Trezor Integrates Ethereum Staking Into Hardware Wallet App

IconCryptoNewsTerminal Staff20 May, 2024

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Trezor Integrates Ethereum Staking Into Hardware Wallet App

Trezor, a leading hardware cryptocurrency wallet manufacturer, has announced the integration of Ethereum (ETH) staking into its Trezor Suite hardware wallet software. This new feature, developed in partnership with blockchain infrastructure provider Everstake, enables users to stake their ETH directly from their Trezor wallets. To participate in staking, users require a minimum of 0.1 ETH in their Trezor wallet. Once staked, users can earn rewards while their ETH is held securely in cold storage, mitigating the risks associated with staking on exchanges or other platforms. This integration marks a significant step forward for Trezor, offering users a convenient and secure way to participate in Ethereum staking. By leveraging the security of their hardware wallets, users can enjoy the benefits of staking without compromising the safety of their crypto assets.