How to Buy VeThor Crypto (VTHO)

What is VeThor (VTHO)?

According to Coingecko, VeThor is : VeChain is also a dual token system consisting of <a href="https://www.coingecko.com/en/coins/vechain">VeChain Token (VET)</a> and VeThor Token (THOR). Network users are rewarded with the latter when they hold the former, which is also the case with <a href="https://www.coingecko.com/en/coins/neo">NEO</a> & <a href="https://www.coingecko.com/en/coins/gas">GAS</a>. The VeChain Token can be used to deploy applications on the platform where as VeThor can be used to pay for applications and other transactions over the network. VeChain claims that this economic model is better suited for enterprises than the one in other blockchains, such as <a href="https://www.coingecko.com/en/coins/ethereum">Ethereum</a> and <a href="https://www.coingecko.com/en/coins/bitcoin">Bitcoin</a>, where higher usage drives the cost of the utility token and subsequently the cost of deploying and operations in the protocol. In an official blog post earlier this year, the foundation announced it’s “grand aspirations to make financial services sector one of the main focuses on our development plan”. They also announced their partnership with a property mortgage loan provider Fanghuwang.com, a subsidiary of Beijing Baisheng Technology Co., Ltd. They also reported partnerships with BMW, Groupe Renault, and DNV GL. Until now, VeChain has existed in the form of an ERC-20 token on the Ethereum blockchain. In an announcement detailing the roadmap moving forward, the foundation stated that they would engage in negotiations with exchanges to perform the token swap to become an independent network. The roadmap also detailed plans to launch a mobile wallet and ledger integration.

Where can I buy VTHO Crypto?

The best website to buy VeThor is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy VeThor on Simpleswap

To buy VeThor on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select VTHO, just like in this example:

Once you selected the currency you want to pay in, and VTHO, you need to paste your respective wallet address where you want to receive your VTHO.

With Simpleswap, you'll receive your VeThor directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.