By Alexander Grayson
Trying to buy some VeChain (VET)? There are many exchanges you can use to buy the token, but that doesn’t mean just any exchange is right for you.
In choosing a crypto exchange for buying and or trading, it is important to exercise caution as there are risky platforms that can cause you to run into trouble. Some are outright bad, while some don’t have what it takes to support such trades.
Therefore first, check that the exchange has an established reputation as a crypto exchange. This means the exchange should be known by the average crypto person. If the name sounds strange to a lot of people, you should probably avoid it.
Another thing is that the exchange should be easy to use. You don’t want to use an exchange that is too complicated, especially if you’re a beginner. You also need an exchange with sufficient liquidity to support trades.
The following exchanges have all these qualities and more, so you can use them easily to buy your VET and trade if you like.
Binance
This is one the most popular crypto exchanges for buying VET. You can use BTC or USDT to simply swap for the token right on Binance. ETH is another token you can also swap for VET, but there’s more.
You can as well use fiat currencies like USD to buy the token. This can be done easily through the use of debit or credit cards. One good thing with Binance is that the fees on the exchange are quite low, making it a preferred destination for buying assets.
Also read:The platform is also quite easy to use, since it was designed for both beginners and experienced users.
Coinbase
Coinbase is another top exchange for buying VET. The exchange provides only one option for buying VET, which is with USD. This means you have to deposit USD on the platform in order to buy the token.
With Coinbase, there’s high security with insurance for customers’ funds. The exchange is also dead easy to use, making it the go-to platform for beginners. If you’re a beginner, this is the platform to use.
The fees are however quite high compared to exchanges like Binance, especially if you’re using the exchange from outside the U.S.
KuCoin
This is a top global crypto exchange with over 30 million users worldwide. It supports over 700 crypto assets, including VET. The most popular method for doing this is to swap some USDT for it. Other assets you can swap are BTC and ETH.
Like the other exchanges, you can use your debit or credit card to buy the token directly, which is much faster and easier for beginners. The exchange is also a user-friendly one, with a simple design for both experienced and beginner users.
Fees are also quite low compared to other exchanges. Considering the number of supported assets, this exchange is ideal for altcoin investors as well.
Crypto.com
If you’re looking for a compliant crypto exchange that you can use to buy VET, Crypto.com is one to consider. Because of its strict compliance with regulations, the exchange has licenses from several countries and jurisdictions around the world.
You can buy VET on this platform using both other crypto assets and fiat currencies. You can swap BTC, ETH, and USDT for the token. You can also deposit USD on the platform and use it to buy. The exchange also supports the use of cards for this.
Gate.io
Gate.io is one of the top choices for buying VET and for investing in a large number of altcoins. This is evident by the number of supported crypto assets, which is over 1,700.
You can buy VET using USDT or ETH. Again just like other exchanges, you can use your debit or credit card to buy directly without having to first deposit on the exchange.
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