The VIBE cryptocurrency is designed for the VR (Virtual Reality) Marketplace. Its service is available globally based on the Ethereum blockchain with the aim of using microtransactions on the VIBEHub platform. The total supply of VIBE coin is nearly 267million and a pre-mined figure of 160.2 million. VIBE has got a lot of exciting features that make use of its cryptocurrency to monetize the Virtual world with the help of Volumetric Videos and other contents in VR and AR. The platform also provides the avenue to reach a broad audience via streaming of Artists and Educators for entertaining users they provide their services to. Other services include music, gaming, the dating marketplace, one-stop shop platform for educational materials.
On the VIBE blockchain technology, transaction fees for the VIBE token aren’t charged. The VIBE coin is a peer-to-peer cryptocurrency which replaces intermediaries/authorities in every transaction with a hybrid combination of blockchain activities that’s provided to boost microtransactions with more safer and secure way. The system is continuously monitored and tested by bots and users who can share their experiences via the social platform which is provided by VibeHub.
As more and more cryptocurrencies are being launched day by day, the trend is shifting towards developers focusing on Business based cryptocurrencies which have real-life use cases just like the VIBE project. VIBE is paving a reliable way for the future of Virtual Reality technology which indeed has a bright future.
Where VIBE Can Be Purchased
Wallets for VIBE
VIBE is an ERC-20 token and therefore can be stored on any ERC-20 compatible Ethereum Wallet like the MyEtherWallet.
On the VIBE official website, the VIBE team has also created an easy to use a wallet that allows you to quickly send and receive VIBE transactions with the help of the METAMASK plugin extension for Chrome.
How To Purchase VIBE From Binance
Purchasing the VIBE token is best done by exchanging your Top cryptocurrencies like the Ether or Bitcoin for the VIBE token, and the transactions are done on an Exchange such as Binance.
To purchase VIBE tokens from Binance, follow the steps below:
Before you are allowed to transact on the Binance platform, you need to be a registered member. Click here to register, or go to Binance platform and click on the Registration link at the top of the page. What is required during registration is an active email address and a secure password.
Verify the account you just created. This is important as Binance uses this to stop unauthorized registrations. You need to verify the account by clicking on the link in the mail sent to you, which you specified during the registration step.
Now that you are fully registered, you need to send some Ethers to be exchanged to a wallet address generated for you on Binance. Locate the FUNDS link at the top of the page and click on DEPOSITS WITHDRAWALS option.
Search for Ethereum in the list of cryptocurrencies displayed on the page. You can use the search box to do a quick search. When found, click the “Deposit” button in front of it.
Clicking on the Deposit button generates the Ether wallet address needed. The generated wallet address is what you’d copy to the wallet in which you have your Ethereum token stored and send some Ethers into it. You then need to wait for a moment for the transaction to reflect on your account.
After your deposit has been confirmed, then the process of purchasing some VIBE token begins. You will need to find the EXCHANGE link at the top of the site next to the Binance logo. Click on the ‘Basic’ option displayed and wait for the next page to load up.
At the top right section of the page, locate the VIBE/ETH pair and click on it.
- The box labeled Price displays how much ETH you pay for every VIBE token purchased.
- On the amount field, you are required to enter how many VIBE tokens you want in exchange for your Ethers. Using the percentage options below this box to specify how much of deposited funds you want to use in purchasing VIBE.
- The Total field shows how much Ether you are paying for the transaction.
- Click Buy VIBE to create the transaction.
You should get your VIBE tokens in its appropriate wallet on the platform in some minutes. When that’s reflected, you are now free to send your VIBE tokens to any external wallet of your choice.