Tomochain is a scalability solution for Ethereum that focuses on improving Ethereum's performance and transaction speed. Tomochain's blockchain uses a novel PoSV consensus, which is a Proof of stake protocol with a voting mechanism. Tomochain aims to build an entire ecosystem to support a variaty of blockchain protocols and projects.
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 TomoChain. 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 TomoChain and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store TomoChain without any technical knowledge. Here is a brief overview of the existing wallet options to store your TomoChain:
Hosted Wallet
Hosted wallets are wallets where the private keys to your TomoChain 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 TomoChain 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 TomoChain. 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 TomoChain, and if malicious parties have access to your device, your private keys (and therefore your TomoChain) can be stolen.
Hardware wallet
A hardware wallet is a physical device on which you can store your TomoChain offline. It is one of the safest ways to store your TomoChain, 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 TomoChain is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive TomoChain. Once you have purchased TomoChain on Bitvavo, you can choose to send your TomoChain from your Bitvavo wallet to your own software or hardware wallet.