Update on Ether Exchanges: ShapeShift now accepts contract payments!
ShapeShift.io can now officially accept smart contract payments for Ether through our system.
After weeks of brainstorming with the ethereum team, developing and, testing we have a solution that lets us take contract payments.
READ BELOW TO UNDERSTAND HOW THESE ORDERS WORK:
It is important to note that in order for us to get this to work we had to make a compromise, mainly that we can ONLY accept contract payments on conduits (new deposit addresses) that are less than 24 hours old AND contract payments will only work once (you can not re-use a conduit with multiple contract payments). This mean if you create a deposit address and try to send a contract payment after the 24 hours or you try to send two contract payments to the same conduit right after each other it will not work (although account payments will still work fine) and in that case you will need to contact support to get your Ether returned. We are working on solutions next so that we don’t have to have these limits however this will be a ways off. We will have some sort of warning about this up on the site soon but we wanted to get this up quickly and start letting users be able to send their contract payments as this is a widely requested feature.
So, to bullet point the Contract Payment Rules:
- We can only accept contract payments on conduits (new deposit addresses) that are less than 24 hours old
- Contract payments will only work once (you can not re-sue a conduit with multiple contract payments
Please feel free to give us a shout and let us know your feedback (especially if it doesn’t work correctly for you, please let our support know so we can debug whats going on as this feature is still very new). The Ethereum community is doing a number cool things and we love being able to assist and be a part of it!
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