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The Trezor Wallet development team announced that the device's beta firmware now offers native support for the Ethereum, Ethereum Classic and ERC20 tokens. In an ad on the Trezor blog, the cryptographic hardware hardware manufacturer said that existing third-party integrations like MyEtherWallet, MyCrypto and MetaMask, which currently enable Trezor to support these tokens, would continue to run parallel to the new functionality, with no plan to stop additions in the future.
Operating details of Trezor Beta
According to the company, the instant Coinswitch encryption exchange platform has been added as a new wallet exchange partner along with Shapeshift and Changelly, as part of a renewed user experience. The ad states that to access the new feature, users must select "Ethereum" or "Ethereum Classic" in the currency selector, then select "Go to Trezor Ethereum Wallet." Once entered, they can immediately start using the new beta interface.
Users of any of the above third-party Trezor integrations will immediately see their balance in what Trezor hopes will be a seamless user experience. The summary view presents an overview of their account balance and helps them select the desired tokens. The tab also shows users the total balance and the current exchange rate denominated in any fiat currency of their choice.
They can also use the card to deposit a selected cryptographic token into their portfolio and monitor balances and transactions for the selected tokens.
Describing the "Send" and "Receive" functions, an excerpt from the announcement reads:
"These sections work very much like what you're used to: Use the Receive tab to view your receiving address in text format or a QR code. Always remember to check the address on your Trezor device. The Send tab allows you to set outgoing transactions and transaction fees.In the advanced settings, you can set the gas limit, the gas price and add more data to the transaction. "
The news comes as Trezor's latest attempt to consolidate its market-leading hardware portfolio position. In October, CCN reported on facing a difficult imminent challenge from the global electronics giant Sony, which reportedly is developing its own sophisticated hardware portfolio.
In the same month, CCN also reported that the company issued a warning to its users about a counterfeit Trezor wallet that was designed to steal user funds by impersonating Trezor One with a surprising level of precision.
Close-up image of Trezor
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