This 7 days we wished to enable our wallet buyers know that we are sunsetting the Shapeshift API in the Bitcoin.com Wallet. The trading system Shapeshift has resolved to change the firm’s enterprise product to a membership system that needs the person to post ID/KYC information.
Shapeshift Applies Membership Design
This 7 days you may perhaps have recognized that the Shapeshift function in the Bitcoin.com Wallet may perhaps not be doing the job depending on exactly where you are living. Which is mainly because Bitcoin.com has arrive to the final decision to take away the in-wallet swapping support from our Wallet consumer. The Bitcoin.com Wallet is a non-custodial mild consumer that retains each bitcoin income (BCH) and bitcoin core (BTC) in a simplistic and secure fashion. Given that we launched our wallet back again in August 2017 we’ve noticed two.nine million wallets developed so considerably. Our wallet is offered for Home windows, Linux, Mac, Android, iOS, and Android APK allowing any person in the earth the indicates to secure cash that are not held by a 3rd occasion. Adhering to the introduction of our wallet, the crew at Bitcoin.com partnered with Shapeshift and added the coin shifting function to the consumer previous February.
Previous month the non-custodial crypto trading system Shapeshift introduced that the application would introduce a mandatory membership system. The organization has uncovered that the membership system will have to have simple person information in order to benefit from the crypto-to-crypto trading characteristics. The firm has further more specific that wallets making use of the Shapeshift in-wallet support will have to have a just one-time authentication.
“If you are making use of a wallet that integrates with Shapeshift, you will need to have to authenticate after via the wallet to appreciate the advantages of your membership and to then use the http://shapeshift.io support,” defined the firm.
Bitcoin.com Wallet Will No Longer Aspect the In-Wallet Shapeshift Company
Even even though Shapeshift will be needed to use individually identifying Know Your Shopper (KYC) flows, buyers can nonetheless check out the 3rd-occasion web site and nonetheless use Shapeshift with our wallet to trade your bitcoin income (BCH) or bitcoin core (BTC) for an additional cryptocurrency. Furthermore, there are quite a few other non-custodial peer-to-peer exchanges offered for cryptocurrency lovers that our reporter Kai Sedgwick talked about a number of months back.
Our bitcoin-centered mild consumer is steadily approaching three million wallets developed and Bitcoin.com is happy to provide just about every and just about every just one of our buyers. As cryptocurrency wallet suppliers we want to right communicate with our buyers on just about every new function we insert, as nicely as other subjects these types of as our final decision to sunset the Shapeshift API from the Bitcoin.com Wallet. Remain tuned for more updates on our cryptocurrency wallet and other companies we offer in the long run.
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