VeChain (VET) has been expanding in the cryptocurrency market during the last few years as a digital currency that aims at revolutionizing the supply chain industry.
Considering there are several investors that want to diversify their portfolios and add cryptocurrencies with growth potential, there is also a larger need for VeChain dedicated wallets.
In this article, we will be making a brief explanation about which are the best ways to hold and store VET tokens and which are the most innovative solutions provided by participants in the space.
What Is A Cryptocurrency Wallet?
First of all, to start holding cryptocurrencies, including VET, you will need a cryptocurrency wallet.
A cryptocurrency wallet would allow you to hold, send and receive VET tokens. Considering that cryptocurrency exchanges are not safe platforms to hold funds, the best thing to do is to move the money to a cryptocurrency wallet.
There are several solutions in the market, including hardware and online wallets. In the next section, we will share with you which are some of the most popular and secure VET wallets.
Thus, a cryptocurrency wallet provides safety and it gives us control over our digital assets.
Vechain Mobile Wallet
Not every single wallet will support VET tokens, this is why it is always important to search for Vechain wallets to store our VET tokens.
One of the most popular cryptocurrency wallets to store VET tokens is the VeChainThor Mobile Wallet.
This wallet is specifically designed for mobile devices and it offers several features to handle VET. For example, it provides access to the whole VET network in which users can easily transfer nodes or participate in auctions as well.
Furthermore, if a person wants to be involved in the network, they can easily test and use decentralized applications built by the VET community. Mobile wallets are usually the easiest to use and fastest to set up. However, these are not necessarily the safest ones to use.
Vechain Hardware Wallet
Users that want massive security because they will handle large amounts of VET tokens will find mobile wallets not necessarily the best option. In this case, the best thing to do is to purchase a hardware wallet such as Ledger Nano S or Ledger Nano X.
Despite having to pay for them, these hardware wallets provide unbreakable safety and they are also very useful to handle large amounts of cryptocurrencies.
With their wallet interface, users can easily manage their VET tokens with the VeChain Sync desktop wallet that is developed and supported by the VeChain community.
Vechain Desktop Wallet
The Sync wallet works as a desktop web browser that has a built-in wallet functionality. By using Sync, users will have a very immersive experience in the VeChain ecosystem.
This is one of the most useful Vechain wallets for individuals that want to be part of the whole VeChain ecosystem and network.
It would not only allow you to access your funds and different websites but it will also help you to better handle different and complex decentralized applications (dApps) that other devices would not be able to support.
Vechain Wallet Browser Extension
Finally, another recognized Vechain wallet includes the Comet plugin for web browsers including Google Chrome and Brave.
This wallet would help users deal with their VET tokens using their favourite web browser. This provides flexibility and also a smooth integration with different decentralized applications.
Individuals that handled the famous MetaMask to deal with Ethereum (ETH) and ERC-20 tokens would feel Comet works in a similar way.
This Vechain wallet will always be available for you to use on your web browser and would help you to always have access to your VET funds and use them on different decentralized applications.
There are several Vechain wallets in the market that would assist users to handle their VET. Nonetheless, each of these wallets has different functionalities that would fit to the specific needs of each individual.
Basically, if you want to have easy access to your VET funds, the best would be to have a mobile or desktop wallet. If you want to be connected with decentralized applications, you can use the web browser extension. Finally, for massive security, the best would be to use a hardware wallet such as the ones provided by Ledger.
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