How to buy Vite (VITE) in Australia

A beginner's guide to buying and selling VITE in Australia.

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How to buy Vite

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Vite.

  1. Open an account on an exchange that supports VITE.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Vite.
  3. Buy Vite.
    Complete your Vite purchase and then find the best wallet to store VITE.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Vite?

Vite is a blockchain that takes a novel approach to smart contract deployment. The blockchain focuses on zero-fee transactions, while maximising transaction speed, reliability and security. According to the Vite website, the platform implements an innovative Snapshot Chain alongside a Hierarchial-delegated-Proof-of-Stake (HDPoS). The platform also works in conjunction with a Vite Virtual Machine that is compatible with Ethereum’s Virtual Machine. There are currently 3 key applications built on the Vite blockchain. The first is a decentralised exchange called ViteX, which supports more than 20 digital assets. The second is VitePay, which offers a fast payment solution for merchants that does not incur settlement fees. Singapore’s Ce La Vi Sky Bar and taxi services under the Midwest Global network currently utilise the VitePay service. Users can also pay for goods and services with Vite wallet. The final application on Vite is VitePlus. This is an enterprise blockchain solution for large-scale operations, such as governments and companies. VITE is the native coin of the Vite network. The primary use case of the coin is the collection of transaction fees and smart contract executions. Users can also stake VITE tokens for "quota". Quota can then be used to pay transaction fees, in comparison to the more common gas fee collection.

Vite (VITE) is the 512nd largest cryptocurrency in the world by market cap, valued at $67,269,113. The current price of Vite is $0.088152, which is -5.733% lower than yesterday. Prices have ranged between $0.094199 and $0.087083 over the past 24 hours. All prices are listed in US dollars and accurate as of September 20, 2021 11:09 UTC.

Where to buy Vite

Find an exchange to buy, sell and trade VITE by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

307
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

271
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

269
cryptocurrencies

Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

279
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

645
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Vite at a glance

Information last updated September 20, 2021 11:09 UTC.
Coin symbolVITE
Total VITE supply66,599,290
Circulating VITE764,164,722
Current priceUS$0.088152
All time highUS$0.345255
All time high dateApril 10, 2021

Vite price performance over time

Historical prices compared with the price of US$0.088152.

1 hour -1.00%
24 hours -5.73%
7 days 6.11%
14 days -13.70%
30 days -8.19%
60 days 72.56%
200 days 162.88%
1 year 403.07%

How to sell Vite

You can cash out your VITE with the same exchange you bought it through:

  1. Sign in to the exchange you have VITE on.
    If you store your Vite in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of VITE you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Vite.

What to consider when buying Vite

Before buying altcoins such as VITE it’s important to understand the associated tokenomics and the potential for capital growth. Here are some key factors to consider:
  • Supply and tokenomics. VITE coins were issued in June 2018 with an initial token supply of 1 billion. Over 40% of the tokens were distributed via private sale in May 2018. The remaining supply is distributed between marketing (10%), ecosystem development (23.57%), the development team (20%), airdrops (5%) and advisers (1%).
  • Utility. Unlike similar public blockchains, such as Ethereum, Vite implements a quota-based transaction model for fees. VITE can be staked to earn "quota". It is the quota that is then used for transactions. In other words, Vite has a zero-cost transaction model to replace “gas” that is widely used in blockchains such as Ethereum.
  • Voting rights. Token holders can use VITE to vote for Snapshot Block Producers (SBP) that maintain and secure the network. Voting rewards can be earned.
  • VITE vs VX. VITE is the utility token used for all transactions and smart contract executions that take place on the Vite network. In contrast, VX or ViteX Coin is the native coin of the ViteX decentralised exchange. Users can “hodl” VX coins to receive daily dividends in BTC, ETH and USDT. VX tokens can also be earned by staking VITE.

Disclaimer: Cryptocurrencies, including Vite, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of VITE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Vite or any other cryptocurrency discussed.

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