In this guide you’ll get information about where to buy WOM Protocol, if you are planning to buy WOM token – You’re in the right place!
WOM Protocol is created (and designed) to be a transparent platform that encourages peer-to-peer effective marketing strategies. The platform wants to provide a robust and scalable economy that can benefit the blockchain power. Basically, the platform believes in the most effective marketing type, which exist in the words of mouth. After all, WOM is the short of Word of Mouth.
The traditional marketing and advertising have become obsolete. It becomes ineffective and also costly. It isn’t helpful to help brands reach out to consumers in the most authentic and effective way. The platform believes that ad-less would be a more promising future in the business industry. The platform would reward creators while giving access to strong WOM contents for brands. Instead of pushing in ads to those who aren’t interested in seeing them, the platform creates a better and more positive integration through reward giving.
Table of Contents
WOM Protocol (WOM) Features
- Ecosystem and community. The ecosystem consists of users community who take part in interacting, operating, and building with distribution services as well as content creation. The interaction is transparent and direct without any middleman, which affect the cost and speed.
- Different types of participants. The platform has content creators, content platforms, authenticators, TGE participants, consumers, and brands (including marketers and retailers) as the participants and stakeholders.
- Different sections for different users. For marketers, the platform can boost sales through honest WOM strategies and recommendations. For publishers, the platform is able to leave traditional ads and focus on non-invasive (and more promising) revenue stream. For creators, they can get rewards for their WOM recommendations.
- dApps. WOM Entity is responsible for the designing and creation of the dApps, which can be helpful in managing the transactions and agreements. WOM dApps is created as an open source stuff to attract developers and allow them to build their customized apps or campaign managers to interact with the protocol.
Where to Buy, Sell and Trade WOM Protocol aka WOM
You can basically use debit card, credit card, or even PayPal to buy the WOM Protocol (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the WOM Protocol as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy Tether first. After you get the ETH or BTC or USDT, you can convert it to WOM Protocol. 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 (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports WOM Protocol currency and exchange your Ethereum / Bitcoin / Tether with the WOM Protocol
- Store your WOM Protocol to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT) at Coinbase
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying WOM Protocol, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: 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 or USDT 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 or USDT with WOM Protocol:
IMPORTANT! Once you are registered to the crypto exchange above, Go back to COINBASE and send your Bitcoin/Ethereum/Tether to your new exchange. Find the WOM/BTC or WOM/ETH or WOM/USDT trading pair and then place the order to buy those pairing cryptocurrencies.
Most likely you’ll find this pair available to you WOM/USDT – so you need to convert your BTC or ETH to USDT first in order to buy WOM Protocol (WOM)
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 WOM Protocol (WOM) 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.
- 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 WOM Protocol (WOM) 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 WOM Protocol. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy WOM Protocol (WOM) 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 WOM Protocol (WOM) with Skrill?
You can’t buy WOM directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to WOM Protocol. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy WOM Protocol (WOM) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair WOM/BTC and begin the transactions.
Can I Buy WOM Protocol (WOM) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support WOM/ETH trading pair.
What Is the Best Payment Method to Buy WOM Protocol (WOM)?
The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the WOM Protocol right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect WOM Protocol (WOM)?
Once you have purchased the WOM Protocol, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell WOM Protocol (WOM)?
Find a crypto exchange which allow pairing WOM with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine WOM Protocol (WOM) 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 WOM Protocol is to buy it from a reliable exchange.
WOM Protocol is about changing the traditional marketing system that we have been familiar with. By integrating technologies, features, and rewards, the platform wants to change the world of marketing and sales – making it more interesting and more profitable. The platforms wants to prove that marketing can be fun and exciting; not all dull and boring. However, those who are interested in joining the ecosystem must buy WOM Protocol (WOM) to gain access to it.