VeThor Token (VTHO)

$ 0.001868000000000000

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Description

VeThor Token (VTHO) is a cryptocurrency developed by VeChain Foundation, which was founded in 2015 and has since become a leading blockchain-as-a-service platform. VTHO is a next-generation public blockchain protocol and infrastructure aimed at delivering enterprise solutions to real-world businesses. VeChain has a well-established cryptocurrency community with more than 80 million users already. VeThor Token is the native token of the VeChain blockchain, which acts as a form of “gas” to pay for transaction fees. It was launched in June 2018, aiming to “leverage [their] blockchain technology expertise to facilitate the usability of blockchain-based products, services and the creation of smart contracts.” In order to purchase real-world products and services, users must first purchase VTHO tokens. VTHO is similar to Ethereum's Ether in terms of usage - as a means to pay for services, products and smart contracts on the VeChain blockchain. However, it also has a few unique features that make it stand out from the other cryptocurrencies. Firstly, it is a premined coin, meaning that all VTHO tokens have already been created and the supply is theoretically fixed. This helps to ensure the stability of the token, and thus, its actual use case. Additionally, VTHO tokens can be staked, which offers users more avenues to earn rewards and increase their VTHO holdings. In terms of its use cases, VeThor Token is used by developers and users alike to purchase data services, cloud computing, smart contract executions, and many other blockchain-based services. It also serves as a currency at various merchants, such as the VeChainThor Marketplace. Additionally, its use is expanding beyond its original purpose and is now used in various forms of lottery and gaming. Finally, VTHO tokens are available for purchase and sale on various exchanges, such as Binance, BitMax, and KuCoin. Its trading pairs include BTC, USDT, TUSD, and other cryptocurrencies. It is also available for purchase on many broker/exchanges, such as Changelly, CoinSwitch and HitBTC. All transactions are secured through the use of VTHO wallets, such as the official VeChainThor mobile wallet and Coinbase. All in all, VeThor Token is a valuable cryptocurrency with a wide range of use cases. Founded by the experienced VeChain Foundation, it offers users fast and secure transactions with low fees, making it a great option for those seeking to purchase real-world goods and services on the VeChain blockchain. Anyone interested in investing in cryptocurrencies would be wise to include VTHO in their portfolios.