VeChain (VET) traded down 6.6% against the US dollar during the twenty-four hour period ending at 17:00 PM Eastern on October 31st. One VeChain coin can currently be bought for approximately $0.0210 or 0.00000030 BTC on popular exchanges. During the last seven days, VeChain has traded down 9.1% against the US dollar. VeChain has a total market capitalization of $1.70 billion and approximately $24.55 million worth of VeChain was traded on exchanges in the last day.
About VeChain
VeChain (VET) is a Proof of Authority coin that uses the VeChainThor Authority hashing algorithm. Its genesis 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 Twitter account is @vechainofficial and its Facebook page is accessible here. VeChain’s official message board is vechainofficial.medium.com. VeChain’s official website is www.vechain.org. The Reddit community for VeChain is https://reddit.com/r/vechain and the currency’s Github account can be viewed 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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