• Home
  • News & Analysis
  • Live Data
  • Events
Home Blockchain Tech MyCrypto And ShapeShift Look To Adopt Baby Users

Shutterstock

MyCrypto And ShapeShift Look To Adopt Baby Users

-

MyCrypto.com – the controversial startup that forked from MyEtherWallet.com last month – has partnered with ShapeShift.io (an almost equally controversial business, to crypto insiders) to create a product that seems designed to make crypto adoption a little simpler for new users.

In the video below you’ll see a simple shift from Ether (ETH)  to Civic (CVC) performed entirely within the MyCrypto environment, without any need to jump offsite to a third-party.

SIMETRI Research

For a new user (or someone concerned with speed) that could be a significant advantage – the steps that experienced crypto-enthusiasts will take to swap digital currencies can be intimidating (and hard to explain) so anything that makes their experience more simple, more streamlined, and more secure can only be a good thing for mass adoption.

ShapeShift has occasionally been criticized within the industry for providing users with rates that some claim are not as competitive as those that can be found elsewhere, while MyCrypto was in the headlines after what seemed a difficult split between the key personnel of the popular MyEtherWallet.

However, this new partnership clearly demonstrates that CEO of MyCrypto, Taylor Monahan, has big plans for the new company that go beyond the existing community.

In a Medium post dated Feb 8th 2018, she wrote that “I have accomplished things I never thought possible. I love that. It’s hard, but without it I would have no idea of what I’m truly capable of.” The post itself is both a personal, and professional manifesto that anyone whose passion is also their job (or who is launching a business) might care to read thoroughly.

Monahan’s journey toward mass adoption mirrors that of ShapeShift and its CEO, Erik Voorhees, which may explain the partnership. Both philosophically and practically, their decision to make it easier for more people to enter the crypto world can only be good – for their companies, for this community, and for the future growth of cryptocurrency in general.

 

Note: we are not linking to MyCrypto.com or MyEtherWallet.com in this article. It is good, safe practice for all community members to type the address directly into their browser, and NEVER click on a link – not from a Twitter post, not from an email, and not even from us. This will help avoid phishing scams.
[bs-embed url=”https://youtu.be/oIYLRF-UQRM” title=”ShapeShift / MyCrypto Partnership” show_title=”1″ icon=”” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ bs-text-color-scheme=”” custom-css-class=”” custom-id=”” css=””]

DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.

Avatar
Adam Selene
Adam Selene is a cryptocurrency and blockchain advocate whose experience includes creative oversight roles at high-profile marketing firms. He is particularly interested in the effect of decentralized technologies on societal evolution.

JOIN OUR COMMUNITY!

Join the conversation on Telegram and Twitter!

8,109FollowersFollow
1,314SubscribersSubscribe

More News & Analysis

Get The Best Of Crypto Briefing!

Crypto news flashes, new DARE research, upcoming mainnet launches, market reports, and much more!

X
X