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

in #crypto-news7 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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