Steem (STEEM) vs VeChain (VET) Comparison

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On this page, you can compare Steem (STEEM) with VeChain (VET). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

5.0 / 5 3 user reviews 5.0 / 5 5 user reviews

Cryptogeek rating

5.0 / 5 4.0 / 5

Trust Score

How it works
5 / 5 4.25 / 5

About

Steem is currently based on cryptocurrency Other protocol. You can check Steem's market cap and volume on widget of our partner. Also you can see the latest STEEM price on Cryptogeek.info. You can leave your feedback and reviews about Steem cryptocurrency here.
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.

Type

coin coin

Founding Date

2016 2015

Country

International International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.2848 0.0430

All-time high (USD)

8.5700 0.0198

Price change (24h)

4.58 3.99

Volume (24h)

1387516.35209 1659064.23238

Hashrate

No data No data

Max Supply

No data 86712634466.00000

Total supply

No data No data

Circulating Supply

447422708.29100 85985041177.00000

Transaction speed / Block time

18 220

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

PoS VeChainThor Authority

Proof type

PoW Proof of Authority

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

99692126.00000 55454734800.00000

Is trading

yes yes

Block reward

0.000000000000 0.000000000000

Block time

3 No data
Company
User rating User rating 5.0 / 5 3 user reviews User rating 5.0 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 5.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 5 / 5 Trust Score 4.25 / 5
About
Steem is currently based on cryptocurrency Other protocol. You can check Steem's market cap and volume on widget of our partner. Also you can see the latest STEEM price on Cryptogeek.info. You can leave your feedback and reviews about Steem cryptocurrency here.
VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information.
Type Type coin Type coin
Founding Date Founding Date 2016 Founding Date 2015
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.2848 Current price (USD) 0.0430
All-time high (USD) All-time high (USD) 8.5700 All-time high (USD) 0.0198
Price change (24h) Price change (24h) 4.58 Price change (24h) 3.99
Volume (24h) Volume (24h) 1387516.35209 Volume (24h) 1659064.23238
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply No data Max Supply 86712634466.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 447422708.29100 Circulating Supply 85985041177.00000
Transaction speed / Block time Transaction speed / Block time 18 Transaction speed / Block time 220
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability high Mining profitability No data
Algorithm Algorithm PoS Algorithm VeChainThor Authority
Proof type Proof type PoW Proof type Proof of Authority
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 99692126.00000 Total coins mined 55454734800.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 0.000000000000
Block time Block time 3 Block time No data

Social

Website

steem.com www.vechain.org

Twitter

@steemit @vechainofficial
Website Website steem.com Website www.vechain.org
Twitter Twitter @steemit Twitter @vechainofficial

Advantages

Scalable; Fast; Zero Fees Well-known and trusted Some projects run on it

Disadvantages

Complex triple currency; No physical or digital backing Not completely decentralized

Rating

User rating User rating 5.0 / 5 3 user reviews User rating 5.0 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 5.0 / 5 Cryptogeek rating 4.0 / 5
Advantages Advantages Scalable; Fast; Zero Fees Advantages Well-known and trusted Some projects run on it
Disadvantages Disadvantages Complex triple currency; No physical or digital backing Disadvantages Not completely decentralized

Steem (STEEM) user rating is 5.0, based on 3 user reviews. VeChain (VET) user rating is 5.0, based on 5 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Choose other companies
Steem (STEEM) features

At the moment Steem (STEEM) price is 0.2848. Its 24h volume is 1,387,516.35209. 24h price change is 5.58.

The circulating supply is 447,422,708.291.

Steem (STEEM) transaction speed/block time is 18. Block reward is 0.0.

At the moment the number of coins mined is 99,692,126.0. Mining profitability is high.

Steem (STEEM) Cryptogeek user rating is 5.0, based on 3 user reviews.

VeChain (VET) features

VeChain (VET) price is 0.43. Its 24h volume is 1,659,064.23238. 24h price change is 4.99.

VeChain (VET) max supply is 86,712,634,466.0. The circulating supply is 85,985,041,177.0.

VeChain (VET) transaction speed/block time is 220. Block reward is 0.0.

At the moment the number of coins mined is 55,454,734,800.0.

VeChain (VET) Cryptogeek user rating is 5.0, based on 5 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Steem (STEEM) with VeChain (VET). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.