- Trezor users can purchase cryptocurrencies in their hardware wallet directly.
- Trezor is one of the safest wallets to store cryptocurrency.
- The approach behind is making Web3 more open and accessible no matter how one stores the assets.
Trezor has collaborated with MoonPay to allow direct purchase of crypto in the hardware wallet.
MoonPay enables users to purchase and sell NFTs and cryptocurrencies through debit cards, credit cards and various other methods. The company is backed by industry leaders like Tiger Global and Coatue.
The partnership between Trezor and MoonPay is built on the former’s earlier collaboration with Invity, which is a crypto exchange comparison tool that’s integrated in the wallet directly.
Excited to announce that MoonPay is now available on @Trezor hardware wallets, thanks to our new partnership with @invity_io, the companion exchange for Trezor.— MoonPay (@moonpay) August 31, 2022
Together we’re bringing security & borderless financial freedom to the world. 🌍 🌕
👇 https://t.co/f4nxZrGr64 pic.twitter.com/EmqykTrodp
Through the new integration, customers are enabled to purchase and sell a range of cryptocurrencies via a noncustodial crypto wallet, which ultimately supports users when it comes to safeguarding the funds. As of now, more than 1,000 cryptocurrencies are supported by Trezor. Some of these currencies are Bitcoin, Tether, Cardano, Ether and BNB.
The recent update is another achievement for crypto buying on Trezor. Previously, the wallet has been helping crypto buys on Trezor Suite, its native app. The feature can be availed via the crypto exchange comparison tool that has been built by Invity during 2020, aa shared by Trezor in a blog.
Antonio Talledo, MoonPay senior business development manager, said:
By allowing Trezor owners to buy crypto directly from their wallet, we’re tapping into a committed cohort of cryptocurrency users who take security very seriously.
Additionally, he said that the partnership will allow safe, easy and borderless financial freedom for billions of people.
In November 2021, MoonPay raised $555 million in Series A funding round; thereby, earning a unicorn valuation of $3.4 billion.