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View ChartVertcoin (VTC) is an open-source, peer-to-peer cryptocurrency created in early 2014 that focuses on decentralization and keeping mining accessible to everyday users. It is an ASIC-resistant Litecoin fork that uses a Proof-of-Work (PoW) consensus mechanism. Billed as "The People's Coin," Vertcoin prioritizes decentralized mining, allowing anyone with a personal computer to participate in the network. The project has no pre-mine, no founder allocation, and no corporate backing. With a capped supply of 84,000,000 VTC and a block time of 2.5 minutes, Vertcoin mirrors Litecoin's monetary structure while distinguishing itself through its commitment to ASIC resistance and equitable mining distribution.
Vertcoin was founded by Poramin Insom. James Lovejoy is described as leading the Vertcoin team and is noted as an undergraduate researcher at MIT's Digital Currency Initiative. The project has no founder allocation and no pre-mine. Decisions about the protocol, including algorithm changes, are made by the community. Vertcoin was developed by a voluntary community funded purely by donations, and it is not funded nor controlled by any entity.
Vertcoin operates on a Proof-of-Work consensus mechanism using the Verthash mining algorithm, which bears similarities to Ethereum's Ethash. This algorithm is designed to adjust mining difficulty with every block, promoting fairness and adaptability in the mining landscape. Vertcoin was developed as a fork of Litecoin, sharing similar attributes such as block time and total supply of coins. It was among the early adopters of Segregated Witness (SegWit), a protocol upgrade that solved transaction malleability issues and improved block capacity. Vertcoin also supports Stealth Address transactions, enhancing privacy for users. The network allows for GPU mining and gaming simultaneously, even from a home computer.
Vertcoin's core value proposition lies in its ASIC resistance and commitment to mining decentralization. Unlike cryptocurrencies that require sophisticated and expensive mining hardware, Vertcoin is designed to be mined by anyone using a standard personal computer. This approach promotes a more equitable distribution of mining opportunities. The project introduced a 1-click miner, an innovative tool designed to simplify the mining process for a broader audience. Vertcoin has no corporate backing, no pre-mine, and no founder allocation, making it a truly community-driven project. Its active and supportive community contributes to its reputation as "The People's Coin," reflecting its mission to democratize the mining process.
VTC is generated through the process of mining and is used as a medium of exchange and payment. Vertcoin is a digital currency that can be sent between people over the internet, staying true to the original vision of cryptocurrency. It functions as a peer-to-peer payment system with low transaction fees. Typically, Vertcoin transactions take a maximum of five minutes to clear, and fees are minimal. For example, transferring 1000 VTC would require a total fee of approximately 0.001 VTC. Vertcoin is traded against a number of fiat currencies as well as a wide range of cryptocurrencies globally, with over 110 currency pairs available.
The Vertcoin ecosystem centers on mining accessibility and community participation. The Verthash hardfork has been completed, as displayed on the Vertcoin website. Vertcoin offers a One-Click Miner available for download from the official website, designed to make mining more accessible to the general public. Wallet support includes options for Mac, Windows, and Linux users, with web-based and Electrum-based wallets also available. Mining guides and beginner tutorials have been published to help new users get started. The project maintains an active presence on community platforms, including the r/vertcoin subreddit. As of July 18, 2024, Ledger Wallet discontinued the ability to create Vertcoin accounts on mobile and desktop versions of its app.
Vertcoin uses a Proof-of-Work consensus mechanism and is mineable with GPUs. The Verthash mining algorithm ensures that the mining process remains ASIC-resistant, allowing individuals to mine using standard personal computers rather than specialized hardware. Before starting to mine Vertcoin, you need to obtain an address where you will send the coins after mining them. Your first address is automatically generated after downloading the Vertcoin wallet, and you can easily generate more addresses for subsequent mining. Mining pool choices are referenced in mining guides. The Vertcoin One-Click Miner simplifies the setup process for beginners. Vertcoin allows for GPU mining and gaming simultaneously, making it accessible for home users.
To keep your Vertcoin safe, download the official wallet from Vertcoin's website. Wallet options are available for Mac, Windows, and Linux users, with web-based and Electrum-based wallet options also offered. In the Vertcoin network, rewards are made to addresses centered on digital signatures. These addresses are strings of 26 to 36 alphanumeric characters that always start with the letter V. For enhanced privacy, Vertcoin supports Stealth Address transactions, which can further protect your financial activity. Store your wallet securely and ensure you download software only from official sources. As with any cryptocurrency, maintaining control of your private keys and using trusted wallet software are essential practices for safeguarding your VTC holdings.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for VTC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Vertcoin (VTC) is $0.044803. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated VTC to USD rate at the top of BTCC’s price page. In terms of market scope, Vertcoin records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $3.351476M. Its current circulating supply stands at 74.57M out of a maximum supply cap of 84M.
The price volatility of Vertcoin (VTC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (74.57M) to max supply (84M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Vertcoin (VTC) hit an all-time high (ATH) of $10.5329 on 2017-12-06 05:15, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.005343 on 2015-05-06 11:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading VTC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s VTCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Vertcoin, simply log into your BTCC account with USDT margin available, navigate to the VTCUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for VTCUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.044803), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for VTCUSDT with zero financial risk.
Trading Vertcoin (VTC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for VTCUSDT, and review its live price ($0.044803) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.