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Cryptocurrencies:  7,487Markets:  31,848Market Cap:  $399,287,528,13324h Vol:  $107,859,295,016BTC Dominance:  60.9%
Market Cap:  $399,287,528,13324h Vol:  $107,859,295,016BTC Dominance:  60.9%Cryptocurrencies:  7,487Markets:  31,848
VITE

VITE (VITE)

$0.018777 USD (1.68%)
0.00000144 BTC (-0.64%)
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  • Market Cap
    $8,865,513 USD
    679.05540999 BTC
  • Volume (24h)
    $316,535 USD
    24.24507876 BTC
  • Circulating Supply
    472,148,102 VITE
  • Total Supply
    1,004,719,212 VITE

About VITE

VITE price today is $0.018777 USD with a 24-hour trading volume of $316,535 USD. VITE is up 1.68% in the last 24 hours. The current CoinMarketCap ranking is #553, with a market cap of $8,865,513 USD. It has a circulating supply of 472,148,102 VITE coins and the max. supply is not available. You can find the top exchanges to trade VITE listed on our crypto exchanges page.

What Is Vite?

Vite has built a Directed Acyclic Graph (DAG) based smart-contract platform, with a Snapshot Chain structure to facilitate zero-fee transactions and optimize transaction speed, reliability, and security. The Snapshot Chain of Vite utilizes Hierarchical Delegated Proof of Stake (“HDPoS”) to achieve network consensus, while supernodes take only staking rewards and no transaction fees. Vite virtual machine maintains compatibility with EVM, and utilizes asynchronous smart contract language, Solidity++.

The VITE token is the currency for simple token transactions and smart-contract executions on the Vite network, with users staking VITE for transaction quota instead of consuming gas. VITE can also be used to vote for Snapshot Block Producers (aka supernodes). In addition, a VITE staker with unused transaction quota can lease such quota to dApps in exchange for their tokens. For instance, users can stake VITE in exchange of ViteX’s native decentralized exchange token, VX.

Vite’s current products include a decentralized exchange (ViteX), a multi-purpose wallet application (Vite App), payments (VitePay), and government/enterprise blockchain applications (VitePlus):

  • ViteX is a decentralized exchange with on-chain orderbook and matching engine, and supports currently 20+ digital assets.
  • Vite App is a mobile application that allows trading (ViteX), asset management (wallet), dapps (e.g Vite-based games) in one place.
  • VitePay is a fast and feeless payment solution, currently available to use in Singapore’s Ce La Vi Sky Bar and taxi services under the Midwest Global network - Users can pay for merchants with Vite wallet, who in turn receive payment with zero fees with near-instant settlement. VitePay is also integrated with the e-commerce platform OpenCart, and one can utilize VitePay at the official Vite store.
  • VitePlus is a Vite-based enterprise blockchain solution for governments and enterprises. Vite has developed a pilot app, SyraCoin, for the Syracuse government, allowing city housing fund donors to receive blockchain-based coupons that are redeemable for goods and services within city bounds.

How can you buy or mine VITE?

You may purchase VITE at major exchanges such as Binance, OKEx, and Bittrex. To 'mine' VITE, you may run a Snapshot Block Producer (aka supernode to partake in the HDPOS consensus process) on the Vite network, and receive block rewards in the form of the annual inflation of 30 million VITE coins. You may also run a full node and receive VITE rewards from the Vite foundation.

Supply Distribution

Private Sale tokens comprise 40.43% of total supply. It was conducted in May 2018 for 404.33MM VITE at a rate of 7,000 VITE = 1 ETH and raised a total of 57,762 ETH (~$40.43MM) at ~$0.10 per token, selling 40.43% of the total token supply.

  • Marketing tokens comprise 10.00% of total supply.
  • Ecosystem Development tokens comprise 23.57% of total supply.
  • Team tokens comprise 20.00% of total supply.
  • Airdrop tokens comprise 5.00% of total supply.
  • Advisor tokens comprise 1.00% of total supply."

VITE Price

VITE Price$0.018777 USD
VITE ROI
-82.25%
Market Rank#553
Market Cap$8,865,513 USD
24 Hour Volume$316,535 USD
Circulating Supply472,148,102 VITE
Total Supply1,004,719,212 VITE
Max SupplyNo Data
All Time High
$0.114875 USD
(Jul 18, 2018)
All Time Low
$0.005328 USD
(Mar 13, 2020)
52 Week High / Low
$0.037779 USD /
$0.005328 USD
90 Day High / Low
$0.037779 USD /
$0.015036 USD
30 Day High / Low
$0.020606 USD /
$0.015036 USD
7 Day High / Low
$0.020606 USD /
$0.015036 USD
24 Hour High / Low
$0.019290 USD /
$0.017873 USD
Yesterday's High / Low
$0.019699 USD /
$0.017470 USD
Yesterday's Open / Close
$0.017622 USD /
$0.018217 USD
Yesterday's Change$0.000595 USD (3.38%)
Yesterday's Volume$490,748 USD
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