VeChain (CURRENCY:VET) traded 5.4% higher against the dollar during the twenty-four hour period ending at 12:00 PM ET on April 8th. One VeChain coin can currently be purchased for approximately $0.12 or 0.00000203 BTC on exchanges. VeChain has a market capitalization of $7.55 billion and $1.11 billion worth of VeChain was traded on exchanges in the last day. Over the last seven days, VeChain has traded 31.8% higher against the dollar.

About VeChain

VeChain (CRYPTO: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. The official website for VeChain 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. “

VeChain Coin Trading

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

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