ShapeShift, the popular self-custody cryptocurrency platform, has released mobile versions of its trading app. Android and iOS users can now buy and sell Bitcoin, Ether, and other digital assets on their mobile device. As a self-custody app, users are not required to trust third parties with their private keys.
In a company press release, ShapeShift noted, “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.”
ShapeShift is available in more than 120 different countries. The apps can be downloaded from the Apple App Store or Google Play. After signing in using their email address and password, users will be able to buy and sell Bitcoin, Ether, TrueUSD, Litecoin, DigiByte, and ERC-20 tokens.
Of the release, ShapeShift Founder and CEO Erik Voorhees said, “The ShapeShift crypto platform launched a year ago, bringing proper self-custody digital asset management to the masses. 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.”
Despite the coronavirus pandemic, ShapeShift has been busy in 2020. The company named Lisa Loud Chief Operating Officer in April. The well-known executive previously worked for both PayPal and Apple. ShapeShift also bought Portis in April. The Israeli cryptocurrency wallet company will make it possible for ShapeShift users to log into several decentralized services from a single account.
More information about ShapeShift can be found at shapeshift.com.