The recent developments signify notable growth in the adoption of the Vechain (VET). In June, leading cryptocurrency exchange platform Coinbase announced it would list VeChain (VET) and VeThor (VTHO) on its platform while Binance updated its trading offerings by adding VET to a list of 10 cryptocurrencies which can be traded directly against USD and USDT.
VeChain also rolled out a new mobile wallet UI, with features such as a Fiat on/off ramp, native currency display, NFT collection browser integration, in-built web browser, DEX integration, configurable fee delegation, upgraded node rewards dApp and cross-chain bridges. The application is scheduled to launch in the third quarter of the year, and promises to open up new possibilities on vechainThor.
The introduction of VET on Coinbase and Binance and the new mobile wallet UI are expected to increase the cryptocurrency’s accessibility and appeal to a wider audience. It will also make it easier for investors and traders to purchase VET using USD, as they won’t have to convert their USD to digital currencies first.
