an acceptance onto the STP network, Tap’s token (XTP) is to become available on the Bittrex platform.

Tap is a one-stop-shop crypto app that includes an aggregated crypto exchange (spanning several exchanges to deliver optimum prices), safe crypto storage through insured custodianship, a payment card and all the normal alt-banking features that help tap fulfill its aim to be a truly unified crypto banking solution.

The listing on Bittrex is part of a coordinated mass rollout of the Tap project. As part of this rollout, Tap released an MTO on the STP network on 19th December, the app was made available on Google Play on 20th December and iStore on 22nd December. It will list on Bittrex on 23rd December and expects to complete the in-principle approval requirements and move for a full DLT authorization by early 2020.

With an estimated 42m crypto wallet users with a monthly increase of 735k users per month from Q2 to Q3 2019, the potential market for a unified and trusted crypto banking solution is huge. Tap aims to position itself as the best solution by offering several features that offer both convenience and peace of mind.

These features include easy on/off ramps from fiat to crypto with integrated fiat banking and one-touch exchange to crypto, safe storage through our partnership with BitGo who provide the cold wallets with a $100M cold storage insurance and with a DLT in-principal approval by the Gibraltar Financial Services Commission, multiple exchanges allowing tap to always deliver competitive prices and no FX charges on the TAP payments card allowing global travel without customary punitive banking charges. Once Tap receives a full DLT authorization by the Gibraltar Financial Services Commission, it is well-positioned to become the only regulated unified crypto banking solution offering with multiple exchanges in one app.

“From the beginning, we always wanted to separate ourselves from other crypto projects by combining the listing of the token with a ready to go product. We chose Bittrex as the exchange to list our token as we have always seen them as genuine exchange and trusted with real crypto adopters as customers”, noted Arsen, the founder of Tap.

Altcoin News, Blockchain News, Cryptocurrency news, FinTech News, News
Julia Sakovich
Editor-in-Chief Julia Sakovich

Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.

Related Articles
By Dan Khomenko October 18th, 2021
Guest Posts Investing in Future of Crypto: Banks Turning to DeFi
By Dan Khomenko October 18th, 2021

The Federal Reserve Chair, Jerome Powell, recently stated that his institution had no intention of banning cryptocurrencies. While this is a positive sign for the regulatory future of cryptocurrencies, we are still in a hazy area.