As the crypto industry continues to grow, so does the number of exchanges that are popping up. Binance is one of the newer exchanges that has gained a lot of popularity due to its low fees and wide selection of coins.
Binance US is a new entity that was created after Binance decided to comply with US regulations. This article will explain how to buy VTHO on Binance US.
VTHO is the native token of the VeChainThor blockchain. VTHO is used to pay for transaction fees on the VeChainThor blockchain and is also used to power smart contracts and dApps on the network.
VTHO is similar to Ethereum’s gas in that it is required to power transactions on the network.
The first step is to create a Binance account. Head over to Binance US’s website and click on the “Create Account” button. Fill out your personal information and create a strong password.
NOTE: WARNING: Trading cryptocurrencies can be extremely risky and is not suitable for everyone. Please do your own research before investing in VTHO on Binance US. Make sure you understand the associated risks and are willing to take them on before making any trades. Cryptocurrency markets can be unpredictable, so please exercise caution when investing.
Once your account is created, you’ll need to verify your identity. Binance US requires users to submit KYC (Know Your Customer) documents in order to comply with US regulations.
After your account is verified, you’ll need to deposit funds into your account in order to start trading. Binance US only supports deposits in USD.
You can deposit funds into your account via ACH or wire transfer. Once your deposit arrives in your account, you’ll be able to start trading!.
To buy VTHO, simply go to the “Markets” tab and search for “VTHO/USD”. This will bring up the market for VTHO/USD pair. On this page, you can see the current price of VTHO as well as the volume traded in the last 24 hours.
To buy VTHO, enter the amount of USD you want to spend in the “Buy VTHO” section and click “Buy”. Your order will be filled immediately at the current market price.
And that’s it! You’ve successfully purchased VTHO on Binance US! You can now hold onto your VTHO or use it to pay for transaction fees on the VeChainThor blockchain or power dApps and smart contracts.
10 Related Question Answers Found
Binance is one of the most popular cryptocurrency exchanges, and it offers a wide range of digital assets. However, you may be wondering whether you can purchase VTHO on Binance. The answer is yes!
Yes, you can buy VTHO on Binance. Here’s how:
1. Go to the Binance website and create an account.
2.
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