We are excited to announce our second release for BlockEQ’s Android wallet! This brings the app out of Beta and comes with many major new features.

Decentralized Peer-to-Peer Trading

Both the desktop (macOS/Windows) and iOS wallets support trading on Stellar’s decentralized exchange. This allows you to trade tokens without having to trust anyone with access to your funds. Each trade costs a network fee of 0.00001 XLM — less than 1,000th of a penny.

The trading view displays the best exchange rate with an order book of the top 5 buy and sell orders for the selected trading pair. You can submit trades at market rate or submit an offer to the network at your desired rate.

BlockEQ Android trading

Add & Remove Stellar Tokens

By entering the asset’s code and the issuer address, you can add trust lines to any token on the network. There are more than 3,000 tokens on Stellar!

Exchange Address Recognition

Exchanges that list Stellar Lumens (XLM) use the Memo field to help differentiate between customer accounts. When users are sending XLM to an exchange, they are asked to provide a Memo so the exchange knows which account is receiving funds. The Memo could either be a Memo ID (numbers only) or Memo Text (alphanumeric- numbers and letters).

We have compiled a list of 20+ exchanges that accept Stellar Lumens and identified whether they require Memo ID or Memo Text. When you try to send funds to one of these exchanges, their address is identified and the appropriate memo type becomes a required field.

Diagnostic Tool & Support Emails

Under settings, there is now the option to send a diagnostic report and a support email to our team, so we can quickly identify and fix any issues, bugs, or answer your questions.

Mnemonic Spellcheck

When recovering your wallet using a mnemonic phrase, we do a quick spellcheck on your words to make sure there are no typos or extra words. That way recovery is a much easier process. You won’t have to worry about failing to recover your wallet with the wrong words.