Uphold
With a market cap of $922,561,366.00 USD, VeChain ranks as the 105th largest cryptocurrency by market capitalization in the world. It operates on the VeChain blockchain network. It is currently trading at a price of $0.011 USD per coin and trades using the cryptocurrency code VET.
VeChain is a highly volatile asset capable of major price swings in a single day. So before you buy VeChain, make sure you understand these unique risks as well as its tax and legal status in Canada.
If you want to buy VeChain in Canada or track its performance, keep reading to see the latest VET price, market cap and trading volume along with a step-by-step guide on how to invest in VET crypto in Canada.
| Current price | $0.011 |
|---|---|
| All-time high | $0.28 |
| All-time low | $0.0019 |
| 1-year price change | ▼ -80.92% |
| Market cap | $922.56M |
| Market cap rank | #105 |
| Total volume (24h) | $31.38M |
| Circulating supply | 85,985,041,177 |
| Max supply | 86,712,634,466 |
| Network | VeChain |
| Where to buy VET | Buy on Coinbase |
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
The whole process of buying VET can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy VeChain in Canada:
The easiest way to buy VeChain is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.
To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.
Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.
You can now exchange your funds for VeChain. On beginner-friendly exchanges, this is as simple as searching for the coin name (VeChain) or its crypto code (VET), entering the CAD or VET amount you want to purchase and clicking "Buy."
Consider transferring your VET to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.
We've curated a list of legitimate crypto exchanges below where you can buy VeChain in Canada to help you compare deposit methods, supported fiat currencies and fees.
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
The VeChain (VET) coin price is $0.011 USD, which is -4.29% lower than the previous day's trading price of $0.011 USD. Over the past 30 days, VET's price has changed by -32.26%, from $0.016 USD to the current price of $0.011 USD. Compared to this time last year, VeChain's coin price has seen a decrease of -80.92%.
VeChain reached its all-time high price of $0.28 USD on April 19, 2021, which was a +14,556.86% increase from its previous all-time low price of $0.0019 USD, which it reached on March 13, 2020. It has since landed at its current price of $0.011 USD.
Yes, you can buy VeChain in Canada. Simply open an account with a crypto exchange that operates in Canada and supports VeChain—like the ones in our curated list above—and place a "buy" order. For example, Coinbase supports VeChain and is a registered crypto exchange in Canada.
Because VeChain is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.
VeChain was founded in 2015. This blockchain platform is intended to revolutionise supply chain management by making it easy to track the entire lifecycle of a product, allowing retailers and consumers to quickly verify the quality and authenticity of just about anything they buy.
VeChain is designed to create a more transparent market and to give people access to reliable information about the products they buy and sell. VeChain aims to be a secure and easy way for product manufacturers to collect, store and share product details with retailers and consumers. VeChain works by giving each product a unique ID and VeChain smart chip tracker. The platform is intended to serve 4 primary purposes: Aid anti-counterfeiting Assist in supply chain management Improve asset management for businesses Improve customer and client experiences The VeChain system consists of 2 different cryptocurrencies: VeChain (VET) and VeChainThor (VTHO). The former is used to secure the network itself, while the latter is used as gas to power applications on the network. VTHO is earned by users who stake VET tokens. All transactions and services on the VeChain platform depend on these tokens.
To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.
If you want to buy VeChain with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.
This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.
KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.
Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying VeChain with a credit card, you should be aware of the additional cost and risks involved.
For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.
For example, if you were to use a credit card to buy VeChain, you could end up paying this:
If it took you three months to pay off your VeChain purchase at a credit card interest rate of 19.99% APR, you would pay an additional $0.55 USD in interest on top of what you originally paid to buy VeChain.
This example can help you compare the relative cost of buying VeChain with a credit card versus other lower‑fee methods like Interac e-Transfers.
You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying VeChain, or visit our guide on buying crypto with a credit card for more details.
Yes, it is possible to buy VeChain with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.
To buy VeChain with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.
Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.
Cryptocurrencies are complicated and highly speculative, and it's important to ensure you understand the token and its associated platform before investing. In the case of VET, here are some things to consider:
Competitors such as WaltonChain, Wabi and OriginTrail may each challenge VeChain’s market share. It's worth researching a number of potential supply chain blockchain solutions before deciding on one particular token.
The adoption rate of VeChain will largely be informed by its corporate partnerships, which will in turn have a massive impact on the blockchain's success. You can keep up-to-date on VeChain's adoption via the VeChaininsider website.
Some notable partners include auto manufacturer BMW, and Norwegian registrar DNV.
VET is used as a medium of exchange and store of value for services provided by the blockchain. Conversely, VTHO is used to pay for gas (transaction) fees on the network.
As VeChain is a proof-of-stake network, users can generate VTHO tokens by staking their VET on a supported wallet.
There are two main options for storing VeChain once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.
While it can be more convenient to leave your VeChain on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.
It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.
Like all crypto, VeChain is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.
Money you get from selling VeChain can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual VeChain buyer than if your crypto profits are classified as business income.
You can learn more about how crypto taxes work in our guide to crypto tax in Canada.
Keep in mind that buying VeChain can be risky. But if you decide to invest in VeChain, look for a regulated crypto exchange in Canada that supports VET, and make sure to store your crypto securely.
Once you've bought VeChain, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on VeChain's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Bitcoin halving countdown: What does it mean for bitcoin’s price?
Bitcoin halvings usually precede a dramatic increase in bitcoin’s price.
A panel of industry specialists give us their predictions on the price of solana to 2035.
Crypto ETFs let you invest in bitcoin and other cryptos—often with less risk than buying crypto directly. Learn more in our guide.
Learn more about the RUNE cryptocurrency with this beginner’s and buyer’s guide.
This guide provides step-by-step instructions on how to buy VeChain, lists some exchanges where you can get it and provides daily price data on VET.
CryptoTrader.Tax review: Automatic cryptocurrency tax reports
Learn more about CryptoTrader.Tax for automatic crypto tax reports.
Learn how to buy Fartcoin in Canada with our simple step-by-step guide and tips on what to know before you get started.
This guide provides step-by-step instructions on how to buy Bonk, lists some exchanges where you can get it and provides daily price data on (BONK).
This guide provides step-by-step instructions on how to buy THORChain, lists some exchanges where you can get it and provides daily price data on (RUNE).
This guide provides step-by-step instructions on how to buy Hedera, lists some exchanges where you can get it and provides daily price data on (HBAR).
This guide provides step-by-step instructions on how to buy Axie Infinity, lists some exchanges where you can get it and provides daily price data on (AXS).
This guide provides step-by-step instructions on how to buy TRON, lists some exchanges where you can get it and provides daily price data on (TRX).
This guide provides step-by-step instructions on how to buy EOS, lists some exchanges where you can get it and provides daily price data on (EOS).
This guide provides step-by-step instructions on how to buy Stellar, lists some exchanges where you can get it and provides daily price data on (XLM).
This guide provides step-by-step instructions on how to buy Bitcoin Cash, lists some exchanges where you can get it and provides daily price data on (BCH).