VeChain (VET) 1-Day Volume Tops $40.72 Million

VeChain (VET) traded 1.4% lower against the dollar during the 1-day period ending at 15:00 PM E.T. on November 17th. One VeChain coin can currently be bought for about $0.0207 or 0.00000057 BTC on popular cryptocurrency exchanges. During the last week, VeChain has traded 8.2% lower against the dollar. VeChain has a total market cap of $1.50 billion and $40.72 million worth of VeChain was traded on exchanges in the last 24 hours.

VeChain Coin Profile

VeChain (CRYPTO:VET) is a Proof of Authority coin that uses the VeChainThor Authority hashing algorithm. It launched on June 1st, 2016. VeChain’s total supply is 85,985,041,177 coins and its circulating supply is 72,714,516,834 coins. VeChain’s official Twitter account is @vechainofficial and its Facebook page is accessible here. VeChain’s official message board is VeChain’s official website is The Reddit community for VeChain is 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.”

VeChain Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as VeChain directly using U.S. dollars. Investors seeking to acquire VeChain should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase VeChain using one of the aforementioned exchanges.

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