Trezor has introduced the integration with 1inch Fusion, offering users the ability to engage in gasless trading through the Trezor Suite app. This development promises a significant enhancement in user trading experience.
What is 1inch Fusion?
1inch Fusion is an integration that allows hardware wallet users to execute trades without paying gas fees. It provides a more secure and cost-efficient trading of cryptocurrencies.
Advantages of the Integration
The collaboration between Trezor and 1inch has led to the inclusion of the 1inch Swap API into the Trezor Suite, enabling gasless swaps and MEV protection. This improves overall user experience and broadens access to various decentralized exchanges.
Future Perspectives and Market Impact
The integration is expected to impact adoption rates and efficiency, particularly benefiting holders of the 1inch (1INCH) token. However, the overall effect on total value locked and liquidity fluctuations remains moderate.
The integration of 1inch Fusion into Trezor is a significant step in the development of cryptocurrency wallet functionality, supporting the trend towards accessible decentralized finance. It emphasizes the importance of security and cost savings for users in the context of the growing use of gasless transactions.