In this guide you’ll get information about where to buy Holo, if you are planning to buy HOT token – You’re in the right place!
Holo is a platform supporting Holochain apps (hApps) where anyone can become a host and choose what hApps to serve. This distributed peer-to-peer hosting platform also enables host to set their own hosting prices and manage other things. In Holochain, a private fork is stored and managed in a limited way on the public blockchain, and this is maintained by each agent in the public blockchain. It means, no true global consensus is maintained.
The mechanism above enables each device on a network to properly and independently function, thus only requires data synchronization when needed, or agreed upon by users. In this way, dApps hosted on Holochain can have higher scalability. Holochain dApps can be developed with Lisp or JavaScript. The ecosystem of Holo relies on hosts that provide storage and processing for the dApps.
- Official Site : https://holo.host/
- Bitcointalk : https://bitcointalk.org/index.php?topic=2963267.0
- Twitter : https://twitter.com/h_o_l_o_
- Reddit : https://www.reddit.com/r/holochain/
- Telegram : https://t.me/s/holohosting?after=65
- White Paper : https://holo.host/whitepapers/
Table of Contents
Holo (HOT) Features
- Green Solution. Proof or Work blockchains are environmentally destructive as they require a lot of energy. Holochain offers a green solution to the problem. Holochain only uses a small amount of bandwidth as it does not store and validate the entire blockchain unlike most other traditional blockchains. Moreover, the electricity used in minimal because there is no mining component to Holochain, making it far better environmentally friendly approach.
- Node Data Access. The Holochain main chain verify the data on every node’s blockchain based on a series of rules instead on keeping all of the data of each node in the entire blockchain. This verification occurs on a distributed hash table to prevent data loss when a node goes offline.
- Unlimited Scalability. In Holochain, scalability is unlimited. The way it handle a number of transactions is seen differently from the way traditional blockchains do. It is because Holochain does not keep a global consensus of data on the blockchain. Instead, data type and validity is recorded on a distributed hash table.
Where to Buy, Sell and Trade Holo aka HOT
You can basically use debit card, credit card, or even PayPal to buy the Holo (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Holo as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin first. After you get the Ethereum or Bitcoin, you can convert it to Holo. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum or Bitcoin
- Find a crypto exchange that supports Holo currency and exchange your Ethereum or Bitcoin with the Holo
- Store your Holo to a secured wallet
That’s the first step in buying Holo, once you get your Bitcoin or Ethereum, you can continue to the next step.
Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH with Holo:
Binance is the top-ranked cryptocurrency exchange in the market, and it’s the place to go to trade large volumes of digital assets. They established their operations back in 2017 in Malta, one of the few countries to openly embrace cryptocurrencies as a financial instrument. They currently average up to 1.2 billion dollars in trade right now. Binance.com is unable to provide services to U.S. citizens or residents.
- Deposit Methods: Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & 5+ more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & 345+ more
- Trading Pairs: 1189+
Bybit is a leading cryptocurrency exchange offering a secure and efficient trading platform for digital asset enthusiasts. Founded in 2018, it specializes in derivatives trading, including perpetual and futures contracts, with high leverage options. Known for its user-friendly interface, Bybit caters to both novice and professional traders. The platform provides advanced tools, including charting and risk management features, ensuring a seamless trading experience. Bybit also supports spot trading, staking, and passive income opportunities. With 24/7 customer support, robust security measures, and a reputation for reliability, Bybit has become a popular choice for crypto traders seeking innovation and transparency.
- Deposit Methods: Cryptocurrency, Credit/Debit card, Third-party payment services, Peer-to-Peer (P2P) trading
- Fiat Currencies: USD, EUR, GBP, JPY, and 60+ more
- Supported Cryptocurrencies: BTC, ETH, XRP, LTC, DOGE, and 300+ more
- Trading Pairs: 500+
MEXC is a global cryptocurrency exchange platform known for its user-friendly interface, extensive range of listed cryptocurrencies, and innovative features. Established in 2018, MEXC provides trading services such as spot, futures, and margin trading, catering to both beginners and advanced traders. The platform supports a wide variety of altcoins, often listing new and promising projects. MEXC is popular for its high liquidity, competitive trading fees, and robust security measures, including two-factor authentication and fund protection protocols. It also offers staking and earning opportunities through its launchpad and DeFi integration, making it a versatile choice for crypto enthusiasts worldwide.
- Deposit Methods: Bank transfer (ACH), Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & over 2,700 others
- Trading Pairs: Over 3,000
IMPORTANT! Once you are registered to any of the above, find the BTC/HOT or ETH/HOT trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum.
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Holo (HOT) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Holo (HOT) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Holo. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Holo (HOT) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Holo (HOT) with Skrill?
You can’t buy HOT directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Holo. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy Holo (HOT) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair BTC/HOT and begin the transactions.
Can I Buy Holo (HOT) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support ETH/HOT trading pair.
What Is the Best Payment Method to Buy Holo (HOT)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the Holo right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Holo (HOT)?
Once you have purchased the Holo, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Holo (HOT)?
Find a crypto exchange which allow pairing HOT with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Holo (HOT) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Holo is to buy it from a reliable exchange.
Conclusion
Holo (HOT) is a new bridge to the internet where the community is rebuilding it through an innovative and encouraging network. Holo runs peer-to-peer web apps that uses spare computing power from its device to replace the middleman. This allows users to create and run a cloud, giving them control of their data and relationships. If you are planning to invest in Holo (HOT), there is a chance that the investment will bring some profit in the future.
