VeChain 24-Hour Volume Hits $227.25 Million (VET)

VeChain (VET) traded down 7.6% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on April 18th. One VeChain coin can now be purchased for about $0.0565 or 0.00000145 BTC on exchanges. During the last seven days, VeChain has traded 5.3% lower against the U.S. dollar. VeChain has a total market capitalization of $3.63 billion and approximately $227.25 million worth of VeChain was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • VeThor Token (VTHO) traded down 4.6% against the dollar and now trades at $0.0040 or 0.00000010 BTC.
  • Qredo (QRDO) traded down 3% against the dollar and now trades at $1.85 or 0.00004736 BTC.
  • Dock (DOCK) traded down 6.5% against the dollar and now trades at $0.0340 or 0.00000087 BTC.
  • OG Fan Token (OG) traded 7.7% lower against the dollar and now trades at $3.42 or 0.00008753 BTC.
  • ImpulseVen (VEN) traded 0.5% higher against the dollar and now trades at $0.15 or 0.00000384 BTC.
  • Oogear (OG) traded down 15.8% against the dollar and now trades at $0.0013 or 0.00000003 BTC.

VeChain Profile

VET is a Proof of Authority coin that uses the VeChainThor Authority hashing algorithm. Its genesis date was August 15th, 2017. VeChain’s total supply is 86,712,634,466 coins and its circulating supply is 64,315,576,989 coins. VeChain’s official website is www.vechain.org. The Reddit community for VeChain is /r/vechain and the currency’s Github account can be viewed here. VeChain’s official Twitter account is @Vechain1 and its Facebook page is accessible here.

According to CryptoCompare, “VeChain’s Blockchain-as-a-Service (“BaaS”) platform is called ToolChain. ToolChain is a comprehensive blockchain platform offering diverse services including: product lifecycle management, supply chain process control, data deposit, data certification, and process certification. With ToolChain, any sized business can utilize blockchain technology to further enhance brand perception and value as well as to expand into new business models. “

Buying and Selling VeChain

It is usually not currently possible to purchase alternative cryptocurrencies such as VeChain directly using US dollars. Investors seeking to trade VeChain should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly 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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