SatoshiLabs Introducing Invity.io – Bitcoin Magazine

Bitcoin hardware company SatoshiLabs today announced the introduction of Invity.io, a comparison tool for cryptocurrency exchange rates. Find more information in the press release shared by SatsohiLabs below:

December 9, 2020, Prague, Czech Republic – Following the results of a survey last week that shows that 47.2% of non-cryptocurrencies Americans need to know more about before investing, Treoshor’s inventors SatoshiLabs Group, 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 taken control of the successful Coinmap.org project with the mission of mainstreaming cryptocurrencies by onboarding individuals with traditional investment knowledge but limited technical knowledge.

Invity’s standalone website acts as a comparison tool that simplifies crypto purchase and exchange transactions. By compiling real-time rates from over 10 crypto exchanges in one 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 crypto transactions in the wallet.

“We believe that 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 make common transactions easy.”
– Štěpán Uherík, CEO of Invity.io

Why a Comparison Tool?

The crypto economy is built on the ability of consumers to buy and manage their crypto holdings directly, but executing these transactions is often complicated. 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 consumers new to the crypto space. Invity aims to counteract this by showing competitive exchange rates, payment methods, and currency options in a single interface. Combined with its detailed educational materials on crypto topics you need to know, Invity will be an easy-to-access port of entry for crypto start-ups.

Inflow Features

Invity offers its features on its web platform and in the Trezor Suite, which is subject to public beta testing. Several additional features are currently under development and will soon be available wherever Invity is found.

Current Features

Buy crypto: Consumers from most countries in the world can directly convert 36 fiat currencies to 10 cryptocurrencies. Invity’s four purchasing providers (Simplex, BTC Direct, CEX, and Mercuryo) offer payment options including major debit and credit cards and local bank transfer options like SEPA, SOFORT, and more.

Crypto exchange: Users can convert existing cryptocurrencies to over 100 other coins. Fixed and floating rate offers from six providers are regularly included and updated.

Coinmap.org: Consumers can browse through a world map with nearly 20,000 entries reflecting the location of cryptocurrency ATMs and brick-and-mortar merchants that accept crypto. Anyone can add new records at no cost.

Features to come

Invest in crypto: Based on the dollar cost averaging strategy, this feature will allow users to set up fiat-to-Bitcoin transactions that occur automatically and regularly. In this way, consumers will build up a crypto savings account that is somewhat insulated from market volatility.

See also

River Financial doesn't just want to be another exchange: It wants to be the world's first Bitcoin financial institution.

Spend crypto: Invity builds a list of providers that offer crypto-to-fiat functionality through vouchers and other means.

Invity Academy: This course system will give users who are unfamiliar with cryptocurrencies the information they need to start using crypto safely. Built to complement the current selection of blog posts, Invity will present beginner, intermediate and advanced topics in a structured multimedia format.

More information about Invity and its features can be found at Invity.io.

About Invity.io:

Invity.io is a private company founded in 2019 and based in the Czech Republic. Invity has built a network of providers into a comparison tool that offers the best crypto purchase and exchange rates of the entire web in one place. Invity aims to use its simple interface and educational materials to open up the world of crypto to everyone, regardless of their technical knowledge. Invity is also very security conscious and has valuable connections with long-standing crypto players, and is therefore proud to power the buy and exchange platform for the Trezor family of hardware wallets. Invity also maintains Coinmap.org, a mass map of Bitcoin ATM locations and businesses that accept cryptocurrencies worldwide. More info at https://invity.io.

About SatoshiLabs:

SatoshiLabs is a private company founded in 2013 and based in the Czech Republic. The first company’s product was the world’s first cryptocurrency hardware wallet. Its popular flagship product, the Model Trezor T, introduced new security measures like its full-color touchscreen. SatoshiLabs is also the creator of more than 22 innovative security standards such as Recovery, Passphrase, or Shamir Backup, which vastly improve the entire online security industry. Present in over 220 countries around the world, SatoshiLabs continues to be open source, making the best security solutions accessible to anyone, anywhere. More information at www.satoshilabs.com and www.trezor.io.

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