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April 22, 2020

Tim Draper Fund Launches Crypto Exchange Plug-in Supporting Ethereum, Tether, Chainlink, Wrapped Bitcoin

By Daily Hodl Staff

A new plug-in for cryptocurrency enthusiasts is now available on WordPress, the world’s leading content management system. The Cryptocurrency Exchange plug-in allows publishers on the popular platform to add a decentralized crypto exchange to their website.

Publishers can insert the shortcode for the exchange wherever they want it to appear, allowing users to trade 134 cryptocurrencies including Ethereum, Tether, Chainlink, DAI, Basic Attention Token, Enjin, Metal and Wrapped Bitcoin.

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The plug-in was developed by Alon Goren through his fund Draper Goren Holm, which was co-founded by Josef Holm and backed by venture capitalist and Bitcoin bull Tim Draper.

Says Goren,

“This plugin is based on the TOTLE widget and TOTLE API so it automatically routes trades to the decentralized exchange that gets you the best current prices. It also means that it is already integrated with metamask, brave and all the rest of the most popular web3 wallets and works great on mobile inside the trust wallet app, coinbase wallet, opera, etc.”

According to W3techs, WordPress dominates the internet with 61.8% market share, beating all other CMS systems combined, including Drupal and Joomla. As an option for 35% of the internet which is powered by WordPress, the new plugin is a major push for mainstream crypto adoption. The open-source platform attracts an estimated 400 million people per month through blogging sites as well as e-commerce portals that use WooCommerce.

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Adds Goren,

“Anyone, not just engineers, can launch their own crypto exchange in minutes … can’t wait to integrate other Draper Goren Holm portfolio companies into it or to create other similar tools to bring the decentralized web to the masses.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/spainter_vfx