7 mins ago |
By Jamie Redman – |
Blockchain Wallet Adds the Ability to Exchange and Store Ethereum
On August 17 the popular bitcoin wallet platform, Blockchain, has announced it will be adding support for another digital currency. The Blockchain startup revealed to news.Bitcoin.com the platform would be adding ethereum functionality to its popular consumer wallet.
Blockchain Wallet Adds Ethereum Functionality
The startup Blockchain is one of the oldest bitcoin service providers in the industry, founded in 2011. The company has provided over 16 million wallets for bitcoiners across 140 countries.
Now the firm is adding ethereum to its popular consumer wallet, and users will be able to exchange between both bitcoin and ether through a partnership with Shapeshift. With the addition of ether, the company wants customers to explore a different digital asset while remaining comfortable with the Blockchain wallet security.
“As popularity of Ethereum has grown, so has the desire from our customers to have the option to manage multiple digital assets within their Blockchain wallets,” explains Peter Smith, CEO of Blockchain.
We are thrilled to introduce this new functionality to our community and will continue to find ways to make interacting with digital assets even easier.
‘Toggling Between Bitcoin and Ether in a Simple Manner’
The company Blockchain believes multiple accounts can be “a challenge for consumers,” but says its platform’s dashboard management is easy. Blockchain wallets have always been non-custodial which gives customers the ability to hold their own private keys. The firm says with the latest ethereum integration, the platform offers a “consistent product experience with a centralized dashboard with flexible tools for all users.”
Further, Blockchain wallet users will be able to toggle between bitcoin and ether in a simple manner inside the wallet, says the Luxembourg based company. The ability to swap cryptocurrencies will be provided by the Shapeshift API “so trading bitcoin to ether and vice versa can happen all from one place.”