Understanding VET
What is VeChain?
VeChain (VET) is a blockchain platform designed to enhance supply chain transparency and efficiency. Launched in 2015, it provides businesses with blockchain-based solutions to track goods, verify authenticity, and optimize logistics.
VeChain’s dual-token system includes VET (for value transfer) and VTHO (for transaction fees), ensuring smooth blockchain operations. The network has been adopted by major enterprises in industries such as retail, pharmaceuticals, and automotive supply chains.
With real-world applications and enterprise adoption, VeChain continues to bridge the gap between blockchain technology and traditional business processes.
In Australia
How to buy VeChain in Australia
- 1
Create your Wayex account
Sign up in minutes on iOS, Android or the web.
- 2
Verify your identity
Australian residents aged 18 and over verify once, in-app.
- 3
Deposit AUD with PayID or NPP
Fund your account instantly, with no deposit fee.
- 4
Buy VeChain (VET)
Buy VET at live AUD market prices, then hold it or spend it with the Wayex Card.
VeChain FAQs
- Can I buy VeChain in Australia?
- Yes. You can buy VeChain (VET) in Australian dollars with the Wayex app. Wayex is an Australian, AUSTRAC-registered platform that has operated since 2018.
- How do I pay for VeChain?
- Fund your Wayex account in AUD with PayID or NPP, both free, then buy VET instantly. There is no surcharge on AUD deposits.
- What fees does Wayex charge to buy VeChain?
- Wayex charges 1% on any crypto buy, sell or spend. AUD deposits and withdrawals via PayID or NPP are free, and there is no annual account fee.
- Can I spend VeChain with the Wayex Card?
- Yes. Once you hold VET in the Wayex app you can spend from your balance with the Wayex Crypto Visa Card anywhere Visa is accepted, online or in store.
Explore more
Other coins on Wayex.
Get started
Access a World of Crypto.You’re Closer Than You Think!
- 01
Download the app
Available on iOS and Android. Sign up in minutes with your email.
- 02
Get verified, instantly.
Fast KYC with your Australian ID. Most accounts verify in minutes.
Learn how - 03
Buy, Sell and Spend!
Trade AUD into 90+ crypto assets, and spend anywhere Visa is accepted.
