Polymath is developing Polymesh, an enterprise-grade blockchain built to issue security tokens. It aims to bridge the gap between current blockchains and the specific needs of issuers, investors, institutions and regulators when it comes to security tokens. The Polymesh blockchain is focused on confidentiality, identity verification, governance, and compliance, and allows issuers to embed regulatory requirements into the tokens themselves. POLY is a utility token used to pay for Polymath's services.
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 Polymath. 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 Polymath and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Polymath without any technical knowledge. Here is a brief overview of the existing wallet options to store your Polymath:
Hosted wallets are wallets where the private keys to your Polymath 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 Polymath 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 Polymath. 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 Polymath, and if malicious parties have access to your device, your private keys (and therefore your Polymath) can be stolen.
A hardware wallet is a physical device on which you can store your Polymath offline. It is one of the safest ways to store your Polymath, 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 Polymath is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Polymath. Once you have purchased Polymath on Bitvavo, you can choose to send your Polymath from your Bitvavo wallet to your own software or hardware wallet.