VeChain’s platform involves the use of two separate tokens – VET and VTHO. VET is used as a medium of exchange and store of value for services provided by the blockchain. Conversely, VTHO is used to pay for gas fees on the network. As VeChain is a proof-of-stake network, users can generate VTHO tokens by staking their VET on a supported wallet.
If you would like to trade your VeChain to a decentralized exchange you may want to check Trust Wallet which supports millions of assets and blockchains. KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Vechain and trade it against various digital assets on KuCoin. We list the top 5 exchanges that offer the ability to buy VeChain cryptocurrency with a credit card, debit card, or Bitcoin .
VeChain offers a unique suite of business facing products and services, and is expanding into new areas constantly. This guide provides step-by-step instructions on how to buy Voyager VGX, lists some exchanges where you can get it and provides daily price data on VGX. This guide provides step-by-step instructions on how to buy Nexus Mutual, lists some exchanges where you can get it and provides daily price data on NXM.
Unlike most altcoins, VET and VTHO aren’t Ethereum-based. Instead, they run on VeChain’s native blockchain, Thor. This means that popular software wallets like metamask are incompatible with VeChain tokens. The VeChain network launched in 2016 and aims at enterprise adoption. VeChain provides blockchain as a service through their ToolChain platform. ToolChain offers applications for carbon reduction, increasing consumer confidence, automobile supply chain and many other problems facing the world today.
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision. Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services. Find an exchange to buy, sell and trade VET by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy.
Enjoy peace of mind knowing that your Vechain are safe
This guide provides step-by-step instructions on how to buy FTX, lists some exchanges where you can get it and provides daily price data on FTT. This guide provides step-by-step instructions on how to buy Arbitrum, lists some exchanges where you can get it and provides daily price data on ARB. Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account.
For better coin compatibility, you consider buying a stablecoin like USDT or BUSD first, and then use that coin to buy VeChain . Because Vechain is on the internet, they are even easier to steal and much harder to return and trace. Vechain itself is secure, but Vechain are only as secure as the wallet storing them. You can find the list of coins you can buy through Ledger Live here. You can’t buy Vechain directly through Ledger Live yet.
The only people you can trust for storing your crypto assets is yourself. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets. The money you put into cryptocurrencies is not safe from value fluctuations. There are, however, ways to select an investment platform that will keep your investments safe.
Backed by prominent partners from mainstream industries, VeChain enjoys significant interest from established brands, including BMW, PwC, and Walmart China. The VET price has several reasons to hear higher whenever the crypto market performs in the green. As one of the largest cryptos by market cap, the VeChain price is heavily influenced by market sentiment. A bullish mood among investors could increase the confidence of buyers to invest in VET and make it trend upward, making it worth adding to your crypto portfolio. Find your desired Vechain trading pairs in the KuCoin spot market.
Store Vechain in Your KuCoin Account
Binance’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable. Yes, you can secure your Vechain private key with Ledger Hardware Wallet and manage your Vechain with a third party wallet. Our Bluetooth® hardware wallet lets you manage and protect all your crypto on the go, including Vechain. After you buy Vechain, you can transfer it to anyone across the globe, as long as you know their Vechain wallet address.
“Not your keys, not your coins” is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Vechain to a non-custodial wallet. Storing Vechain in a non-custodial or self-custodial wallet grants you complete control over your private keys.
VET surpassed a $1 billion market cap for the first time in 2021. However, the crypto crash of 2022 haas stunted the growth of many crypto assets, even if they are still gaining value on some level. The tokens are still growing, but they may not reach the projected prices that once colored the fervor behind them. Remember to factor in risk-adjusted returns when considering the current crypto prices.
Is VeChain a Good Investment?
The best way to store Vechain varies based on your needs and preferences. Review the pros and cons to find the best method of storing Vechain . Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated.
Sunny was the CIO for Louis Vuitton China before leaving to create VeChain in 2015. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider’s site.
Our coin coverage and exchange information is regularly reviewed by our publishing experts Louise Vinciguerra and Molly Wiltshire-Bridle. Key information on coins and how to buy them is regularly reviewed by our editorial team of James Edwards, Frank Corva and Billy Endres. VeChain performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu. VET price data is regularly updated through data feeds so you always have the latest information. If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can use to buy VeChain. If you are a new user, this is the easiest option to purchase VeChain .
All that’s left to do now is to purchase VET and send it to your chosen wallet for safekeeping. You can purchase VET through Binance exchange similarly to how you would buy another cryptocurrency or stock. VeChain was created by Sunny Liu to create transparency in the supply chain process using blockchain technology.
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services.
There is no physical BTC token so you can think of Bitcoin as digital money. Bitcoin transactions are fully transparent and can’t be censored. It’s a financial system backed by thousands of computers around the world, instead of a single central bank or government. Coins are native to their own blockchain, like Bitcoin, and are used as a form of digital money. Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer VeChain trading opportunities and currently accept clients from all over the world.
About Vechain (VET)
But before you can buy VeChain , you’ll need to open an account and verify your identification. Fast delivery, good online tutorials, the cold wallet has support for multiple apps and also supports ‘staking’ using Ledger Live. VeChain is an enterprise-focused blockchain platform targeting a multitude of industries and business applications with its VeChain Thor public blockchain.