BitPay Gives Vote of Approval To Altcoins, ShapeShift
Leading Bitcoin payment processor, BitPay, recently endorsed an innovative Bitcoin company, ShapeShift. In a blog post, the company described how one could use ShapeShift to pay for things in crypto-currencies other than Bitcoin through BitPay. ShapeShift CEO Erik Vorhees calls the website, “the Google Translate of crypto-currencies” referring to how easy it is to transfer from one crypto-currency to another. BitPay mentions crypto-currencies and blockchain tokens like DASH, Ether and Namecoin in a subtle endorsement of sorts. BitPay lent its vote of approval to the exchange in a blog post....
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The main reason why BitPay is promoting this solution is due to the instant conversion process offered by Shapeshift. Rolling out new and innovative features in the world of Bitcoin payments is an absolute must. Cryptocurrency enthusiasts can now pay BitPay invoices by using the Shapeshift.io platform. This allows users to use any of the platform’s supported currencies to pay invoices denominated in Bitcoin. A big step forward for the cryptocurrency ecosystem as a whole. BitPay and Shapeshift Show Altcoins Some Love. Most cryptocurrency enthusiasts know the Shapeshift.io platform as a....
Users of Vaultoro are now able to purchase physical gold with Bitcoin and 35+ altcoins, including Dogecoin, Litecoin, Namecoin, Monero and others. The bitcoin gold exchange integrated the ShapeShift API on June 3. Vaultoro’s integration of ShapeShift and the “alt-coin” deposit function makes Vaultoro the world’s first gold exchange to accept both bitcoin and altcoins. “We were wanting to offer multiple altcoin payment options to customers and ShapeShift.io was the perfect answer. Their API is elegant and was so simple to incorporate into our platform.”
Cryptocurrency exchange platform ShapeShift.io recently added NXT - a 100% POS cryptocurrency with a market cap of around $17 million. Offering users the ease of converting between multitudes of cryptocurrencies without requiring an account, ShapeShift is now attributing the same liquidity to NXT - a step which brings this digital currency a little towards user and merchant adoption. Over time, NXT developers have offered industry with a range of new and innovative features, the 'Monetary System' being one among them. ShapeShift, who itself is considered very selective when it comes to....
OpenBazaar, the decentralized e-commerce platform, has partnered with ShapeShift allowing users to buy products with their favorite altcoins. OpenBazaar: Altcoins Now Accepted. OpenBazaar has announced the release of its 1.1.10 version. The new integration of the Shifty Button, a free to use and open-source tool created by ShapeShift, now allows customers to buy products with various altcoins such as Monero, Ether and over thirty others. The new option might certainly come in handy for users wanting to hold on to their bitcoin as it shoots past $800. OpenBazaar CEO Brian Hoffman states:....
Instant cryptocurrency exchange service ShapeShift has launched a new service aimed specifically at simplifying payments across different currencies. ShapeShift Lens allows Bitcoin payments to be sent using a range of altcoins, with the conversion handled automatically once payment has been submitted. The result allows any Bitcoin invoice, including those from merchants such as Amazon or Overstock, to be paid, for example, in Dogecoin or Litecoin. The free tool is currently available on Google Chrome Webstore, and features a plugin with which users may access the convertor. Once installed,....