In the last couple of days, the price of VeChain (VET) has been on the rise following the lunch of the VeChain Carbon Footprint Traceability Platform. The price has gone up by about 30% in the last two days.
To help new investors and traders eyeing the cryptocurrency, Invezz has created a brief article to assist crypto traders and investors understand what VeChain (VET) is and also find the best place to buy it.
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Best places to buy VeChain (VET)
Are you wondering how and where you can buy the VeChain (VET) online to avoid missing out on the current bullish trend? Well, you don’t have to worry anymore. You are in the right place!
All you have to do is to find a reliable exchange, open a trading account, and deposit funds (either fiat or crypto depending on the allowed form) to purchase the number of VET tokens you want.
According to our team of professionals, here are some of the best platforms where are you can buy VET tokens online:
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Buy VET with eToro today
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
Buy VET with CEX.IO today
What is VeChain (VET)?
VeChain (VET) is one of the two native cryptocurrencies of the VeChain blockchain. The other native cryptocurrency of VeChain is the VTHO.
If it is the first time you are coming across VeChain, it is a blockchain-powered supply chain platform that was launched in June 2016. Its main aim is to distribute the governance of the Internet of Things (IoT) technology to solve some of the main challenges facing supply chain management.
The VET token is used for transactions and other activities within the VeChain blockchain, while the VTHO token provides fee payments and basically functions as a “gas token) similar to how “gas” functions in the Ethereum blockchain.
Should I buy VeChain (VET) today?
If you are looking to invest in a cryptocurrency that has shown a consistent rise over the last few days, then the VET token is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
VeChain (VET) price prediction
The current VeChain (VET) bullish trend is expected to continue for at least the remaining part of 2021 and possibly propel the coin towards its all-time high of $0.2782 before the end of the year.
VeChain social media coverage
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