Where & How to Buy VeChain (VET) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy VeChain on 5+ highly rated crypto platforms.
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Updated on Oct 10, 2024
Reading time 3 minutes

VeChain coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy VeChain this way. Follow our quick step guide below.

How to buy VeChain quickly in 3 steps

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To buy VeChain you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 4 crypto platforms for users based in

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

Bitvavo review
3.2
Bitvavo
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

Bitvavo review

How to buy VeChain
Min. Deposit n/a
Fees
No. assets n/a
Demo account

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy VeChain token

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Locate the search box and type VET. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own VeChain tokens! Not a big deal, right?

Where to buy VET easily

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The overall best platform to buy VeChain for beginners is Plus500 .

Here are the top five places to buy VeChain, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Plus500: Best for international trading*

Read more about how we rate, rank and review platforms.

Best exchanges to buy VeChain (VET), reviewed

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We found 4 crypto platforms for users based in

1. Plus500. Best for international trading*

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4.5
Ratings

$100

Min. deposit

From 0.08%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to futures for a range of instruments, including forex, commodities, and cryptocurrencies among several others.

Plus500 has something for all types of traders, no matter what level of experience. Its low margin requirements (starting at $20) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Fees & Costs

Pros & Cons

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

How to trade VET

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You can trade VeChain on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how VET crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of VET/USDT is $1. You read the price charts and decide that now is a good time to start purchasing VET.
  2. Open a trade: You trade one USDT for one VET ($1 USD for 1 VET).
  3. Continue to monitor the price: The following month, one VET token is now worth $2, a 100% increase.
  4. Close your trade: You trade your VET token back to USDT for $2.

In this example, you buy and sell VeChain, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for VeChain (VET)?

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The simplest way to buy VeChain cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for VET.

  • Buy VeChain with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy VeChain with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store VeChain (VET)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of VeChain then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best VeChain wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy VeChain?

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The answer depends on the current price and your own investment goals. Put simply, buying VeChain, selling VeChain, and trading VET are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade VeChain.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of VET, then a good time to purchase VeChain is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying VeChain and selling it the next day probably isn’t why you’re here either.

How has VeChain (VET) performed this year?

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The current VeChain price today is $0.07, which is -75.53% versus its all time high of $0.28, which it reached on 17 April 2021. VET is +149.00% this year, with a 52 week high of $0.08 and a 52 week low of $0.02. 

Regardless, closely following VeChain price news & analysis will help you decide when to pull the trigger.

Is VeChain (VET) a good investment?

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Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of VeChain and its token to help you decide whether to invest in VET.

  • Very few platforms offer a similar service. VeChain uses blockchain technology to manage goods and products on the supply side by giving each product a unique digital identity and tracking its movement and ownership history on the blockchain.
  • VeChain has real-world use. By giving each product a unique identifier, anyone can track its movement and its ownership history. This means that the entire supply chain can be tracked and verified, from the manufacturer to the end consumer. This helps prevent fraud and counterfeits, particularly with high-value goods, as it is difficult to fake or tamper with a product’s digital identity on the blockchain.
  • Several large companies have partnered with the platform. VeChain has partnerships with brands such as BMW, PwC, and DNV GL. These partnerships give VeChain a strong foothold in the supply chain and logistics industry and bode well for future growth.
  • VeChain is moving onto its own platform. VeChain Thor will be used to bring together businesses, developers, and users to build decentralised applications on top of the VeChain blockchain. This move could put VeChain in direct competition with Ethereum. VeChain Thor is similar to Ethereum in that it allows for smart contracts and decentralised applications to be built on it.
  • It has a track record of successful results. VeChain’s practical, real-world use sets it apart from other blockchain platforms, focusing on solving real-world problems in the supply chain and logistics industry. VeChain’s solutions are already being used by businesses, and it has a track record of delivering results.
  • It needs more partnerships to grow. Before investing in VeChain’s native token, VET, it’s essential to research the project thoroughly. This includes looking at the team behind it, their partnerships, and the technology they are using. You should also look for signs of more businesses joining the platform and other success stories that indicate wider adoption is on the way. This will give you a better understanding of VeChain’s potential for growth and success in the future.

Use this quick summary of pros and cons to compare VeChain with other, similar projects.

Pros

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  • Offers a solution to a real-world problem of high-value counterfeit goods
  • VET gives you power on the platform
  • Impressive list of partners bodes well for business adoption
  • Research partnership with Oxford University and founded by Sunny Lu, former CEO of Louis Vuitton China

Cons

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Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

FAQs

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01

Where can I buy VeChain (VET)?

02

What do I need to buy VET?

03

Is VeChain on Coinbase?

04

Is VeChain on Binance?

05

Is VET on eToro?

06

What is the best wallet to store VET?


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...