How to buy TomoChain (TOMO) in the US

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is TomoChain?

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. The system allows users to facilitate low fee transactions all while providing fast confirmation times. Furthermore, the ecosystem makes use of certain niche’ “randomization” and “double validation” protocols so as to maintain a high level of data integrity, internal security and individual privacy. TOMO is the native cryptocurrency of the Tomochain ecosystem. It is required by network participants for facilitating network transactions and staking.

TomoChain (TOMO) is the 303rd largest cryptocurrency in the world by market cap, valued at $197,510,404. The current price of TomoChain is $2.32, which is -0.314% lower than yesterday. Prices have ranged between $2.66 and $2.25 over the past 24 hours. All prices are listed in US dollars and accurate as of October 27, 2021 05:10 UTC.

Where to buy TomoChain

If TOMO is not available on exchanges in your local market, then you may need to use a decentralized exchange (DEX). Decentralized exchanges run on blockchains like Ethereum and allow users to trade directly with one another without the need for a middleman.

1. Find TOMO on a decentralized exchange and make sure TomoChain can be traded for ETH which is the native asset of Ethereum. Popular DEXs include:
   • Uniswap
   • SushiSwap
   • 1INCH
2. Buy ETH to trade for TOMO – you can find check a list of exchanges that sell ETH.
3. Transfer the ETH into a personal wallet to trade for TOMO using a web 3.0 wallet like MetaMask to connect to the DEX.

Is it a good time to buy TomoChain?

The technical analysis gauge for TomoChain displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of TomoChain based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of TomoChain: moving averages, oscillators and pivots. Finder is not responsible for how TOMO performs.

TomoChain at a glance

Information last updated October 27, 2021 05:10 UTC.

Coin symbol	TOMO
Coin Marketcap	US$197,510,404
Total TOMO supply	100,000,000
Circulating TOMO	85,145,504
Current price	US$2.32
Notable team members	Long Vuong
Partnerships	Neo, Vietnam Ministry of Education and Training
Industry	Blockchain scaling
Token uses	Governance, staking
Network	TomoChain

TomoChain price performance over time

Historical prices compared with the price of US$2.32.

1 hour	-13.71%
24 hours	-0.31%
7 days	0.49%
14 days	-11.92%

30 days	-3.31%
60 days	7.45%
200 days	11.03%
1 year	-28.16%

How to sell TomoChain

You can cash out your TOMO with the same exchange you bought it through:

1. Sign in to the exchange you have TOMO on.
   If you store your TomoChain in a digital wallet, compare crypto exchanges to sell it on.
2. Place a sell order.
   Choose the amount of TOMO you'd like to sell.
3. Complete your transaction.
   Confirm the sell price and fees and close your sale of TomoChain.

What to consider when buying TomoChain

Below are the aspects you should consider before investing in TOMO:

• 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).

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