Verasity (VRA) is a cryptocurrency powering the Verasity ecosystem, an open-ledger platform dedicated to enhancing trust and transparency in digital advertising and payments. Built on the Ethereum blockchain, VRA serves as the backbone for funding ad campaigns, facilitating transactions via VeraWallet, and enabling VeraPay. Unlike mineable tokens, VRA can be earned through staking and active participation in the platform’s offerings.
Key Uses of Verasity (VRA)
1. Rewards for Viewers
Viewers earn VRA tokens by engaging with content—watching videos, sharing, or referring others. These tokens are redeemable for other cryptocurrencies or ecosystem-specific goods/services.
👉 Learn how to maximize your VRA rewards
2. Advertising & Monetization
Publishers leverage VRA to fund ad campaigns and incentivize viewer engagement, driving traffic and boosting platform activity.
3. Staking & Trading
- Staking: Users earn passive income by staking VRA (15% annual rewards via VeraWallet).
- Exchanges: Trade VRA on platforms like Binance, KuCoin, or Gate.io.
4. Payment Solutions & NFTs
- VeraWallet: Securely store and transact VRA with crypto/non-crypto options.
- NFTs & Esports: VRA fuels transactions in VeraVerse (NFT marketplace) and VeraEsports.
How to Store Verasity (VRA)
Recommended Storage Options
| Option | Features | Security Level |
|---|---|---|
| VeraWallet | 15% staking, cold storage | High |
| Ledger | Hardware wallet, offline keys | Very High |
| MetaMask | Web-based, ERC-20 support | Medium |
| Trust Wallet | Mobile-friendly, multi-asset support | Medium-High |
Pro Tip: Always verify smart contract addresses when adding VRA to wallets like MetaMask to avoid scams.
How to Buy Verasity (VRA)
Step-by-Step Guide
Select an Exchange
- CEX: Binance, KuCoin, or HTX Global.
- DEX: 1inch (for decentralized swaps).
Fund Your Account
- Buy ETH as a base currency (e.g., via Binance).
Trade ETH for VRA
- On 1inch: Paste VRA’s contract address if it doesn’t auto-populate.
Transfer to a Secure Wallet
- Move VRA to VeraWallet or Ledger for long-term holding.
👉 Explore buying VRA with fiat via Transak
FAQs
1. Can I mine VRA?
No—VRA is only earnable via staking or platform participation.
2. What’s the annual staking reward?
15% APY through VeraWallet.
3. Is VeraWallet safe?
Yes, it uses cold storage and industry-standard encryption.
4. Which exchanges list VRA?
Binance, KuCoin, and Gate.io are top choices.
5. How do I avoid scams when buying VRA?
Always use official contract addresses from Verasity’s website or Etherscan.
Final Thought: Verasity bridges digital advertising, payments, and NFTs with a transparent, engagement-driven economy. Whether you’re a viewer, advertiser, or trader, VRA offers versatile utility—backed by a robust ecosystem and secure storage options.