How to Use Trezor’s Spend Feature

How to Use Trezor’s Spend Feature

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In order to combat the recurring functionality issue with crypto assets, Trezor have launched a “Spend” feature on their wallet, but how does it work?

Of course, by now, very few people are under the illusion that bitcoin and other crypto-assets are a fad. They have more than secured their place in the global financial landscape by proving they can continuously grow and maintain value at a rate that is unmatched by traditional assets available to buy and trade.

The main issue that has continuously plagued the concept of crypto assets is that of usability. There are still very few locations in the world, online and off, that offer support for crypto-asset payments for day-to-day goods and services. As such, the continuous issue is bridging the game between investment opportunity and functional payment method.

There has been the addition of crypto credit cards to help enable real-world payments, but when it comes to an actual wallet that can be used to assist these payments the market was fairly sparse. This has since changed with the launch of Trezor’s new Spend feature which will allow users to begin making it easier to “buy everything with bitcoin” in a way that is easier than it ever was before.

The way this new Spend feature works is that via the feature in the Trezor Wallet, you will be able to purchase a redeemable gift card. This redeemable gift card, which is powered by Bitrefill, can then be used to buy goods and services from thousands all providers across the world. As such, the gap between crypto and real-world transactions is much smaller than ever before.

To get started requires next to no effort on your part with all purchases taking just a couple of minutes. There is no need to register or a KYC and all you need is an email address to receive your coupon/gift code and there is no need for identification to process transaction. This means that Trezor does not share any sensitive data with the providers.

Once you are set up, you will get gift cards that can be used at thousands of shops and services. There is a whole catalogue of providers, that include big-name industry leaders such as Amazon, Steam, Walmart and Airbnb, and loads more. Furthermore, you do not have have to worry about any hidden fees or crazy exchange rates either.

If you are looking to get started, you just need to navigate to the “sell” tab of your wallet, then follow these simple steps:

  1. Visit wallet.trezor.io and connect your Trezor device.
  2. Select an account with a positive balance.
  3. Click on “Sell” in the upper part of the interface.
  4. Click on “Buy voucher for crypto”.

Then you just enter your email, set the amount and confirm the transaction. You will then receive the voucher directly to your email. You then have the freedom to find your desired product and redeem it at their cashier section. It is a simple as that.

Thanks to this service you can now start living from your bitcoin and make full use of the tokens you own. Go to Trezor to get started.

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