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How to buy Veritaseum (VERI)

Learn how to buy Veritaseum (VERI) in our step-by-step guide.

Veritaseum (VERI) is in the top 1,000 cryptocurrencies by market cap, valued at $65,148,313.

Veritaseum is a highly volatile asset capable of major price swings in a single day. Today VERI is trading for $30.32, which is slightly down from yesterday's trading price of $32.29. Veritaseum's seen a decrease of -44% over the past year.

So before you buy Veritaseum, make sure you understand these unique risks as well as its legal, regulatory and tax status here in the US.

If you're ready to get started, read on for step-by-step instructions and a list of platforms you can use to buy Veritaseum.

How to buy Veritaseum 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 Veritaseum 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 using the payment method that best suits you – fiat and cryptocurrency payments are widely accepted.
  4. Buy Veritaseum
    You can now exchange your funds for Veritaseum. 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 Veritaseum to your personal wallet.

Where to buy Veritaseum

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

How we keep this Veritaseum guide up-to-date

  • VERI price data is regularly updated through data feeds so you always have the latest information.
  • Veritaseum performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
  • Key information on coins and how to buy them is regularly reviewed by our editorial team of James Edwards, Frank Corva and Billy Endres.
  • Our coin coverage and exchange information is regularly reviewed by our publishing experts Louise Vinciguerra and Molly Wiltshire-Bridle.

How do I find the best places to buy Veritaseum?

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 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.

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What will I need to buy Veritaseum?

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 Veritaseum.

  • 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 VERI 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.
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What are the best ways to buy Veritaseum?

Once you've created an account, you will need to deposit funds to buy VERI 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 to buy VERI:

  • 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 VERI by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for VERI on the spot market to see what cryptocurrencies it can be traded for.
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What is the easiest way to buy Veritaseum?

The easiest way to buy VERI 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.

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Best Veritaseum wallets to store your VERI

You can keep your VERI 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 VERI below.
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Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$219
Supported assets
1,456+
Go to site

SafePal S1 Wallet
★★★★★

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Veritaseum a good investment?

Below is a list of defining features of the Veritaseum platform. Learn all about them before deciding to invest in VERI:

  • Recent patent approval: Although documentation for the patent of Veritaseum software and protocol was submitted in 2013, the patent was only recently accepted within both the US and Japan. However, since the submission of the patent, many DeFi applications have gone on to include elements that are similar to the now patented Veritaseum technology. This may mean Veritaseum could seek a share of all revenue created from such platforms. Investors looking to gain exposure to VERI will need to keep a close eye on which DeFi-focused applications are potentially using Veritaseums peer-to-peer trading software and the remuneration system Veritaseum may put in place.
  • Custom solutions for each protocol: The Veritaseum team of analysts, financial engineers, and macro strategists are responsible for creating custom software solutions that cater to a client's individual needs. Once a product is developed, VERI tokens are then minted to unlock smart contracts and give access to the software. The demand for VERI tokens will ultimately depend on the uptake of Veritaseum software.
  • Unique services:
    •  The Veritaseum ecosystem offers a holistic set of seven tools, including VeAssets, VeRent, VeADIR, VEResearch, VeExposure, VeManagement, and VeTokenization. Through all of these services, users can easily buy and sell various blockchain assets, while also tokenising assets such as real estate, precious metals, and commodities.
    Read more

    Today's Veritaseum price versus ATH

    Compare today's price of Veritaseum ($30.32 USD) against its all-time high (ATH) price of $465.93 on January 09, 2018. The closer the bar is to 100%, the closer VERI is to reaching its ATH again.

    Current price: $30.32
    All time high: $465.93
    7%
    93%

    How do I trade, convert or sell Veritaseum?

    You can convert or sell your VERI with the same exchange you bought it through:
    1. Sign in to the exchange you have VERI on.
    2. If you store your Veritaseum 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 VERI you'd like to convert or sell.
    5. Confirm the sell price and fees and close your sale of Veritaseum.
    6. Complete your transaction and move your VERI to a wallet for storage.
    Read more

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    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.

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