Following on last week's survey results showing that 47.2% of Americans who don't own cryptocurrencies need to know more about them before investing, the SatoshiLabs Group, inventors of Trezor, the first cryptocurrency hardware wallet, is introducing a new addition to its holding: the startup Invity.io. Invity has developed a crypto exchange rate comparison tool and has assumed control over the successful Coinmap.org project with the mission of mainstreaming cryptocurrencies by onboarding individuals with traditional investment knowledge but limited technical know-how.
Invity's standalone website functions as a comparison tool that streamlines crypto purchase and exchange transactions. By compiling real-time rates from over 10 crypto exchanges in a single place, everyday people who want to start or add to their crypto portfolios can easily choose from a wide variety of options. After selecting the most appropriate offer, transactions are processed directly with the exchange provider. Invity's comparison tool is also fully integrated into the new Trezor Suite, meaning security-minded users can take advantage of in-wallet crypto transactions.
“We believe the most important way to bring crypto into the mainstream is to offer a one-stop shop where anyone can learn about Bitcoin and other cryptocurrencies and easily make common transactions.”Štěpán Uherík, CEO of Invity.io
The crypto economy is built on consumers' ability to directly buy and manage their crypto holdings, yet performing these transactions is often complex. Even when converting fiat to crypto or trading one coin for another, each crypto exchange has its own specific processes and costs. As a result, buying and exchanging crypto is time consuming for comparison shoppers and intimidating for users new to the crypto space. Invity aims to counteract this by showing competing exchange rates, payment methods, and currency options in a single interface. When combined with its detailed educational materials on need-to-know crypto topics, Invity will serve as an easy-to-use port of entry for individuals starting out in the world of crypto.
Invity offers its features both on its web platform and within the Trezor Suite, which is undergoing public beta testing. A number of additional features are currently under development and will become available soon wherever Invity is found.
More information about Invity and its features can be found at Invity.io.