How to buy Vite (VITE) in the UK

Where to buy Vite in the UK

It looks like VITE may not be available to purchase on an exchange in the UK.

You can still purchase VITE by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

How to purchase VITE using a decentralised exchange.

1. Find VITE on a decentralised exchange and make sure Vite can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
2. Buy ETH to trade for VITE using an exchange like CoinJar. You will need to purchase enough ETH to swap for VITE as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
4. Trade ETH for VITE on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
5. Wait for the transaction to finalise and the VITE tokens will arrive in your wallet.
6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the UK.

Best Vite wallets to store your VITE

You can keep your VITE 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 VITE below.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Vite a good investment?

Before buying altcoins such as VITE it’s important to understand the associated tokenomics and the potential for capital growth. Here are some key factors to consider:

• Supply and tokenomics. VITE coins were issued in June 2018 with an initial token supply of 1 billion. Over 40% of the tokens were distributed via private sale in May 2018. The remaining supply is distributed between marketing (10%), ecosystem development (23.57%), the development team (20%), airdrops (5%) and advisers (1%).
• Utility. Unlike similar public blockchains, such as Ethereum, Vite implements a quota-based transaction model for fees. VITE can be staked to earn "quota". It is the quota that is then used for transactions. In other words, Vite has a zero-cost transaction model to replace “gas” that is widely used in blockchains such as Ethereum.
• Voting rights. Token holders can use VITE to vote for Snapshot Block Producers (SBP) that maintain and secure the network. Voting rewards can be earned.
• VITE vs VX. VITE is the utility token used for all transactions and smart contract executions that take place on the Vite network. In contrast, VX or ViteX Coin is the native coin of the ViteX decentralised exchange. Users can “hodl” VX coins to receive daily dividends in BTC, ETH and USDT. VX tokens can also be earned by staking VITE.

Additional information about Vite can be found using our VITE analysis tools.

Today's Vite price versus ATH

Compare today's price of Vite ($0.01876549 USD) against its all-time-high price of $0.345255 USD on 10 April 2021. The closer the bar is to 100%, the closer VITE is to reaching its ATH again.

How to trade, convert or sell Vite

You can convert or sell your VITE with the same exchange you bought it through:

1. Sign in to the exchange you have VITE on.
2. If you store your Vite 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 VITE you'd like to convert or sell.
5. Confirm the sell price and fees and close your sale of Vite.
6. Complete your transaction and move your VITE to a wallet for storage.

Get started with crypto

• How to trade cryptocurrency
• What is DeFi?
• What is a blockchain?

Crypto exchanges and wallets

• Best crypto exchanges
• Best crypto wallets
• Best hardware wallets

Learn about other cryptos

• Best crypto to buy now
• How to earn crypto
• Coins vs. tokens

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.