What is vechain token & vtho?

VeChain makes use of two tokens: VeChain token (VET) as a value layer and VeChain Thor Energy (VTHO) as a smart contract layer. VeChain states that its goal is “to build a trust-free and distributed business ecosystem platform to enable transparent information flow, efficient collaboration, and high-speed value transfers.

Is vechain a good crypto project?

So far, VeChain has been managing this issue well, but only time will tell how it will be resolved in the future. VeChain as a project is relatively inaccessible to the average user — after all, it only works with businesses. As a result, its potential pool of interested audiences in the crypto space may naturally be smaller.

What is vtho (vet) & how does it work?

VET can also be used to generate a second kind of token, known as VeThor or Thor Power (VTHO), to access the supply chain technology. So a company that wants to use VeChain's tracking for their supply chain has to pay VTHO in order to add more information to the blockchain.

Where can I buy vtho?

VET is a freely-tradable token available on major exchanges, while markets also exist for VTHO. VET had major markets on Binance and Huobi Global among other platforms, with pairs for cryptocurrencies, stablecoins and fiat currencies.