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 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 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 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.

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

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Best Cryptos to Invest in December 2024: Qubetics Surges Past $2.6M as Solana Records Big Whale Pump and Polkadot Aims for $6

Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…

26 minutes ago

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

2 hours ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

2 hours ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

2 hours ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

3 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

4 hours ago

This website uses cookies.