Blockmarket Desktop 1.2 Release: In-wallet exchange of 32 popular cryptocurrencies

BlockchainFoundry
3 min readJan 16, 2018

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We are proud to release our latest update of Blockmarket Desktop 1.2 with in-wallet exchanges Changelly.com and Flyp.me. This brand-new feature will bring the Syscoin decentralized marketplace to an ever-widening audience by providing an easy exchange service for 32 popular cryptocurrencies.

In-wallet exchanges are a significant step towards our goal of improving and simplifying the user experience. Using cryptocurrencies they already own, a user can now exchange any of the cryptocurrencies supported by Changelly or Flyp.me directly within the Blockmarket Desktop 1.2 wallet through the Funding Manager.

Funding Manager

Funding manager allows the user to fund Blockmarket with Syscoin directly within the Desktop Wallet using Changelly or Flyp.me without logging in to any service or waiting for any verification. Each exchange supports different coins and has different rates depending on current market liquidity and volatility. This gives the user more choices in funding options, all in one place.

The Funding Manager is a scalable widget within Blockmarket that allows us to add additional funding services and exchanges as we progress. We have plans to continue to add other services such as Fiat-to-SYS exchange support and the emergent decentralized exchange support such as Blocknet and BarterDex.

Changelly

Changelly.com is an instant cryptocurrency exchange providing competitive crypto-to-crypto rates and cryptocurrency purchases through credit card. (Credit Card purchases are not available through Funding Manager). Changelly’s ever-growing roster of cryptocurrencies currently stands at 80+ altcoins.

Operating since 2015, Changelly has attracted over 1.5M registered users from around the world. Currently, the service processes more than 15K transactions daily with a monthly turnover of around 60K BTC.

Changelly offers its API and a customizable payment widget for any crypto service that wishes to increase its turnover. The exchange provides its Affiliate program with a quite appealing revenue share mechanism.

Using Changelly through the Funding manager does not require any personal data other than owning a Syscoin Alias, and does not transmit or share any personal information other than the public sending and receiving addresses.

We were first introduced to the Changelly team by Charlie Shrem. We knew that adding this type of service within Blockmarket, would make it even more amazing. We solidified our partnership with Changelly at Consensus 2017 and the rest is history!

Flyp.me

Flyp.me is a trustless, accountless cryptocurrency exchange created by the people from HolyTransaction. There is no sign-up, no personal data required and no verification process. Flyp.me does not host any wallets, so your coins are not at risk by being held on a third-party service.

We met the HolyTransaction team in 2014 and since then they have provided solid, dependable hosted wallets for Syscoin and the wider cryptocurrency ecosystem. When they introduced the Flyp.me project, knowing their history of security and reliable service we quickly realized that integrating it into the Blockmarket project would be of enormous benefit to all our users.

Flyp.me currently supports 16 cryptocurrencies and are continuing to add more: Bitcoin, Syscoin, Blackcoin, Dash, Decred, Dogecoin, Ethereum, Faircoin, Flyp.me Token, Gamecredits, Gridcoin, Litecoin, Pivx, Peercoin, Creativecoin & Zcash.

Downloads

Windows | Mac

To upgrade, simply install Blockmarket 1.2 over any previous Blockmarket or Syscoin wallet.

Notes:

  • Always backup your wallet.dat or private key before proceeding with an upgrade. Blockmarket 1.2 uses the same wallet.dat file as previous Blockmarket applications and Syscoin Qt wallets.
  • You cannot run two instances at the same time. Be sure to close any running Syscoin applications.
  • Let the application fully sync. You will see recent transactions when the wallet is fully synchronized with the blockchain.
  • Laptops or Computers with a “Sleep Mode” may incorrectly halt the application and corrupt the local database. Do not let your computer go into “Sleep Mode” until you are synced. If this happens, your coins are safe, but you may need to delete blockchain data and re-synchronize.
  • For help or issues, please check our Knowledge Base at syscoin.io

For more information visit Syscoin.org or join us on our Telegram Channels . Slack: join.syscoin.org • Twitter: Syscoin • Facebook: Syscoin
Trade Syscoin at Bittrex.com or Poloniex.com

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