How To Buy VeChain (VET) — A Step-By-Step Guide

Quick Guide

Here’s an overview of the preferred crypto exchanges that have VeChain (VET) listed. If you know how to buy cryptocurrencies, you can simply select your preferred exchange. In case you are just getting started, you can scroll down to where we share all details about how to buy VeChain (VET).

Binance Logo


Binance is the biggest cryptocurrency exchange offering many features and advantages.



MEXC is an industry-leading exchange that offers the lowest fees to buy and sell cryptocurrencies.


BYBIT is a leading crypto exchange that offers many features regarding leverage trading.

Kucoin Logo


KuCoin is a leading exchange that offers more than 750 cryptocurrencies — more than any other.

how to buy vechain


OKX is the all-rounder that offers a good mix of tradable crypto tokens, usability, and trading fees.

Before we dive into the details about how to buy VeChain (VET) we want to provide you with some essentials about the VET token. Remember, it is essential to understand the asset you’re planning to buy before you invest!

What is VeChain (VET)?

Basic Information & History

VeChain, also known as VeChain Thor, is a blockchain platform founded in 2015 by Sunny Lu, the former CIO of Louis Vuitton China. It started as a subsidiary of Bitse, one of China’s largest blockchain companies. VeChain aims to leverage blockchain technology to create a trust-free and distributed business ecosystem which is self-circulating and scalable.

In 2018, VeChain underwent a rebranding process, transforming it from a supply chain-focused blockchain to an enterprise-ready blockchain platform. This transition introduced a new governance model, a new economic model, and advanced IoT integration.

VeChain’s use cases primarily revolve around the supply chain, logistics, quality control, and anti-counterfeiting sectors. It is designed to enhance supply chain management and business processes. Its goal is to streamline these processes and information flow for complex supply chains through Distributed Ledger Technology (DLT).

How to buy vechain

VeChain Use Cases

Some of the use cases include:

Product Lifecycle Management
VeChain enables manufacturers to assign unique identities to products, which users can interact with throughout the product’s lifecycle. This ensures quality control and prevents counterfeiting.

Supply Chain Process Control
VeChain provides a full-view perspective of necessary information linked to a product and its business processes such as storage, transportation, and supply.

Food & Beverage Authentication
VeChain helps verify the authenticity and quality of food and beverage products, giving consumers confidence in their purchases.

In the automotive industry, VeChain can provide a history report of vehicles, including repair history, insurance, registration, and more.

VeChain Features

VeChain operates on a dual-token system: VeChain Token (VET) and VeChain Thor Energy (VTHO). VET is used as a store of value in the VeChain ecosystem and is used to generate VTHO tokens. VTHO tokens are used as “gas” or energy to power transactions.

Some of its key features include:

Proof of Authority Consensus
VeChain uses a Proof-of-Authority (PoA) consensus protocol, where authority nodes validate transactions. These nodes have to reveal their identity and reputation to the VeChain Foundation, ensuring transparency and accountability.

Blockchain-as-a-Service (BaaS) Platform
VeChain’s ToolChain is a comprehensive blockchain platform offering diverse services including product lifecycle management, supply chain process control, data deposit, data certification, and process certification.

IoT Integration
VeChain integrates with Internet of Things (IoT) technology to provide manufacturers and consumers with real-time tracking of products in a supply chain, providing additional layers of transparency and security.

VeChain Price Chart

Analyzing the current price movement is an important step before investing. Therefore, you should pay close attention to the below chart before discovering everything about how to buy Arbitrum.

Hey, I'm Benjamin — founder of I've been in the crypto jungle since 2019 and (personally) experienced many ups and downs. I tried different strategies, joined paid groups, and explored the darkest parts of DeFi. Today, I know that there is neither a get-rich-quick-path nor a holy grail. On the contrary, I learned that the most important aspect is patience. represents the platform I would have loved to discover when starting my crypto journey. We're trying to provide high-quality and non-spammy information — mainly free of charge. I sincerely hope you can gather some value out of the content and it helps you to accelerate your crypto journey!

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