How To Buy VeChain in 4 Easy Steps
VeChain, founded in 2015, is a cryptocurrency and a highly adaptable grade L1 smart contract blockchain focused on supply chain management. It works with many enterprises to accelerate the widespread adoption of blockchain technology.
If you want to buy VeChain, follow the steps mentioned in this guide on how to buy VeChain.
Our step-by-step guide on how to buy VeChain (VET)
Step 1: Choose a crypto exchange platform
To buy VeChain (VET), select a cryptocurrency exchange that deals in VeChain. Some popular exchanges include Bitfinex, Bittrex, Crypto.com, and KuCoin.
It’s essential to do your research while choosing a business to trade. You must analyse the features each exchange offers, such as low fees, payment methods, or 24/7 customer support. Every exchange platform has its own set of procedures; you must prefer the one that is more user-friendly and secure.
Step 2: Register on any of the exchange platforms.
Once you have chosen an exchange, create a free account on any exchange platform by providing your basic personal information, like your name, email address, phone number, and residence address. The exchange will require valid ID proof, such as a passport or driver’s license, to verify your profile. After successfully submitting the details, your account will be activated for trading within a few hours or 1-2 business days.
Step 3: Purchase the cryptocurrency using your feasible payment method
VeChain can be purchased through fiat currencies such as USD and EUR. After setting up your account, deposit funds into the chosen crypto exchange. Depending on your location and the platform’s features, it offers payment methods such as crypto wallet transfer, P2P, credit cards, debit cards, bank transfers, or third-party payment services.
Select the desired amount of VeChain to be purchased using your preferred mode of payment. After reviewing, click buy and wait for the exchange to process the transaction.
Step 4: Store the cryptocurrency in a wallet
To enhance security, transferring the VeChain coins you purchased to a personal wallet is advisable. VeChain is compatible with wallets like VeWorld, Atomic Wallet, Arkane Wallet, or Cobo Wallet. Please choose any of the mentioned wallets that align with your requirements and security needs, and install them. Once done, configure and connect your wallet to store your VeChain Coin.
Also read: How to Stake VeChain
Popular Video Guides on Buying VeChain (VET)
Where To Buy VeChain (VET)
Also read: VeChain Prices Live
Bitfinex is a popular cryptocurrency exchange launched in 2012 by Raphael Nicolle. It provides various trading options, including spot trading, margin accounts, derivatives, and paper trading. Bitfinex aims at building state-of-the-art advanced technology that enables users to transact and interact with digital assets freely and privately.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | December 2012 |
| Deposit Methods | Credit/Debit Card, Cryptocurrency, Bank Transfer, or Tether Tokens |
| Deposit Fees | No fees for cryptocurrency deposits, but you’ll have to pay 0.1% fees on fiat deposits (max of 60 USD/Euro) |
| Cryptos Listed | Over 270 |
| Trading Fees | Maker Fees (0.100%) & Taker Fees (0.200%) |
| Fiat Currencies Supported | USD, EUR, GBP, JPY, CNH, TRY |
| Trustworthiness | Safe and Reliable |
Bittrex is a blockchain digital asset trading platform founded in 2014. It hosts trading for numerous digital assets and prioritises lightning-fast trade execution, reliable digital wallets, and industry-leading security practices.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2014 |
| Deposit Methods | Visa/Mastercard debit card, Wire Transfer, or ACH |
| Deposit Fees | None |
| Cryptos Listed | Over 250 cryptocurrencies listed |
| Trading Fees | 0.0% - 0.75% maker fee, 0.005%-0.75% taker fee |
| Fiat Currencies Supported | USD, EUR |
| Trustworthiness | Safe and Reliable |
Crypto.com Exchange is a popular CEX platform founded in June 2016. It provides 250+ currencies for futures, spot trading, and advanced orders. With 70M+ global users, it supports investing, staking, swapping cryptocurrencies, and NFT trading.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2016 |
| Deposit Methods | Bank transfer, Credit/ Debit card, Cryptocurrency, or wire transfer |
| Deposit Fees | None |
| Cryptos Listed | 250+ |
| Trading Fees | Standard Fee of 0-0.075% for the maker and 0.05%-0.075% for the taker |
| Fiat Currencies Supported | 20+ fiat currencies, including USD, EUR, GBP, and COP. |
| Trustworthiness | Safe and Reliable |
Frequently Asked Questions
Where can you buy VeChain with a credit or debit card?
VeChain can be purchased with a credit or debit card on various exchanges such as Bitfinex, Kucoin, Bittrex, or Crypto.com. These crypto exchanges are compatible with Mastercard and Visa payments. To purchase VeChain effortlessly, you must sign up for an account and choose the credit/debit card payment method. Alternatively, you can use cryptocurrency or bank transfer as other payment options.
What will you need to buy VeChain?
To buy VeChain Coin, you will need a verified account on a cryptocurrency exchange platform. You would also require ID Proof such as a passport or a driver’s license, Proof of Address, Debit/Credit Card, and a Crypto wallet to store the crypto tokens safely.
What is the easiest way to buy VeChain?
VeChain is listed on various popular crypto exchanges. The easiest way to buy VeChain is through any crypto exchange with a fiat currency, such as Bittrex, Kucoin, Crypto.com, and Bitfinex. Alternatively, you can get it as a trading pair with USDT on Binance.
Best wallets to store your VeChain (VET)
VeChain can be stored in the VeChain Wallets or transferred to a personal wallet. VeChain offers three wallets, namely VeWorld, Sync, and Sync2. Some recommended individual wallets include SimpleHold, Atomic Wallet, or Exodus. These wallets provide different features, including web, mobile, and hardware options, DApp accessibility, support for multiple blockchains, and low-fee swaps.
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