One of my favorite platforms to trade cryptocurrency is Shapeshift. Unlike the major crypto exchanges such as Coinbase, Binance, and Gemini, Shapeshift allows me to trade directly from My hardware wallet, providing me with an intuitively safer experience.
Trading on SHAPESHIFT is different to trading on exchanges, and quite similar experience to making a swap on a decentralized exchange since the cryptocurrency funds that I am trading are out of my full control only for a split second, the actual moment of the trade. Just like a swap. This method makes it super practical for me to maintain my funds in my hardware wallet at all times and that is something hard to do when trading on centralized cryptocurrency exchanges.
From my own experience, when purchasing or trading cryptocurrencies in those exchanges (which I still do it occasionally don't take me wrong) I often tend to leave a bit there, to trade later, or stuck on a buy or stop-loss order, or even because I wanted to avoid fees. But given the instability of centralized institutions, it always recommended to NEVER leave crypto funds in exchange.
With Shapeshift I can make sure I do that just that and I avoid one extra transfer step.
On the other hand, Shapeshift does not offer all the features, the bells, and whistles and trading competitions that often attract traders to major exchanges. It is not as complex, but I happen to like and enjoy its simplicity.
Occasionally the Shapeshift platform provides fun events, to draw in more clients, in which they distribute FOX tokens, the native token of the Shapeshift exchange. Right now the Rainfall event is going on, which I think is inspired by the DEFI revolution.
Shapeshift got creative and found a way to reward its users every time a trade happens! It is making it Rain and I will make sure to give you all the details below.
Shapeshift Rainfall
"EVERY Time Someone Trades, Someone Wins" A random winner is chosen every time a trade happens!
1. Every time a user trades, a Shapeshift user wins a certain amount os USDC (the US dollar stable Coin)
2. Only users holding FOX Tokens are eligible to win. More Token more changes
3. Earn FOX tokens & increase your odds by trading and referring your friends.
To make this more exciting... Shapeshift is offering another Promo that will last 48 hours only
Buy Crypto, Earn FOX tokens, Win Crypto
Earn 5 FOX tokens for every crypto purchase made until Friday, November 13th, 2020. The more tokens the more chances to win the FOX Rainfall!
Hope you enjoy getting to know about this fun promotion and take this opportunity to learn and research about this safer trading method!
Support the channel and help me stack more Fox tokens by using my referral link upon sign up: https://shapeshift.app.link/share?af=2k1yAtPcFNSQ9zAp
All my best,
Michelle M.
www.mammycrypto.com
Social Media links: https://cointr.ee/mammycrypto
