How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase VRA on BYDFi. We'll guide you through it
Choose how to purchase VRA on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (VRA). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store VRA in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your VRA to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and Reliable
Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed 1:1 by physical assets. BYDFi was recognized as one of the best cryptocurrency exchanges of 2021 by Forbes and named the Best Cryptocurrency App of 2022 by Ascent.
High Liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy VRA on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive VRA
Trade
Answers
Is Verasity (VRA) a Good Investment?
Verasity is a crypto project with the potential for making profits from real-world applications. It targets various lucrative avenues such as NFTs, gaming, and AdTech, making it especially appealing. The rising adoption of its ecosystem and partnerships, especially for VeraEsports, could increase the value of Verasity as an investment opportunity. Additionally, an improvement in the overall market sentiment could contribute to an uptrend in the Verasity price. Overall, Verasity presents an appealing crypto asset to invest in.
History of Verasity and VRA
Verasity was founded by RJ Mark, a renowned entrepreneur and technologist, in Q3 2017. The white paper was published in Q1 2018, and the public sale of VRA occurred in the same year's second quarter. The team focused on technical features such as the Verasity blockchain, smart contracts for VRA, and POC for VRA earning apps in Q2 2018. In 2019, Verasity launched SDK integrations with leading video streaming platforms and advertising monetization services. The publisher mobile app rewarded users with VRA for interacting with ads. In 2020, Verasity focused on VeraEsports and blockchain gaming experiences. Staking on VeraWallet and the development of the NFT marketplace followed in subsequent years.
Can the VRA Price Touch $1?
The Verasity price is currently trading below its all-time high of over $0.08 in November 2021. Touching the critical $1 level would be a considerable challenge due to VRA's high circulating supply of over 10 billion. However, as the Verasity team burns more VRA tokens and brings down its circulating supply, the $1 level could become a more realistic and achievable target. Factors such as increased adoption, faster token burning, and bullish market sentiment towards cryptocurrencies could contribute to the VRA price potentially touching the $1 mark in the future.
How to Stake Verasity (VRA) Token
To stake VRA tokens on VeraWallet and earn passive income, follow these steps:
- Create an account on VeraWallet with your email.
- Add funds to your VeraWallet by buying $VRA on platforms like BYDFi.
- Withdraw the funds from your trading account to your VeraWallet.
- Head to the Stake VRA section in your VeraWallet.
- Enter the number of VRA tokens you wish to stake and review the APYs and staking rewards.
- Click on Stake to confirm your order and start earning staking rewards.
