ShapeShift.io, an instant exchange service Bitcoin and Altcoin, has partnered with CoinPayments.net, a cryptocurrency system for merchants, through the integration of ShapeShift API. The integration feeds the CoinPayment platform to allow merchants to receive various cryptocurrencies and exchange them automatically for their digital assets of choice.
Information on CoinPayments
CoinPayments provides an easy-to-integrate cash system for cryptocurrencies like Bitcoin and Litecoin at low costs. The website has a community of over 12,000 merchants in 140 countries. Integrate with your site in minutes with the Pay Now buttons, 25 popular plug-ins for purchases and convenient price calculations in 23 fiat currencies.
CoinPayments has shown an outstanding example of how the Shapeshift API can be used efficiently. Alex Alexandrov, CEO of CoinPayments, commented:
"We are thrilled to offer simple, frictionless conversions to our customers using the ShapeShift API – this partnership brings us one step closer to a system where customers can pay in whatever currency they choose and sellers settle into what they find cheaper for their business ".
Developed to be used primarily as an API service, the popular integration of cryptocurrency exchange with CoinPayments is one of the many partnerships Shapeshift is trying to build.
The founder and CEO of ShapeShift.io Erik Voorhees said:
"CoinPayments is the main processing software for altcoin merchants and has built a substantial customer loyalty on its platform.With ShapeShift which now provides seamless conversion to Bitcoin, CoinPayments can scale faster and automatically support the growing coin pool digital versions of ShapeShift. "
Shapeshift.io is one of the simplest and easiest to use exchanges that offers its users the opportunity to exchange their cryptocurrencies without even owning an account. The business model used by the exchange was one of the most innovative in the industry and users grow from day to day.
Outside of the API offer, ShapeShift.io offers an intuitive and easy-to-use site exchange for immediate and direct use of consumers, where Bitcoin for other major cryptocurrencies can be easily negotiated.
Press release and images provided by Shapeshift.io