New Delhi: Every other day new terms related to cryptocurrency start trending on Google when people search about it. On Wednesday, VITE crypto has created a buzz since morning. As the demand to know about it is high, we have done the research for you to explain VITE.
Let us understand Vite:
What is Vite Coin?
Vite is a native token of the Vite platform. It is also a minable cryptocurrency. With the use of VITE tokens, users can execute simple token transactions. It is reported to help vote for Snapshot Block Producers. A VITE staker can use unused transaction quota for exchanging dApps’ tokens.
Vite Coin Price today
VITE is currently trading at $0.051832 with a loss 0f 10.6% in the last 24 hours. However, it gained 26.1% in the past 14 days. Vite’s market cap stands at $45.359,503. The all-time high value of vite in the last 12 months was at $0.345255 on April 10, 2021, while the lowest value was at $0.00560382 on March 13, 2020.
Where to buy Vite
According to the Coin market cap, VITE is available for purchase at major exchanges such as Binance, OEKx, and Bittrex. The mining of VITE is available through Snapshot Block Producer on the Vite network. One can also get rewards by mining.
How does it work?
Vite facilitates the zero-free transaction and optimizes transaction speed with a Snapshot Chain structure. Vite is also described as a Directed Acyclic Graph (DAG).
It provides compatibility with EVM and works on the asynchronous smart contract language Solidity++. Vite also has its own mobile application. Other products of Vite include a decentralized exchange (ViteX), wallet (Vite App), payment (VitePay).
