The Tera Virtua Kolect and its native coin TVK are a growing NFT platform, allowing users to interact, browse, and trade NFT pieces via a market, a Metaverse gallery, and even an AR/VR platform. With changes in the NFT market coupled with expanding growth in the AR/VR market, projects such as TVK occupy an interesting space within the crypto ecosystem. So in this article, we are going to talk a little about TVK, discuss its background and history, and provide you with an easy-to-follow guide on how to get some of your very own TVK tokens.
What is TVK?
Launched in the early parts of 2021, Tera Virtua Kolect can be best described as an NFT marketplace hosting service. Collectables and NFTs enjoyed explosive growth within the crypto space, though this growth has been waning as of late. Regardless of sizable investment, infrastructure and interest remain, and services such as Tera Virtua Kolect and its native coin TVK maintain value.
Terra Virtua Kolect aims to provide a cross-chain service to NFTs and ultimately host a marketplace for the buying and selling of digital collectables. This kind of marketplace can operate across platforms, being on the regular web, PC, as well as Augmented Reality and Virtual Reality. This gives Tera Virtua Kolect cross-platform interoperability and therefore generates value for its native coin TVK and its token holders.
In a market as young as crypto, extensive work history and grounded proof of concept for projects can be a little hard to come by, TVK however has managed to have a portfolio of past clients that includes Legendary Entertainment and Paramount Pictures.
The company is chaired by CEO Gary Bracey, who has an extensive history of work in the games industry spanning a whopping 35 years and is paired with Jawas Ashera, the company’s CTO, who brings an extensive history of his own within the crypto space. This token operates on the ERC20 standard.
Now that we have discussed a little about this coin’s function and the development team’s history. Let’s take a look at how you can get some of your very own TVK.
Step 1: Register on Fiat-to-Crypto Exchange
TVK differs slightly from other cryptocurrencies or altcoins, so you may need to perform one or two additional steps to obtain it. But you don’t need to be concerned. If you follow along, we’ll have you trading TVK in absolutely no time.
Your next step is to purchase a more well-known cryptocurrency initially, such as Bitcoin (BTC) or Ethereum. (ETH) To make the course clear and straightforward to understand, we’ll use Ethereum.
Now we’re going to have to find ourselves a fiat-to-crypto exchange where you can buy ETH.
It is frequently a good idea to compare provider rates and discover the exchange that best suits you because there are several exchanges to choose from, each offering a variety of services at varied pricing.
But for the sake of this tutorial, let’s utilize our very own CryptoWallet because we believe it to be quick, trustworthy, and easy for both cryptocurrency enthusiasts and crypto newcomers. The CryptoWallet app is available on both the Google Play Store and the Apple Software Store.
After downloading and installing, follow the on-screen instructions. This will entail creating a profile, providing some basic information, and adopting many security measures. Select “deposit” from the account menu after signing up, then adhere to the on-screen instructions to add some fiat money to your freshly formed CryptoWallet Account using your current bank account.
After a brief time of confirmation, your money will show up on your CryptoWallet Account.
Step 2: Buy ETH with Fiat Money
After your fiat cash becomes available in your new CryptoWallet account, you can then use it to purchase some ETH. On the trade tab, choose the right quantity of ETH, then click Confirm. After a brief confirmation period, which may vary depending on traffic, the extra ETH and any additional fiat money will be available in your CryptoWallet account.
When you utilize cryptocurrency exchanges like TrustWallet, CryptoWallet, or Metamask, you could receive access to a range of asset price charts, trading tools, and real-time market data. It is a good idea to become familiar with these and pay close attention to valuable characteristics, since doing so may help you make decisions about your spending that are more beneficial and, if used successfully, even lucrative.
Step 3: Transfer ETH to an Altcoin Exchange
Once you have Ethereum, you can sign up for an altcoin exchange and swap it for TVK.
The first step is to choose an exchange, and different exchanges provide different rates, accessibility levels, and trade pairs. Online marketplaces like Gate.io, Binance, BingX, Phemex, KuCoin, and Uniswap are just a handful that provide TVK transactions (V3). We will choose Gate.io in this case due to its ease, availability, and simplicity.
While different exchanges will have some differences in services, price and registration, generally the process should be more or less the same.
Before you can begin trading on Gate.io, you are going to have to create an account and register your details. During this process, information, KYC processes, and business standard protection will all be required.
When Gate.io alerts you that your account is ready to trade, the next step is to transfer some ETH from your CryptoWallet account to your active Gate.io account. To complete this stage, select “deposit money” from the Gate.io “funds” page. From Gate.io, you will now get a wallet address or a QR code. After that, go to your CryptoWallet account and choose “transfer money/send ETH.” After scanning or putting the Gate.io address into the address area, select to transmit.
Ensure that the Gate.io address is properly entered in your CryptoWallet App.
After a brief confirmation time, the ETH will appear on the Gate.io account, where you may convert it to TVK. To complete the transaction, choose the ETH/TVK trading pairings, enter the trade amount, and then click TVK to confirm.
If you’ve been keeping up with this guide, you should now have some TVK.
Last Step: Store TVK Securely
If you have followed this instruction, you ought to have some TVK of your own. After all of this, you might still be wondering, “Where do I keep it?” Now is the opportunity to begin thinking about wallet systems.
The most significant choices include many generic wallets, including TrustWallet, MetaMask, and a variety of hardware alternatives.
Select “withdraw money” from the dashboard to remove your brand-new TVK currency from the Gate.io exchange. To submit your new personal wallet address, Gate.io will then guide you and prompt you to manually input or manually scan a QR code. Your TVK will be visible in your new wallet after a brief period of confirmation.
CryptoWallet does not presently host TVK, even though it offers many possibilities and a high level of protection. While there are many other currencies and financial services available, TVK is not presently hosted there. In the next few months, we think it will be beneficial to watch.
Can I buy TVK with cash?
TVK tokens cannot be bought with fiat money directly, much like the vast majority of alternative cryptocurrencies. A cryptocurrency like ETH or Ethereum must be traded to purchase TVK on an alternative market. Visit the preceding steps to find out how to do it.
Are there any quick ways to buy TVK in Europe?
TVK transactions include a few extra steps that could appear more complicated than they do in other cryptographic transactions. However, if you follow the guidelines we’ve provided, we can guide you through each stage. Thankfully, the aforementioned guidelines are completely appropriate in the EU.
Are there any alternative platforms to buy TVK or Bitcoin with credit cards?
Unlike other cryptocurrencies, TVK cannot be bought using fiat currency. As an alternative, you may buy a cryptocurrency like Bitcoin or Ethereum and then exchange it for TVK. Check out the directions above to learn how to do this.
On the other hand, you may quickly purchase Bitcoin with a credit card by looking for a cryptocurrency exchange that accepts credit or debit cards. This service is offered by organizations like eToro and several others.