VeChain (VET) is a token issued on the Blockchain Network. Through the collective efforts of the VeChain development team and community members, the number of applications supporting VET has been gradually increasing, demonstrating significant potential within the crypto industry. More and more people are becoming interested in VeChain. They wish to invest or purchase VeChain (VET), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing VeChain. Regardless of your location, Bitrue can provide you with a simple and secure way to buy VET.
Where and how to buy VeChain
When it comes to purchasing VeChain (VET), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy VeChain in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased VET will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy VeChain (VET) through Bitrue.
Alternative methods to acquire VeChain
Apart from directly buying VeChain (VET), what are the alternative methods to acquire VeChain ?
Fixed Auto-Investment in VET
Regularly invest a fixed amount at scheduled intervals in VeChain (VET) digital assets, enjoying both short-term returns and long-term benefits.
Staking VET
Flexible staking of VeChain (VET) digital assets to earn interest or high returns in other cryptocurrencies.
Get VeChain (VET) for free
If you have enough time, you can obtain VeChain for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free VeChain (VET).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free VeChain.
- All cryptocurrency airdrops and rewards can be exchanged for VET through coin-to-coin exchange or spot trading.
How to keep your VeChain safe and secure
Once you have purchased VeChain, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store VeChain and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain VeChain wallets, you also have the option to store VeChain (VET) separately in a personal encrypted wallet. This wallet serves to keep your VeChain secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your VeChain, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your VeChain encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
How many VeChain are there in total?
The total supply of VeChain is 85,985,041,177 and the Circulating Supply is 80,985,041,177 .
Where is the preferred place to buy VeChain?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase VET.
Should I buy VeChain?
Deciding whether to buy VeChain depends on individual financial goals, risk tolerance, and understanding of the digital asset market. VeChain investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying VeChain (VET) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy VeChain?
Generally, buying VeChain digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
What are the fees for buying VeChain?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy VET?
Currently, Bitrue does not support purchasing VET or adding fiat currency using Apple Pay.
How to use Paypal to buy VET?
Currently, Bitrue does not support purchasing VET or adding fiat currency using Paypal.
What can I do with VeChain?
You can use VeChain to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my VeChain?
If your Bitrue wallet does not hold VeChain, you need to deposit VET into your Bitrue account. If you already have VET, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of VET you want to sell, select the selling price, confirm the sell order, and once your VET is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase VeChain (VET) worth 1 US dollar?
In theory, VeChain (VET) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for VET is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.