How to Buy Holochain in Canada

What is Holochain (hot)?

Holo coin (HOT) is an ERC-20 token that runs on the Ethereum blockchain. Holo is a peer-to-peer platform for hosting decentralized applications (dApps), allowing creators to build applications without using blockchain technology. Holo aims to act as the bridge between blockchain-based applications that are traditional in the crypto space and mainstream web applications. Holo was founded by veteran software developers Arthur Brock, who previously contributed to the Metacurrency Project, and Eric Harris-Brock who founded Geek Gene.

Why Holo?

Holo’s token, HOT, is used as a utility token for the Holo network, and users who offer computational power to the network are rewarded with tokens. In the future, Holo is looking to migrate to a new token called HoloFuel which will act as an accounting system to pay hosters for their services, and the ERC-20 based HOT tokens will be redeemable for Holofuel. Holo’s mission is to build a better web that supports its community, allowing anyone to cloud-host and earn revenue in HoloFuel.

* Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.

How can I buy Holochain?

Direct Purchase

You can buy cryptocurrency from individuals or through other unregulated sources. This can be more risky as there’s no guarantee they’ll hold up their end of the deal.

Via a regulated cryptocurrency platform

Recommended

The safest and easiest way to buy Holochain is through a regulated trading platform like Newton.

Why Newton?

Newton offers an easy way to buy and sell cryptocurrency in Canada at great prices.

Here's how to buy Holochain in Canada

Sign-up in Canada for an account.

Create an account and add funds or choose an amount of your currency to trade.

Trade fiat or crypto for stablecoin*.

Trade your chosen currency into a stablecoin*.

Send to your desired exchange.

Find an exchange that offers hot, then transfer your crypto to that exchange.

Initiate purchase and you're done.

Go through the steps to purchase, and that's it.

Why use stablecoins* when transferring to an exchange?

Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.

It's easy to get started

Buy & Sell Holochain quickly on your phone or computer.

1 Create an account.

Provide a few details about yourself to get verified. This can take less than 5 minutes!

2 Fund your account.

Use Interac e-Transfer, wire transfer, or crypto deposit.

3

Start exploring.

You can trade crypto quickly and easily right away on your phone or on web.

Why you'll love trading Holochain on Newton.

Newton is Canada's low-cost cryptocurrency trading platform with transparent prices and low trading fees. We offer high liquidity and institutional-grade third party custody for your digital assets.

Some of the best prices in Canada.

We care about our prices as much as you do. That’s why we’re always keeping track of competitor prices to give you one of the best deals in town.

Great security features.

Multi-Factor Authentication (MFA), New Device Registration, Login Activity, Anti-Phishing Code, Setting a Trusted Contact, Adding a Trusted Device, and More!

Low-cost and no-commissions.

Extra fees suck. That’s why you can fund and withdraw fiat and crypto without paying a single Newton fee - we even cover some network fees!

Easy to use.

Trading your favourite cryptocurrency assets should be a quick and painless process. That’s why we made our platform so easy to use. You can make a trade in under 30 seconds (we checked :)

Trustable.

If you can’t sleep at night, we can’t sleep at night. That’s why we make sure your funds are safe and sound. All of your funds are backed 1-to-1 and are in institutional third-party cold storage or hot wallets.

Proudly Canadian.

We want cryptocurrency to be taken seriously, so we’re always working to make sure we're compliant with current and anticipated Canadian regulations.

Where do I keep my Holochain?

After you've purchased crypto, the next step is to find the best way to secure it.

We have institutional third-party custody to keep your crypto safe. You can rest easy knowing that your crypto is waiting for you, just a login away. For those that prefer to self-custody, you can send your crypto to your personal wallet.

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