Luxembourg-based bitcoin exchange Bitstamp, one of the first digital currency exchanges in the EU to be regulated by the Luxembourg Financial Industry Supervisory Commission this year, has announced that traders can now initiate Bitcoin deposits and withdrawals directly via TREZOR hardware wallet.
The TREZOR wallet is manufactured by Czech-based SatoshiLabs, a company with a stellar reputation in the digital currency industry. The firm is also known for launching the first Bitcoin mining pool, SlushPool, during the early days of the digital currency movement.
Hardware bitcoin wallets are much more secure than online wallets like Blockchain.info and standard PC wallets, which are vulnerable to a variety of hacking attacks. Bitstamp has taken numerous steps to insure the security and privacy of their customers in the aftermath of the Bitfinex exchange hack in August, 2016, which sent shock waves through the industry. In September, Bitstamp also added support for the Ledger hardware wallet.
Bitstamp is holding a TREZOR weekly giveaway to celebrate and all active clients can participate by completing at least one trade during the week:
“If you wish to participate, simply make one active trade in the week preceding the draw and hope for the best. Every Wednesday, starting on October 26th, one lucky winner will be chosen.”