Today, Bitcoin hardware company SatoshiLabs announced the launch of Invity.io, a cryptocurrency exchange comparison tool. Find more information in the press release shared by SatsohiLabs below:
December 9, 2020, Prague, Czech Republic – Following last week’s survey results showing that 47.2% of Americans who don’t own cryptocurrencies should know about them before investing, the SatoshiLabs Group, the inventors of Trezor, introduces the first cryptocurrency hardware wallet, a new addition to its stock: the startup Invity .io. Invity has developed a crypto exchange rate comparison tool and has taken control of the successful Coinmap.org project with the mission of mainstreaming cryptocurrencies by bringing individuals with traditional investment knowledge but limited technical know-how on board.
Invity’s standalone website functions as a comparison tool that streamlines crypto purchase and exchange transactions. By compiling real-time quotes from more than 10 crypto exchanges in one place, common people looking to start or expand their crypto portfolios can easily choose from a wide variety of options. After selecting the most suitable offer, transactions are processed directly with the exchange provider. Invity’s comparison tool is also fully integrated into the new Trezor Suite, meaning security-conscious users can take advantage of wallet-based crypto transactions.
“We believe the most important way to make crypto mainstream is to provide a one-stop shop where anyone can learn about Bitcoin and other cryptocurrencies and easily conduct general transactions.”
– Štěpán Uherík, CEO of Invity.io
Why a comparison tool?
The crypto economy is based on the ability of consumers to directly purchase and manage their crypto assets, but executing these transactions is often complex. Even when converting from fiat to crypto or exchanging one currency for another, each crypto exchange has its own specific processes and costs. As a result, buying and exchanging cryptocurrencies is time consuming for comparative buyers and intimidating for users new to the crypto space. Invity tries to counter this by showing competitive exchange rates, payment methods and currency options in one interface. Coupled with the detailed educational material on crypto topics to know, Invity will serve as an easy-to-use gateway for individuals starting out in the world of crypto.
Invity offers its features both on its web platform and in the Trezor Suite, which is undergoing public beta testing. A number of additional features are currently in development and will soon be available wherever Invity is found.
Buy Crypto: Users from most countries in the world can convert 36 fiat currencies directly into 10 cryptocurrencies. Invity’s four purchase providers (Simplex, BTC Direct, CEX and Mercuryo) offer payment options, including major debit and credit cards and local bank transfer options such as SEPA, SOFORT, and more.
Exchange crypto: Users can convert existing cryptocurrencies to more than 100 other coins. Fixed and variable rate offers from six providers are included and updated regularly.
Coinmap.org: Users can browse a world map with nearly 20,000 listings showing the location of cryptocurrency ATMs and physical merchants accepting crypto. Anyone can add new submissions for free.
Invest in Crypto: Based on a dollar costing strategy, this feature allows users to set up fiat to Bitcoin transactions that occur automatically and regularly. In this way, users build up a crypto savings account somewhat isolated from market volatility.
Spend crypto: Invity compiles a list of providers offering crypto-to-fiat functionality through vouchers and other means.
Invity Academy: This course system provides users unfamiliar with cryptocurrencies with the information they need to start using crypto safely. Built to complement the current selection of blog posts, Invity presents beginner, intermediate and advanced topics in a structured multimedia format.
More information about Invity and its functions can be found at Invity.io.
Invity.io is a private company founded in 2019 and based in the Czech Republic. Invity has put together a network of providers into a comparison tool that offers the web’s best crypto buy and exchange rates in one place. Invity strives to use the simple interface and educational materials to open the world of crypto to everyone regardless of their technical knowledge. Invity is also very security conscious and has valuable connections to legacy crypto players, and is therefore proud to drive the buying and exchanging platform for the Trezor family of hardware wallets. Invity also enforces Coinmap.org, a crowdsourced map of Bitcoin ATM locations and companies accepting cryptocurrencies around the world. More information at https://invity.io.
SatoshiLabs is a private company founded in 2013 and based in the Czech Republic. The first corporate product was the world’s first cryptocurrency hardware wallet. The popular flagship product, the Trezor Model T, introduced new security measures, such as the color touchscreen. SatoshiLabs is also the creator of more than 22 innovative security standards, such as Recovery seed, Passphrase, or Shamir Backup, which significantly improve the entire online security industry. SatoshiLabs is present in more than 220 countries around the world and remains open-source, making the best security solutions accessible to everyone, everywhere. More information at www.satoshilabs.com and www.trezor.io.