Trezor hardware wallets for safe keeping of crypto wallet private keys are the industry benchmark. Now, in their continuous effort to improve user experience and utility, the newly released model T has made a landmark in progress. For the first time ever, cryptos on the user’s hardware wallet can be exchanged for other cryptos directly from the exchange website, obviating the need to go/login to the exchange website. Plus, the entire process can be initiated via the wallet’s touchscreen user interface. As of now, this service is possible and available with instant sans KYC cryptocurrency swap platforms Changelly and Swiss based crypto exchange Shapeshift. This simplification of trading with cryptos with wallet services hard coded into the model T Trezor device will significantly reduce the chances of a wallet’s private keys getting hacked; as the phishing websites impersonating Chengelly & Shapeshift are completely removed from the equation.
From the original report:
According to the original report (1), the exchange feature is provided by various third parties; SatoshiLabs bears no responsibility for the process, exchange rates, fees, or functionality. In this initial release, we have decided to cooperate with ShapeShift and ChangellyTrezor Wallet will always operate without KYC, as the Wallet or your Trezor device are not custodial. If the exchange providers decide to enact KYC, registration and verification will be done by them. Your personal information will not be processed by Trezor Wallet / SatoshiLabs, nor will it ever be requested by the company.Customer support for exchanges will be serviced by the partners.
Buy new Trezor hardware wallets from official source only at https://shop.trezor.io/ and stay tuned and don’t miss the future with us. The Future is Now!
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