VeChain (VET) traded down 7.1% against the US dollar during the 1 day period ending at 22:00 PM Eastern on September 3rd. Over the last week, VeChain has traded 9% lower against the US dollar. VeChain has a total market capitalization of $1.67 billion and $16.97 million worth of VeChain was traded on exchanges in the last day. One VeChain coin can currently be purchased for about $0.0206 or 0.00000036 BTC on major cryptocurrency exchanges.
About VeChain
VET is a Proof of Authority coin that uses the VeChainThor Authority hashing algorithm. Its launch date was June 1st, 2016. VeChain’s total supply is 85,985,041,177 coins and its circulating supply is 80,985,041,177 coins. VeChain’s official website is www.vechain.org. The official message board for VeChain is vechainofficial.medium.com. The Reddit community for VeChain is https://reddit.com/r/vechain and the currency’s Github account can be viewed here. VeChain’s official Twitter account is @vechainofficial and its Facebook page is accessible here.
According to CryptoCompare, “VeChain (VET) is the native cryptocurrency of the VeChainThor blockchain. VET is used as a medium of exchange for activities and transactions on the VeChainThor blockchain and serves as a “fuel” to power the network. VET holders have the right to vote on governance decisions, participate in Proof of Authority (PoA) consensus, and receive rewards in the form of VTHO tokens. VET holders will also be able to benefit from other financial services such as staking, lending, and trading on third-party exchanges. With its innovative features, VeChainThor is positioned to be one of the most influential public blockchains, and VET is an integral part of this ecosystem.”
Buying and Selling VeChain
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