How to Buy $VEE using MetaMask
Follow this simple procedure to buy or sell $VEE tokens using the MetaMask wallet.
Since the shutdown of Bittrex in 2023, the VEE token is no longer listed on a Centralized Exchange (CEX) and can now only be acquired through Decentralized Exchanges (DEX). This guide outlines the steps to buy or sell VEE using a DEX inside the MetaMask Wallet Extension.
You don’t know about $VEE? » $VEE Token in a Nutshell
Loading ETH into MetaMask
As an ERC-20 token on the Ethereum blockchain, you will need ETH to cover transaction fees when buying or selling VEE. Additionally, if you wish to purchase VEE, you need either ETH or USDt. In this guide, we will use ETH with the MetaMask wallet.
We won't cover the process of obtaining ETH in your wallet, but you can purchase ETH directly using your credit card in MetaMask or through your preferred exchange, such as Binance.
As an example, we have already loaded 0.037 ETH, valued at $113.67 at the time of writing.
Adding BLOCKv token VEE in MetaMask
Visit the BLOCKv website and navigate to the "Where to buy" section to copy the "VEE Token on Ethereum" contract address: "0x340d2bde5eb28c1eed91b2f790723e3b160613b7". It's crucial to copy the token contract address from the official website to ensure accuracy.
Click on the Import Token link in MetaMask
To open the following screen:
Next, click on the Custom Token tab, paste the token contract address you copied, and then click Next.
Finally, click Import.
The VEE token is now added to your MetaMask wallet, showing a balance of 0 VEE.
Swapping ETH for VEE in MetaMask
With the VEE token added, we now need to swap some ETH for the equivalent value in VEE, minus transaction fees. Click on the Swap button.
Then click on Select Token.
Search for VEE and select the token you previously added.
Enter the amount of ETH you wish to convert to VEE. In this example, we entered 0.01 ETH ($30.71), which converts to 2798.5342 VEE, with transaction fees and an additional 0.875% fee to MetaMask.
After accepting the swap, wait a few seconds.
The swap is now complete.
We have received 2798.53418 VEE, valued at $30.29 USD, leaving us with $79.88 USD.
You can view previous transactions by clicking on the Activity tab.
Select the transaction to see detailed information.
Conclusion
As demonstrated, buying or selling VEE tokens with MetaMask is straightforward. If you have any questions, feel free to ask in the comments!
You don’t know about $VEE? » $VEE Token in a Nutshell
Thank you for reading this article,
Cheers,
Kumaly.