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Shapeshift rival, Flyp.me launches accountless crypto exchange with 169 trading pairs and 50% profit sharing

Flyp.me – a new instant crypto exchange – is launching with 13 cryptocurrencies and 169 trading pairs. The new service is built and managed by the team at HolyTransaction, the first web wallet to support Ethereum, one of the first multi-currency wallets and the oldest still active.

The exchange is fully working, boosts competitive exchange rates and is much more private than any of the competitors. Anyone can instantly exchange 13 cryptocurrencies straight to their wallet. No need for any registration, email or ID verification: only the user’s crypto address.

Private by design, users are always in control of their data. Only minimal trust is needed since Flyp.me doesn’t hold users’ funds nor the private keys. Flyp.me sends the amount exchanged back to the user as soon as the user’s transaction is confirmed on the blockchain. This is because Flyp.me keeps its own reserve funds for each cryptocurrency and token supported which makes the exchange so fast.

To rebalance the power between users of an exchange and the exchange itself, Flyp.me will share 50% of the profits with token holders and implement a distributed policy making model to enable token holders to propose new features or coin additions, vote for key decisions and audit volumes. To increase the adoption of Flyp.me, a number of FYP tokens will be distributed to users of the exchange.

The exchange boosts a permissionless API that already enables businesses and developers anywhere to accept payments in BTC, ETH, LTC, ZEC, DASH, FAIR, GAME, DCR, SYS, PPC, DOGE, BLK, GRC. There is no need for user ID to experiment and integrate Flyp.me because the company believes in the freedom to explore new technologies without seeking prior approval.

Flyp.me is also announcing the start of its ICO for September, 28, 2017 to fund the decentralization of the exchange, drive its adoption and increase the reserves of each cryptocurrency. The roadmap includes R&D for 2nd layer solutions, the integration of decentralized asset platforms and cryptographic auditing. The funds are raised publicly as Flyp.me is committed to supporting the crypto community and opposing centralization by the few powerful players who are increasingly pushing their own agenda.

Francesco Simonetti, Flyp.me CEO said:

“Flyp.me is designed for anyone who wants to exchange crypto instantly without the hassle of registration, email or ID verification. An exchange that is fast, truly private and secure. You control your funds and data. We only ask the address where you want your exchanged crypto to be received. It is as simple as that.”

HolyTransaction, the company behind Flyp.me, has experienced growth of +3,000% in the first 6 months of 2017.

More details can be found in the Flyp.me whitepaper.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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