ShapeShift released the first iOS digital currency exchange application
ShapeShift CEO Eric Voorhees? (Erik Voorhees) is the first by a group of people that bitcoin. Since 2011 Wallis has been bitcoin trading platform for good results, but always made him feel disappointed, because he always takes up his account on the trading platform for a whole afternoon. In order to simplify the process, in 2014 he founded the instant encryption exchange platform ShapeShift.io. Now he has launched the ShapeShift iOS application, which is the first line of the iOS app store The application of digital currency transactions . The user now simply click on their iPhone to bitcoin trading and other 34 kinds of digital currency.
Although this application applies only to iOS, but Wallis said the Android version of the application is to be launched. His seven person team decided to start from the iOS version, because they want to solve the “Big Apple App store”.
Wallis said:
“Bitcoin applications want to obtain the app store approval is very difficult, but this time we apply smoothly.”
He also joked: “I think Steve? Jobs’s ghost will find us, ha ha ha.”
ShapeShift Wallis created for the sake of convenience, but he soon realized that security is one of the best features of a real-time trading platform. Because the ShapeShift does not store any money or user information, so the user does not have to bear the risk of collapse and lose like Mt. Gox bitcoin.
Wallis said:”
ShapeShift is famous, because it does not need to account or register. It is like a vending machine, you only need to login, send a digital currency, then we will send you a different number of currency. Unlike other trading platforms that we must hold customer funds. This is the protection for the consumer, because it does not exist capital loss due to hacker attacks or operators to run away.”
Wallis hope the new ShapeShift application can promote the transaction volume growth. But we can’t tell how much Wallis ShapeShift users, because ShapeShift does not need to register, the user does not track. He said that in May there may be 13000 orders, and the number is 20% in the percentage of the monthly growth. ShapeShift users have been pushing for a mobile application for trading and bitcoin.
Engaged in the digital currency transactions of entrepreneurial companies, the increase in the number of transactions is the key to success. ShapeShift will charge a small fee for each transaction, so only the trading volume increased, ShapeShift can make more money.
Wallis said:
The platform’s profit is very few. If we can get some customers from the global foreign exchange market, it will be enough for us to make money.”