Bitvavo makes Streamr as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
Streamr is an open source, crowdfunded, decentralized platform for real-time data. At its heart is the Streamr Network, which transports streams of messages from data publishers to subscribers, appearing to the user as a global publish/subscribe messaging service. It is similar in functionality to message queues, enterprise messaging systems, MQTT brokers, Apache Kafka, or pub/sub cloud messaging services. The Streamr Network is run by its community of users, and it heavily relies on cryptography to remove the need for trust. This aims to creates a permissionless and neutral network for real-time data, which can be suitable for use cases such as data sharing, data monetisation, and the decentralized web, extending the capabilities of the underlying internet without compromising its open and decentralized nature.
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 Streamr. 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 Streamr and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Streamr without any technical knowledge. Here is a brief overview of the existing wallet options to store your Streamr:
Hosted Wallet
Hosted wallets are wallets where the private keys to your Streamr 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 Streamr online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
Software wallet
A software wallet is a program installed on your computer or other device in order to use and manage your Streamr. 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 Streamr, and if malicious parties have access to your device, your private keys (and therefore your Streamr) can be stolen.
Hardware wallet
A hardware wallet is a physical device on which you can store your Streamr offline. It is one of the safest ways to store your Streamr, 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 Streamr is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Streamr. Once you have purchased Streamr on Bitvavo, you can choose to send your Streamr from your Bitvavo wallet to your own software or hardware wallet.
