Buying VeChain can be difficult for people unable to trade on Binance. In fact, the regulations that prevent people from using BINANCE often apply to other exchanges like Kraken, KuCoin, and OKEx as well. This makes buying up-and-coming altcoins difficult for people living in exchange-restricted areas. By the time an alt-coin reaches a widely accessible exchange like Coinbase, it may have already made its most impressive gains.
People with limited exchange access can acquire VeChain (VET) through GODEX. You will have to trade existing crypto for VET since the service is highly anonymous and does not support fiat-funded accounts. The process of exchanging crypto for VET is both fast and simple, requiring three basic steps:
- Got to GODEX.io
- Enter “VET” in the “You Get” field
- Enter the amount of cryptocurrency you want to spend in the “You Send” field, then hit the EXCHANGE button
That’s it. Three little steps can set you on the path to VeChain riches despite the best efforts of regulators to make the process difficult.
What Happens Next?
After submitting your order you will be asked for the destination address receiving the VET, and given an address to send your cryptocurrency. Once you provide the receiving address and send your crypto to the provided address the exchange begins processing.
In a few minutes the exchange will complete and you will receive the VET in your crypto wallet. However, it is important to copy the transaction ID of the trade in case there is a problem. Privacy and anonymity are key pillars of the GODEX model, so the transaction ID is the only way for customer support to reference your trade.
GODEX is a new exchange, and sending crypto through a little-known service understandably makes people nervous. However, GODEX’s excellent customer communication and high trust pilot rating should ease some concerns raised by its recent appearance.
Obligatory Disclaimer: I am not a financial advisor. Nothing in this article constitutes professional and/or financial advice. This document is for informational purposes only.
