In recent times, it is easier to go to an exchange platform and purchase TOMO unlike the challenges faced before being able to do that in the early days of 2013.
However, back then the major challenge was that not many altcoins were in existence however, Bitcoin (BTC), as well as Litecoin (LTC), were accessible and because of this, the few crypto exchanges available were only ready for BTC and LTC.
Although, since then many developments and advancements have taken place within the whole cryptocurrency space which has brought about new exchanges.
As a result of the advancements, it is safe to say that you are not at a high risk anymore if you decide to purchase TOMO either with fiat or credit card at any centralized cryptocurrency exchange.
A Brief History of TOMO
The whole cryptocurrency market has grown rapidly over the years, TomoChain is somewhat a young project.
In addition, their initial coin offering (ICO) was executed in March 2018 and the team was able to raise about 8.575.000 in USD at the time.
Also, the ICO price cost about $0.25 per TOMO token. The investment team of this young project made an impressive start by selling the token at ATH which was about $2.30 per token.
As a matter of fact, this was considered an unusual move because at that period the whole cryptocurrency space endured until most recently.
Furthermore, the Dapp began operation on TomoChain which is called TomoApp and it is already accessible in their Appstore as well as via Google Play.
Also, the team is presently working on its own wallet, aiming to combine TomoApp with the Tomochain network and they are working on an API to join with external resources.
This blockchain-based project aims to be a better version of Ethereum (ETH). Just like the Ethereum network, Tomochain uses a native token called TOMO for transaction monetization and fees.
Presently, TOMO token is ranking at the 136th position at Coinmarketcap with a market cap of about 202 million USD.
However, the best exchanges to purchase TOMO include the following:
Binance
Binance was developed by Changpeng Zhao and is a popular blockchain industry expert in putting together trading systems.
He formerly founded BijieTech and headed their development section at Blockchain.info.
In addition, Binance can be regarded as one of the best altcoin trading platforms, by considering the trading volume as well as the number of coins listed on the exchange platform.
USDC, USDT, BTC, and BNB are available here.
Kucoin
This platform can be considered as a contemporary platform for trading almost any cryptocurrency which is mostly targeted at users in Asia.
In addition, this platform was developed by a group of crypto enthusiasts hailed from Asia. They aim to provide convenience and security of your assets.
Besides, it was launched in May 2017 and its headquarters located in China has faced a challenging climate towards cryptocurrencies enacted by the local government.
However, this challenging climate towards cryptocurrency exchanges somehow doesn’t influence the business model of KuCoin much because they aim at foreign or across border markets.
In 2017, the group of founders completed their work and made the platform accessible to the general public.
As of the time of writing, this platform ranks 78 on the list of exchanges and it is derived from the trading volume in the past 24 hours.
One of the outstanding policies this online trading platform has is that it has a free sign-up policy for new users and because of this, registering at this platform can be executed with just an e-mail as well as a mobile phone which hastens the process of purchasing TOMO immediately.
USDT, BTC, and ETH are available here.
BitForex
Another place to purchase TOMO is the BitForex platform. This is one of those cryptocurrency exchanges from Seychelles.
In addition, this exchange platform is one of the six exchanges registered in Seychelles. It aims at a world public as well as and also it has obtained more than 3 million users.
The exchange also has a selection of 92 various trading pairs as well as very impressive liquidity.
Based on the Coinmarketcap website, the exchange has a 24-hour trading volume of about 700 million USD at the time of writing which makes it the fourth-largest exchange platform worldwide, based on trading volume.
ETH and TOMO are available here.
Don’t miss important articles during the week. Subscribe to blockbuild weekly digest for updates
