Equitybase and ShapeShift
Equitybase has partnered up with ShapeShift! The integration will enable BASE buyers to participate in the token sale with over 45 different cryptocurrencies on the ShapeShift platform, including Bitcoin, Ether, Dash, and Litecoin.
What is ShapeShift?
ShapeShift is one of the fastest way to exchange cryptocurrencies and blockchain assets there is. With this service, users can exchange cryptocurrencies in a matter of seconds. ShapeShift greatly reduces the risk of funds being stolen and it increases privacy because it requires no account or personal data to use. ShapeShift has a strict “no fiat” policy meaning that it can not be used to purchase cryptocurrencies with credit/debit cards or bank accounts. ShapeShift can be used everywhere except in New York and North Korea.
How does ShapeShift work?
When using ShapeShift, users will choose the currency they would like to exchange and where to send the exchanged coins to. ShapeShift will send the exchanged coins once it receives the payment. The exchange rate used by ShapeShift is derived from several market sources and it always stays the same, regardless of the volume traded.
Users can also choose between Quick and Precise orders. Quick transactions refer to a transaction where the user inputs the receiving address and is given a deposit address from ShapeShift. Using quick order, the user is not required to specify how much of the wanted altcoin is required, as they can deposit whatever they like. The Precise transaction allows a user to receive the exact number
ShapeShift also provides a number of special tools and features like the ShapeShift Lens and Shifty Button. These tools allow users to buy items with any alternative cryptocurrency and to easily receive and exchange altcoin payments as a merchant.