05-06-2021, 11:18 PM
The ultimate guide to buy, withdraw and stake VET (VeChain)
<!-- SC_OFF --><div class="md"><p>As I posted some news articles about VeChain recently I noticed in the comments that there appears the question over and over again how/where to buy VET (VeChain Token).</p> <p>After I tried to reply to most of them I figured maybe I create this post (and try to keep it updated as changes occur) to help people interested in VeChain to start getting a hold on those precious VET.</p> <p>I won't do an insightful post on the basics of VeChain for now as I want to concentrate on the best and cheapest way to acquire VET. I might do another in depth post about VeChain itself if anyone is interested.</p> <p>Just a quick insight what we are talking about:</p> <p>VeChain = a Blockchain platform running on the VeChain Thor blockchain and offers Blockchain as a Service (BaaS) solutions for business clients</p> <p>VET = VeChain Token (the coin/token you use to transfer value throughout the VeChain Network or which you invest into right now to be a fiat trillionaire in about a decade from now)</p> <p>VTHO = Vechain Thor Energy (is used to pay for smart contract transactions. Basically the gas of VeChain)</p> <p>Now to the fun part. I made a table showing exchanges offering VET.As the withdrawal fee kind of sucks for VET (used to be 100 VET fee per transaction) I added a column for withdrawal fees. Also I added the information if recurring buys are possible (as DCAing is king and buying your favorite coins on autopilot is the best way to invest imo).</p> <h1>How to buy</h1> <p>​</p> <table><thead> <tr> <th align="left">Exchange Name</th> <th align="left">VET Withdrawal Fee</th> <th align="left">Recurring buys</th> </tr> </thead><tbody> <tr> <td align="left"><a href="https://www.binance.u">Binance.</a>us</td> <td align="left">20</td> <td align="left">yes</td> </tr> <tr> <td align="left"><a href="https://www.binance.com/">Binance.com</a></td> <td align="left">20</td> <td align="left">yes</td> </tr> <tr> <td align="left"><a href="https://global.bittrex.com/">Bittrex.com</a></td> <td align="left">100</td> <td align="left">no</td> </tr> <tr> <td align="left"><a href="https://www.coinex.com/">Coinex.com</a></td> <td align="left">2</td> <td align="left">no</td> </tr> <tr> <td align="left"><a href="https://crypto.com/">Crypto.com</a></td> <td align="left">0.05</td> <td align="left">yes</td> </tr> <tr> <td align="left"><a href="https://www.kucoin.com/">Kucoin.com</a></td> <td align="left">30</td> <td align="left">?</td> </tr> <tr> <td align="left"><a href="https://oceanex.pro/">Oceanex.pro</a></td> <td align="left">50</td> <td align="left">?</td> </tr> </tbody></table> <p><em><sup>List will be updated over time</sup></em></p> <h1>How to HODL & Stake</h1> <p>To really own your VET and have the power over them, you should withdraw them from the exchange into your own wallet.</p> <p>There is an official mobile wallet (VeChainThor) that can be found here: <a href="https://play.google.com/store/apps/details?id=com.vechain.wallet&pcampaignid=pcampaignidMKT-Other-global-all-co-prtnr-py-PartBadge-Mar2515-1">Android</a> | <a href="https://apps.apple.com/us/app/id1397679485">iOS</a>(For Desktop you could use the <a href="https://env.vechain.org/#sync">Sync</a> wallet)</p> <p>VET is proof of authority. The only thing you have to do to stake it is to have it in your wallet. So send your VET from your exchange account to your newly set up wallet and watch how you earn some VTHO for holding it there. Your phone doesn't have to be running to do so.</p> <p>You get 0.00000005 VTHO per VET in your wallet each block with blocks being created about every 10 seconds.</p> <p>So for example 1000 VET will earn you about 0,432 VTHO per day.</p> <p>----------------</p> <p>If there are any open questions or any additions you want to be made please let me know. I do my best to add any useful information so whoever is interested can get the most value out of this post.</p> <p>----------------</p> <p>Thanks for additions to:</p> <p><a href="/u/Slightlynorth">u/Slightlynorth</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ultrabook"> /u/ultrabook </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n6777h/the_ultimate_guide_to_buy_withdraw_and_stake_vet/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n6777h/the_ultimate_guide_to_buy_withdraw_and_stake_vet/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>As I posted some news articles about VeChain recently I noticed in the comments that there appears the question over and over again how/where to buy VET (VeChain Token).