ShapeShift.io, an instant Bitcoin and altcoin exchange service, has partnered with CoinPayments.net, a cryptocurrency checkout system for merchants, through the integration of the ShapeShift API. The integration powers CoinPayment’s platform to allow merchants to receive various cryptocurrencies and automatically trade them for their digital asset of choice.
CoinPayments provides an easy to integrate checkout system for cryptocurrencies such as Bitcoin and Litecoin with low fees. The website has a community of over 12,000 merchants in 140 countries. Integrate with your site in minutes with pay now buttons, 25 popular shopping cart plugins and convenient price calculations in 23 fiat currencies.
CoinPayments proved an exceptional example of how the Shapeshift API can be utilized efficiently. Alex Alexandrov, CoinPayments CEO commented:
“We are excited to offer simple and frictionless conversions to our customers using the ShapeShift API. This partnership gets us one step closer to a system where customers can pay in any currency they choose and vendors settle in what they find most convenient for their business.”
Developed to be primarily used as an API service, the popular cryptocurrency exchange integration with CoinPayments is one of many partnerships that Shapeshift is seeking to build.
ShapeShift.io Founder and CEO Erik Voorhees said:
“CoinPayments is the leading merchant processing software for altcoins and has built substantial customer loyalty into their platform. With ShapeShift now providing seamless conversion into Bitcoin, CoinPayments can scale faster and will automatically support the growing pool of ShapeShift’s digital coins.”
Shapeshift.io is one of the simplest and easy-to-use exchanges that offers its users the possibility of exchanging their cryptocurrencies without even owning an account. The business model used by the exchange has been one of the most innovative in the industry and users are growing by the day.
Outside of their API offering, ShapeShift.io offers an intuitive, user-friendly website exchange for instant and direct consumer usage, where Bitcoin for other leading cryptocurrencies can be easily traded.
Press Release and Images provided by Shapeshift.io