vechain trading

What is the New VET/INR pair on Pi42?

Greetings, Pi42 traders! We’re delighted to announce the arrival of VeChain (VET) on our platform. You can now leverage Pi42 to effortlessly buy, sell, and trade VET with Indian Rupees (INR).

What is VeChain (VET)?

VeChain, launched in 2016, is a blockchain platform specifically designed to enhance supply chain management and data tracking across various industries. VET serves as the native token that facilitates secure and transparent data exchange on the VeChainThor blockchain.

Real-World Applications of VeChain:

  • Supply Chain Management: VeChain empowers businesses to track the movement of goods throughout the supply chain, ensuring product authenticity and preventing counterfeiting.
  • Food Safety & Traceability: Consumers gain increased transparency into the origin and quality of food products through VeChain’s tamper-proof tracking system.
  • Logistics & Transportation: VeChain streamlines logistics processes by providing real-time visibility into shipment location and status.

Trading VET/INR on Pi42:

Ready to explore the potential of VeChain? Here’s a quick guide:

  1. Login: Access your Pi42 account.
  1. Navigate: Head to the trading terminal.
  1. Select the Pair: Choose VET/INR from the dropdown menu.
  1. Define your Position: Enter the desired investment amount, select your preferred leverage (if applicable), and adjust the percentage according to minimum asset requirements.
  1. Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage risk.
  1. Execute your Trade: Click Buy/Long or Sell/Short based on your market analysis.
  1. Track your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.

Embrace the Future of Supply Chain Management with VET

The integration of VET/INR on Pi42 opens doors for you to participate in the evolving landscape of blockchain-powered supply chain solutions.

Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.