ShapeShift Renew


Anyone who has been involved in the world of cryptography and technologies for a long time should remember the ShapeShift Instant Exchange, which performed the exchange of cryptography without custody.

ShapeShift

Over time, services evolve, new tools emerge, resources are improved. It was no different with ShapeShift, currently elaborating a project based on a token (FOX), which allows its holders to execute without charging a fee. The amount of fox that the user has of the token will determine the volume that can be used in exchange without paying a fee. For example: with 150 FOX it is possible to execute exchanges of value up to approximately 1,600 USD without fee charges, which can be done several times until reaching the estimated value.

Observation: It is possible to create an account with gmail, however for some technical reason the use of this email service makes the use of the app unfeasible, therefore I suggest Protonmail.

Directly Custody-free Exchange Platform

The traditional design for executing cryptographic exchanges without custody was not very different from what was already known, however prior registration is required due to compliance rules.

shapeshift directly exchange

At the time of registration verification you already receive an amount of the FOX token, you access the platform, and for each exchange executed you receive a proportional amount of FOX.

Decentralized Exchange Platform

Decentralized Exchange PlatformIt is on this platform, still in beta version, that the FOX token is used to deduct fees. Initially its use was only possible through connections with KeepKey hardwallets from ShapeShift, Trezor and Ledger, shortly afterwards the possibility of using Portis was added, facilitating user’s access to the platform, without forgetting to add that Portis was acquired by ShapeShift.

Basicaly the platform is a Decentralized Exchange (DEX), which uses the connection with your portfolio to carry out exchanges between the assets of your interest.

ShapeShift Decentralized Exchange

 

ShapeShift app

The application's integration with the Decentralized Platform is under development, but the usage account is the same. Unfortunately, this is where the problem of using gmail to register resides, even if you already have your account created with gmail, access by it is not possible.

ShapeShift App

In the application registration, the traditional keywords (seed) are generated, which you can import if you already have them. In the application you can view the quotes of the assets, the quantity and estimated value, perform an exchange between crypts and access Rainfall, in addition to accessing the traditional settings.

RainFall, where every time someone executes an exchange, a raffle is made between the accounts that have the FOX token in hold and the lucky ones receive proportionally an USDC amount, the more tokens on hold the greater is the probability of being drawn.

It is worth knowing the tool and having a registered account ready and on hand for any eventuality, we never know when we will need a tool and indeed with some advantages.

Your support is important, register in the application through the reference link and guarantee the verification bonus: ShapeShift App Link and Won 5US$

 

 

 

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Thiago Capuano
Thiago Capuano

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