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Bitvavo makes Origin Protocol as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
Origin Protocol is a platform that enables participants to create peer-to-peer marketplaces, with a focus on NFTs (Non-fungible tokens). The platform uses both the Ethereum blockchain and the Interplanetary File System (IPFS) to decentralize marketplaces and eliminate intermediaries. The Origin Token (OGN) is the governance and value accrual token for the entire Origin Platform and suite of products.
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
Create a free account with which you can buy, sell, send, receive and store Origin Protocol. Access your Bitvavo account from every location, on mobile and desktop.
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
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 Origin Protocol and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Origin Protocol without any technical knowledge. Here is a brief overview of the existing wallet options to store your Origin Protocol:
Hosted wallets are wallets where the private keys to your Origin 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 Origin 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 Origin 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 Origin Protocol, and if malicious parties have access to your device, your private keys (and therefore your Origin Protocol) can be stolen.
A hardware wallet is a physical device on which you can store your Origin Protocol offline. It is one of the safest ways to store your Origin 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 Origin Protocol is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Origin Protocol. Once you have purchased Origin Protocol on Bitvavo, you can choose to send your Origin Protocol from your Bitvavo wallet to your own software or hardware wallet.
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