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TomoChain (TOMO) is a blockchain project created directly for commercial use by companies. Utilizing the Proof-of-Stake consensus voting model, TomoChain Coin enables millions of users and companies to perform transactions on the blockchain without any restrictions.
What is TomoChain (TOMO)?
TomoChain Coin is involved in numerous transactions and applications focused on the DeFi sector. The network, capable of handling up to 2,000 transactions per second, boasts a block time of 2 seconds and zero dollar gas transaction fees. The integration of the network and its cryptocurrency with the EVM, i.e., Ethereum Virtual Machine, is also notable.
TOMO Coin Analysis
Looking at the analyses of TOMO, it is seen that it is the 146th cryptocurrency and occupies an important part of the sector. In the last 24 hours, TOMO has achieved a volume of 8 million dollars, and its total market value is at the level of 61 million dollars. TOMO, which has a total supply of 100 million, has a much lower circulating supply, at 76 million units. The price of TOMO not only surged during the rally in 2017 but also experienced a significant increase during the 2019 rally. Now, the 2020 altcoin rally could bring TOMO back to its previous levels.
How to Purchase TomoChain Coin?
What needs to be done to purchase TOMO Coin? Binance emerges as the most popular platform for users in this regard. The liquidity and security offered by Binance also influence investors to choose it.
- To buy TOMO Coin, you first need to deposit USD balance to the exchange or purchase a cryptocurrency that can be used instead. For this, first go to the Binance homepage, click on the “Buy Crypto” option in the upper left, and then click on the “Credit/Bank Card” tab.
- In the opened tab, select how much USD you want to transact with, and mark Bitcoin, i.e., BTC, in the Coin section.
- After purchasing BTC, preview the “Buy-Sell” option in the upper left and click on the “Classic” tab.
- In the opened section, select the BTC tab from the upper right, enter TOMO in the search button, and select the TOMO/BTC pair that opens below.
- Then go to the middle “BUY TOMO” tab, enter the amount you want to buy.
- Enter the desired amount and complete the process of purchasing TOMO Coin by confirming the transaction.
