Verge Price, News and Analysis (XVG)

Verge (XVG) Frequently Asked Questions

What is Verge?

Verge is a scrypt based alternative crypto currency trying to take the popularity of both Dogecoin and Bitcoin and combine it with the anonymous features of DASH. The block time is 30 seconds and the coin operates through Proof of Work. VERGE prides itself on being a symbol of progression in the cryptocurrency world. It is a more secure, private, and evolving cryptocurrency that is backed by bitcoin, a ton of developer resources and privacy tools (located here!) Block reward: Block 0 to 14,000 : 200,000 coins14,000 to 28,000 : 100,000 coins28,000 to 42,000: 50,000 coins42,000 to 210,000: 25,000 coins210,000 to 378,000: 12,500 coins378,000 to 546,000: 6,250 coins546,000 to 714,000: 3,125 coins714,000 to 2,124,000: 1,560 coins2,124,000 to 4,248,000: 730 coinsApproximately total reward: 9 Billion (9,000,000,000) during first year then issuing 1 billion (1,000,000,000) each year after. (Description provided by CryptoCompare)

How do I buy Verge?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Verge.

What do investment analysts think about Verge?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Verge an overall rating of "C-", a technology and adoption rating of "D+", and a market performance rating of "B".

Where can I get Verge wallet?

Verge produces its own wallet software that is available for download on its website, which allows you to store Verge on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Verge?

One Verge (XVG) is currently worth $0.02 on major cryptocurrency exchanges. You can also exchange one Verge for 0.00000041 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Verge in U.S. dollars is $391.67 million.

What hashing algorithm does Verge use?

Verge is a proof of work (PoW) coin that uses the Scrypt algorithm.

How do I mine Verge?

Verge and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to Verge?

The following coins use Verge's Scrypt algorithm and proof of work (PoW) proof-type: Dogecoin, Litecoin, UNUS SED LEO, Polymath, Syscoin, Hellenic Coin, Presearch, XeniosCoin, Bytom, GameCredits, Lotto, Don-key, Matrix AI Network, Monavale and Trabzonspor Fan Token.

What is the Reddit page for Verge?

The official Reddit community (subreddit) for Verge is r/vergecurrency.