PlutusSwap is the new official name for our crypto-fiat swap feature, replacing PlutusDEX.

21 Jun 2023, 16:55
PlutusSwap is the new official name for our crypto-fiat swap feature, replacing PlutusDEX.

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Pluton
PlutonPLU #1230
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21 Jun 2023, 19:24
Update | Progress on PlutusSwap (21/06/23) To ensure our community remains in the loop, we want to share an eagerly awaited progress report on PlutusSwap! Firstly, we are excited to announce that PlutusSwap is the new official name for our peer-to-peer crypto-fiat swapping feature within the Plutus app. This rename aligns Plutus with the app's long-term direction to provide non-custodial features and aims to appeal to a broader mass-market audience. EEA Customers Currently, PlutusSwap is temporarily disabled as we focus on optimising its performance and incorporating new features that will enhance your user experience. We want to ensure that when PlutusSwap returns, it does so with enhanced liquidity, a seamless user interface, robust infrastructure, and higher limits. PlutusSwap will be reintroduced in Q4 for EEA customers, which is a revised timeline from the previously forecasted Q3 re-launch. This adjustment prioritises the transition from our legacy card provider to our new and improved Modulr card programme without any disruption. The new service starting this month offers exciting benefits, including Virtual Cards, Apple/Google Pay support, higher card limits, and a unified card/account balance. UK Customers As for our UK customers, the return of PlutusSwap is contingent on obtaining our FCA license. While the approval process is time-consuming, we are pleased to report good progress with an FCA representative being assigned earlier this year to assist with advancing our application! We will continue to keep our community well-informed as we receive new information on this matter. Read our updated blog for more details here:
Update | Progress on PlutusSwap (21/06/23).
Update | Progress on PlutusSwap (21/06/23) To ensure our community remains in the loop, we want to share an eagerly awaited progress report on PlutusSwap! Firstly, we are excited to announce that PlutusSwap is the new official name for our peer-to-peer crypto-fiat swapping feature within the Plutus app. This rename aligns Plutus with the app's long-term direction to provide non-custodial features and aims to appeal to a broader mass-market audience. EEA Customers Currently, PlutusSwap is temporarily disabled as we focus on optimising its performance and incorporating new features that will enhance your user experience. We want to ensure that when PlutusSwap returns, it does so with enhanced liquidity, a seamless user interface, robust infrastructure, and higher limits. PlutusSwap will be reintroduced in Q4 for EEA customers, which is a revised timeline from the previously forecasted Q3 re-launch. This adjustment prioritises the transition from our legacy card provider to our new and improved Modulr card programme without any disruption. The new service starting this month offers exciting benefits, including Virtual Cards, Apple/Google Pay support, higher card limits, and a unified card/account balance. UK Customers As for our UK customers, the return of PlutusSwap is contingent on obtaining our FCA license. While the approval process is time-consuming, we are pleased to report good progress with an FCA representative being assigned earlier this year to assist with advancing our application! We will continue to keep our community well-informed as we receive new information on this matter. Read our updated blog for more details here: https://medium.com/plutus/important-update-plutusdex-paused-eea-99f8d2747723