Thorchain is a decentralized protocol that can provide liquidity to different platforms. It is decentralized because it runs on the blockchain. The protocol can provide liquidity to different blockchain networks without users losing control of the cryptocurrencies they hold. This makes Thorchain unique because blockchain networks normally cannot cooperate with each other.More
Basically, blockchains cannot cooperate with each other because they use different technologies. This is also the cause of the problem that you would not be able to send Bitcoin on Ethereum's blockchain. Thorchain has found a solution that makes this possible. Specifically, Thorchain is an Automated Market Maker (AMM). This is a protocol that allows tokens to be exchanged against each other without using supply and demand between users. Such a thing is called an order book and occurs on a centralized crypto exchange.More
On Coinmerce's crypto exchange, you can quickly and securely buy RUNE tokens using various payment methods, such as iDeal, SEPA, GiroPay, Bancontact, Sofort, EPS and MyBank.More
On Coinmerce's crypto exchange, you can quickly and securely buy RUNE tokens using various payment methods, such as iDeal, SEPA, GiroPay, Bancontact, Sofort, EPS and MyBank. Before you can buy RUNE tokens from Thorchain, you will first need to have an account at Coinmerce. If you don't have one yet, you can easily create one in the top menu. Once you have successfully created an account, or already have one, you can log in and go to the Coins-page in the menu. In the search bar you can then search for "Thorchain" or "RUNE", to get to the right page. On this page you can buy RUNE tokens directly from Coinmerce.
RUNE is the utility token of Thorchain. A utility token is a token that allows users to pay to use the services and products offered to blockchain platforms. Thus, when a user wants to swap tokens, they pay RUNE tokens to perform this function. Specifically, Thorchain users can use their RUNE tokens to manage and secure the platform. By participating in the security of the platform, you will receive a reward.