What is VeChain (VET)?
VeChain was officially launched in 2015 by Sunny Lu, the former CIO of Louis Vuitton China. It sets itself apart from typical blockchain projects by focusing on bridging the gap between business and blockchain. The platform offers a comprehensive solution to enhance supply chain logistics through transparent and secure data sharing. VeChain aims to address real-world economic challenges and provide enterprises with a new, efficient, and transparent operational model.
How VeChain (VET) Works
VeChainThor, the blockchain of the VeChain platform, features a dual-token system that aims to balance efficiency and functionality. It incorporates governance, IoT integration, and the renowned proof-of-authority (PoA) consensus mechanism. Beyond the supply chain, VeChainThor extends its blockchain capabilities to industries such as automotive, agriculture, luxury goods, and even wine.
VET serves as the powerhouse of the VeChainThor blockchain, enabling value transfer, smart contract execution, and overall smooth operation of the blockchain. Holding VET generates VTHO, the secondary token that covers transaction fees, adding a slick and efficient element to the process. This can be likened to earning interest, but with a blockchain twist. Additionally, holding VET grants governance rights, allowing holders to participate in decisions regarding the VeChain ecosystem. This opportunity is not restricted to major players; anyone with VET can join the vote. For businesses, VET offers appealing incentives such as priority processing and discounted rates, serving as a token of appreciation from VeChain for their continued support.
How Many VeChain (VET) Tokens Are in Circulation?
VET has a total supply of 85,985,041,177. The current circulating supply of VET is 72,714,516,834.
How to Buy VeChain (VET)
Consider investing in VeChain (VET)? It only takes 2 minutes to create an account on Bitget and start trading VET.
Check out the available VET trading pairs on Bitget!
Spot market
VeChain (VET) Resources
Simple 3-step guide to buying VET today in Montenegro
Create your free Bitget account
Select a funding method
Complete your VeChain purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for VeChain using a payment method of your choice:
Buy VeChain with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your VeChain order.How to buy crypto with credit/debit cardBuy VeChain with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into VeChain is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your VeChain order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your VeChain order.Buy VeChain with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your VeChain order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor VeChain in your Bitget spot wallet

Bitget—where the world trades VeChain
How to buy VeChain for free
- Learn how to earn VeChain for free through the Learn2Earn promotion
- Earn free VeChain by inviting friends to join Bitget's Assist2Earn promotion
- Receive free VeChain airdrops by joining ongoing challenges and promotions

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FAQ
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Located in Southeastern Europe and forming part of the Balkans is Montenegro, a nation that shares its borders with Serbia to the northeast, Croatia to the northwest, Bosnia and Herzegovina to the north, Kosovo to the east, Albania to the southeast, and the scenic Adriatic Sea to the west. Its coastline for the latter runs a whopping 293.5 kilometers long, with its capital city Podgorica located inland to the east. The city spans 13,812 square kilometers and is home to around 30% of Montenegro’s overall population of 621,000. There, you’ll find plenty of culturally-rich museums and art galleries, including the city’s main museum and the Center for Modern Art.
Due to the diversity of its landscapes which stretch from the coast of the Adriatic Sea to the mountain ranges of Durmitor, Bjelasica, Sinjajevina, Prokletije, Komovi, and more, the country attracts approximately 1.3 million tourists every year. Interestingly, more than 60% of the nation sits at an altitude of 1000 meters above sea level or more, meaning you’ll be able to ski up in the mountains and swim in the sea on the same day during mid-season changes. There are also four national parks, with Durmitor National Park earning the title of a UNESCO World Heritage Site.
Currently in the process of joining the European Union, Montenegro has adopted the Euro (EUR) as its official currency, and with direct support from Bitget, you can purchase VeChain(VET) in just a matter of minutes, no matter where you are in the country, from Podgorica to Nikšić to Herceg Novi. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.