Shapeshift.io continues it’s rapid rollout of new partner agreements by partnering with Vaultoro, a platform that allows physical gold to be traded with Bitcoin.
Vaultoro’s integration of the ShapeShift API allows users to trade gold with various cryptocurrencies such as NXT, Dogecoin, Monero, Dash, Namecoin and several dozen others.
“Cryptocurrency, like gold and silver, is real money because its value comes from the market, not from government diktat,” said Erik Voorhees, ShapeShift CEO and Founder, “With this integration, it’s now easier for people all over the world to trade between these forms of real money, and avoid fiat currencies entirely.”
“We were wanting to offer multiple altcoin payment options to customers and ShapeShift.io was the perfect answer. Their API is elegant and was so simple to incorporate into our platform,” said Joshua Scigala, Co-founder of Vaultoro.com, “ShapeShift makes it seamless for someone to send us say, dogecoin or litecoin, and it gets instantly converted to bitcoin and sent to the user’s Vaultoro account.”
I'm markets editor and journalist for DFN. I've been involved with crypto for over 4 years and am an enthusiastic advocate.
At DFN I try and combine my knowledge of markets with my knowledge of crypto to give a good overview of changes in the financial aspects of cryptocurrencies.
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