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What currency is ven ven VeChain trading platform vechain offi
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Date:2024-04-17 18:05:07 Channel:Trade Read:
VEN, as a high-profile member of the digital currency, the various charms displayed by the VeChain trading platform behind it and the vechain official website are attracting more and more attention. In this digital age, VEN represents more possibilities and opportunities. This article will delve into the nature of VEN, reveal the value of the VeChain trading platform, and take you to explore the mysteries of the digital currency world.In the current digital currency market, VEN is a digital asset that has attracted much attention. The VeChain trading platform represented behind it and the various charms displayed by the vechain official website have attracted the attention of many investors and technology enthusiasts. With the continuous development of blockchain technology, VEN's potential and prospects are highly anticipated, making it impossible not to have a deeper understanding of it.The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
What currency is VEN?First, let’s explore what exactly VEN is. VEN, the full name of VeChain Token, is the digital currency on the VeChain platform and one of the main tokens on the platform. As a digital asset based on blockchain technology, the issuance and circulation of VEN is based on the VeChain platform, and the secure transaction and management of digital assets is achieved through smart contracts and other technical means.The VeChain trading platform behind VENAs the infrastructure of VEN, the VeChain trading platform carries the issuance, circulation and transaction of VEN digital currency. The trading platform uses advanced blockchain technology to achieve decentralized management and secure transactions of digital assets. Compared with the traditional financial system, the decentralized features of the VeChain trading platform make transactions more transparent and efficient, while also reducing transaction costs and risks.Vechain official website: Window to the digital worldOn the vechain official website, users can learn the latest information and developments about VEN and the VeChain trading platform. This window into the digital world provides users with convenient channels for inquiry and understanding, allowing users to more conveniently participate in digital currency transactions and investments. Through the vechain official website, users can understand VEN's price trends, market performance and future development plans in real time, providing reference and support for investment decisions.VEN’s future prospectsAs blockchain technology continues to mature and application scenarios continue to expand, the future prospects of VEN as a digital currency are highly anticipated. The continuous improvement and development of the VeChain trading platform will lay a solid foundation for the development of VEN and inject more vitality and innovation into the digital currency market. In the future, VEN is expected to play an increasingly important role in the field of digital currency and become an important part of the digital economy era.Conclusionvechain VeChain trading platform, ven VeChain coin official website price: What is the digital currency ven? Ven coin is the abbreviation of the Ethereum vechain token of the VeChain project (also called vechain coin or VeChain coin). VeChain’s upcoming token is named VEN and is defined as the “blood” of its distributed VeChain ecosystem. In June 2015, VeChain started its first-generation product design. One year later, VeChain
V1.0 and the first commercial application case are launched. So far, VeChain has been rapidly iteratively evolving in the past two years. It has already started the development of V3.0, and its cooperation cases have expanded to multiple industries such as luxury goods, automobiles, agriculture, and auditing.
**Ven VeChain Coin Basic Information**
Chinese name: VeChain
English name: VeChain
English abbreviation: VEN
Developer: Fu Yu
Core Algorithm: Ethereum Token
Total currency amount: 1,000,000,000
Existing circulation: 410,000,000
Release date: 2017-08-22
**Ven VeChain Trading Platform:**
KuCoin launched VeChain (VEN coin) on October 25, 2017.
The open trading pairs are VEN/BTC and VEN/ETH. VEN deposits will be opened at 12:00 noon on October 19th, Beijing time, and trading will be officially opened at 12:00 noon on October 25th, Beijing time.
(After registration is completed, enter the trading center to view)
**Vechain project introduction**
The VeChain platform is a global ledger-based information interaction and collaboration cloud platform based on blockchain technology. Through the connection between API and application layer, people, things or things in the real world can be digitized to realize the interconnection of information. Through smart contracts based on practical industry applications, collaboration and value transfer in different scenarios are achieved, thereby mapping the real business world to the blockchain. Through cross-platform, cross-enterprise, cross-industry, and cross-border interconnected collaboration, we create new business models and provide "trust services" to collaboration participants.
The source code base of VeChain comes from Ethereum. In order to facilitate commercial applications, a large number of improvements have been made in dynamic protocols, smart contracts, etc., and it is committed to applying blockchain technology to construct a reliable system that can both self-circulate and expand outward. Trust in the distributed business ecological environment: information is relatively transparent and symmetrical; trust friction between different participants is minimized; different participants can each demonstrate their strengths and contribute their own value to the business ecological environment, thereby obtaining relatively fair remuneration; realizing high-speed value transfer, And continue to expand the VeChain business closed loop.
**FUNCTIONS OF VEN TOKEN**
The token used in VeChain is VEN VeChain Coin. VEN is the ecological blood of the VeChain platform. Participants can obtain corresponding products and services by paying VEN:
1. End users and ecological enterprises as investors pay ETH at the beginning to obtain VeChain Token (VEN), ETH
Leave it to the VeChain Foundation to develop the platform’s technology, promote commercial application cooperation, and support blockchain services.
2. The VeChain Foundation charges VEN from the developers and service providers of each smart contract, and pays the GAS required to run the smart contract to ensure the operation of each business smart contract; the VEN income collected
75% to 99% will be paid to node providers as node rewards, while the remaining part will be used for the subsequent daily operations, business promotion and technology development of the VeChain Foundation.
3. Smart contract service providers pay VEN to obtain GAS and provide services to the enterprises they serve.
The smart contract service of BaaS (Blockchain as a Service) charges VEN to its client company, the application development provider, to provide smart contract services based on their respective business rules and added value contributions.
4. The application development provider further develops and processes the smart contract services based on the needs of the end customer enterprise, and provides application products for its traditional enterprise customers or end users, charging VEN
as business income.
5. End users can pay VEN coins to obtain enterprise products and services.
**Distribution of VEN Tokens**
VEN will start its ICO at 20:00 on August 18, 2017, and will end on August 31, 2017. It is expected that 410 million VeChain will be sold publicly.
Token(VEN). ICO is conducted by raising ETH. The minimum transaction volume is 0.01 ETH and will be distributed into VEN at a ratio of 1:1 on September 20, 2017. Participating in the ICO before 20:00 on August 21, 2017 can obtain an additional 15% VEN reward, that is, 1ETH=4025VEN; participating in the ICO after this time until the end of the crowdfunding, the exchange ratio is 1ETH=3500VEN.
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