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How to buy VideoCoin (VID) in the US

Learn how to buy VideoCoin (VID) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

VideoCoin
VID- USD
$0.30
+ $0.04 ( + 13.47%)
COLLECTIBLES-NFTS

How to buy VideoCoin

1. Compare crypto exchanges

The easiest way to buy VideoCoin 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 – cryptocurrency, paypal, wire transfer and credit or debit card payments are all widely accepted.

4. Buy VideoCoin

You can now exchange your funds for VideoCoin. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your VideoCoin to your personal wallet.

Where to buy VideoCoin

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

Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

495
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
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Steps on how to buy VideoCoin

Look for an exchange that supports both fiat and cryptocurrency to simplify buying VideoCoin.

  1. Compare cryptocurrency exchanges that supports VID.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy VideoCoin.
  4. Buy VideoCoin.
    Complete your VideoCoin purchase and then find the best wallet to store VID.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying VideoCoin

As with any investment, it is vital that you perform due diligence before adding it to your portfolio. When it comes to VideoCoin, here are a few things worth considering:
  • Staking. To get the most out of VID investments, it’s a good idea to consider whether you are interested in staking tokens or providing your unused CPU cycles to the network. These processes can be a little complex for beginners, and staking (particularly delegating) comes with the potential risk of losing your entire investment.
  • Competition. Blockchain-based, peer-to-peer video encoding and streaming services are becoming quite popular on the decentralised marketplace. Networks like Livepeer, Tangram and Theta all sit within this development sphere and will compete with VideoCoin for market share.
  • Tokenomics. As of July 2021, 152 million of VID’s lifetime token supply of 265 million are in circulation. 76% of the uncirculating supply is locked up in the network to provide extra security. VideoCoin’s developers are also focused on providing validators with staking rewards protected from inflation. In 2019, 70% of the original token supply (617 million) was burned to prevent inflation and loss of worth.

How to sell VideoCoin

You can cash out your VID with the same exchange you bought it through:

  1. Sign in to the exchange you have VID on.
    If you store your VideoCoin in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of VID you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of VideoCoin.

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

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