Shapeshift is a Swiss cryptocurrency exchange platform available on both the web and on mobile devices. Eric Voorhees, who is a dedicated supporter of Bitcoin, founded it in 2013. The Shapeshift exchange is unique compared with others, as it does not collect customers’ funds into company accounts and does not require a registration or any of the user’s personal data, making transactions fast and convenient. The company keeps all of the customer’s assets only in case of a failed exchange, in which case there is no refund claiming for 90 days. When this happens, there is no need to replenish a Shapeshift account, just the addresses of the sender and receiver should be noted. Shapeshift operates only with cryptocurrencies, so there are just three types of transactions: BTC to altcoin, altcoin to Bitcoin or altcoin to altcoin.
The derivatives landscape offers “tantalizing” opportunities for stakers, according to Kent Barton of ShapeShift. But that doesn’t mean there aren’t risks.
ShapeShift report calls ‘staking derivatives’ a potential win-win for PoS users
ShapeShift believes the public perception of a network’s centralization could make or break the current generation of smart contract platforms.
Perceived centralization could kill PoS networks: ShapeShift report
Shapeshift CEO Erik Voorhees believes any asset manager who is ignorant of Bitcoin “needs to seriously check their premises.”
Every asset manager must understand Bitcoin — Erik Voorhees
The benefits of utility tokens could soon stretch beyond payment facilitation and governance capabilities.
Multi-utility tokens to enable Web 3.0 by providing more than financial value
“Dash is technically no more a ‘privacy coin’ than Bitcoin,” according to Perkins Coie. So why did Shapeshift delist it?
Dash objects to ShapeShift culling of privacy coins
An employee allegedly used his credentials at Shapeshift to steal from the company.
Another inside job at Shapeshift cost the company nearly $1 million
Shapeshift have launched their new mobile trading app in over 120 countries, giving users full control of their private keys.
Shapeshift Launches Self-Custody Trading App for Android and iOS Users