Categories: Bitcoin Entertainment

ShapeShift.io Adds NXT to Its Platform

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Cryptocurrency exchange platform ShapeShift.io recently added NXT – a 100% POS cryptocurrency with a marker cap of around $17 million.

Offering users the ease of converting between multitudes of cryptocurrencies without requiring an account, ShapeShift is now attributing the same liquidity to NXT – a step which brings this digital currency a little towards user and merchant adoption. Over the time, NXT developers have offered industry with a range of new and innovative features, the ‘Monetary System’ being one among them. ShapeShift, who itself is considered very selective when it comes to integrating new altcoins, could be experimenting with this new coin as well, at least to see its potential among the regular user base.

Following the announcement, NXT is now instantly convertible with 13 different cryptocurrencies – Bitcoin, Darkcoin, Peercoin, NuBits, Litecoin, Dogecoin, Blackcoin, Namecoin, Feathercoin, BitcoinDark, Quark, Namecoin and Reddcoin. They can be purchased or sold as well.

Another Addition to ShapeShift Platform
Just a day before the NXT announcement, ShapeShift.io also added a special ‘Shifty Button’ that allows merchants to accept Bitcoin payments at checkouts. Indeed, customers there can also pay with altcoins which, in real time, gets converted into BTC and are further transferred to merchants’ wallets. This new service is free of cost.

ShapeShift CEO Beorn Gonthier told CryptoArtciles.com:

“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. 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.”

[Note: We are awaiting comments from the ShapeShift team with regards to NXT integration.]

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