Vechain is now available for trade on the Bitfinex as well as Ethfinex cryptocurrencies exchanges. Bitfinex offers Bitcoin, Ethereum as well as USD pairing with Vechain.
About Bitfinex
Launched in 2012 and based out of Hong Kong, Bitfinex has consistently been in the top five exchanges, ranked by trading volume.
Trading fees on Bitfinex are low. When you are an order maker (you put an order in the book) you pay a fee from 0 to 0.10%, while takers (you fill an order already in the books) your fee ranges from 0.10 to 0.20%.
Deposits have been enabled for VeChain (VEN). https://t.co/1Mue8weNEG pic.twitter.com/rf94MEipxJ
— Bitfinex (@bitfinex) May 10, 2018
It’s important to note that Bitfinex is currently no longer available for U.S. residents. Although this discontinuation is said to be temporary, it is unclear when Bitfinex will open its exchange for U.S. based customers again.
Buying Vechain using USD on Bitfinex
After you have gone through Bitfinex’s extensive verification process you are able to deposit fiat currency on your Bitfinex account. After the deposit has arrived at Bitfinex, you can use it to buy Vechain without first having to convert your fiat to BTC, like for example is needed on Binance.
Bitfinex also allows you to convert your Vechain to fiat and withdraw it to your bank account.
Vechain available on Ethfinex
Next to the listing on Bitfinex, Vechain has also been listed Ethfinex. Ethfinex is a hybrid decentralized exchange where users can trade ethereum tokens with ethereum as well as USD.
VeChain aims to track the movement of products and shipments in real time using the Ethereum blockchain, with the goal of reducing costs and increasing transparency. $VEN will begin trading today on https://t.co/17i3nyegMh at 13.30 UTC. @vechainofficial pic.twitter.com/JYaqUauukU
— Ethfinex (@ethfinex) May 10, 2018