Self-custody crypto platform Shapeshift has launched a mobile trading app for iOS and android users.
Users can now buy and sell digital assets such as Bitcoin (BTC) and Ether (ETH) without trusting their private keys to a 3rd party.
The app only requires users to use an email address and password to sign in. The app is currently supporting:
Shapeshift CEO and Founder Erik Voorhees stated:
“As traditional financial systems become increasingly tenuous, Bitcoin offers refuge and empowerment. We’re here to make it easy.”
Shapeshift states that users from all 120 countries, including the U.S. have access to the app:
Our new app gives you the power to trade with competitive rates & buy Bitcoin in 120+ countries, all while enjoying self-custody of your crypto. 🦊 Check out a feature overview in our blog: https://t.co/z1MbD84dKb 📱 Explore the app for yourself: https://t.co/cdegYrUSAt pic.twitter.com/He5DEo9ac9 — ShapeShift 🦊 (@ShapeShift_io) July 21, 2020
The app is a culmination of six years of development and also allows users to purchase Bitcoin with a credit or debit card.
Recently, Shapeshift have made multiple announcements despite COVID-19 pandemic.
In April 2020, Shapeshift acquired Israeli crypto wallet Portis. Users will soon be able to log into multiple decentralized finance services from one account.
Recently, London-based bank Revolut too added the ability to purchase BTC and ETH via its mobile banking app, announcing that more cryptocurrencies will be added in the future for U.S.-based customers.
European users can also purchase Litecoin, Bitcoin Cash (BCH), and XRP.