The Dyor Android app has finished beta testing and is now publicly available.
Dyor exchange has publicly released an Android mobile app with built-in features such as wallet swap, bridging, asset management and crypto token tracking.
The social crypto exchange, now available on Google Play Store, presents a “decentralised crypto investing platform with simple, transparent and non-custodial alternatives for investors turning to DeFi from the chaos of traditional crypto exchanges,” Dyor exchange CEO and co-founder Markuss Jonans said in a statement.
The app was released in closed beta earlier in 2023, but this is the first time the Android version has become publicly available to the general public. An iOS version is due to be released soon, according to reports.
Dyor exchange had over 600,000 users registered on its waitlist, a number that grew in the recent months. The app uses a Tinder like approach to investing, allowing users to swipe-right on the crypto tokens they wish to invest in.
Offering self-custodial wallet services which are permissionless and secure, the app offers access to multiple chains including Ethereum, BNB Smart Chain and other Ethereum Virtual Machine (EVM) compatible infrastructures in a single social-wallet.
Markuss said that in order to make it competitive, the platform also offers lower fees than its on-chain and centralised exchange competitors such as KuCoin, Binance and more, with 30% of the platform fees returning back to its community that stake its native token DYOR.
“We’re excited to announce that the wait is finally over, Dyor that also acts as a social app will allow users to connect and engage, as well as access features such as flow trading and more,” Markuss said. “Users can download the app and with a few clicks, discover new tokens, access latest news and invest or manage your crypto investments,” he added.
The company expects to onboard at least 100,000 active users from its initial waitlist onto the mobile app, as it emphasises the importance it attaches to simplicity and social interaction.
“A step in the right direction, we aim to continue making developments and keep getting closer to the much anticipated token launch of our native utility DYOR token,” said Markuss. He added that Dyor’s android app was one of the most requested items the team has been asked for and is expecting the demand to be high.
Dyor’s newly launched mobile app also offers social and news-feed for traders integrated from over 129 credible sources like CoinDesk, allowing them to keep up-to-date with news within the market.
Using methodologies from a combination of trading apps like Robinhood and dating apps like Tinder, Dyor merges social interaction and trading under one approachable umbrella.