Last update: Jun 6, 2022

How to Buy VITE (VITE)

So you’re looking for a guide on how to buy VITE. Depending on where you’re located, you’ll have different cryptocurrency exchanges to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

How to Buy VITE – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have VITE of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy VITE

Now that you have what you need to buy VITE, head over to the market or buy section of the crypto exchange and buy some VITE.

If the crypto exchange doesn’t have any VITE on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has VITE first), and trade your Ethereum for VITE.

Where to Buy VITE (VITE)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell VITE

1. Sign into the exchange where you bought VITE.
2. Move your VITE to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
3. Sell VITE.

 

How to Buy VITE (VITE) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy VITE in Australia, the process remains the same:

1. Find a crypto exchange below.
2. Sign up for an account.
3. Fund your account with AUD.
4. Buy VITE if it’s available. If the exchange doesn’t have VITE. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has VITE), and trade your ETH for VITE.

Also, check out our comparison of the best bitcoin brokers in Australia if you’re looking to learn more about the exchanges we like.

How to Buy VITE (VITE) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy VITE in Canada, the process remains the same:

1. Find a cryptocurrency exchange below.
2. Sign up for an account.
3. Fund your account with CAD.
4. Buy VITE if it’s available. If the exchange doesn’t have VITE. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has VITE), and trade your ETH for VITE.

You can also check out our comparison of the better exchanges for trading crypto in Canada for those interested in learning more about which ones we prefer.

How to Buy VITE (VITE) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy VITE in the UK, the process remains the same:

1. Find a cryptocurrency trading platform below.
2. Sign up for an account.
3. Fund your account with GBP.
4. Buy VITE if it’s available. If the exchange doesn’t have VITE. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has VITE), and trade your ETH for VITE.

If you’d like to know more about which exchanges we like, check our list of the UK crypto exchange reviews.

Considering buying VITE? VITE Rundown

Vite has created a Directed acyclic graph (DAG-based smart-contract platform) with a Snapshot chain structure to facilitate zero fee transactions and maximize transaction speed, reliability and security. To achieve network consensus, the Snapshot Chain of Vite uses Hierarchical Dellegated Proof of Sole ("HDPoS") while supernodes receive only staking rewards. There are no transaction fees. Vite virtual machine is compatible with EVM and uses Solidity++, an asynchronous smart contract language.

VITE token is used to fund simple token transactions on the Vite network. Smart-contract executions can also be made using VITE tokens. Users can use VITE tokens to purchase transaction quota, instead of gas. VITE tokens can be used to vote in Snapshot Block Producers (aka supernodes). A VITE staker who has an unutilized transaction quota may lease it to dApps to receive their tokens. Users can, for example, stake VITE in order to receive ViteX's native, decentralized exchange token VX.

Vite's current products include a decentralized exchange (ViteX), a multi-purpose wallet application (Vite App), payments (VitePay), and government/enterprise blockchain applications (VitePlus):

• ViteX is a decentralized cryptocurrency exchange that supports 20+ digital assets and has an on-chain matchbook and matching engine.
• Vite App is a mobile app that allows trading (ViteX), asset and management (wallet) all in one location.
• VitePay, a fast, feeless payment system, is currently available in Singapore's Ce La Vi Sky Bar, and taxi services under Midwest Global network. Users can pay merchants using Vite wallet. In return, they receive payment with no fees and near-instant settlement. VitePay can also be used with OpenCart, an e-commerce platform.
• VitePlus, a Vite-based enterprise Blockchain solution for enterprises and governments, is VitePlus. Vite developed SyraCoin for the Syracuse government. It allows city housing fund d to be accessed.

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