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Convert
New Zealand Dollar (NZD) to Holo (HOT) Instantly

NZD NZD
HOT HOT
Buy Holo (HOT)

Purchase Holo (HOT) with New Zealand Dollar (NZD) easily at Switchere and benefit from fast, secure transactions.

About
Holo (HOT)

Holo (HOT) powers a distributed cloud hosting marketplace for peer-to-peer applications built on Holochain, an innovative framework designed as an alternative to traditional blockchain technology. Holochain aims to solve scalability and adaptability issues inherent in many blockchain architectures by shifting from a data-centric model to an agent-centric one. This means each user runs their own secure, tamper-resistant ledger, enabling intrinsic data validation without requiring network-wide consensus for every interaction. This approach significantly enhances efficiency and reduces computational overhead, fostering a truly decentralized network. The Holochain framework enables the creation of hApps (Holochain applications) that are scalable, fast, and more energy-efficient than many dApps on conventional blockchains.

The HOT token, an ERC-20 token, currently serves as an IOU that will be swappable for HoloFuel upon the mainnet launch. HoloFuel is designed as a mutual credit currency, specifically for paying for hosting services provided by HoloPort operators and other hosts within the Holo network. This utility token facilitates microtransactions and access to computational resources, underpinning the economic model of this decentralized hosting ecosystem. Holo aims to bridge the gap between the existing centralized internet and the emerging decentralized web, providing essential Web3 infrastructure and empowering individuals by giving them control over their own data and applications within a peer-to-peer framework. It represents a significant step towards a more distributed and user-centric digital landscape.

Holo (HOT)

How to Buy Holo (HOT)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose NZD to HOT Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Holo Wallet Address

    Provide your HOT wallet address and proceed with the payment.

  3. 03

    Receive Your Holo

    Complete the payment, and your HOT will be sent to your wallet.

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NZD
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NZD
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NZD
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NZD
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NZD
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NZD
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NZD
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STND
NZD
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STG
NZD
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NZD
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GMTBSC
NZD
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STORJ
NZD
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STMX
NZD
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NZD
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NZD
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NZD
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NZD
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NZD
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NZD
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Frequently asked questions

  • What is the NZD/HOT trading pair and what does it represent?

    The NZD/HOT trading pair represents the exchange rate between the New Zealand Dollar (NZD) and Holo (HOT). It allows you to use a fiat on-ramp to directly purchase the HOT digital asset, which is a token for the Holochain network. This network facilitates peer-to-peer hosting for scalable decentralized applications, known as hApps.

  • What are the common methods to buy Holo (HOT) using NZD?

    The most common method is through a centralized cryptocurrency exchange that supports NZD deposits. You'll typically need to create an account, complete KYC/AML compliance, and then fund your account using an NZ bank transfer or a debit/credit card. Once your account is funded with NZD, you can place an order on the NZD/HOT market to execute the trade.

  • How does Holochain's agent-centric model differ from traditional blockchains?

    Unlike traditional blockchains that require global consensus for every transaction, Holochain uses an agent-centric model. Each user (agent) maintains their own local chain of actions, which is validated by a selection of peers using a Distributed Hash Table (DHT). This post-blockchain architecture avoids network-wide bottlenecks, enabling greater scalability for hApps and a different approach to data integrity.

  • What kind of fees should I expect when converting NZD to HOT?

    There are typically three types of fees: 1) Deposit fees for transferring NZD into the cryptocurrency exchange. 2) Trading fees, which are a small percentage of the transaction value when you buy HOT on the order book. 3) Withdrawal fees, a fixed amount charged when you move your purchased HOT from the exchange to your personal digital wallet for secure storage.

  • Do I need a HoloPort to own HOT tokens purchased with NZD?

    No, you do not need a HoloPort device to simply buy and hold HOT. A HoloPort is a physical device for individuals who want to provide hosting power to the Holo peer-to-peer network and earn HoloFuel. For holding HOT purchased with NZD, you only need a compatible ERC-20 digital wallet, as HOT is currently an ERC-20 token on the Ethereum network.
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