VeChain current price is $0.1475.
VeChain current price is $0.1475 with a marketcap of $9.79 B. Its price is 2.76% up in last 24 hours.
- VeChain (VET)
- Live Price $0.1475
- Market Cap $9.79 B
- Volume $892.71 M
- Available Supply 66.76 B VET
- Rank 23
Please wait, we are loading chart data
More Info About Vechain
VeChain is a blockchain-enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology, VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought. From product source materials, to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about a supply chain management ecosystem that is secure for all participants. VeChain plans to achieve this secure supply chain management ecosystem via the method of asset digitization. VeChain enables manufactures to assign products with unique identities to the platform. This will allow manufacturers, supply chain partners, and even consumers, to track the movement of products through their supply chain.There is also the VeChain Foundation. The Vechain Foundation is a non - profit entity established in Singapore in July 2017 and is responsible for the construction of the network, and technological research and development. The Foundation also plays an important role in business development. The Foundation encourages and supports partnerships with enterprises that may be interested in utilizing blockchain technology as a service. This includes payment services, private key management, smart contract development, and wallet development. There is no doubt that blockchain technology can be an important innovation to supply chain management. With a growing list of business partnerships and technological developments, VeChain is positioning itself to be THE disruptive, and innovative force that reshapes the way we think about supply chain management.The solution of "hard forking" has made people question the idea of "de-centering" of Ethereum and even Blockchain. This way of governance is not so much a "democracy" as an "anarchy." VeChain development team highly regards blockchain’s decentralizing nature, yet intends to adopt some traditional corporate governance and thus improve the efficient formulation and implementation of the VeChain development and strategy for the benefit of the community to prevent and avoid serious blockchain design philosophy differences and irreconcilability.Sunny Lu is the CEO of the VeChain Foundation and has already become an important figure in the blockchain space. Before he established VeChain, he co-founded the Chinese Internet start-up which developed Qtum, a very important digital asset in the crypto space. He was previously the CIO and COO of Louis Vuitton China.The team behind VeChain consists of over 90+ employees, most of them being developers. Chief Technology Officer, Gu Jianliang, has over 18 years of experience in areas such as mobile devices and the IoT field, and has created over a 100 patents in several technological fields. Kevin Feng serves as the Chief Operations Officer of the VeChain Foundation. Feng has been actively involved in many technology projects in his 12 years working for VeChain’s partner, PWC, as a consultant and assurance advisor.
Historical Data of VET
A Step-by-Step-Guide on how to buy Vechain (VET)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Vechain (VET) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (VET) Vechain As soon as your deposit has been affirmed, you'll now have access to your finances and you can launch invest and trading. To purchase Vechain (VET) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To spot Vechain (VET), you'll need to put the shortname of the coin (VET) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “VET/BTC” to go ahead.
Step 4 – Buy (VET) Vechain Once you've spotted Vechain (VET), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our Limit Order. The “Price” field will be filled automatically with the latest tariff (VET) Vechain was sold for. This can be changed to your desired price. The “Amount” field is the volumen of VET you want to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of VET. When you are happy, click on “Buy VET“. Your order will be filled as soon as a Vendor trades their VET for the price you gave.
Step 5 – Withdraw Vechain (VET) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time period. To withdraw your (VET) Vechain, go to the tab called “Funds” and mouse click on “Withdraw”. Vechain (VET) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (VET) Vechain by using the provided drop-down box. Enter the amount of (VET) Vechain you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.