Bitcoin has announced the integration of the shapeshift.io tool into their multi-cryptocurrency wallet. The move will enable users to convert bitcoin cash (BCH) to bitcoin core (BTC), and vice versa, within a single platform and without the need to visit a third-party cryptocurrency exchange.
\r\nShapeshift.io is an exchange service that allows users to make simple multi-coin transactions converting cryptocurrencies from one to another. It’s a relatively common application used by a range of cryptocurrencyexchanges and wallets; other wallets that have the shapeshift.io integration include Coinomi.
\r\nIntegrating the shapeshift.io into the Bitcoin.com wallet will provide users with a simple and convenient way to exchange their BTC for BCH, and vice versa, without the use of a third-party exchange. This will help to bring greater liquidity to cryptocurrency markets, as well as reducing fees and speeding up transaction times. No additional personal information is required either, so it offers greater security than using a third-party exchange.
\r\nThe Bitcoin.com wallet is a comprehensive cryptocurrency wallet offering a broad spectrum of features and technologies designed to simplify the use of cryptocurrencies. According to Bitcoin.com CEO, Roger Ver, the long-term aim is to provide a wallet that offers \"a comprehensive bitcoin platform of tools and services\" as well as typical wallet features. This integration represents the next step towards their goal.
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