Buy

Trezor Wiki/Glossary/Cryptocurrencies/Services/ Buy

The Trezor Buy feature of Trezor Wallet provides a simple and straightforward interface for buying cryptocurrencies and receiving it directly to one of the wallet accounts.

Trezor users can buy bitcoins using their Visa or Mastercard personal credit card.

NoteSatoshiLabs does not directly facilitate trading your national currency for cryptocurrencies. The service providers integrated into the Buy feature are third-parties.

Third-party service providers may, and usually will ask for personal identification and sensitive information to comply with AML/KYC regulations.

1. Find the Buy tab in Trezor Wallet

Visit Trezor Wallet and connect your Trezor device. Once connected and unlocked, find the Buy tab in the upper part of the interface.

2. Set up your trade

To set up your trade, you can either put in the amount you wish to spend denominated in your preferred currency or enter the specific amount of BTC that you would like to acquire.

NoteThe minimum required amount to trade may be as low as $50 USD.

Once you enter your desired amount, matching offers appear below. The offer overview displays the name and logo of the service provider and the offered conversion rates for your trade. Click on theContinue button right next to your chosen offer to continue.

3. Confirm the receiving address

The feature will automatically use the next unused receiving address on your Bitcoin account. Check the authenticity of the receiving address by clicking on theVerify address button and verify the address on the screen of your Trezor device.

After you verify your address, click onConfirm purchase .

4. Complete the process with the service provider

After you click onConfirm purchase , you will be redirected to checkout in the interface of the selected service provider.

If requested, provide the anti-AML/KYC documents to complete your purchase. See the example of the verification process required by Simplex in the pictures below.

Buy feature: Example of a payment verification form

Buy feature: Example of an identity verification form

Buy feature: Simplex has approved the trade