BitPay announced the integration with Shape Shift in order to be able to perform a direct transaction between Bitcoin and Bitcoin Cash with the latest update. The announcement was made with a blog post on Thursday, January 18th. The new partnership allows users to make changes to deposits in BitPay and Copay between Bitcoin (BTC) and Bitcoin Cash (BCH).
US-based Bitpay, founded in 2011, is one of the largest international Bitcoin payment gateways. ShapeShift allows you to change between coins, which is already a shape change, meaning you can think of a shape change like a coin den or other coin shape.
Integration will allow users to "switch" between Bitcoin and Bitcoin Cash and increase the level of integration between the two crypto coins. In ShapeShift's own site you can also switch between the other coins.
Bitcoin Cash has been hardforku of Bitcoin since August 1, 2017 to increase the size limit of Blockchain blocks and the number of transactions that can be processed every minute by the network.
Since its release into the market, BCH has been accepted by Coinbase, Bitfinex, Bitstamp, Kraken, ShapeShift and other major digital money exchanges. I had to add even BitStamp, which I do not support.
I am delighted to see that the crypto money exchanges and other service companies come together to do joint business with this development. Because everybody is trying to keep this market alive and innovate by supporting one another. I hope to see BTC's LN transfers soon.
