Trezor Integrates BTC Direct, an Easier way to Buy Bitcoin in Europe | by SatoshiLabs | Jul, 2020


With the latest halving behind us and a new phase of Bitcoin’s life cycle stretching out ahead, it’s more clear than ever that the best time to buy bitcoin was ten years ago and the next best time is today. Luckily for European crypto users, this has just become even cheaper, easier, and safer thanks to the integration of BTC Direct into the Trezor Wallet’s Buy feature. To see how to use BTC Direct, check out this quick-start guide.

This partnership offers a wider selection of standard and local payment methods for users paying with euros, plus the ability to securely link your Trezor device with your BTC Direct trading account through a one-time verification process. Read on to learn more details about these exciting features, and why we see buying Bitcoin through the combined forces of Trezor and BTC Direct becoming a new standard for Europe-based crypto users.

BTC Direct is a company based in the Netherlands and founded in 2013, making it the same age as SatoshiLabs and Trezor. But a birthday and years of experience in the crypto space aren’t all that we share: we both believe that the current monetary system is flawed, with a lot of limitations, and that non-fiat currencies offer the best hope for progress.

Like, another member of SatoshiLabs Group, BTC Direct also believes that making it easy for anyone to get involved in the crypto ecosystem is key to the success of this currency revolution. BTC Direct makes this possible by offering a simple, secure way to buy bitcoins and certain altcoins directly from your hardware wallet with a credit or debit card, Single Euro Payment Area (SEPA) bank transfer, or, in some countries, local payment methods which are even faster. BTC Direct is also a platform for selling your bitcoins, and when you need to access your funds you can deposit them directly into your preferred bank account.

As the main partner chosen by European users, nearly half a million crypto traders already use BTC Direct’s services. This is primarily because the platform is specifically tailored to users with bank accounts denominated in euros: anyone in the European SEPA zone and Switzerland can use it to buy bitcoins, and many places offer quick local payment methods like SOFORT, Giropay, iDeal, Bancontact, and Electronic Payment Standard (EPS), in addition to the standard credit card or bank transfer options.

Supporting all Euro Payment Area countries, you’re making your purchases within a trustworthy environment that complies with KYC requirements. To do this, you just need to create a basic user account with BTC Direct by snapping a photo of a government-issued ID and a selfie (this was recently made mandatory under the AMLD5 European regulatory framework). Once this short, one-time process is complete, you’ll get access to lower transaction fees (2.5% to 4%) and higher limits (up to EUR 10,000 in purchases per day for most accounts, and up to EUR 50,000 for the highest tier).

We want our users to have access to quality support throughout the Trezor ecosystem. In keeping with this, BTC Direct offers fast multilingual support, meaning the verification, buying, and selling processes can be completed quickly and painlessly. And, if you have any questions, you can easily get in touch with them or browse their detailed Q&A section.

We’re thrilled to have this opportunity to improve the services we can offer our users by collaborating with a trusted company who make the whole buying process easier. If you need some help to get you started with BTC Direct, we’ve put together another article which will take you through the whole process step-by-step. We can’t wait to hear about your experiences trading with BTC Direct on Trezor — let us know how it goes!

Source link