VeChain Docs
  • Welcome to VeChain
  • Blockchain Basics
    • Introduction to blockchain
    • Introduction to digital property
    • The evolution of the internet
  • Introduction to VeChain
    • About the VeChain blockchain
      • Consensus Deep Dive
      • Governance
    • Dual-Token Economic Model
      • VeChain (VET)
      • VeThor (VTHO)
    • Acquire VeChain Assets
    • Sustainability
  • Core Concepts
    • Networks
      • Thor Solo Node
      • Testnet
      • Mainnet
    • Nodes
      • Node Rewards Programme
    • Blocks
      • Block Model
    • Transactions
      • Transaction Model
      • Transaction Fees
      • Transaction Calculation
      • Meta Transaction Features
        • Transaction Uniqueness
        • Controllable Transaction Lifecycle
        • Clauses (Multi-Task Transaction)
        • Fee Delegation
          • Multi-Party Payment (MPP)
          • Designated Gas Payer (VIP-191)
        • Transaction Dependency
    • Block Explorers
    • Wallets
      • VeWorld
        • User Guide
          • Setup
          • Wallet
          • Signing
          • Activities
          • Settings
        • FAQ
      • Sync2
        • User Guide
          • Setup
          • Wallet
          • Signing
          • Activities
          • Settings
        • FAQ
      • Sync
        • User Guide
          • Wallet
          • Ledger Device
          • Browser dApps and web
          • Interact with dApps
          • Activities
          • Settings
          • Report an Issue
          • Contributing
        • FAQ
    • EVM Compatibility
      • VeChain Modifications
      • Methodology
      • Test Coverage
        • Gas model
        • Raw transaction
        • hardhat specific
          • Ganache failures
          • evm_increaseTime
        • Failures in constructor
        • eth_sign
        • Contract address prediction
        • BadBeacon proxy address at 0x1
      • How to Recreate
      • Additional Information
        • Using Governance Contracts
        • ERC1820/ERC777 Testnet
        • Delegate Options
    • Account Abstraction
      • UserOperation
      • Bundler
      • EntryPoint Contract
      • Account Factory Contract
      • Paymaster Contract
    • Token Bound Accounts
  • How to run a node
    • Nodes
    • How to run a Thor Solo Node
    • Custom Network
    • Connect Sync2 to a Thor Solo Node
  • Developer Resources
    • Getting Started
    • How to build on VeChain
      • Connect to the Network
      • Read Data
        • Read Blocks
        • Read Transactions
        • Read Accounts
        • States & Views
        • Events & Logs
        • VET Transfers
      • Write Data
        • Transactions
        • Fee Delegation
      • Listen to Changes
        • Events
        • VET Transfers
        • Transactions
        • Blocks
        • Beats
      • Build with Hardhat
      • Utilities
        • BigInt and Unit-Handling
        • Name Service Lookups
    • Example dApps
      • Buy me a Coffee
      • Token Bound Accounts
      • PWA with Privy and Account Abstraction
    • EVM Compatibility for Developers
      • Key Architectural Differences and Optimizations
      • Practical Implications for Developers: Key Considerations
      • RPC Methods (Detailed Breakdown)
      • Frequently Asked Questions (FAQs)
      • VeChain Blockchain Specifications
      • Key Differences Between VeChain and Ethereum (Summary)
      • Best Practices for Developing on VeChainThor
    • How to verify Address-Ownership
      • Next.js Session Verification
    • Debug Reverted Transactions
    • Account Abstraction
    • VIP-191: Designated Gas Payer
      • How to Integrate VIP-191 (I)
      • How to Integrate VIP-191 (II)
      • How to Integrate VIP-191 (III)
    • Index with Graph Node
      • Setup with Docker
      • Index with OpenZeppelin
        • Create Subgraph Project
        • Configure Contracts
        • Deploy Subgraph and start Indexing
        • Track Subgraph Indexing
        • Access Subgraph
        • Update Subgraph
    • SDKs & Providers
      • SDK
        • Architecture
        • Accounts
        • Bloom Filter
        • Certificates
        • Contracts
        • Cryptography
        • Debug
        • Encoding
        • Polls
        • Subscriptions
        • Thor Client
        • Transactions
      • Thor DevKit
        • Installation
        • Usage
          • Cryptography
          • Accounts
          • Encoding
          • Transactions
          • Certificates
          • Bloom Filter
      • DApp Kit
        • v2
          • Installation
          • React
            • Installation
            • Usage
          • Vanilla JS
            • Installation
            • Usage
          • Core
            • Installation
            • Usage
          • Theme Variables
          • i18n
        • v1
          • Installation
          • React
            • Installation
            • Usage
          • Vanilla JS
            • Installation
            • Usage
          • Core
            • Installation
            • Usage
          • Theme Variables
          • i18n
          • Node Polyfills
          • V0 to V1
        • v0
          • Installation
          • Usage
          • React
            • Installation
            • Usage
          • Vanilla (UI)
            • Installation
            • Usage
          • Styles (UI)
          • i18n
      • DevPal
      • Web3-Providers-Connex
        • Installation
        • Usage
      • Connex
        • Installation
        • API Specification
    • Frameworks & IDEs
      • Hardhat
      • Remix
    • Built-in Contracts
    • VORJ
    • Useful Links
  • How to contribute
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On this page
  • How to Purchase VET & VTHO
  • Centralized Exchange
  • Virtual Currency Platform
  • The Importance of Self-Custody
  • Why Self-Custody Matters
  • Steps to Secure Your VeChain Assets

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  1. Introduction to VeChain

Acquire VeChain Assets

A comprehensive guide to acquiring VeChain assets.

How to Purchase VET & VTHO

Centralized Exchange

VeChain tokens (VET & VTHO) are available on several prominent centralized exchanges, including Coinbase, Binance, and Crypto.com. These exchanges act as intermediaries between buyers and sellers. To purchase VET/VTHO on a CEX:

  • Create an account.

  • Complete the KYC process.

  • Enable 2FA.

  • Deposit fiat funds via bank transfers or credit card payment.

  • Choose the cryptocurrency to buy - VET or VTHO.

  • Place a buy order.

  • Withdraw funds to a personal wallet.

Always double check and confirm the CEX website address to ensure you are using the official website.

Virtual Currency Platform

Another way to purchase tokens is directly from VeChain's flagship wallet, VeWorld.

By hitting "Buy" you can select among several on-ramp provides.

The Importance of Self-Custody

A popular adage in the blockchain industry, coined by Andreas Antonopoulos, states: "Not your keys, not your coins." This principle applies to all cryptocurrencies, including VeChain assets.

Why Self-Custody Matters

When you store your assets on a centralized exchange, you're exposed to counterparty risk. By entrusting a third party with your cryptocurrency, you're relying on their security measures and ethical practices. Self-custody, where you control your private keys, eliminates these risks.

Benefits of self-custody:

  • Full control over your assets

  • Reduced risk of exchange hacks or insolvency

  • Privacy and anonymity

  • Independence from third-party policies

VeChain and its affiliates will never ask for your private key. Never share your private key with anyone; doing so will likely result in loss of assets.

Steps to Secure Your VeChain Assets

  • Choose a reputable VeChain-compatible wallet (hardware or software)

  • Set up your wallet following the provider's instructions

  • Transfer your VET and VTHO from the exchange to your personal wallet

  • Safely store your recovery phrase and private keys

  • Regularly update your wallet software and follow the best security practices

By following these guidelines, you can securely acquire and manage your VeChain assets, minimizing risks and maximizing control over your investments in the VeChain ecosystem.

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Last updated 1 month ago

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