Holo is a distributed platform for hosting decentralized applications (dApps). The Holo ecosystem offers a marketplace in which dApps can be easily accessible and hosted by Holo network participants.
HoloToken (HOT) is an ERC-20 token that acts as a temporary receipt that participants can exchange for HoloFuel when the Holo network launches. HOT staking and mining are not available since the total amount of HOT is fixed at the end of the ICO. At the same time, the HoloFuel supply is dynamic. Holo network participants will be able to earn HoloFuel either by buying a Holoport or running the Holo software for sharing the computer's processing power to host dApps.
One of the easiest ways to buy a HOT cryptocurrency is to use a global cryptocurrency exchange like CEX.IO. CEX.IO is not just a bitcoin trading platform where you can buy bitcoins with a credit card instantly. Yes, you can do it as well, but in addition you can get access to dozens of cryptocurrencies and use several payment methods to buy crypto and withdraw your funds.
On CEX.IO, there are two services that allow you to buy HoloTokens — Instant Buy and Trade. The Instant Buy service gives you an opportunity to buy HOT instantly by using your payment card or CEX.IO balance. All you need to do is to choose the amount of HOT you want to buy and confirm the transaction. The whole process takes a few minutes.
If you want to trade HOT coin to USD, at first, you need to choose the HOT/USD pair from the long list of available markets. There are more than 100 crypto-to-crypto (BTC/USDT) and crypto-to-fiat (ETH to EUR) pairs available on CEX.IO, so it’s better to use a search field.
After that, you need to place a buy or sell order. You can use the market and limit orders for that. Market orders have an instant execution for the best available price in the order book. Limit order allows you to set the price you want to buy or sell with. Just keep in mind that limit order can fill with a certain delay as the price of the crypto you trade needs to reach the level you set.
After choosing the HOT to USD market, you will find a lot of useful information that should help you to make well-informed trading decisions — HOT chart, last price, trading volume, order book, market depth chart, etc.
Also, HOT/USD trading is available in the CEX.IO mobile app, so you can trade on the go and whenever you want. CEX.IO mobile app even has some features that can make your crypto experience much better. For example, you can set up notifications to be always aware of the market situation.