Recently ad a partnership between the famous Trezor hardware wallet and BTC Direct to enable buying Bitcoin (BTC) using the wallet.
Credit or debit card, bank transfer, SOFORT, SEPA, Giropay, iDeal & others: what is this all about? 👀
– Trezor (@Trezor) July 8, 2020
Trezor notes that since the last halving, the bitcoin demand has increased, So more and more people have become aware of this asset, and many people started buying it.
Most novice users rely on centralized systems, and often purchased bitcoin is left on the exchanges, and not withdrawn to be stored in safer places and wallets.
In fact, the best option for storing cryptocurrencies would be a hardware wallet or a decentralized wallet, as no one stores users' private keys.
Before going into the details of the partnership, it should be noted that the BTC Direct company is not a newcomer in this industry.
It was founded in the Netherlands in 2013, the year Trezor was born, and thanks to this partnership, users will have the opportunity to purchase this asset from a decentralized platform.
In particular, it will be possible to use different payment methods, such as credit and debit cards, SEPA transfers and local payments such as Giropay, iDeal, Bancontact and EPS (Electronic Payment Standard).
Obviously, considering that this association will mainly involve European users, it will be necessary to comply with the laws of the European Union, such as those related to AMLD5, as well as with the procedures for the identification of users (KYC).
How to buy Bitcoin on Trezor?
The procedure is quite simple and is available to everyone, as it is enough to access the Trezor wallet and click on the new option "Buy".
Then you need to choose the payment method and the amount to be purchased, and then users will be redirected to the BTC Direct website, where they will be asked to complete the KYC procedure.