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Convert
Thai Baht (THB) to Holo (HOT) Instantly

THB THB
HOT HOT
Buy Holo (HOT)

Purchase Holo (HOT) with Thai Baht (THB) 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 THB to HOT Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Holo Wallet Address

    Provide your HOT wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Holo

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

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Frequently asked questions

  • What is the THB/HOT trading pair and how does it function on a cryptocurrency exchange?

    The THB/HOT pair represents the exchange rate between the Thai Baht (THB) and the Holo (HOT) token. On a cryptocurrency exchange, this pair allows you to directly purchase the HOT digital asset using Thai Baht. Transactions are managed through an order book, where buy and sell orders are matched, providing a direct fiat on-ramp into the Holochain ecosystem for users in Thailand.

  • What are the common methods for purchasing Holo (HOT) using Thai Baht?

    The most common method is through a regulated Thai cryptocurrency exchange that lists the THB/HOT pair. This typically involves completing KYC/AML compliance, then funding your account via a local Thai bank transfer or QR code payment. Once funded, you can place an order to buy HOT. Alternatively, P2P platforms might offer trades, but using a regulated fiat gateway is often more direct.

  • What makes Holochain's technology, represented by the HOT token, different from traditional blockchains?

    Holochain is not a blockchain. It's an open-source framework for building fully distributed, peer-to-peer applications. Instead of a global consensus mechanism, it uses an agent-centric model where each user has their own secure ledger, managed by a distributed hash table (DHT). This data integrity engine is designed to be more scalable and efficient for powering decentralized applications (hApps), with the HOT token acting as a placeholder for HoloFuel, the future currency for decentralized hosting services.

  • What are the typical transaction fees when buying HOT with THB on an exchange?

    When purchasing HOT with THB, you'll encounter several potential fees. First, there might be a deposit fee for funding your account with Thai Baht via bank transfer. Second, the exchange will charge a trading fee, often a small percentage of the transaction value. Finally, when you move your HOT tokens to a personal digital wallet, you will pay a network withdrawal fee. Since HOT is currently an ERC-20 token, this fee is paid in ETH to cover gas costs on the Ethereum network.

  • How can I securely store my Holo (HOT) tokens after a THB purchase?

    For maximum security, it is highly recommended to transfer your HOT tokens from the exchange to a personal digital wallet where you control the private keys. Since HOT is an ERC-20 token, it is compatible with any Ethereum-based wallet. Options include hardware wallets for the highest level of security, or software wallets like MetaMask. Always back up your seed phrase and never share your private keys.
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