</p> <p>After I tried to reply to most of them I figured maybe I create this post (and try to keep it updated as changes occur) to help people interested in VeChain to start getting a hold on those precious VET.</p> <p>I won't do an insightful post on the basics of VeChain for now as I want to concentrate on the best and cheapest way to acquire VET. I might do another in depth post about VeChain itself if anyone is interested.</p> <p>Just a quick insight what we are talking about:</p> <p>VeChain = a Blockchain platform running on the VeChain Thor blockchain and offers Blockchain as a Service (BaaS) solutions for business clients</p> <p>VET = VeChain Token (the coin/token you use to transfer value throughout the VeChain Network or which you invest into right now to be a fiat trillionaire in about a decade from now)</p> <p>VTHO = Vechain Thor Energy (is used to pay for smart contract transactions. Basically the gas of VeChain)</p> <p>Now to the fun part. I made a table showing exchanges offering VET.As the withdrawal fee kind of sucks for VET (used to be 100 VET fee per transaction) I added a column for withdrawal fees. Also I added the information if recurring buys are possible (as DCAing is king and buying your favorite coins on autopilot is the best way to invest imo).</p> <h1>How to buy</h1> <p>​</p> <table><thead> <tr> <th align="left">Exchange Name</th> <th align="left">VET Withdrawal Fee</th> <th align="left">Recurring buys</th> </tr> </thead><tbody> <tr> <td align="left"><a href="https://www.binance.u">Binance.</a>us</td> <td align="left">20</td> <td align="left">yes</td> </tr> <tr> <td align="left"><a href="https://www.binance.com/">Binance.com</a></td> <td align="left">20</td> <td align="left">yes</td> </tr> <tr> <td align="left"><a href="https://global.bittrex.com/">Bittrex.com</a></td> <td align="left">100</td> <td align="left">no</td> </tr> <tr> <td align="left"><a href="https://www.coinex.com/">Coinex.com</a></td> <td align="left">2</td> <td align="left">no</td> </tr> <tr> <td align="left"><a href="https://crypto.com/">Crypto.com</a></td> <td align="left">0.05</td> <td align="left">yes</td> </tr> <tr> <td align="left"><a href="https://www.kucoin.com/">Kucoin.com</a></td> <td align="left">30</td> <td align="left">?</td> </tr> <tr> <td align="left"><a href="https://oceanex.pro/">Oceanex.pro</a></td> <td align="left">50</td> <td align="left">?</td> </tr> </tbody></table> <p><em><sup>List will be updated over time</sup></em></p> <h1>How to HODL & Stake</h1> <p>To really own your VET and have the power over them, you should withdraw them from the exchange into your own wallet.</p> <p>There is an official mobile wallet (VeChainThor) that can be found here: <a href="https://play.google.com/store/apps/details?id=com.vechain.wallet&pcampaignid=pcampaignidMKT-Other-global-all-co-prtnr-py-PartBadge-Mar2515-1">Android</a> | <a href="https://apps.apple.com/us/app/id1397679485">iOS</a>(For Desktop you could use the <a href="https://env.vechain.org/#sync">Sync</a> wallet)</p> <p>VET is proof of authority. The only thing you have to do to stake it is to have it in your wallet. So send your VET from your exchange account to your newly set up wallet and watch how you earn some VTHO for holding it there. Your phone doesn't have to be running to do so.</p> <p>You get 0.00000005 VTHO per VET in your wallet each block with blocks being created about every 10 seconds.</p> <p>So for example 1000 VET will earn you about 0,432 VTHO per day.</p> <p>----------------</p> <p>If there are any open questions or any additions you want to be made please let me know. I do my best to add any useful information so whoever is interested can get the most value out of this post.</p> <p>----------------</p> <p>Thanks for additions to:</p> <p><a href="/u/Slightlynorth">u/Slightlynorth</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ultrabook"> /u/ultrabook </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n6777h/the_ultimate_guide_to_buy_withdraw_and_stake_vet/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n6777h/the_ultimate_guide_to_buy_withdraw_and_stake_vet/">[comments]</a></span>Kind Regards R