Binance, Exchanges

Can You Sell VTHO on Binance?

As the native token of the VeChainThor blockchain, VTHO is designed to be used as “gas” to power transactions on the network. This means that VTHO is not meant to be traded or sold on exchanges like Binance.

However, there is a workaround that allows users to sell VTHO on Binance. By converting VTHO into VET (the other token on the VeChainThor blockchain), users can then sell VET on Binance for other cryptocurrencies or fiat currencies.

NOTE: WARNING: It is currently not possible to sell VTHO on Binance. Trading or attempting to trade VTHO on Binance may result in account suspension or other penalties. Please exercise caution and use discretion when trading cryptocurrencies.

This process is not without its risks, however, as it requires users to trust a third-party service to convert their VTHO into VET. Additionally, the price of VTHO is closely tied to the price of VET, so any changes in the price of VET will likely affect the price of VTHO as well.

Overall, selling VTHO on Binance is possible but it is not recommended due to the inherent risks involved.

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