ShapeShift, one of the world’s leading self-custody crypto platforms, launched its much-anticipated mobile app. The app enables users to easily buy, trade, and transfer digital assets such as Bitcoin and Ethereum without trusting a 3rd party to hold their digital keys.
Most major Bitcoin and crypto services are custodial, meaning they hold user funds and can lose them through hacks or seizure. ShapeShift is different: users always remain in control of their keys, and the app is designed to help new users buy Bitcoin and other digital assets and manage them easily and safely.
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“The ShapeShift crypto platform launched a year ago, bringing proper self-custody digital asset management to the masses,” said Erik Voorhees, CEO and Founder, “But, it was only available on the web. The mobile app is here, and with one email and password users can enjoy self-sovereign finance on both web and mobile. As traditional financial systems become increasingly tenuous, Bitcoin offers refuge and empowerment. We’re here to make it easy.”
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For six years, ShapeShift has developed market-making trade technology that provides industry-leading exchange rates and liquidity. This technology alongside real-time market price data is available in the new mobile app. With this app, users can now buy Bitcoin with a credit or debit card, trade into a portfolio of other leading digital assets, and securely transact anywhere in the world from their phone. Users retain full control and custody of their own keys.
In April, ShapeShift acquired Israeli crypto-startup Portis, the leading wallet solution for Ethereum-based “web3” applications. Soon, using this new mobile app from ShapeShift, users can seamlessly log into leading decentralized finance “Defi” services from one account.
ShapeShift’s app is available immediately on iOS and Android, and is the easiest way to get started with digital currency.
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