Trading fees play an important role when it comes to the selection of a cryptocurrency trading platform. At present, the market is flooded with an array of crypto exchanges which promise to offer the best facilities to their clients. While some crypto exchanges manage to earn the name from a majority of investors with their high standards of security and trading features, on the other hand, some exchanges fail to grab the confidence of the clients.
One prominent name in the digital currency exchange arena is ShapeShift, which has become a promising player in the race of top exchanges in the global economy. Launched in 2014, ShapeShift has managed to establish itself as an innovative exchange that fosters instant trading of cryptocurrencies with utmost security and transparency. ShapeShift takes pride in being the only non-custodial virtual currency trading platform studded with unprecedented features like zero commission trading and multiple self-custody wallet solutions.
Earlier in 2015, during the launch of the ShapeShift app for iOS, the exchange handled 13,000 trading orders over a month. However, within a period of three years, the figures rose to 10,000 transactions per day. This makes ShapeShift evolve as one of the best crypto exchanges present in the industry at present.
Why Choose ShapeShift?
- Quick currency exchanges
The exchange of one cryptocurrency to another involves a lengthy process that is not just time-consuming but also quite complicated as exchanges require the fulfillment of certain conditions before initiating the swap. Interestingly, with ShapeShift, it takes merely 10 seconds to conduct a successful conversion. A person needs to fill in the details of the cryptocurrencies to be swapped in the input and output boxes to start the conversion process.
- Free Trading
One of the prime features of ShapeShift is its free crypto trading facility with FOX tokens. It offers comparable rates, top-tier liquidity aided trading engine, accurate real-time market statistics, etc. The platform does not add hidden commission charges or trading fees for the transactions. The users enjoy access to over a thousand crypto exchange pairs with a single account which streamlines the operations in a big way. Also, as the exchange follows a non-custodial model, the owners are always in charge of their holdings at all times.
- Multiple Wallet Options and Cryptocurrencies
ShapeShift allows its investors to utilize three reputed hardware wallet solutions, namely Ledger, Trezor, and KeepKey. The exchange platform teamed-up with Portis software wallet to foster the creation of a new wallet in no time.
It offers support to an array of well-known and trusted cryptocurrencies like Bitcoin, Litecoin, Peercoin, Dogecoin, Darkcoin, Namecoin, Blackcoin, Feathercoin, etc. Such wide offerings spoil the users for a choice of currency during the conversion.
- Hidden Identity During Swapping
ShapeShift exchange platform supports anonymity and so does not require the investors to create an account for executing the exchange. The users do not have to provide an email address, username, or password to avail the services.
- Priority to Customer Support
It is essential for a cryptocurrency exchange to offer the best customer support services to clients to gain their trust. ShapeShift understands this and so has a live chat option which helps the investors in getting quick solutions to the issues.
It will not be wrong to consider ShapeShift’s technology as innovative and revolutionary. The exchange aims to streamline the conversion processes through its high-grade ecosystem designed while keeping in mind the requirements of the customers. So, anyone who wants to enjoy seamless crypto trading for free of cost can surely head towards the ShapeShift crypto exchange!!