Wednesday, May 5, 2021

VeChainThor Mobile Wallet Updated; VET Withdrawal Fee Reduced By 80% on Binance

As a report has it, the latest version of the VeChainThor mobile wallet has been released with fixed bugs.

The new development was announced via the official Twitter handle of VeChain Foundation. According to the report, bugs that make the wallet crash upon opening have been fixed.

Read Also: Binance Adds VET/EUR, VET/GBP Trading Pairs to Boost VeChain (VET) Presence in Europe

All Android users are thereby urged to update their mobile app to the latest version via the Google Play store, in order to leverage a version with a better user experience.

VeChain Foundation tweeted, “The VeChainThor Mobile Wallet has been updated to version 1.5.10 on the Android platform. Bugs including wallet crashing upon opening have been fixed. For all Android users, please update your mobile app on the Google Play.”

Additionally, the Foundation stated that users can submit feedback and bug reports in the form designed for the purpose.

Read Also: VeChain (VET) Makes the List of Top 10 Trending Digital Currencies in Europe

VeChain (VET) Withdrawal Fee Reduced From 100 VET to 20 VET on Binance

A couple of hours ago, Binance, the arguably largest crypto exchange by trading volume, announced a drastic reduction to VeChain (VET) withdrawal fee on its trading platform.

This notable development was passed across via the Binance subreddit a couple of hours ago. According to the exchange, the 80% reduction of VeChain (VET) withdrawal fees is the result of the suggestion of the community.

Binance wrote, “Thanks for all of your community feedback! We took your suggestions to reduce VET withdrawal fees to the relevant team and were able to lower the fee by 5x. Keep the suggestions coming!”

VET withdrawal fee reduced from 100 VET to 20 VET on Binance from binance

Read Also: VeChain Majorly Featured in Blockchain Report by Shanghai Media Group’s English TV Channel ICS

VeChain (VET) in the Market

The price trend of VeChain (VET), the thirteenth-largest cryptocurrency by market capitalization, has been showing a bit correlation with the price trend of Bitcoin (BTC) over the past few days.

A number of analysts have been suggesting that VET has been an accumulation state and could end in a notable upside trend. At the time of press, VET is trading at $0.23, with a relatively 4% price downtrend in the last 24 hours.

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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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