Gnosis is a decentralized betting market built on the Ethereum blockchain. Users can create markets where they speculate on the outcome of any event they wish, since the markets are user generated. The GNO token is used to maintain and operate the Gnosis network. Holding GNO allows users to access GNO smart contracts, participate in the protocol's governance, and take part in the prediction markets on the Gnosis platform.
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
1. Sign Up
Create a free account with which you can buy, sell, send, receive and store Gnosis. Access your Bitvavo account from every location, on mobile and desktop.
2. Transfer Funds
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
3. Buy and Trade
Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.
Storing Gnosis and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Gnosis without any technical knowledge. Here is a brief overview of the existing wallet options to store your Gnosis:
Hosted wallets are wallets where the private keys to your Gnosis are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Gnosis online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
A software wallet is a program installed on your computer or other device in order to use and manage your Gnosis. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Gnosis, and if malicious parties have access to your device, your private keys (and therefore your Gnosis) can be stolen.
A hardware wallet is a physical device on which you can store your Gnosis offline. It is one of the safest ways to store your Gnosis, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Gnosis is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Gnosis. Once you have purchased Gnosis on Bitvavo, you can choose to send your Gnosis from your Bitvavo wallet to your own software or hardware wallet.