Trezor Crypto Hardware Wallet Users Can Now Enjoy In-Wallet Trading and Exchanging
Trezor Wallet Users Can Exchange Cryptos In-Wallet Now
The hardware wallet manufacturer Trezor has recently added the ability to buy and trade cryptos directly from the wallet to its product.This will be done via the wallet’s interface and it is currently in Beta testing phase.
With the upgrade, the users will be able to swap between a total of eleven assets without needing to leave these funds in an exchange, which could compromise their security.
The interface of the Beta wallet will be almost the same as the normal Trezor client but it will contain new features that are not in the older version of the system. These options are mostly focused on trading the assets and other similar features.
When you enter the beta page of the software, it will be the same as the main client and you need to plug your Trezor wallet and log in to access the new features. Once you are inside the wallet, you will have access to the new “exchanges” tab. During the first time that you use this new system, you have to agree to a disclaimer before using the program.
The Feature Will Be Optional and Trading Platforms Might Still Run KYC
Trezor will not run Know Your Customer (KYC) requirements for the trades. However, the exchanges might decide to do it. The company does not offer the services and it is responsible for them, the third parties will.
The marketing manager of Trezor stated on Twitter that this is a fully optional service and that a possible KYC procedure will be made by the third parties. Now, Trezor is joining Keepkey as a manufacturer that can run this type of software.