There is a reason why everyone loves Trezor. Apart from being one of the most secure hardware wallets along with Ledger and KeepKey, Trezor never fails with creativity. The guys working for Satoshi Labs do not care about security only. They know that a great wallet is more than just a cold storage. It has to be convenient, user-friendly, and super easy to use. This is why they develop web applications as well.
Trezor Wallet Exchange
Since Monday (October 22) there is built-in Exchange feature inside the Trezor Wallet site. Put simply, users can seamlessly hop between different digital assets, without even having to leave the Wallet website. What’s even better is that the interface allows you to initiate, stop, or monitor the whole exchange process in real time.
However, Trezor notes:
The exchange feature is provided by various third parties; SatoshiLabs bears no responsibility for the process, exchange rates, fees, or functionality. In this initial release, we have decided to cooperate with ShapeShift and Changelly. Trezor Wallet will always operate without KYC, as the Wallet or your Trezor device are not custodial. 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 / SatoshiLabs, nor will it ever be requested by the company. Customer support for exchanges will be serviced by the partners.
Obviously, Trezor has partnered with Changelly and ShapeShift, which are one of the most prominent names in the business. Both companies have proven that they are trustworthy.
Trezor Password Manager
Isn’t it fascinating how Satoshi Labs always build their Trezors with something in mind? With the new Trezor Password Manager browser extension you can turn your cold storage into a password manager as well. We know that having a strong password for each and every account may be a challenging task and boy, we are happy that Satoshi Labs have finally approached this problem.
So how does it work? You install the Password Manager app and plug in your hardware device (your Trezor model doesn’t matter). Then you manually type your passwords and their relevant URLs. You Trezor encrypts this data, generates and unique private seed and puts your data in a cloud such as Google Drive or Dropbox. I know that you are already raising your eyebrows but hey, Trezor got your back. Only your device can decrypt it using your private seed. Simply said, even if someone sneaks into your Google Account your passwords are as safe as your tokens.
The next time you want to login in Facebook (or anywhere else) you just have to open the website, plug in your Trezor and press alt+shift+F. Voila! You are ready to go.