Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay

Hardware wallet company Trezor is moving to allow direct crypto purchases with a new partnership with crypto fintech startup MoonPay.
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay 4

Trezor, a hardware wallet provider based in the Czech Republic, has partnered with MoonPay to allow its customers to purchase cryptocurrency directly in their hardware wallet, according to an announcement on Wednesday.

Backed by major industry investors, including Tiger Global and Coatue, MoonPay is a crypto payment service that allows users to buy and sell cryptocurrencies and non-fungible tokens (NFTs) with how to use debit cards, credit cards, and other payment methods. In April 2022, the company raised $87 million from investors like Justin Bieber and Snoop Dogg to focus on NFTs and Web3.

The partnership with MoonPay builds on Trezor’s previous partnership with Invity, a cryptocurrency exchange comparison tool built directly into the wallet.

Like Trezor, Invity is a startup run by its parent company, SatoshiLabs. The platform connects customers with trusted partner exchanges to offer direct-to-custodial transactions with various payment methods. Combined, the three platforms offer to buy, sell, and exchange features directly in the Trezor wallet.

Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay 5

The new integration allows customers to buy and sell multiple cryptocurrencies through a decentralized crypto wallet, helping users better protect their funds. At the time of writing, Trezor supports over 1,000 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Tether (USDT), BNB, Cardano (ADA), and others.

Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay 6

The latest news is another major milestone for crypto purchases on Trezor, as the hardware wallet previously supported crypto purchases on the Trezor Suite native app via the In-App Commerce feature. The option has been available through the cryptocurrency exchange comparison tool created by Invity since at least the end of 2020.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay

Hardware wallet company Trezor is moving to allow direct crypto purchases with a new partnership with crypto fintech startup MoonPay.
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay 10

Trezor, a hardware wallet provider based in the Czech Republic, has partnered with MoonPay to allow its customers to purchase cryptocurrency directly in their hardware wallet, according to an announcement on Wednesday.

Backed by major industry investors, including Tiger Global and Coatue, MoonPay is a crypto payment service that allows users to buy and sell cryptocurrencies and non-fungible tokens (NFTs) with how to use debit cards, credit cards, and other payment methods. In April 2022, the company raised $87 million from investors like Justin Bieber and Snoop Dogg to focus on NFTs and Web3.

The partnership with MoonPay builds on Trezor’s previous partnership with Invity, a cryptocurrency exchange comparison tool built directly into the wallet.

Like Trezor, Invity is a startup run by its parent company, SatoshiLabs. The platform connects customers with trusted partner exchanges to offer direct-to-custodial transactions with various payment methods. Combined, the three platforms offer to buy, sell, and exchange features directly in the Trezor wallet.

Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay 11

The new integration allows customers to buy and sell multiple cryptocurrencies through a decentralized crypto wallet, helping users better protect their funds. At the time of writing, Trezor supports over 1,000 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Tether (USDT), BNB, Cardano (ADA), and others.

Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay
Trezor Hardware Wallet Allows Direct Crypto Purchases With MoonPay 12

The latest news is another major milestone for crypto purchases on Trezor, as the hardware wallet previously supported crypto purchases on the Trezor Suite native app via the In-App Commerce feature. The option has been available through the cryptocurrency exchange comparison tool created by Invity since at least the end of 2020.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News