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Frequently Asked Questions
Bitvavo makes Marlin Protocol as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
What is Marlin Protocol?
Marlin is a blockchain-agnostic permissionless relay network with built-in incentivization. Marlin is generic and can be integrated with multiple blockchains simultaneously. Furthermore, an incentive structure ensures that trustless nodes can contribute resources to the network without adversely affecting its security guarantees. POND is a standard ERC-20 token contract with a total supply of 10 billion. The Marlin protocol distributes it as a rewards via the subsidy pool for work done by relayers on the network.
How to buy Marlin Protocol?
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 Marlin Protocol. 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.
How to store Marlin Protocol?
Storing Marlin Protocol and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Marlin Protocol without any technical knowledge. Here is a brief overview of the existing wallet options to store your Marlin Protocol:
Hosted wallets are wallets where the private keys to your Marlin Protocol 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 Marlin Protocol 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 Marlin Protocol. 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 Marlin Protocol, and if malicious parties have access to your device, your private keys (and therefore your Marlin Protocol) can be stolen.
A hardware wallet is a physical device on which you can store your Marlin Protocol offline. It is one of the safest ways to store your Marlin Protocol, 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 Marlin Protocol is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Marlin Protocol. Once you have purchased Marlin Protocol on Bitvavo, you can choose to send your Marlin Protocol from your Bitvavo wallet to your own software or hardware wallet.
Direct Euro Transfers
Buying digital assets with Euros has never been easier. Bitvavo supports 8 payment methods, including SEPA for instant transfers.