ShapeShift launches decentralized exchange trading on its web platform

This addition has positioned ShapeShift as the first cryptocurrency exchange to offer BTC to ETH trades on a hardware wallet...

ShapeShift launches decentralized exchange trading on its web platform

ShapeShift, a non-custodial cryptocurrency exchange platform, today announced it has enabled cross-chain swaps via THORChain and Ethereum-based DEX trading on their web platform.

These capabilities were previously made available on ShapeShift’s mobile app, and now the web-based functionality opens ETH and ERC-20 DEX trading to a range of hardware wallets, such as KeepKey, Trezor, and Ledger (in addition to Portis and ShapeShift native software wallets) plus enables THORChain trades on the KeepKey hardware wallet and the ShapeShift native software wallet.

The company also added USDT and SUSHI tokens to their THORChain-enabled trades, as well as the ability to hold, send and receive native RUNE on KeepKey and ShapeShift native wallets. RUNE trading is expected to be supported in the coming weeks.

With these enhancements, ShapeShift now offers one of the most complete decentralized offerings on the market; enabling users to scan across multiple DEXs to trade ETH and thousands of ERC-20 tokens; as well as swapping across blockchains to trade native BTC, LTC, ETH, USDT and SUSHI trustlessly via THORChain—all without added commissions or having to supply personally identifiable information.

Users of ShapeShift can select trades across multiple DEXs as well as natively across chains; while also earning FOX Tokens with every trade, qualifying them for Rainfall awards (free USDC rewarded to random ShapeShift users each time someone trades on the platform).

“We are very excited to offer users more options for trading in the manner they prefer—be it on mobile, web, software wallet or hardware wallet, ETH or native BTC, while at the same time providing the best incentives available in DEX trading. We are bringing the DeFi experience together into one, easy-to-use platform; and will continue to add more capabilities in the future.”
-‍ Erik Voorhees, Founder, and CEO of ShapeShift

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