How to Buy VeChain Coin?
Looking for information on how to buy VeChain coin? Then you have come to the right place. This article will also tell you what VeChain is, and where to buy VET crypto, by the way, the best choice is StealthEX. Explore the strengths of this cryptocurrency. All this and much more in our new article. So let’s roll.
What Is VeChain?
VeChain is an enterprise-level blockchain platform created for businesses, it allows manufacturers to improve supply chain management globally. VeChain is powered by distributed ledger technology (DLT) which streamlines the information for complex supply chains.
What Is VET Coin?
Actually, there are two main tokens on the platform: VeChain Token (VET) and VeChainThor Energy (VTHO). Through VET users transfer values within the VeChain ecosystem, whereas VTHO powers smart contracts on the blockchain, acting as “gas” energy.
VeChain team ambitions stretch as far as making VeChain a leading platform for initial coin offerings (ICOs) and become one of the foremost networks powering the Internet of Things (IoT) connected devices.
- An interesting fact about VeChain is that it has never aimed to be totally decentralized, as cryptocurrencies usually do. On the contrary, they were focusing on integrating both the DeFi (decentralized finance) and CeFi (centralized finance) options to the system. This tandem guarantees transparency and speed on the network.
- Among other peculiar features is the proof-of-authority (PoA) model. PoA enhances the bandwidth of the blockchain and increases the number of transactions per second. Thanks to it, scalability overcomes the average values.
- The most significant advantage of VeChain coin is that it has a lot of real-world partnerships and there are more to come.
Where To Buy VET Crypto?
To buy VET coin, it’s better to access StealthEX, a convenient and user-friendly cryptocurrency exchange. The process is private, and everyone can buy digital assets instantly without worrying about their safety. You can select more than 350 different cryptocurrencies with no need to provide many details.
How To Buy VeChain Coin?
You can study an exchange guide on our YouTube channel or just go to StealthEX and follow these easy steps. Let’s imagine you want to exchange Ethereum for a VeChain coin. To make an exchange, you need to take a few simple steps:
First, you need to select the currencies in which you want to make an exchange, choose Ethereum in the left drop-down list. Then choose VET crypto in the right list of coins.
After setting the pair it is necessary to enter the amount of ETH you want to exchange.
Here you will see the estimated amount of VET coin that you will receive after the exchange.
Now when everything is set for the exchange, press the START EXCHANGE button and you will be taken to the next page.
Entering The Recipient’s Address
On the second step you need to provide the VeChain VET coin recipient address. The recipient address must match the cryptocurrency you are going to receive. Remember to double-check the information you enter prior to the exchange as the transaction you make cannot be canceled.
As soon as you have carefully checked all the details, you can press the NEXT button and you will be redirected to the CONFIRMATION page with the information about the exchange.
Pressing the NEXT button you will be redirected to the EXCHANGE page.
At first, you will see the address where you need to send your ETH coin to continue the exchange. StealthEX will also provide you with the exchange ID. It will allow you to keep all the information about the swap. It is recommended to save your exchange ID or the link to your exchange.
After sending Ethereum to the shown address, the information on the EXCHANGE page will be renewed automatically. The EXCHANGE page has several statuses that will change during the time of the exchange.
- The first status is Awaiting deposit.
- Following status is Confirming. This means that StealthEX is confirming the transaction you made.
- The next status is Exchanging. During this time the exchange is being made.
- Then the status will be changed to Sending to your wallet. This indicates that there are just a few minutes left until you will receive your VET coin.
Completion Of Purchase
Finally, you will be redirected to the FINISH page. This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that VET was sent to your wallet you can also use the Output hash shown on this page and check it in the VeChain blockchain list of transactions.
From here you can either create a new exchange on StealthEX.io or leave the page and check your VeChain coin wallet to be surprised at how fast you got VeChain crypto. Usually, the process is quite rapid so you won’t need to wait long.
And by the way, don’t forget that now our users can purchase cryptocurrencies using fiat and we still offer the opportunity to buy crypto at fixed rates!
If you have remaining questions about the StealthEX exchange service you can go to our FAQ section and find all the necessary information there.
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May 25, 2021how to buy how to buy crypto VeChain Vechain VET VET