Bitcoin hardware wallet creator KeepKey has announced its integration with blockchain exchange service ShapeShift to enable secure digital asset swapping for KeepKey users. KeepKey is the first hardware wallet to partner with ShapeShift, whose API has been integrated with nearly 50 other companies throughout the blockchain industry. This move enables KeepKey users to instantly exchange between cryptocurrencies like Bitcoin, Litecoin and Dogecoin, with plans for integrating more soon, and means users can securely store and trade digital assets without exposing their private keys to the internet.
Darin Stanchfield, KeepKey CEO, explained: “While digital asset security is KeepKey’s primary goal, we are making life easier for the growing number of consumers buying, selling and storing several types of cryptocurrency. They can swap whatever they like, whenever they like, without the hassle of setting up multiple wallets or addresses or signing up to various exchanges. For traders, it’s exciting to dramatically improve the speed and efficiency of the currency exchange process with the most secure hardware wallet on the market today. KeepKey is a one-stop-shop for both users ‘long’ in cryptocurrency and frequent traders alike. It’s an impenetrable vault for digital wealth. The team at ShapeShift have built an extraordinary platform for exchanging these tokens, and we’re thrilled to present the combined effort to our customers,”
ShapeShift CEO Erik Voorhees remarked the joint effort between his team and KeepKey will provide significant advantages for both early adopters and newcomers to the world of cryptocurrency, saying: “Simple and convenient security is paramount for the growth of this industry. KeepKey is wisely bringing that ethos to greater circles of digital asset users with the ShapeShift integration,”
Users need to unlock their device normally, view their multiple accounts, and make instant transactions with a two-click process. As the keys interact with neither the computer nor the internet the process can be done safely even on a compromised computer.