Bitvavo makes WOO Network 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 WOO Network?
WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity, trading execution, and yield generation strategies at lower or zero cost. The WOO Token is a utility token deeply embedded within WOO Network's CeFi and DeFi products and services with various yield and governance utilities.
How to buy WOO Network?
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 WOO Network. 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 WOO Network?
Storing WOO Network and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store WOO Network without any technical knowledge. Here is a brief overview of the existing wallet options to store your WOO Network:
Hosted wallets are wallets where the private keys to your WOO Network 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 WOO Network 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 WOO Network. 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 WOO Network, and if malicious parties have access to your device, your private keys (and therefore your WOO Network) can be stolen.
A hardware wallet is a physical device on which you can store your WOO Network offline. It is one of the safest ways to store your WOO Network, 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 WOO Network is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive WOO Network. Once you have purchased WOO Network on Bitvavo, you can choose to send your WOO Network 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.