VeChain (VET) traded up 4.3% against the US dollar during the twenty-four hour period ending at 8:00 AM E.T. on August 20th. In the last seven days, VeChain has traded up 3% against the US dollar. One VeChain coin can now be bought for approximately $0.0236 or 0.00000039 BTC on exchanges. VeChain has a market capitalization of $1.91 billion and $18.23 million worth of VeChain was traded on exchanges in the last 24 hours.
VeChain Profile
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. 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. The official message board for VeChain is vechainofficial.medium.com. The official website for VeChain is www.vechain.org.
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
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