What is VeraOne crypto (VRO) and where to buy VRO crypto?
VeraOne – VRO Crypto
VeraOne, which was launched in December 2019 by a team located in France, intends to overcome the lack of confidence and proof of funds in the global stablecoin industry with VRO tokens.
VeraOne is a token named VRO, and its underlying component is entirely made up of genuine gold stored in a secure location.
VeraOne is distinguished from other crypto-assets by its 100%-backed counterpart (1: 1), as validated by a regular audit, and by its promoters’ more than ten years of experience in the precious metals business.
VRO crypto aided in the exchange of digital currency for tokenized gold. The VeraOne token is the most established service for acquiring gold using respectable cryptocurrencies. They offer a strong, dependable alternative to existing solutions that rely primarily on traditional currencies (such as the dollar) or tangible assets.
VeraOne’s aim is to support the creation of an exchange currency that can serve everyone, everywhere on the planet, who wishes to be able to convey value to other people instantaneously and for free, particularly in underbanked areas, thanks to the ecosystem in which it has been a part.
- A safe asset in high financial demand
- The best way to fashion your financial escape
- An ERC20 token, on the Ethereum blockchain
- Transfer VeraOne around the world, without intermediaries
- VRO Crypto – A gold-backed stablecoin
Brief history of gold and its connection to VRO cryptocurrency
Gold has been the most commonly used reference in trade since the birth of civilization. This valuable metal has been a part of human life for as long as anybody can remember. Its malleability permitted the first forms of society to issue gold coins from its original use as an adornment. Along with its simplicity of usage by early civilizations, the metal’s chemical composition avoided rusting and allowed for commercial long-distance transit.
This revolution in the initial use of a mineral’s physical qualities for mercantile purposes provided the two criteria for coinage:
- The user’s faith in the system emitting it
- The user’s faith in it as a payment method
Many people have used it as a safe-conduct during times of crises throughout history. Gold is a shelter for those seeking to protect themselves against inflation, to keep value across borders, and to demonstrate the stability of their capital. Even if there is no crisis, no border to cross, and no market turmoil, gold can be a method to save for the future.
Gold is the Value Reserve
Even today, it is nearly hard to track the true value of your money in your bank account. With fiat currency inflation on the rise, it is becoming increasingly difficult to determine the worth of your capital, whether you have USD, EUR, or IDR. Even the United States of America’s attempts to back their currency with gold in the twentieth century failed for a simple reason. Gold is a global commodity that cannot reflect the economics of a single country. That is why the spot price of gold is the same worldwide.
“Gold would have worth if for no other reason than that it allows a citizen to fashion his financial escape from the state,” remarked William F. Rickenbacker.
The continuing monetary policies since the dollar’s separation from gold in the previous century have permitted banks to merely hold a portion of the amount their clients store. We have considerably stricter requirements and are mandated by financial institutions to hold the exact amount of the deposited capital in our vaults, and some tend to have more to prepare for significant market movements.
Furthermore, gold has been a hereditary reserve of value. The same amount of gold that could buy a brand new Ford T in 1901 can now buy a Tesla Model 3 today. The same way, a cow is worth the same amount in gold as a century ago. Not only gold always kept its value, it fulfilled its purpose for centuries.
Why VRO crypto – gold-backed cryptocurrency ?
Previously, owning gold meant taking the risk of keeping it at home and the chance of losing it in a variety of ways. Your only option was to put it in a bank, which meant steep fees and time-consuming processes to log and track your assets. Finally, because gold is heavy, it cannot be easily moved from one location to another.
The best option is to own digital gold! VeraOne designed it so that you can benefit from it from anywhere in the globe, with the highest liquidity and the ability to purchase merely a fraction of a gold ingot! The blockchain’s power is that it can maintain track of your gold allotment at any time of day, from anywhere, for free.
The future of gold and VRO token
The future is never guaranteed in the crypto-assets market due to its volatility. We are all awestruck by the brilliance of the technology that powers it, but we are skeptical about the actuality of coins and other marketable cryptocurrencies. That is why VeraOne wishes to expand the rationale for gold’s existence. Not only do they want to make it available to anybody and in any way feasible, but they also want to bring a true stablecoin to the cryptocurrency industry. One that is backed by an asset that makes a statement: your funds should not be depreciated, and they will ensure that they are not.
VeraOne wants to make it available for the crypto environment with as much liquidity as possible by launching the VRO crypto, a gold-backed cryptocurrency. They do it for ordinary individuals like us! To be able to seek cover quickly as the rain begins to pour, and to return to the wild as soon as the sun shines again! Investing in cryptocurrencies is now possible with a token backed by gold bullions.
VeraOne stands for a more liquid and safe market. VRO hopes to increase trust in digital assets by making the bitcoin market a more socially responsible environment. Making currency stable means stabilizing the market.
How to use VRO account to buy, sell or trade VRO crypto?
1. Creating Your VRO Account
On the VeraOne landing page, click the “sign up” button to establish an account and have your email validated with a validation number. Then you may go to your dashboard and finish filling out your KYC details.
Fill out the personal information form and upload your KYC documents to complete your profile. Wait for admin validation after submitting to gain complete access to the app. Fill in all of the blanks carefully, or your account will not be authenticated!
2. VRO Dashboard
The dashboard is where you can manage your account settings, purchase and sell VRO, and manage your wallet. Feel free to explore each section to get acquainted with it!
3. Buy And Sell VRO Crypto
BUY VRO Crypto
- Enter the desired amount.
- Click “Ready to buy ETH.”
- Copy this address as well as the money you wish to send.
- Send the copied amount from your personal wallet on another site, or utilize Metamask.
- Select “I’ve sent ETH.”
SELL VRO Crypto
- Select the destination of your sell order.
- Enter the quantity of VRO you wish to sell. You can choose to trade in the cryptocurrency of your choice or in VRO.
- Click on “Sell VRO.”
- Your order is being processed and will appear in your history once it has been validated.
4. The VRO Wallet
The VRO wallet part of your dashboard is solely for VRO. Other crypto-currencies have no place there.
Withdraw
- Select the location of your sell order. WARNING: Please double-check that VRO is listed on the receiving end’s webpage. Otherwise, you won’t be able to see or touch them.
- Enter the amount of VRO to be withdrawn.
- Select “Withdraw VRO.”
- Your order is being processed and will be added to your history once it has been confirmed.
Deposit
- Please keep in mind that the deposit address provided is just for VRO cryptocurrency
- Scan the QR code or copy the URL
- Please send the VRO to this address.
- Your order is being processed and will be added to your history once it has been confirmed.
VeraOne.io is a service provided by LinGOLD Ltd, a company formed in the United Kingdom under the company number 9507526. Explore VeraOne whitepaper for more information on VeraOne and VRO Crypto.
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