Trezor Hardware Wallet Integrates Shapeshift, Changelly

Trezor Hardware Wallet Integrates Shapeshift, Changelly

Until recently, hardware wallets and their software were mostly about holding assets long-term, but Trezor, one of the leading hardware wallets, has now released the option for in-wallet exchanges.

https://twitter.com/Trezor/status/1054348084631744513

The Trezor built-in exchange will use the channels of Changelly and Shapeshift to effect trades. Trezor itself does not plan to perform its own KYC, but usage of the system depends on the rules required by those exchange services.

ShapeShift will soon unroll mandatory account creation, while Changelly has been known to require KYC on a case-by-case basis when platforms seen as suspicious are involved.

The exchange option will be available through the Trezor Wallet software, with no need to move funds by hand:

“Starting today, you can seamlessly exchange between different cryptocurrencies without ever needing to leave the Wallet site. The entire exchange process can be initiated and observed directly in the Wallet interface,” Satoshi Labs, the producer of Trezor, said in its blog post.

The addition of both Shapeshift and Changelly introduces the Trezor wallet to a growing array of assets, among them some of the hottest coins and tokens. The latest additions to Changelly include TRON (TRX), and the service recently re-introduced Ripple’s XRP:

https://twitter.com/Changelly_team/status/1054469553428840448

In the meantime, Shapeshift is busying itself with its membership program and account verification:

https://twitter.com/ShapeShift_io/status/1054404674550423554

For Trezor owners, buying new coins would come with limitations, with only small purchases allowed. Further verification with Shapeshift may permit larger purchases.

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