How to Buy Vechain in India

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Best places to buy vechain

If you are looking to buy vechain then check out the prices at these exchanges which all accept customers from India. Prices can vary quite significantly between exchanges and are constantly changing so the below is just a guide from the last few minutes. For more information on these exchanges and other exchanges for buying vechain or other cryptocurrencies in India then please scroll down to the Exchanges Info Section which highlights the differences between them.

$ 0.037160

Buy VeChain at Bybit

Buying vechain in India

The economy in India is labeled as the fifth largest economy in the world, with Gross Domestic Product or GDP derived from pharmaceutical and IT services, as well as tourism, textile, telecommunication and even automobile industries. It is clear to see how such a large and well-developed economy could further benefit from cryptocurrencies and cryptocurrency trading. The Supreme Court of India ordered the Indian government to establish a regulatory system for cryptocurrencies and cryptocurrency trading in 2019. Until this task is complete, Bitcoin will unfortunately remain unrecognized as a payment method by any state authority. Having said that, those who procure income from Bitcoin should expect to pay taxes on it. This is because the Indian laws regulate taxation on any and all forms of income. For a country as large as India, it has only one Bitcoin ATM to offer. It is located in the Garage Society in Gurugram. Recent news speculates that Crypto could be made illegal in India and residents forced to sell their holdings.
As of 20/03/2021

VeChain (VET) Key Data

Price $

0.037222

24hr %

0.05%

Mkt Cap $

2,483.17b

24hr High

0.037910

24hr Low

0.036660

A complex network based on various node tiers, which rewards staking proportionately. VET owners also receive payouts in the form of VTHO tokens. The aim of VeChain is to offer an immutable, highly traceable blockchain record for verifying physical products such as wine, food, and luxury goods.

Exchanges Info

These exchanges all accept customers from India. While they broadly offer the same services and you can buy vechain at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Open a Bybit Account

Bybit

Based in Singapore and registered in the British Virgin Islands, Bybit is a P2P cryptocurrency exchange offering perpetual futures products with 100:1 leverage. Bybit can process 100k transaction per second which is a great feature for leveraged trading.

Pros

• Advanced and secure technology
• Anonymous accounts
• Attractive trading bonuses
• Very low fees

Cons

• Limited asset coverage
• No option instruments

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