Veritise (VTS) is a cryptocurrency token powering a next-generation identity verification platform. It leverages the NEM Symbol architecture to provide secure, rapid, and fully auditable payment and transaction processing. The platform offers services for product, identity, and digital content authenticity, as well as task management software with event tracking and tracing. Veritise aims to mitigate fraud and identity theft by providing a digital trust solution, ensuring the highest level of security for individuals and organizations.
Veritise (VTS) is a cryptocurrency used on the Veritise blockchain, a next-generation identity verification platform. The platform offers various services for product, identity, and digital content authenticity, as well as task management software with event tracking and tracing.
Key Features and Use CasesIdentity Verification: Veritise mitigates the threat of identity theft by providing a digital trust solution that securely verifies human identities. This helps prevent the annual loss of over $5 trillion due to fraud.
Product Protection: The platform helps brands protect their products from counterfeiting and intellectual property theft, ensuring the authenticity of goods and maintaining brand reputation.
Low-Cost Transactions: Veritise has a dynamic fee mechanism, ensuring that transactions remain less than $0.01, regardless of the value of the VTS token.
Eco-Friendly: The blockchain uses a Delegated Stake with Proof of Importance algorithm, which keeps energy usage to a minimum, ensuring a low-carbon footprint.
Fast Transactions: The network can handle over 400 transactions per second with an average confirmation time of approximately 7 seconds, making it scalable and efficient.
Veritise tokens (VTS) are available for trading on several top-tier exchanges, including Gate.io, LBANK.com, P2B, MEXC.com, BitMart, and Coinsbit.io.
To store Veritise (VTS) tokens, you will need a crypto wallet. Here are the steps to follow:
Create or Import a Wallet:
- Create a new crypto wallet address or import an existing one. This wallet will be used to store, send, and receive VTS tokens and other cryptocurrencies.
Choose a Wallet Type:
- You can use a variety of wallet types, such as software wallets, hardware wallets, or even exchange wallets. Each type has its own security features and convenience levels.
Set Up the Wallet:
- Ensure you have enough blockchain native tokens to cover any transaction fees. This is necessary for sending and receiving VTS tokens.
Transfer VTS Tokens:
- Once you have set up your wallet, you can transfer your VTS tokens to it. This can be done by sending the tokens from an exchange or another wallet to your newly created wallet address.
Secure Your Wallet:
- Make sure to keep your wallet secure by using strong passwords, enabling two-factor authentication, and storing your recovery phrases safely. This will protect your VTS tokens from unauthorized access.
By following these steps, you can safely store your Veritise (VTS) tokens in a crypto wallet.
To buy Veritise (VTS) tokens, follow these steps:
Choose a Reputable Exchange:
- Select a reliable and trustworthy cryptocurrency exchange that supports Veritise (VTS) purchases. Consider factors such as ease of use, fee structure, and supported payment methods.
Create an Account:
- Register on the exchange's website or mobile app, providing personal information and identity verification documents. Enable 2FA for added security.
Fund Your Account:
- Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
Navigate to the Veritise Market:
- Search for "Veritise" (VTS) in the exchange’s marketplace.
Choose a Transaction Amount:
- Enter the desired amount of Veritise you wish to purchase.
Confirm Purchase:
- Preview the transaction details and confirm your purchase by clicking the "Buy VTS" or equivalent button.
Complete Transaction:
- Your Veritise purchase will be processed and deposited into your exchange wallet within minutes.
Transfer to a Hardware Wallet:
- For security reasons, transfer your Veritise tokens to a hardware wallet like Ledger or Trezor.
Additionally, you can also buy Veritise (VTS) directly through a crypto wallet if it supports fiat-to-crypto purchases. Alternatively, you can first buy a popular cryptocurrency like USDT and then exchange it for Veritise (VTS) through your crypto wallet or on a decentralized exchange.