ShapeShift vs Status

How ShapeShift vs Status compare on our ratings, wallet specs, funding, pros and cons.

VS
Status4.0/5
Feature
Ratings
Our score4.2/54.0/5
User ratingNo reviews yetNo reviews yet
Security4.04.5
Ease of use4.03.5
Chain support4.53.0
Features4.04.0
Privacy4.55.0
Specs
KYC required No No
Wallet typeMobile, WebMobile, Browser extension, Desktop
CustodySelf-custodialSelf-custodial
ChainsEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, OtherEthereum, Arbitrum, Base, Optimism, Other
PlatformsiOS, AndroidiOS, Android, Chrome, Windows, macOS, Linux
Open source Yes Yes
Hardware wallet support Yes Yes
In-app swaps Yes Yes
Staking YesNot disclosed
NFT supportNot disclosed Yes
Buy crypto in app Yes Yes
WalletConnect Yes Yes
Security featuresNot disclosedKeycard hardware wallet integration, Peer-to-peer messaging encryption, Local key storage, Device-level transaction confirmation
Recovery without a seed phraseNot disclosed No
Built-in dApp browserNot disclosed Yes
Swap fee0%Not disclosed
Perpetuals tradingNot disclosed No
Company
Founded20142017
HeadquartersSwitzerland—
InvestorsEarlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3Not disclosed
Strengths and weaknesses
Pros
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
  • Fully open-source codebase across desktop, mobile, and browser extensions
  • No phone number, email address, or identity verification required for setup
  • Hardware wallet integration supported through contactless Keycard devices
  • Integrated cross-chain bridging across Ethereum, Arbitrum, Optimism, and Base
Cons
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
  • No support for Bitcoin, Solana, or other non-EVM blockchains
  • Collectibles cannot be moved across chains using the native bridge
  • Standalone Web3 browser deprecated in newer versions in favor of WalletConnect
  • No social recovery options if recovery phrases are lost
Best forKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration usersPrivacy-focused Ethereum ecosystem users, Traders using EVM Layer 2 networks, Communities using token-gated chat rooms

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