The entrepreneurial minds behind Sideshift recognized early on that cryptocurrency adoption would only stand a chance if interoperability and usability increased.
One major problem has been that swapping between different currencies typically involves a lot of effort on user side: from downloading a new wallet , creating new accounts all the way up to using OTC desks.
Sideshift has created a system where you can switch between more than 20 different cryptocurrencies with ease. Anyone with an access-code can start swapping immediately. (UPDATE: Since 19.11.2019 no access codes are required anymore!)
The sideshift platform is powered by their native token SAI that exists simultaneously as an ERC-20, a token on the liquid platform as well as an SLP token.
The total token supply amounts to 210 million SAI and no further tokens will ever be minted.
Currently, SAI is used to pay up to 50% of revenue back to affiliates. In the future, Sideshift.ai is considering implementing further value-enhancing activities like a buy-back and burn, paying stakeholders in SAI, implementing merchant discounts and more.
The Sideshift team has more than once proven its innovative thinking, most recently by launching a Bitcoin-backed stablecoin on the SLP network which allows you to transfer BTC for the transaction-fee of BCH.
Excited to get your hands on SAI? At Bitcoin.com Exchange you can start trading SAI from 11:00am CET 15.11.2019.
Start trading now and earn 0.3% of the trading fee back on each trade you close!
Sideshift is also fully integrated with the bitcoin.com wallet.