Crypto 101: What is ShapeShift ? (Currency Exchange Service) | Overview & Video (7 Mins) for New Crypto Folks.

in #crypto-news6 years ago


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:

https://shapeshift.io/#/coins

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.








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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.

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I find them a bit pricey , But there service is good and easy . They are and will do well I think .

Thanks for your valuable and informative post about crypto,blockchain & so on.We can gather a lot of information by your post.
By dint of, we can increase our skill that is beneficial for all steemians.
I will always visit your site & wait for your upcoming post.
Thanks @ barrydutton.
@Resteem & follow has done.

You have replied to me about 24x now saying resteem and follow has done LOL.

thank you for this wonderful information,how I wish I have good VP, I would have given you 100% for you good post

Lots of thanks for your informative post.
As new a commer I have learned many kinds of currency.
Really great post.
Great to share

Thanks @barrydutton. Hot swapping capabilities are definitely a hot topic for 2018. Shape shift has a good future.

@nycryptotalk

No complaints about the services Shapeshift provide, definitely one of the easiest platforms to use. However their fees are ridiculously high! So if you do use their service just keep that in mind.

I have said the same to people about the fees, regularly here.

I turned down a trade last week when I really wanted to swap something for a bunch of $EOS / $EOS. I love the project and really need more and believe in them.

@eosio / @dan / @dantheman will change the world.

Again.

This is how Bitcoin will hit 100k - Explaining Free Money, Hyperinflation, & U.S Dollar Collapse - Helicopter Money Drop https://d.tube/v/josearteaga/jangu5wl

Try making comments about someone's actual post. You will be flagged for this spammy behaviour.

The fees on shapeshift and changly are crazy high.. Well I have noticed of late withdraw fees on a lot exchanges are just stupid high

Shapeshift is brilliant, and built right into the Exodus wallet!

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