Buy Veritaseum or VERI Crypto Currency explained by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about What is Veritaseum or VERI CryptoCurrency.
What Is Buy Veritaseum or VERI CryptoCurrency?
Veritaseum is a token of the platform of the same name, based on the Ethereum blockchain. The token was released as an initial coin offering (ICO) to fund the development of the Veritaseum blockhain P2P platform. It is touted by its creator Reggie Middelton as an alternative to financial institutions. The idea is to allow users to trade in stocks via the platform, without intermediaries like exchanges and brokerages. Some analysts claim the Veritaseum network is just “marketing fluff” and some even say it is a scam, but the fact is that the Veritaseum token has a relatively decent market cap and is being traded on some crytocurrency exchanges, despite the doubts of specialists.
So, if you want to get Veritaseum tokens, you should do several things.
How to buy Veritaseum Crypto Currency?
1. Buy Veritaseum with another cryptocurrency. If you have Bitcoin or Ether, you can buy this altcoin with it. If you don’t you need to get some first. The simplest option is to go to Coinbase, which is a large and reliable exchange. It has a New York bit license, i.e. is sort of regulated, and offers its services in more than 30 countries in the world. The biggest advantage of Coinbase is that you can buy Bitcoin or Ether almost instantly with a credit or debit card, for a commission of 4%. There are other fiat currency funding options like bank transfers, which are slower, but also the commission is lower. In some countries, you can make a payment via PayPal too.
2. When you already have your Bitcoin or Ether, you should choose an exchange that offers Veritaseum. There are not too many of them: HitBTC, Mercatox and EtherDelta.
3. After you have registered and underwent the client verification, if needed, you can transfer your Bitcoin or Ether to the exchange of your choice and buy Veritaseum.
4. Buy Veritaseum with fiat currency. This option is more straightforward and simple, instead of opening accounts at various exchanges and buying and transferring other cryptocurrencies. However, no exchange is offering the possibility to buy Veritaseum for a fiat currency.
Once you have your Veritaseum, we strongly advise to move it off the exchange and store it in your own e-wallet. Keeping funds on the exchanges is quite risky, as they are prone to hacker attacks and you can lose your funds.
Since Veritaseum is based on the Ethereum blockchain, theoretically you could use any wallet that supports it. The recommendations are MyEther Wallet, Ledger Wallet, Trezor, MetaMask and Ethereum Mist DApp.
In theory you could also just speculate on the price of Veritaseum, without owning it, by trading in CFDs on it. Leveraged trading on such instruments is offered by many large and well-regulated forex brokers who have turned their attention to cryptocurrencies in the past months. However, they are mostly focusing on the larger and more popular tokens and neither offers CFDs on Veritaseum.
How to Buy Veritaseum or VERI Crypto Currency Conclusion
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