Price history
Market cap
0,55 Mrd €
Volume traded (24h)
0,006 Mrd €
Circulating supply
85.985.041.177 VET
All-time high (ATH)
0,26 €
Distance from ATH
-97,6%
Market cap rank
#78
What is VeChain
VeChain is one of the longest-standing blockchains dedicated to supply chain traceability, founded in 2015 and adopted by several major international companies to certify product authenticity — from food to luxury goods — via NFC tags or QR codes linked to the blockchain.
Unlike most retail-oriented cryptocurrencies, VeChain positions itself as a B2B (business-to-business) solution, with a dual-token model (VET for value, VTHO to pay for transactions) designed to offer predictable transaction costs for the businesses that adopt it.
Frequently asked questions
Is VeChain regulated in the UK?
As with most cryptocurrencies, VeChain is not covered by FCA regulation in the same way as regulated investments; the FCA has warned that crypto assets carry a high risk of losing all invested capital.
Why does VeChain have two different tokens (VET and VTHO)?
VET represents the network's value, while VTHO is generated automatically by holding VET and is used to pay transaction fees — a design meant to offer predictable costs for businesses using the network.
How is VeChain taxed in the UK?
Cryptoasset gains are generally subject to Capital Gains Tax in the UK, with an annual tax-free allowance. Always check current HMRC guidance.