Self-custody crypto platform Shapeshift has launched a mobile trading app for iOS and android users to buy and sell digital assets such as Bitcoin (BTC) and Ether (ETH) without trusting their private keys to a 3rd party.
The app which only requires users to use an email address and password to sign in with currently supports BTC, ETH, Litecoin (LTC), DigiByte (DGB), TrueUSD TUSD and ERC-20 tokens. Shapeshift CEO and Founder Erik Voorhees stated the mobile app will give users self-sovereign finance anywhere:
“As traditional financial systems become increasingly tenuous, Bitcoin offers refuge and empowerment. We’re here to make it easy.”
Shapeshift states that users from all 120 countries, including the U.S. have access to the app:
“Our new app gives you the power to trade with competitive rates & buy Bitcoin in 120+ countries, all while enjoying self-custody of your crypto.”
The app is a culmination of six years of development and also allows users to purchase Bitcoin with a credit or debit card.
It’s not perfect
Although the app has been launched in full, multiple users reported bugs to the company via Twitter:
Shapeshift is growing fast
Shapeshift have made multiple announcements this year despite the difficult conditions created by the COVID-19 pandemic. In February this year, the company announced the hire of former Apple engineer and PayPal executive Lisa Loud to COO as part