VET to ETH conversion chart
VeChainThor to Ethereum correlation
According to the correlation analysis VET and ETH have a strong relationship with each other and correlated. Whenever there is a change in the price of VET then ETH also tends to follow the same pattern and move together.
Live VeChainThor Price Change and Market Cap
Currently, the VET price is 0.000008 ETH and the 24-hour change is -3.37%. The market cap of VeChainThor today is $7 with a total of 6.704 VET in circulation. In the past 24 hours, the VET price peaked at 0.00000809 ETH and the lowest price was 0.00000773 ETH.
VeChainThor Price Prediction
VeChainThor was initially launched as an Ethereum token but migrated to a proprietary chain in 2019. However, even this event did not take it off the ground, and until 2021 VET was trading for fractions of a penny. Nonetheless, in April of 2021, in sync with the crypto market VET scored a price record of $0.252. Since then, it was cooling down and at the time of writing is evaluated near $0.2.
Moderate forecasts for VET still see room for growth for the token, even in the bear market. In a year, it can add up to 180% and reach $0.037. 2025 targets aim for the psychological level of $0.1, and by 2030 it can grow but only up to $0.6~0.7.
VET to ETH exchange margin
The closing conversion rate for VET to ETH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 VET to ETH would result in an output of 0.000008 ETH.
How to convert VeChainThor to Ethereum
VeChainThor and Ethereum comparison
The main use case for VeChain is supply chain management, and the project intends to solve the problems of transparency and reliability of tracking. VeChain is best known for a large number of high-profile partnerships with enterprises like Walmart and Bauer, spanning healthcare, retail and luxury goods, agriculture, and more. The project was started in 2015 by Sunny Lu and Jay Zhang, who had worked for Louis Vuitton China and Deloitte respectively. Both of them were well familiar with the pains of supply chain management, particularly, the lack of transparency. VeChain received $1.5 billion in backing from prominent investors like BMW and Groupe Renault.
Ethereum was launched in 2014 by Vitalik Buterin. It is an open-source blockchain network with a major emphasis on smart contracts. For starters, smart contracts are pieces of code that automatically processes the transactions once the preset conditions are met. Ethereum is often praised as the Second Generation of blockchain. Ether is the native cryptocurrency of the Ethereum Blockchain.
What is VeChainThor?
The main use case for VeChain is supply chain management, and the project intends to solve the problems of transparency and reliability of tracking. VeChain is best known for a large number of high-profile partnerships with enterprises like Walmart and Bauer, spanning across healthcare, retail and luxury goods, agriculture and more.
The project was started in 2015 by Sunny Lu and Jay Zhang, who had worked for Louis Vuitton China and Deloitte respectively. Both of them were well familiar with the pains of supply chain management, particularly, lack of transparency.
VeChain received $1.5 billion in backing from prominent investors like BMW and Groupe Renault. They also conducted an ICO in 2017, selling 86,716,263,400 VEN Ethereum tokens at about $0.0007 a piece.
VeChainThor to Ethereum price details
VET to ETH Conversion Rate and Price
Currently, the conversion rate for 1 VET equals to 0.000008 ETH. The 24-hour highest price of VeChainThor in relation to ETH was 0.00000809 ETH and the lowest was 0.00000773 ETH. In short, VET price in relation to ETH changed by -3.37%.
Instantly Exchange VET to ETH
On ChangeHero you can instantly exchange VeChainThor to Ethereum without registrations. You can easily convert VET to ETH in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your VET to ETH exchange.
VET to ETH Best Rate Exchange
In the Best Rate exchange of VeChainThor to Ethereum, we search through various exchanges for the VET to ETH pair and find the best rate available in the market. We provide you with an estimation of the amount of ETH you will receive.
As soon as you accept the terms and the VET is deposited, the exchange will be automatically processed. We remind you that the final amount of ETH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of VET to ETH.
VET to ETH Fixed Rate Conversion
In the Fixed Rate exchange of VeChainThor to Ethereum, ChangeHero finds a good rate for the pair VET to ETH and fix the rate for up to 15 minutes. In the Best Rate exchange of VET to ETH, you will receive the exact amount of ETH which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ETH address. ChangeHero is the best place to exchange VET to ETH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert VET to ETH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange VET to ETH?
No, you do not require an account to swap VET to ETH on ChangeHero. There will be no registrations for your VeChainThor to Ethereum transaction.
Do I need to go through KYC procedures for VET to ETH exchange?
There will be no KYC for the VET to ETH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange ETH to VET?
Yes, you can instantly exchange ETH to VET on ChangeHero.
Buy and sell Ethereum
Looking to buy Ethereum? On ChangeHero you can buy Ether with credit or debit card. Also, you can sell your cryptocurrency on ChangeHero for US Dollars and Euro. Give it a try.
