Helium is a distributed network of hotspots that create public, long-range wireless coverage for IoT devices. Hotspots produce and are compensated in HNT, the native cryptocurrency of the Helium blockchain. The Helium blockchain is an open source, public blockchain created to incentivize the creation of physical, decentralized wireless networks.
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 Helium. 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 Helium and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Helium without any technical knowledge. Here is a brief overview of the existing wallet options to store your Helium:
Hosted wallets are wallets where the private keys to your Helium 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 Helium 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 Helium. 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 Helium, and if malicious parties have access to your device, your private keys (and therefore your Helium) can be stolen.
A hardware wallet is a physical device on which you can store your Helium offline. It is one of the safest ways to store your Helium, 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 Helium is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Helium. Once you have purchased Helium on Bitvavo, you can choose to send your Helium from your Bitvavo wallet to your own software or hardware wallet.