Viacoin (VIA) is a cryptocurrency project that utilizes a special mining algorithm. Thanks to its unique algorithm using Scafft mining infrastructure, mining VIA appears to be more advantageous compared to other cryptocurrency projects. Miners can mine much faster with the same hardware, and additionally, the transaction speed is seen to be about 30 times faster than Bitcoin.
What is Viacoin (VIA)?
Viacoin is the native cryptocurrency of this mining-focused project. Designed for people to make especially small payments, VIA charges almost negligible transaction fees, making it suitable for daily trading transactions.
With its scalability solutions, VIA might be the sought-after solution in these days when everything and everyone is turning to the digital sector. Although Bitcoin is still the leading cryptocurrency, an average transaction fee rising to $11 makes its use in daily transactions impractical.
VIA Coin Commentary
As of the time this article was written, VIA Coin is seen as the 661st cryptocurrency. With a total market value of over $7 million, VIA has achieved a trading volume of 59 BTC in the last 24 hours. This indicates that the project is still active.
How to Buy Viacoin Coin?
What needs to be done to buy VIA Coin? Binance emerges as the most popular platform for users in this regard. The liquidity and security provided by Binance also influence investors’ preference for it.
- To buy VIA Coin, first, deposit USD balance to the exchange or purchase a cryptocurrency that can be used instead. For this, first go to the Binance homepage, click on the “Buy Crypto” option in the upper left, and then the “Credit/Bank Card” tab.
- In the tab that opens, choose how much USD you want to transact with, and then select Bitcoin, i.e., BTC, from the Coin section.
- After buying BTC, preview the “Buy-Sell” option again in the upper left and click on the “Classic” tab.
- In the opened section, select the BTC tab from the top right, type VIA in the search button, and choose the VIA/BTC pair that opens below.
- Then come to the middle “BUY VIA” tab and enter the amount you want to buy.
- Enter the amount you want and complete the VIA Coin purchase process by confirming the transaction.