What is Evercoin?
Evercoin is a Silicon Valley based mobile-first cryptocurrency exchange and multicoin wallet.
What does it do?
Do you want to get your coins off centralized exchanges? Do you want to trade additional coins not supported by coinbase? Do you want to have a mobile first experience so you can trade when you hear new information wherever you are? If so, Evercoin is the solution for you. Evercoin provides the user with custody over their own cryptocurrencies, and allows you to exchange one kind of cryptocurrency for another all from the palm of your hand.
What coins can you exchange?
Evercoin lets you exchange one kind of cryptocurrency for another. Right now we support the following currencies. We plan to support additional currencies, please contact us if you have any in mind.
BTC Bitcoin ETH Ethereum LTC Litecoin XRP Ripple BCH Bitcoin Cash DASH Dash ETC Ethereum Classic XMR Monero ZEC Zcash BTG Bitcoin Gold DOGE Dogecoin DCR Decred WAVES Waves QTUM Qtum ZEN ZenCash DGB Digibyte GNT Golem OMG OmiseGo REP Augur BAT Basic Attention Token
How does it work?
It works in three easy steps.
Let’s walk through a case where you want to get Ether and you have Bitcoin.
Set up the transaction
To set up the transaction, you can either type in the amount of Ether you want, OR you can type in the amount of Bitcoin you want to pay. In either event, Evercoin will automatically compute the exchange rate for the transaction. When you are ready you can press the “GET STARTED” button.
Enter destination and refund addresses
The destination address is the address where you will receive the results of the transaction. Please be sure that that address is able to receive the coins resulting from the transaction.
The Refund address is used to refund your coins in case of any problems. Say you wanted to exchange 2 BTC but send us 20 BTC which is above our exchange limit. In this case we would send your coins back to your refund address. Again, please be sure that the refund address is capable of receiving that currency, for example use the address for a Bitcoin wallet if you are sending Bitcoin.
After you have set the addresses, press the “Exchange” button.
Send the required funds
The next page will give you instructions on where to send Bitcoin including the deposit address. You can scan the QR code or simply copy the address.
Please be aware that cryptocurrency transactions are generally non-reversible so please be sure that you have put the correct addresses into the fields. Also, the time between when the transaction is sent and when it is confirmed depends on the blockchain and on the traffic and can in some cases take hours to complete.
Once we receive the Bitcoin, we send Ether to the destination you provided. The status bar will show you the progress. Wait until it says "ALL DONE".
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Miko Matsumura - November 13, 2018
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