Trezor announces in-built exchange

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Trezor Exchange

Creators of hardware wallet ‘Trezor’ have launched an exchange function.

“You won’t need to look for an exchange anymore,” the company has announced.

“It is in your Trezor wallet.”

Trezor is one of the world’s most popular hardware wallets, and despite the occasional attack by hackers, is also one of the most safe and secure.

The company says an inbuilt exchange function will improve safety, usability and convenience.

“Starting today, you can seamlessly exchange between different cryptocurrencies without ever needing to leave the Wallet site,” the company said in a blog post.

“The entire exchange process can be initiated and observed directly in the wallet interface.”

The exchange feature is provided by third parties ‘ShapeShift’ and ‘Changelly.’

“Trezor Wallet will always operate without KYC (know your customer), as the Wallet or your Trezor device are not custodial,” Trezor said.

“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 … nor will it ever be requested by the company.

“Customer support for exchanges will be serviced by the partners.”