SideShift.ai is a direct-to-wallet crypto exchange platform that allows users to trade over 200 digital assets across multiple blockchains. It's known for its user-friendly interface and innovative features such as Liquid payments, CashShuffle mix, and PayJoin support. The platform operates without requiring users to sign up, thereby offering an efficient and streamlined crypto exchange experience. SideShift also integrates with various blockchains to facilitate cross-chain transactions and uses smart contracts for managing its native token, XAI .
SideShift functions as a crypto exchange that provides direct settlement to user wallets. It operates primarily on the Ethereum blockchain for its native XAI token, which is an ERC-20 token. Users can trade cryptocurrencies seamlessly across integrated blockchains without the need for an account. The platform leverages smart contracts, specifically for the XAI token, to automate transaction processes efficiently. Additionally, SideShift does not employ a unique consensus mechanism; instead, it relies on the consensus methods of the networks it integrates with .
SideShift was founded by Andreas Brekken, leveraging his extensive experience in the cryptocurrency space. Initially launched in 2018 as a sidechain swap tool, the platform has evolved into a full-fledged no-sign-up crypto exchange supporting over 100 cryptocurrencies. It has seen significant growth in user base and exchange volume, highlighted by notable market performance milestones. The project continues to innovate and integrate with other systems, reinforcing its reputation as a versatile and user-centric crypto exchange .