ShapeShift is a platform that allows users to trade cryptocurrencies whenever they want. In this article, as Kriptokoin.com, “What is Shapeshift?” We will answer the question. In addition, we will touch on other questions about the project.
What is shapeshift? What does it do?
As mentioned earlier, ShapeShift allows users to trade cryptocurrencies whenever they want. In addition, it is a platform that allows them to follow, buy, sell and earn. Unlike central custodians that require users to deposit funds into their wallets and then hold the funds for them, ShapeShift allows users to always maintain control of their assets. All they have to do is connect their favorite wallet or wallet to the platform and start using it. You don’t need to create an account, verify your identity or do anything. Simply link the wallet.
What is FOX coin?
FOX is an ERC-20 token created by ShapeShift that serves as the governance token for the ShapeShift DAO. Token holders can vote on proposals related to the functioning and treasury of the DAO. Cryptocurrency contributes to an unlimited, cross-chain crypto trading platform for the user’s own sovereignty. Helps for portfolio manager.
As the ShapeShift ecosystem expands, users will earn FOX tokens for activities that generate revenue for the DAO through affiliates. The ShapeShift DAO generates revenue and the user earns FOX tokens that can represent entitlement to these revenues. FOX’s total limited supply is 1,000,000,000,337 tokens.
How does Shapeshift work?
ShapeShift is a free, open-source platform that aims to allow users to trade, watch, buy and earn cryptocurrencies. 100% decentralized and community owned. This makes it very private and secure. It does not hold your assets for you, meaning you are the only person who can access them, but also the only person who can properly secure them.
The project is also multi-chain, given the fact that it harnesses the power of THORChain and 0x. This allows it to list 750 tokens and thousands of trading pairs, all of which you can access instantly, without identity, at no additional cost.
What is shapeshift? How to buy FOX coin?
Shapeshift is currently traded on numerous cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. The exchanges that Shapeshift is traded on are listed as follows: MEXC, Gate.io, Huobi Global, Coinbase Exchange. Users who want to invest in the project should open an account on one of these exchanges.