Where to buy VeChain: VET explodes, rallies 30% this week

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Where to buy VeChain: VET explodes, rallies 30% this week

By Joe Khalique-Brown - min read
A VET token on a computer keyboard

The strong performance of the broader crypto market has given VeChain a leg up, with VET recording 19% gains on the day

VeChain’s VET token has rallied by a staggering 19% today, making it the best daily performer out of the top 25 coins. This explosive performance has led to an increase of 30% since this time last week, and VET is looking like one of the top crypto picks for the week to come.

If you want to find out how and where to buy VET today, read on to learn more about the coin.

How & where to buy VeChain in the UK and elsewhere

The crypto market’s performance has allowed VeChain to mount a serious rally, and hordes of investors are wondering where to buy VET. We’ve shortlisted a couple of the best options available for your convenience: simply sign up with one of our recommended brokers or exchanges and fund your account to start trading today. All of our VET partners are fully regulated and legally compliant.

Plus500

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Buy VET with Plus500 today 82% of retail CFD accounts lose money.

Bitvavo

The Bitvavo platform was launched in 2018, with the goal to bridge the gap between traditional currencies and digital assets. Bitvavo is making digital assets accessible to everyone, by offering transparent fees, a wide range of assets and an easy to use platform.

What is VeChain?

VeChain is an enterprise blockchain solution that combines Internet of Things (IoT) technology with blockchain primitives to create a revolutionary supply chain management system. Companies can trace their chains, solve bottleneck issues, and increase both efficiency and transparency by implementing VeChain’s solution. Clients include LVMH, the global luxury brand conglomerate behind Louis Vuitton, and “big four” giants PwC.

As one of the projects in crypto with very clear use cases and proven real-world applications, VeChain has some of the strongest fundamentals on the market. Its uses in supply chain administration and even cases like proving the authenticity of luxury goods mean that investors can see true potential for widespread adoption of VeChain.

Should I buy VET today?

As the best performing coin today among the top 25 cryptocurrencies, VET looks like a very attractive option for investors right now. With daily gains just shy of 20%, VeChain looks to be laying the foundations for a protracted rally that could take it to new highs. VeChain has given early investors an ROI (return of investment) of over 1,000%, and adoption is still very much in its early stages. Those who invest now could very well see a similar return over longer time spans.

VET price prediction

Currently priced at around $0.086, VET has a long way to go to reclaim its April all-time high of $0.280991. The coin would perform a 3x increase from now to reach those levels, giving investors an impressive opportunity given VeChain’s persistent momentum. This is arguably a low-risk option, as upward movement is already partially confirmed. Analysts believe that VET could go as high as $1 this year.