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How to buy Victoria VR (VR) in Canada

Learn how to buy Victoria VR (VR) in our step-by-step guide.

Victoria VR (VR) is the 557th largest cryptocurrency by market cap, valued at US$32,251,520.

Victoria VR is a highly volatile asset capable of major price swings in a single day. Today VR is trading for $0.00901155 USD, which is higher than yesterday's trading price of $0.0084360479 USD. Over the past year, Victoria VR's price has seen a decrease of -82%.

So before you buy Victoria VR, make sure you understand these unique risks as well as its legal and tax status here in Canada.

If you're ready to get started, read on for step-by-step instructions on how you can buy Victoria VR.

How to buy Victoria VR in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Victoria VR is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Victoria VR
    You can now exchange your funds for Victoria VR. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Victoria VR to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Victoria VR in Canada

Find an exchange to buy, sell and trade VR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

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How we keep this Victoria VR guide up-to-date

  • VR price data is regularly updated through data feeds so you always have the latest information.
  • Victoria VR performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Victoria VR?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Victoria VR?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Victoria VR.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing VR with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Victoria VR?

Once you've created an account, you will need to deposit funds to buy VR with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy VR:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase VR by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for VR on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Victoria VR?

The easiest way to buy VR is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying VR, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Victoria VR has been performing recently.

Best Victoria VR wallets to store your VR

You can keep your VR on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your VR below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Victoria VR a good investment?

Cryptocurrencies are highly volatile and risky assets. Before making a purchase an investor should consider all aspects of the token and the associated platform. Here are a few things to consider before purchasing VR:

  • Staking: Users who stake the VR token can enjoy monthly rewards including a dynamic annual percentage yield (APY), mystery airdrops, whitelisting on virtual lands, and the eligibility to participate in DAO matters.
  • VR GAS farming: Instead of purchasing VR, users can farm/earn the VR token by participating in games, quests, and other virtual activities within the Victoria VR metaverse. This means that the metaverse is free to join for all users.
  • Competitors: The race to build the best metaverse is hotly contested. Giant corporations, such as Meta, Nike, Tencent, and Epic Games have already poured billions into the ecosystem. Within just the cryptocurrency industry, Victoria VR will need to compete with projects including Decentraland, The Sandbox, Axie Infinity, and Star Atlas.
  • Future for advertising: The Victoria VR metaverse plans to include a virtual advertising feature that will allow companies to advertise to players within the virtual world. All advertising costs would be paid for using VR. While the addition of paid advertising within the digital world may spoil the experience for some users, it will likely place increasing demand on the native VR token.
  • Partnerships: Encouragingly, the Victoria VR project has secured a partnership with the world-leading computing firm, Dell. This partnership will help Victoria VR compete with metaverse projects that already have a larger audience base. In addition to Dell, the project is also backed by DAO Maker, Altered Ventures, Wave Financial, and other VC firms.
  • Tokenomics:
    •  VR has a maximum capped supply of 16.8 billion tokens. This supply is scheduled to be gradually released to the market over time. Exactly 78.5% will be allocated to metaverse rewards (playing, completing quests, world exploration, and building), 18.5% will be distributed as staking rewards, and 3% will be allocated to development.

Today's Victoria VR price versus ATH

Compare today's price of Victoria VR ($0.00901155 USD) against its all-time-high price of $0.615957 USD on 10 December 2021. The closer the bar is to 100%, the closer VR is to reaching its ATH again.

Victoria VR's price: $0.00901155
ATH date: December 10, 2021
1.46%

Victoria VR ATH: $0.615957


How to trade, convert or sell Victoria VR

You can convert or sell your VR with the same exchange you bought it through:
  1. Sign in to the exchange you have VR on.
  2. If you store your Victoria VR in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of VR you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Victoria VR.
  6. Complete your transaction and move your VR to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Victoria VR, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of VR 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 Victoria VR or any other cryptocurrency discussed.

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