{"id":10181,"date":"2022-04-08T17:54:00","date_gmt":"2022-04-08T17:54:00","guid":{"rendered":"http:\/\/ci029e3322800026f4"},"modified":"2022-04-08T17:54:00","modified_gmt":"2022-04-08T17:54:00","slug":"trezor-adds-direct-to-self-custody-bitcoin-buys","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/trezor-adds-direct-to-self-custody-bitcoin-buys","title":{"rendered":"Trezor Introduces Direct-To-Self-Custody Bitcoin Buys"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>Invity.io, the in-app bitcoin exchange for Trezor hardware wallets, has partnered with bitcoin purchasing platform Swan Bitcoin to enable recurring, direct-to-custody bitcoin purchases for Trezor users.<\/p>\n<p>Announced on stage at Bitcoin 2022, the partners framed the addition as a simple way for bitcoin investors to practice the critical security measure of self custody, rather than making their investments on an exchange and leaving their BTC there.<\/p>\n<p>Bitcoin best practices dictate that users not hold their bitcoin on exchanges, as they are then trusting the operators to protect the private keys associated with this bitcoin for them. <a href=\"https:\/\/bitcoinmagazine.com\/markets\/infographic-overview-compromised-bitcoin-exchange-events-2\">Numerous instances of hack and compromise<\/a> have demonstrated that this can result in the loss of the BTC.<\/p>\n<p>Invity has integrated a Swan API into its <a href=\"https:\/\/bitcoinmagazine.com\/business\/satoshilabs-trezor-suite-ui-platform\">Trezor Suite app<\/a>, which wallet users leverage as the interface to manage their bitcoin. A newly-introduced \u201cSave Into Bitcoin\u201d button in the suite will guide users to the options for making bitcoin purchases and to set up recurring buys of various amounts. A linked bank account will then convert U.S. dollars into bitcoin automatically, and the purchased BTC will be sent directly to the user\u2019s Trezor.<\/p>\n<p>Many Bitcoin advocates also encourage the practice of dollar-cost averaging as an investment method for bitcoin, as it mitigates some of the notorious price volatility that the asset experiences.<\/p>\n<p>\u201cBy offering new users a straightforward way to buy bitcoin in the amount they want and on their schedule, anyone can benefit from dollar-cost averaging while keeping their investment as secure as possible,\u201d said Stephan Livera, the managing director of Swan Bitcoin, per an Invity release shared with <em>Bitcoin Magazine<\/em>.<\/p>\n<p>The automated bitcoin purchases are expected to go live in the May 2022 update of Trezor Suite.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Invity.io, operator of the Trezor wallet app, has partnered with Swan to add recurring, straight-to-self-custody bitcoin purchases for users.<\/p>\n","protected":false},"author":2705,"featured_media":6447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2016,286,385,2424,93,284,1959,1270],"class_list":{"0":"post-10181","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bitcoin-2022","9":"tag-bitcoin-wallets","10":"tag-dca","11":"tag-invity","12":"tag-news","13":"tag-self-custody","14":"tag-swan","15":"tag-trezor"},"author_data":{"id":2705,"name":"Peter Chawaga","nicename":"peter-chawaga","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/peterc-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/shamir-backups-make-hardware-wallets-more-secure.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/10181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2705"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=10181"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/10181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/6447"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=10181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=10181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=10181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}