TAP

What is TAP

Tap is the one stop shop for anyone involved, or looking to get involved, with XTP. Predominantly, TAP is an exchange app which will let you trade all major crypto exchanges within the TAP app. With one KYC (know your customer) process you can trade a n y supported crypto asset on any major exchange. Complete any trade with a touch of a button and due to the unique way TAP provides liquidity, your trade is executed and fulfilled instantaneously.

TAP provides a seamless link with modern banking facilities and major crypto exchanges. New customers can on-board for free with fiat or crypto currencies.

The TAP app comes with a free TAP card linked to your account. Choose any crypto asset you hold in TAP to fund any card purchase with your TAP card.

The TAP token can be used for discounted fees or staked for better card and user terms. With quarterly TAP token burns (see page 20), TAP token holders will benefit from increased token exclusivity.

Development of the TAP app and infrastructure has been underway for around 2 years. We aim to launch the app at the end of the token sale around the same time as the TGE. We aim to have a fully functioning product with XTP token utility inside the app in 1st quarter of 2019. Laid out in this whitepaper is how we will deliver an app and token with this much functionality.

With an intuitive user interface and broad access to crypto exchanges, the TAP app will make crypto on-boarding and trading far more accessible than previously possible. In time, TAP will become the familiar solution for the entire sector as it will provide unrivalled broad access to tradable crypto currencies whilst simultaneously making them spendable through the TAP card.

TAP’s proprietary middleware does all the hard work for the TAP user. Constantly scanning the prices of crypto trading pairs across all major exchanges as well as crypto to FIAT pairs, it will find the absolute best price with any combination. The middleware can do this across all major exchanges and supported currencies meaning that as TAP’s user base increases, inefficiencies in the market will be eliminated.

Yet, for the TAP user, they will just experience being shown the best price for their trade. TAP believe in one trusted, instinctive and all-encompassing portal where anyone can store, manage and spend any crypto or FIAT asset. To deliver all this with TAP prepaid card convenience allowing users to use any asset to pay for anything, be it a coffee or a holiday. TAP aims to breakdown financial borders and allow any user to send any FIAT or crypto asset to anyone anywhere in the world for free (subject to terms and conditions), and to have that asset instantly available to spend.

We believe our vision is vital to mass adoption of blockchain currencies and is what the crypto sector is crying out for.