What Is Verasity And How To Buy VRA?

Verasity (VRA) – Nowadays, digital money tokens or cryptocurrencies are becoming quite popular.

Thanks to them, trading on multiple platforms is becoming relatively easy. Transactions in these platforms thus can be done in a hassle-free manner.

It has grown quite a lot in the Esports community, as giving VRA and rewards through video engagement have been a very successful approach.

What Is Veracity?

Verasity is a unique protocol that uses digital currency in video playing platforms.

The core technology of Verasity Crypto uses video player rewards, which can be awarded to different advertisers and video streamers globally.

Its digital token is known as VRA, and the video player has a patent that allows creating different monetization programs.

This includes providing programs for loyalty, staking, and giving VRA as rewards.

 

At present, the technology used by Verasity Crypto is already available to a few million video streamers around the world. Statistics suggest that Verasity’s technology platform has an average of 110 billion views in a month.

RJ Mark founded Verasity Coin in 2017. He is a heavily experienced entrepreneur with high success in the IT world for three decades or more.

As of 2018, 10 billion or even more VRA tokens have been sold, an estimated cost of around 19.5 million $.

The Verasity project is vast, and they have experts in every field.

The platform has a high integration of marketing and design, and it also uses blockchain technology to grow fast in the Esports community.

How Does Verasity (VRA) Work?

The model of Verasity Crypto seeks attention from anywhere it can. This allows the economy created by the VRA tokens to be successfully transferred between advertisers, video publishers, and audiences.

The technology works in a pretty simple manner. The publishers integrate the platform into all of the video stacks available.

This allows mapping the time each user is spending on the video. Depending on the attention provided, a loyalty program has been created that provides users with rewards.

When a reward for particular attention is achieved, a trophy sign is displayed on the player’s top right-hand side.

The viewers can get the reward by clicking on it. Initially, the viewers need to play any advertisements or videos.

When the reward is available, the trophy sign turns into a green color. Users need to create an account or Rewards Wallet.

Once this account is created, clicking on the trophy transfers the rewards to this account.

The collected VRA in the account is equivalent to a cryptocurrency earned by viewing ads or videos. As soon as the user gets the reward, the VRA can be converted to different utility services.

The primary conversions include converting the VRA to goods, vouchers, or cash.

Verasity uses the latest blockchain technology. The cryptocurrency VRA is created so that an exchange can take place between the value and attention of the viewers.

Even without involving the cryptocurrency, the publisher cab offer other sets of points or rewards.

Verasity also checks for authentic viewers while giving out rewards. They have a proof-of-view technology, and this can detect bots from actual viewers.

Verasity uses this technology to be able to verify the viewer metrics. This process is done publicly, precisely, and in a secure manner.

As a result, the chances of getting fake attention or views from bots are almost zero.

Additionally, pre-roll advertisement inventory is also provided to the advertisers.

This way, Verasity Coin connects with the advertisers who want to reach more audiences and gain higher engagement. This process is done globally.

How To Buy VRA?

Open Kucoin Account

To be able to exchange VRA successfully, users need to be able to buy VRA as well. It is quite an easy process to buy Verasity tokens, and their transaction process is relatively hassle-free.

Verasity tokens can be bought from online cryptocurrency exchange platforms. At present, VRA coins are only available in kucoin

It provides a fantastic user-friendly interface, and users can buy VRA with ease.

Firstly, users will need to create an account in kucoin, which is available on the website itself.

To open the account, users will need to provide their details. Once the details have been provided, they will be sent for verification.

Once verified, the user will be able to buy VRA with kucoin.

The Verasity tokens can be bought from kucoin after adding money to the account. The funds can be added with credit cards or SEPA.

Users also can add money to their kucoin account through P2P or get it transferred from alternative exchanges.

Once the money is added to the kucoin fund or account, this amount can be used to buy VRA.

