The Voyager Token (VGX) is a cryptocurrency designed to reward users of the Voyager platform, a decentralized blockchain-based broker that allows users to buy, sell, and invest in over 60 cryptocurrencies. VGX is an ERC-20 token on the Ethereum blockchain, with a limited supply of approximately 279 million tokens. It incentivizes users through a loyalty program, offering staking rewards and higher earnings based on the user's rank within the program. The token's value is influenced by market sentiment, the popularity of the Voyager app, and the broader cryptocurrency market.
The Voyager Token (VGX) is used for various purposes within the Voyager ecosystem. It is primarily designed to reward and incentivize users for their loyalty and participation on the platform. Here are some key ways VGX is utilized:
Earning Interest and Rewards: VGX holders can earn interest on their holdings in over 30 supported cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). Additionally, users can earn cashback rewards and discounts on features within the app through the Voyager Loyalty Program.
Trading and Investing: Voyager allows users to seamlessly trade over 60 cryptocurrencies and tokens across 12 major exchanges from a single, user-friendly app. This includes automatic trade execution, liquidity, custody, and accessibility to various exchanges.
Staking and Compound Interest: Users can stake their VGX to earn rewards and compound interest on their holdings. This incentivizes users to hold and participate in the Voyager ecosystem.
- Utility Token: VGX serves as the primary payment method and utility token for the Voyager app, facilitating various transactions and interactions within the platform.
Overall, the Voyager Token is designed to enhance the user experience, provide rewards, and promote engagement within the Voyager ecosystem.
To store Voyager Token (VGX) tokens, you can use any Ethereum-compatible wallet that supports ERC-20 tokens. Some popular options include:
- MetaMask
- My Ether Wallet
- Ledger Nano S/X
- Trust Wallet
- Exodus
- Coinbase Wallet
- Atomic Wallet
- Trezor
- Eidoo
- Coinomi
- imToken
- Jaxx
- Trust Vault
- Coin98
- Freewallet
- Infinito Wallet
Additionally, you can also use specialized wallets like Guarda, which offers a secure and user-friendly platform for managing cryptocurrencies, or Zengo, a keyless, non-custodial wallet that uses three-factor authentication and facial recognition for added security.
To buy Voyager Token (VGX) tokens, follow these steps:
Choose a Reliable Exchange: Select a trustworthy and reputable cryptocurrency exchange that supports Voyager Token (VGX) purchases. Some popular exchanges include Coinbase, Binance, and KuCoin. Research the exchange's reputation, read user reviews, and compare fees to find the best option for you.
Create an Account: Open an account on the chosen exchange by providing necessary information, including your email address, a secure password, and completing any required identity verification steps. This will serve as your portal for purchasing and managing your cryptocurrencies.
Fund Your Account: Add funds to your exchange account using a suitable payment method. Common options include:
- Credit/Debit Card: A straightforward method ideal for newcomers, supporting both Visa and Mastercard transactions.
- Bank Deposit: Transfer fiat currency from your bank account to the exchange using SWIFT, and then use the deposited funds to buy Voyager Token (VGX).
- Third-Party Payment: Various third-party payment channels are available, depending on the exchange and your region.
- Peer-to-Peer Trading: Some exchanges offer direct purchases from other users.
Buy Voyager Token (VGX): Navigate to the "Buy & Sell" section, select Voyager Token (VGX) as the cryptocurrency you want to buy, and choose your preferred order type:
- Market Order: Purchase Voyager Token (VGX) at the current market rate.
- Stop Order: Buy or sell Voyager Token (VGX) at a specified price.
- Limit Order: Set a specific price or better for the purchase or sale.
- TWAP Order: Break down large orders into smaller segments across a chosen timeframe.
Store or Use Your Voyager Token (VGX): Once purchased, you can store your Voyager Token (VGX) in your personal cryptocurrency wallet or hold it in your exchange account. You can also trade it for other cryptocurrencies or stake it for passive income.
Remember to carefully consider your investment experience, financial situation, investment objectives, and risk tolerance before making any investment decisions. Cryptocurrency prices are subject to high market risk and price volatility.