Bitvavo makes Rocket Pool 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 Rocket Pool?
RPL is an ERC-20 token on Ethereum. Rocket Pool is a decentralized Ethereum staking pool that sees itself as a complement to staking-as-a-service providers and essentially offers anyone to participate in ETH2 staking, regardless of their capital investment or level of technical knowledge. Rocket Pool provides liquid staking, and next to that offers smart nodes — a custom node software allowing anyone to run a node on its network.
How to buy Rocket Pool?
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 Rocket Pool. 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 Rocket Pool?
Storing Rocket Pool and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Rocket Pool without any technical knowledge. Here is a brief overview of the existing wallet options to store your Rocket Pool:
Hosted wallets are wallets where the private keys to your Rocket Pool 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 Rocket Pool 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 Rocket Pool. 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 Rocket Pool, and if malicious parties have access to your device, your private keys (and therefore your Rocket Pool) can be stolen.
A hardware wallet is a physical device on which you can store your Rocket Pool offline. It is one of the safest ways to store your Rocket Pool, 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 Rocket Pool is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Rocket Pool. Once you have purchased Rocket Pool on Bitvavo, you can choose to send your Rocket Pool 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.