Once the user has logged into kucoin, there will be a ‘Coins’ menu on top. This page will list all of the cryptocurrencies that kucoin manages and offers for sale and purchase.

If the user is unable to find VRA, they can use the search bar to find it. The exchange process is very fluid, and the equivalent amount of the Verasity Coin for dollars, euros, or other currencies will be displayed.

An equivalent amount of other cryptocurrencies such as bitcoin and ethereum will be displayed too.

Buy A Wallet (optional)

Alternatively, hardware wallets can also be used for storing the Verasity Crypto. These are one of the safest ways of storing the Verasity tokens securely in an offline method.

The online wallets are usually termed hot wallets, and the offline ones are known as cold wallets.

If VRA coins are stored in an offline wallet, they will remain safe and only be online when needed for funds. At that time, it will be able to access the blockchain.

For offline wallets, paper wallets are available. These are free but are not that durable.

Hardware wallets such as USB devices are costly, but they are durable and provide extreme security to the stored VRA coins.

These wallets are optional investments that can keep the coins safe.

It is an optional way to buy VRA and can be considered if normal circumstances do not work.

Usually, online wallets offered by kucoin are pretty safe. However, if someone has security concerns, they can buy hardware wallets and store their Verasity Crypto.

These certainly provide a heavy-duty level of security to the assets.

Make Your Purchase

If the users have decided to buy VRA, they will need to provide the amount of VRA they want to purchase.

The equivalent money will be shown. There are some taxes and maker fees as well. The total amount will be displayed.

If the user finds everything correct, they can click on the buy button. On confirming the action, they will be able to buy the Verasity Crypto successfully.

It is always advised that users check all the details properly before confirming a transaction for buying the Verasity tokens.

In kucoin, an order can also be repeated. Users can also set a limit to how much VRA they want to buy.

Additionally, a limiting amount of buying and releasing the Verasity Coinscan also be set. This allows kucoin to buy VRA on the value reaching a certain amount automatically.

How To Trade, Sell, And Convert VRA

Just like the Verasity Crypto can be bought, they can also be traded, sold, or converted easily from the kucoin account.

The user will see a complete list of the available cryptocurrencies and tokens traded in exchange for the VRA coins.

The market value and the trend of the last 24 hours are usually displayed. Users can see the trends, choose the cryptocurrency that they want to receive, and trade the VRA coins against them.

If any, the newly received cryptocurrency and the remaining VRA coins will be updated and displayed in the kucoin account.

 

Also, it is possible to sell the VRA coins using online transaction platforms. Usually, the selling part is carried out by the eCommerce platform themselves.

Instead of selling directly to a buyer, the Verasity tokens are released in the net, then bought back by some other user.

For selling the VRA coins, the users need to select the amount of VRA they want to sell.

Once the amount has been set, the users can click on the ‘sell’ option. There will be a confirmation message before selling the VRA coins.

Users are advised to check the amount properly before selling. It is to be noted that a minimum amount of tax and broker charges are also deducted from the total amount, and the resultant amount is reflected in the account.

The stored, bought, or rewarded VRA can also be converted. Usually, the conversions of the Verasity tokens are mainly done in exchange for cash.

However, other forms of conversion, such as goods and vouchers, are also available.

Final Verdict On Verasity

So, can we consider Veracity as a good investment? From all of the points mentioned above, it can be clearly said that the Verasity cryptocurrency is a very fluid form of digital currency.

Thanks to the creators, video publishers, and live streamers, the economy of VRA coins has increased significantly.

Also, with an easy way to buy, sell, convert, and trade, these coins have been highly convenient as a rewarding medium in the community.

With more focus on Verasity Coin on the Esports platforms, multiple famous streamers have started to use Verasity Crypto as their reward platform to their users.

This has shown tremendous growth in the VRA coins, and it is estimated that its growth has only just started.

Considering all the equations, investing in Verasity Crypto seems to be a pretty good prospect at the moment.