Where to buy VeChain (VET) coin from as it retraces after rising by 61% in two weeks

The last two weeks have seen the price of the VeChain (VET) coin jump by more than 61%; something that has attracted the attention of most crypto traders.

To help those investors and traders wanting to invest in the VET coin, Invezz has created a brief article explaining what VeChain (VET) is and the best places where they can buy it from.

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Best places to buy VeChain (VET) from

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy VET with Binance today

Coingate

CoinGate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes. Permission-based account management, fiat payouts to the bank account and brand new email billing feature are just a few reasons why CoinGate has become a go-to payment processor for many.

Buy VET with Coingate today

What is VeChain (VET) coin?

VeChain (VET) coin is one of the two native cryptocurrencies of the VeChain blockchain. The other native cryptocurrency of VeChain is the VTHO coin.

If it is the first time you are coming across VeChain, it is a blockchain-powered supply chain platform that was launched in June 2016. Its main aim is to distribute the governance of the Internet of Things (IoT) technology to solve some of the main challenges facing supply chain management.

The VET token is used for transactions and other activities within the VeChain blockchain, while the VTHO token provides fee payments and basically functions as a “gas token) similar to how “gas” functions in the Ethereum blockchain.

Should I buy VeChain (VET) today?

If you are looking to invest in a cryptocurrency that has shown a consistent rise over the past two weeks, then the VET could be a good choice.

Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.

VeChain (VET) price prediction

Analysts believe VeChain (VET) coin shall maintain its bullish trend despite today’s pullback. They predict that it shall hit $0.01 by the end of April.

VeChain social media coverage