Staking TOMO assists in securing the network and provides proportional rewards to the number of votes each masternode receives. To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those https://www.tokenexus.com/ ready. Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that’s right for you.
- Ledger Nano is a hardware wallet that enables you to store your cryptocurrencies offline securely.
- Yes, you can buy TOMO with ETH by using a platform like Binance to exchange Ethereum for TomoChain.
- However, some time and effort are invested, but this makes Coinbase the most trusted and reliable way to convert ordinary currency into cryptocurrency.
- The rewards earned from staking depend on the performance of the selected Masternodes.
- If you don’t want to use KuCoin, there are plenty of alternatives – here’s a list of all the exchanges where you can buy TOMO.
- To purchase TOMO on 7b, transfer funds to your balance, use the search bar to instantly find TOMO, enter how many coins you want to buy, and confirm the payment.
If you want to buy TomoChain with cash, you will have to buy Bitcoin first and then exchange bitcoins for TomoChain using a platform like Binance. Talking about purchasing crypto, there are a number of advantages of investing in crypto-currency. They will ask you for your contact number, verify your bank account or your card (credit or debit), will ask you to upload an image of your photo ID as well. Only after the verification you will be able to buy cryptocurrency. Buying TOMO with a secure SEPA bank transfer is suitable for smaller and larger purchase amounts and has lower fees than purchasing with a debit or credit card. TomoChain is a disruptive network that aims to improve on the existing scalability inefficiencies of the Ethereum blockchain.
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It is often the first to offer buying opportunities for new tokens. You cannot directly buy TomoChain using PayPal at this time. If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for TomoChain by using a cryptocurrency platform like Binance. Coinomi is a software wallet that is compatible with Android, iOs, Windows, Linux, and macOS.
Masternodes are responsible for validating transactions and producing blocks on the TomoChain blockchain. By staking TOMO, you help secure the network and earn How to buy Tomo rewards in return. An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Viction.
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- Apple Pay and Google Pay are the quickest ways to buy TOMO with a credit or a debit card from your iOS or Android device.
- We rank top in the quantity of crypto listed among the first-tier exchanges.
- Through this complete guide, you’ll discover how to buy TomoChain with your funds and useful strategies to earn more TOMO using trading bots.
- It is quite common for the transaction to take up to half an hour to complete, so don’t expect the funds to be available on your KuCoin account instantly.
- Content may not always be entirely accurate, complete or current.
The first step to staking TomoChain is to download and install the official Tomo Wallet app from either the Google Play Store or the App Store depending on your device. After installing, create a new wallet or import an existing one. To stake TOMO, you need a TomoWallet or Metamask wallet connected to the TomoChain network.
Finder.com is an independent comparison platform and
information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site. The whole process can take as little as 15 minutes and all you’ll need is a smartphone or computer, an internet connection, photo identification and a means of payment.