Buy Tellor TRB

Easily and securely buy Tellor with the best crypto platform in Europe.

Tellor TRB
EUR
TRB
Buy Tellor
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What is Tellor (TRB)?

Tellor (TRB) is a decentralized oracle protocol that makes external data accessible to smart contracts in blockchain applications. Smart contracts running on the Tellor network can obtain reliable off-chain data, such as price information, weather data, and other 'real-world' data, without relying on centralized intermediaries. Tellor uses data reporters who stake TRB on the network; they compete with each other to deliver accurate data, keeping the network secure and trustworthy.

Tellor serves as a kind of bridge between the blockchain and the outside world. It ensures that smart contracts running on the Ethereum blockchain can use data that doesn't come from the blockchain itself but is still reliable and up-to-date. The network has a well-balanced system of rewards and penalties, ensuring that Tellor's data is accurate and minimizing the risk of data manipulation.

Buy Tellor with Finst.
Maximum security. Ultra-low fees.

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Network information

Name
Tellor
Ticker
TRB
Network name
Ethereum network

Buy Tellor with your favorite order type

  • Market order

    Buy Tellor instantly at the best available price. Ideal for quick and easy purchases.

  • Limit order

    Set your maximum price for Tellor. Your order will be executed when your limit price is reached on the market

  • Auto Invest

    Automate your crypto purchases on a daily, weekly, bi-weekly, or monthly basis.

Buy Tellor

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FAQ

  • How to buy Tellor?

    Follow the steps below to easily and securely buy Tellor.

    1. Sign up

      Create an account with a reputable crypto platform like Finst.

    2. Deposit EUR

      Deposit Euros using payment methods like iDEAL, Bancontact, or SEPA.

    3. Start investing

      Buy Tellor and securely store it on our platform.

  • Can I automatically invest in Tellor on a recurring basis (DCA)?

    Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Tellor without any action required or additional fees.

    Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.
  • What fees do I need to pay when buying Tellor?

    When you buy Tellor through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

    Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

    It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

    This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.
  • Which order types can I use to buy Tellor?

    At Finst, we support several order types to buy Tellor: Market Order, Limit Order, and Auto Invest (DCA).

    - With a Market Order, you buy Tellor instantly at the best available market price.

    - Do you want to buy Tellor at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Tellor. Your order will be executed once your limit price is reached on the market.

    - Do you want to invest in Tellor without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.
  • Can I use limit order to buy Tellor?

    Yes, on our platform, you can easily buy Tellor with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Tellor reaches your limit price or lower.

    A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.
  • Is it safe to buy Tellor?

    Yes, it is safe to buy Tellor through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.
  • Is it legal to buy Tellor?

    Yes, buying Tellor is legal in Europe. However, we advise you to do your own research before making a purchase.
  • Can I buy Tellor anonymously?

    No, due to laws and regulations, it is not possible to buy Tellor or other cryptocurrencies anonymously on a regulated crypto platform in Europe.
  • Can I buy Tellor with iDEAL?

    Yes, at Finst, you can easily buy Tellor with iDEAL. We also support popular payment methods like SEPA and Bancontact.
  • Do you have to buy one Tellor?

    At Finst, you can start investing in Tellor with as little as €1. For many coins, it is not necessary to buy a whole coin.
  • What are the risks of investing in Tellor?

    Investing in cryptocurrencies like Tellor involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Tellor, it is important to understand the risks.

    Volatility: The price of Tellor can fluctuate significantly. This means that its value can rise and fall quickly.

    No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

    External factors: The price of Tellor is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.
  • How to store Tellor?

    You can securely store your Tellor in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

    We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Tellor. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

    Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

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How does Tellor (TRB) work?

Tellor is built to bring trustworthy real-world data onto the blockchain. Here’s how it works: When a smart contract or a user makes a data request, miners (aka data reporters) compete to provide the correct information. These miners have to stake a certain amount to participate. The more accurate and timely their data is, the more they earn.

Since it’s super important that the data is reliable, Tellor has a built-in dispute system. If someone questions the accuracy of the submitted data, others can vote on it. If the data is found to be incorrect, the miners responsible lose part of their stake. This system makes sure that only honest and correct data gets accepted on the network.

Tellor also uses TRB tokens—called 'Tributes'—which are staked by data reporters. Every data request gets a unique ID based on the content of the request, which helps prevent collusion between miners and keeps the data request process fair.

Who founded Tellor?

Tellor was founded in 2018 by Brenda Loya and Nick Fett, two experienced developers with backgrounds in blockchain and cryptography. Brenda Loya has a strong background in tech and finance, while Nick Fett is an expert in econometrics and blockchain tech. Together, they set out to build a decentralized system that could bring reliable external data to the blockchain, helping make smart contracts more trustworthy and effective.

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