ShapeShift AG is a Swiss-based trading platform and they announced that they obtained Bitfract-a software company that makes possible for users to swap bitcoins into other digital assets in just one transaction.
This tool is really game-changing because it simplifies the most important process of buying. Bitfract will enable investors to rebalance their portfolios in just a few easy steps. The founder and CEO of ShapeShift expressed his satisfaction and explained how impressed he is with the team behind Bitfract and the readiness of the team to deliver an amazing tool that ShapeShift itself wanted to build.
He explained how the team used ShapeShift’s open API in order to create such an amazing product. Now using this tool, users can gain exposure to a cryptocurrency portfolio that is extremely diverse with digital assets without having to spend a lot of money paying fees or spending time because everything happens in one transaction.
The CEO of Bitfract, Mr. Ogorzaly said that they firmly believe in a decentralized future where individuals will have total control over their digital wealth. The tool is great because is very simple to use. With it, users can convert bitcoin into any other cryptocurrency by sending BTC to a company’s address where the link to the open API is contained.
Bitfract has a lot of advantages because of its multiple output transactions that will also be incorporated in the ShapeShift’s platform too. This is also a great opportunity for new startups that are evolving every day especially those who use the open API.
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