From Alt Coin to BitCoin With ShapeShift.io
The opportunities in digital currency (cryptocurrency), despite several high profile breaches in the recent past, continues to generate attention - particularly among retailers. And finally, it's getting just a little easier to accept the variety of alt-coin payments currently available on the market today.
ShapeShift.io, for example, recently released the Shifty Button, a tool that enables website owners who already accept Bitcoin payments or deposits to accept any altcoin (e.g. Litecoin, Dogecoin, etc that ShapeShift supports. ShapeShift, which launched in August 2014, essentially converts the alt-coin currency into bitcoin. The company focuses on digital goods and services at the moment, and has integrated over 10 different currencies to date.
“As the altcoin industry continued to grow over 2014, ShapeShift realized that there was a definite need for an easy way for businesses to incorporate altcoin payment options onto their online stores,” said ShapeShift CEO Beorn Gonthier. “The easier the process is, the more places altcoin users can buy goods online, and the more growth the altcoin community will see in 2015.”