VeChain Up More Than 45% as KuCoin Opens Withdrawal Services of VET

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VeChain, the nineteenth largest cryptocurrency in terms of market cap has experienced a massive surge of more than 45% over the past 24 hours.

VET was trading at $0.01 yesterday but surged to $0.014 within a few hours.

The daily trading volume also increased massively over the past 24 hours. The trading volume yesterday was just $34 million but increased massively to currently stand at $85 million.

The surge in the price of VET coincides with VeChain’s announcement that cryptocurrency exchange KuCoin has opened withdrawal services for its VET coin.

VeChain Foundation announced earlier today that:

KuCoin opens withdrawals services of VET at 14:00 (UTC+8) on August 17, 2018.

VeChain has undergone substantial changes over the past few weeks. The VeChain X-Node binding services were closed and the VET token swap has been initiated by the team. The token also received support from LedgerHQ with X-Node binding.

The VeChain team also released an optimized version of their source code.

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