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You can now deposit and withdraw other cryptocurrencies

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Written by   5254
1 year ago

One more of the long planned features is here. Courtesy of sideshift.ai you can now deposit and withdraw (well, "put into your wallet" and "send from your wallet") lots of other cryptocurrencies and tokens (including USDH - the stablecoin on Bitcoin Cash).

Be aware that the exchange rate is of course not 1:1, sideshift.ai does take a commission (about 1% as far as we see). You can see the exchange rates here.

Second thing is that the exchange seems to require at least 1 on-chain confirmation (at least in our BCH-USDH tests), so it takes a while, occasionally even a few hours.

How it looks

Sending money is basically the same. You can choose a coin that you want to get and you'll get that cryptocurrency:

Where's the ⚡️, you'd ask? Well, somebody would ask.. Actually, SideShift supports Lightning, but it has a bit different mechanics - you need to provide an amount to generate an invoice and SideShift API docs is a bit sparse on how to do that. So, as soon as we get a response from SideShift team on how to send the amount and invoice - we'll add the support for it (and Grin, which also requires invoices).

So, this is one more thing off of our Roadmap.


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...and I'm off to withdraw some fine SPICE tokens, because "the spice must flow!"

Not sure what to do with them yet, but it sounds like fun!

We don't know what it means either. :) SideShift's young, hopefully it'll get better.

Rest assured, in none of the scenarios anyone loses money. SideShift's support is just one click away.

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Avatar for Read.Cash
Written by   5254
1 year ago
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Comments

How could I get the info on how to integrate allow my users on my website to also have a chance to earn crypto ? I've been reading but would love to chat! Keep up the great work and keep inspiring others!

$ 0.00
6 months ago

Wow. That is quite amazing :-) Here to hoping that SideShift gets the liquidity issues resolved fairly soon. Otherwise an absolutely stellar non-KYC service.

$ 0.00
1 year ago

Good job!

$ 0.00
1 year ago

Whoa dudes! Amazing. Good job, keep it up <3

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User's avatar btcfork
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1 year ago

Thank you! :)

$ 0.00
1 year ago

Funky business 😎

$ 0.00
10 months ago