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ShapeShift Integrates With A Dozen Of DEXs To Minimize KYC And Regulation Burdens

Mary Liu

Summary: ShapeShift, the non-custodial cryptocurrency exchange announced that it will integrate a dozen of decentralized exchanges (DEX) (including Uniswap, Balancer, Curve, Bancor, Kyber, 0x, etc.), which is aimed at reducing regulation and KYC burdens, the more important aspect is it will provide traders with excellent liquidity, pricing, and security through DEXs. Erik Voorhees, Founder and CEO ...

ShapeShift, the non-custodial cryptocurrency exchange announced that it will integrate a dozen of decentralized exchanges (DEX) (including Uniswap, Balancer, Curve, Bancor, Kyber, 0x, etc.), which is aimed at reducing regulation and KYC burdens, the more important aspect is it will provide traders with excellent liquidity, pricing, and security through DEXs.

Erik Voorhees, Founder and CEO of ShapeShift, told CoinDesk that the company will phase out its centralized trading business (and KYC policy) when it becomes "100% DEX-based for customers". Through DEX integration, Bitcoin and other non-Ethereum blockchain cryptocurrencies will be available in the first quarter.

By Mary Liu

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