How to buy TomoChain (TOMO)

You can buy TomoChain (TOMO) on a cryptocurrency exchange like KuCoin. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. TomoChain is an Ethereum Virtual Machine (EVM) compatible blockchain that seeks to help solve the many different scalability issues being faced by major crypto platforms today. Here's how to buy TomoChain.

Where to buy TomoChain

Find an exchange to buy, sell and trade TOMO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

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Name	Product	Deposit methods	Fiat Currencies	Cryptocurrencies
KuCoin Cryptocurrency Exchange		Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA	USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND	660 cryptocurrencies	Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply. Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.	Go to site View details	Compare	loading Fetching your data...
Crypto.com App 2.8★★★★★(76) Finder Award		Bank transfer (ACH), Bank transfer, Credit card, Cryptocurrency, Debit card, Wire transfer, TransferWise, Apple Pay, Google Pay	USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR	286 cryptocurrencies	Buy 260+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.	Go to site View details	Compare	loading Fetching your data...
Paybis Cryptocurrency Exchange		Bank transfer, Debit card, Neteller, Credit or Debit Card	EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more	404 cryptocurrencies	Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange. US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.	Go to site View details	Compare	loading Fetching your data...

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How do I find the best places to buy TomoChain?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy TomoChain?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading TomoChain.

• This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
• Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing TOMO with your local currency then you will need to pass KYC.
• Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy TomoChain with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy TOMO with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy TOMO on the following exchanges:

Platform	Bank deposit	Card deposit	Crypto deposit	Buy TOMO
				Go to KuCoin Cryptocurrency Exchange
				Go to Crypto.com App
				Go to Paybis Cryptocurrency Exchange

• Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
• Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
• Cryptocurrency: You can usually purchase TOMO by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for TOMO on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy TomoChain?

The easiest way to buy TOMO is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying TOMO, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of TomoChain has been performing recently.

Best TomoChain wallets to store your TOMO

You can keep your TOMO on the exchange you purchased it on, or move it to a personal wallet:

• Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
• Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.

Is TomoChain a good investment?

• Fast and scalable: TomoChain’s functional output depends on a set-up that includes a total of 150 masternodes. These masternodes make use of a Proof of Stake Voting (PoSV) consensus model to help facilitate transactions that are not only instant but also feature very little transfer fees.
• High throughput: While Bitcoin is currently able to process around 5-7 transactions (tx) per second and Ethereum is able to handle around 20, TomoChain claims to offer a transaction throughput rate of around 2,000 transactions.
• Solid backing team: The project is headed by co-founder and CEO Long Vuong, who has previously been associated with a number of high-profile projects, including NEM. Le Ho is TomoChain’s co-founder and CFO. She has previously served as the director for HSC Securities’ Investment Banking Division. Lastly, the company has also been able to bring onboard its advisory panel a number of reputable industry leaders including Roger Lim from NEO Global Capital and Kambria co-founder Thuc Vu.
• Employs sharding: To help with its scalability efforts, TomoChain employs sharding, wherein data sets are broken down into smaller fragments that are subsequently processed in conjunction with each other, thus allowing for faster information relay within the network.
• Token supply mechanics: TomoChain also makes use of a variable supply token model, wherein a total of 100 million TOMO can come into existence during the first 8 years of the project’s life cycle. However, following this period, the platform’s masternodes have the option of increasing the currency’s total supply by 0.5-1 million tokens per year (which works out to an inflation rate of around 0.5%-1% per annum).

Additional information about TomoChain can be found using our TOMO analysis tools.

Today's TomoChain price versus ATH

Compare today's price of TomoChain ($0.45762 USD) against its all-time-high price of $2020-03-13T02:24:15.954Z USD on 01 January 1970. The closer the bar is to 100%, the closer TOMO is to reaching its ATH again.

How to trade, convert or sell TomoChain

1. Sign in to the exchange you have TOMO on.
2. If you store your TomoChain in a digital wallet, compare crypto exchanges to convert or sell it on.
3. Choose Sell or Convert and place a sell order.
4. Choose the amount of TOMO you'd like to convert or sell.
5. Confirm the sell price and fees and close your sale of TomoChain.
6. Complete your transaction and move your TOMO to a wallet for storage.