Crypto 101: What is ShapeShift ? (Currency Exchange Service) | Overview & Video (7 Mins) for New Crypto Folks.
What is ShapeShift?
Did you know that ShapeShift Technology is built into Crypto wallet tech already?
You can find it in wallets like the JAXX wallet and the Exodus wallet!
-- Both wallets and others like them, allow you to hold and exchange MULTIPLE CRYPTO CURRENCIES inside it. Very practical and functional.
ShapeShift is a web and API platform formed in August of 2014 to provide instant Bitcoin and altcoin conversion with the maximum level of consumer protection and efficiency.
Users do not have to create accounts, deposit funds, or provide private personal information. This keeps the users safe from identity or financial theft – a critical improvement in exchange technology.
The company has a strict “No Fiat” policy, meaning it does not use banks or political currencies anywhere in its operations.
Investors in the platform: Also godfathers of crypto currency - Roger Ver, and the Digital Currency Group (Barry Silbert)
Notes / Timestamps Today:
Published on Dec 20, 2017
To our amazing ShapeShift customers, we love you and we hear you.
Support timelines have been longer than normal due to a record-breaking amount of people trading and playing in the blockchain space! What exciting times these are.
However, this also means an increase of support needs from users needing help understanding how to use their wallets, making errors with their order, etc. Please watch our PSA to learn more about this current heavy-traffic time and how you can best utilize and be served by ShapeShift. Need to jump to a specific topic? See the below links!
--
-- Current Support Timeline -- 2:05
-- Pro Tip #1: Don't get put to the back of the line! -- 2:52
-- Pro Tip #2: No we don't have a call line -- 3:28
-- Pro Tip #3: About Miner Fees -- 4:19
-- Pro Tip #4: "Quick" versus "Precise" transactions -- 5:38
Submit a ticket to our support team here: https://shapeshift.zendesk.com/hc/en-...
VIDEO:
What is ShapeShift?
Did you know that ShapeShift Technology is built into Crypto wallet tech already?
You can find it in wallets like the JAXX wallet and the Exodus wallet!
-- Both wallets and others like them, allow you to hold and exchange MULTIPLE CRYPTO CURRENCIES inside it. Very practical and functional.
ShapeShift is a web and API platform formed in August of 2014 to provide instant Bitcoin and altcoin conversion with the maximum level of consumer protection and efficiency.
Users do not have to create accounts, deposit funds, or provide private personal information. This keeps the users safe from identity or financial theft – a critical improvement in exchange technology.
The company has a strict “No Fiat” policy, meaning it does not use banks or political currencies anywhere in its operations.
Investors in the platform: Also godfathers of crypto currency - Roger Ver, and the Digital Currency Group (Barry Silbert)
Notes / Timestamps Today:
Published on Dec 20, 2017
To our amazing ShapeShift customers, we love you and we hear you.
Support timelines have been longer than normal due to a record-breaking amount of people trading and playing in the blockchain space! What exciting times these are.
However, this also means an increase of support needs from users needing help understanding how to use their wallets, making errors with their order, etc. Please watch our PSA to learn more about this current heavy-traffic time and how you can best utilize and be served by ShapeShift. Need to jump to a specific topic? See the below links!
--
-- Current Support Timeline -- 2:05
-- Pro Tip #1: Don't get put to the back of the line! -- 2:52
-- Pro Tip #2: No we don't have a call line -- 3:28
-- Pro Tip #3: About Miner Fees -- 4:19
-- Pro Tip #4: "Quick" versus "Precise" transactions -- 5:38
Submit a ticket to our support team here: https://shapeshift.zendesk.com/hc/en-...
VIDEO:
Info source: Shapeshift.io website:
Resharing this one..... This is a KEY everyday thing to understand in the crypto space / markets. So many new people coming daily and posts often also miss people in other timezones..... 2 things I try and remember, to help people and be aware of, thanks.
Thanks for reading, have a nice day.
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
Info source: Shapeshift.io website:
Resharing this one..... This is a KEY everyday thing to understand in the crypto space / markets. So many new people coming daily and posts often also miss people in other timezones..... 2 things I try and remember, to help people and be aware of, thanks.
Thanks for reading, have a nice day.
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Wow... What a revelation for me! I have never heard of this wallet before apart from the common one like bittrex, and the newest one i just heard, Binance but based on your explanation with this app, it worths trying out. I have to read more on that in order to keep my cryptos safe
i appreciate your work friend!
Now my steem blog could change both your life, world and and how you look at the world in a positive way, please follow me, read my blog and comment if you want me to continue my blog
SO much to learn. I wasn't aware of shape shift technology. Great time to be alive... Innovation is the key! Thanks for the education!
Thansk for this post. We are new in steemit. We really need these types of posts. Once again thanks alot for sharing this nice informations about crypto currency
Sadly, ShapeShift does not serve people living in the US state of Washington, but I'm sure it's a marvelous thing. This is one of the most "restricted" states (financially) in the US... and it's all because of the legalization of marijuana (a pretty "progressive" thing) which has caused state laws to clamp down on any payment methods that are not 100% traceable... so the state can collect its fees and taxes.
i will be using shape shift now! thank you. excellent article and video
Great for US residents, I wish they had expanded further out!
UK FTW
Used it couple of time. It was smooth but exchange can be delayed if lot of transactions going in network.