Key metricsKey metrics
PricePrice$0.0072
Asset TypeAsset TypePlatform
StructureStructureFoundation
Project StatusProject StatusMVP
OwnershipOwnershipFree
SectorSectorTraceability of goods
IndustryIndustryBlockchain
FoundedFounded1-Jun-2015
Funds raisedFunds raised200k ETH
CountryCountryChina
Key personKey personSunny Lu

VeChain (VET) Information{coin_name} ({symbol}) Information

VeChain is a leading global enterprise level public blockchain platform.

VeChain is the world’s leading blockchain platform offering Blockchain-as-a-Service to enterprises for products and information. By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable. VeChain is the world’s leading blockchain platform offering Blockchain-as-a-Service to enterprises for products and information By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable.

OrganizationsOrganizations

Vechain Technology SEA PTE. LTD.

Company NumberCompany Number 201626984R
7 Straits View, Marina One East Tower, #05-01, Singapore, 018936

Questions and AnswersQuestions and Answers

How do I tell if my address is an VeChainThor Address or Ethereum address?
A VeChainThor Addresses can be created and managed in the wallets that support the VeChainThor Mainnet
I use MEW (Myetherwallet) to store my ERC20 VEN, and it shows ERC20 VEN as VET and the address looks similar. Is this VET token?
NO. MEW only supports tokens on the Ethereum blockchain. ERC20 VEN shows as VET because MEW follows the naming convention after the VeChain rebrand. In short, MEW can only be used to store and process ERC20 VEN, after the token swap VET is no longer compatible with MEW. You need to make sure you only send VET to the addresses created in your VeChainThor wallet.
When will the exchange start the token swap? How do I know if my tokens have been swapped for VETs on the exchange?
VeChain team has been actively working with the exchanges to integrate VeChainThor mainnet, while the exchanges determine the actual token swap date. Please pay attention to the announcement of the exchange that your ERC20 VEN is stored. We will also update the token swap date in this FAQ as soon as we are aware of the announcement. On the token swap date, the exchange will swap your ERC20 VEN tokens for VET tokens at a 1:100 ratio, which means you will be able to see balance in the asset of VET as a new asset class. Otherwise, you should wait for the token swap to be complete before withdrawing the VET to the VeChainThor wallet. Please pay attention to the asset name. Please see below table for the latest token swap date and asset names.
I want to send my ERC20 VEN tokens to exchange for token swap, how do I know I’m using the correct deposit address?
Even if the ERC20 VEN trading is not available, exchanges will likely still support ERC20 VEN token deposit during the token swap process. Before you send the ERC20 VEN tokens, double check the name of the asset for the deposit address and make sure it is for the ERC20 VEN token. You can only use Ethereum wallets such as MEW and imToken to send your ERC20 VEN token to the deposit address. The VET token deposit will be made available by the exchange after the token swap starts. If you would like to deposit VETs, double check the name of the asset for the deposit address and make sure it is for the VET token. You can only use the VeChainThor Wallet to send your VET token to the deposit address. See the list of exchanges that announced support for the VeChainThor Token Swap.
Do I have to do anything for the token swap if my ERC20 VEN is sitting in the exchange?
As long as the exchange supports the VeChainThor Mainnet integration and token swap, you do not need to do anything. The exchanges will swap your ERC20 VEN to VET at a 1:100 ratio.
I just transferred VET/VTHO, is there any explorer I can check the transactions and account balances on the VeChainThor Blockchain? Can I use etherscan?
The VeChainThor Blockchain and Ethereum are separate blockchains; you will not be able to check transaction or account balance of VET/VTHO on etherscan. You should only use explorers that support the VeChainThor mainnet to check the transaction and account balances on the VeChainThor Blockchain.
When I use the X Node binding and token swap services, what are the ERC20 VEN address and intermediary address? Can I send VET tokens to these addresses?
NO, both addresses are Ethereum addresses, not VeChainThor Addresses, so you MUST NOT send any VET token to these addresses. ERC20 VEN address is the address which stores your ERC20 VEN tokens on Ethereum. The intermediary address is a unique address cryptographically generated for you. All intermediary addresses start with 0x and followed by 20 0s so that no one is able to move the funds further. Your intermediary address can only be generated during your X Node binding or token swap services.
How long do I have to wait after I send 0.01 VEN to the intermediary address for address binding?
The binding usually takes about 20 minutes to complete. We confirm your binding status after 50 blocks on the Ethereum blockchain once we detect the valid transaction in the intermediary address. However, it could take longer if the Ethereum network is in congestion. If your node binding is still not confirmed 30 minutes after you see the transaction in the intermediary address, please contact support@vechain.com for troubleshooting.
If I sent my ERC20 VEN tokens to the VeChainThor Address, is it possible to recover it?
Potentially, but we highly recommend you make sure you are using the correct address before conducting any transaction. Resorting to seeking further help should be your last option as there is a risk that recovery might not be successful. You should follow the steps below for recovery: Export the keystore of the VeChainThor Address from the VeChainThor Wallet Import the keystore file into an Ethereum wallet (such as MEW and imToken), you will be asked to input the password of the keystore. It is same as the wallet password you set in the VeChainThor Wallet If it is imported successfully, you will be able to restore this address in the Ethereum wallet and gain control over the ERC20 VEN token. Please note the mnemonic phrase can not be used for recovery due to the different coin type between the VeChainThor Blockchain and Ethereum.
I’m an X Node holder, after I bound my X Node, I sent the rest of my ERC20 VEN to the intermediary address by mistake. What should I do?
To repeat, during this process of X Node binding, the intermediary address is only used to receive your 0.01 ERC20 VEN to bind your X Node. After successfully bound your X Node, you MUST NOT transfer the rest of your ERC20 to this intermediary address. In the worst case scenario you transferred ERC20 VEN to the intermediary address by mistake, please contact support@vechain.com and seek assistance. Once the X Node binding process is completed, we will manually handle your case and send you the corresponding amount of VET to the bound VeChainThor Address. Please be patient as this is a manual process and will be completed as technicians have available time.

TechnicalTechnical

Key metricsKey metrics

Source Code Repositories

vechain/thor 362 Stars 15 Contributers 8 Open Issues

A general purpose blockchain highly compatible with Ethereum's ecosystem

EconomicsEconomics

Tradeable CoinsTradeable Coins
55,454,734,800 (64% of total) ({tradeable_of_total} of total)

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Binance VET/BTC $0.0072 0.58% $3,153,513 1.5% 1.5%
Binance VET/USDT $0.0071 -0.39% $3,151,304 0.21% 0.54%
Binance VET/ETH $0.0071 -0.12% $595,075 0.21% 0.51%
Binance VET/BNB $0.0071 -0.54% $498,655 0.15% 0.87%
Bitfinex VET/BTC $0.0071 -0.94% $107,786 1.5% 1.5%
Gate.io VET/USDT $0.0071 -0.29% $100,494 0.36% 2.2%
Bitfinex VET/ETH $0.0071 -0.29% $70,731 0.21% 0.64%
Bitfinex VET/BUSD $0.0072 0% $3,675.70 5.3% 5.3%
Gate.io VET/ETH $0.0071 -0.76% $1,049.37 4.2% 16%
Lykke VET/BTC $0.0145 100% $0.0000
Lykke VET/ETH $0.0098 37% $0.0000

Latest VeChain NewsLatest VeChain News

This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.
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