What is VI?

Vid aims to become a next-generation video journaling application that gives control to its users. Data is secured through zero-knowledge encryption, so only the user can access their content. Blockchain technology powers the company’s internal VID Token, which is a digital currency used to transfer value across the network. Content creators can earn VID Tokens when other users view their videos. Brands and advertisers can also pay content creators directly with the VID Token, without Vid taking a cut. The company has developed proprietary technology that leverages AI and machine learning techniques to automatically edit clips to the beat of the music, identify the most relevant parts of a clip, speed up and slow down content, and apply filters that give the final product a polished and professional feel. Vid holds two patents that protect its technology, with several others in the review. The company is headquartered in Los Angeles, with satellite offices in South Korea, Hong Kong, Singapore, and the Cayman Islands.

VI has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any large exchange and then transferring to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy VI.

Can I buy VI with cash?

There is no direct way to buy VI with cash. However, you can use marketplaces such as LocalBitcoins to first purchase Bitcoin, and finish the rest of the steps by transferring your bitcoin to respective AltCoin exchanges.

Buy Bitcoin from local sellers

LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when you can’t find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.

Are there any quick ways to buy VI in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks in which you can simply open an account and transfer money to exchanges such as Coinbase and Coinmama.

Popular online banks in Europe are Bunq, N26, and Revolut. Check out this article for more information about these banks.

Are there any alternative platforms to buy VI or Bitcoin with credit cards?

Yes. Changelly is also a very easy-to-use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

Reference: https://cryptobuyingtips.medium.com/30-33-growth-how-to-buy-vid-vi-in-2020-a-step-by-step-guide-crypto-buying-tips-5e7fec8e7dff