Most major Bitcoin and crypto services are custodial, meaning they hold user funds and can lose them through hacks or seizure. ShapeShift is different: users always remain in control of their keys, and the app is designed to help new users buy Bitcoin and other digital assets and manage them easily and safely.
“The ShapeShift crypto platform launched a year ago, bringing proper self-custody digital asset management to the masses,” said Erik Voorhees, CEO and Founder, “But, it was only available on the web. The mobile app is here, and with one email and password users can enjoy self-sovereign finance on both web and mobile. As traditional financial systems become increasingly tenuous, Bitcoin offers refuge and empowerment. We’re here to make it easy.”