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Amoveo

Amoveo

About Amoveo

Amoveo (VEO) bills itself as a highly-scalable proof-of-work blockchain driven by its community and aimed at prediction markets, investment, insurance contracts, and various derivatives, such as stable coins. Amoveo has Bitcoin-like Lightning channels which allow users to transact faster and cheaper than on the blockchain. The price for opening the channel is reportedly less than $1 and the transaction time inside the channel is reportedly in the millisecond range.

How do I buy cryptocurrency?

While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.

Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.

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