What is VNDC?
VNDC is a stablecoin developed by VNDC Alliance and Da Nang Blockchain Association and is a cryptocurrency developed specifically for the Vietnamese Trader community. VNDC is built and developed on the basis of ERC-20 standard Ethereum blockchain technology and Bep-2 standard Binance chain.
You can refer below:
* 39,300,000,000 VNDC on Erc-20:
* 30,000,000,000 VNDC on Bep-2
What is VNDC.IO?
VNDC.IO is a portal that helps users convert from VNDC to VND quickly, conveniently and easily. When the conversion order is completed, the amount of VND corresponding to the amount of VNDC converted will be transferred directly to the user’s bank account.
Features of VNDC
- VNDC is stable: VNDC is always equivalent to VND (1 VNDC = 1 VND)
- Unlimited Integration: Convert VNDC to VND at VNDC.IO at any time with constant exchange rate and extremely low cost.
- Transparency and safety: All transaction values are published daily. Always ensure liquidity through the VNDC.IO conversion portal.
- Blockchain Technology Application: All VNDC transactions are recorded and stored on the blockchain platform. Blockchain technology helps ensure security according to international standards and conventions.
The mission of VNDC
VNDC will be a Stablecoin representing VND and present in the world basket of cryptocurrencies.
VNDC will help investors:
- Eliminate currency conversion costs.
• Does not depend on foreign currency conversion rates.
• Support to buy BTC, ETH, LTC… in VND through VNDC.
• Reduce dependence on other asset classes in the market.
• Always ensure liquidity at vndc.io for investors.
Currently, VNDC has been integrated into Binance’s Trust Wallet so that anyone can store, transfer and receive this digital asset, and is trying to exchange directly with other digital assets in the near future. Binance dex easily, quickly.
Moreover, with the expanded staking platform that Trust Wallet provides, VNDC has built its own staking program right on the wallet with an interest rate of 12%/year, providing users with an additional channel to accumulate assets in cash. secure and reliable encryption instead of just accumulating assets in conventional forms (savings, gold, real estate…) as at present.
Community activities of VNDC
As a new asset class, which has received special attention from technology enterprises in recent years, VNDC has actively participated in activities of associations, and contributed to state programs in the recent past. the application of science and technology to promote the economy.
Photo of the Board of Directors and CEO at the startup program of VCCI
It can be easily seen that the actual number of users of VNDC has reached 10,000 holders on the platforms that support it and 25,000 users on the VNDC.IO portal platform after a short period of operation. That number reflects the confidence of large investors in this system. Where they are committed not to face fraud or fraud in the management and transactions.
Instructions for registering and using VNDC.IO
To register VNDC.IO you register here.
You fill in your information, email address, phone number, confirm that you are not a robot, and then choose to agree to the terms of registration.
Then select register.
Here, the system automatically sends an email for you to confirm to the email address you have registered.
In the activation email, the system will send the login link and password. You use that account to log in, you should change your password to increase security and protect your property.
Instructions for 2FA authentication on VNDC.IO
To authenticate with 2FA, point your mouse at the account and select my profile
2FA Authentication aka two-factor authentication:
Use the Google Authenticator app: 2-Step Verification helps prevent unauthorized access to your accounts by requiring a one-time password (OTP) for each login. Enable 2-Step Verification to make your account more secure.
Here you use the Google Authenticator app to scan the QR code. Then enter the number on Google Authenticator to verify and confirm.
Instructions for KYC on VNDC.IO
To verify your account on VNDC.IO, simply select account verification Then fill in the following information:
Here you have 2 options: verify by cmnd or verify by passport.
Note: Here you must write the correct registered name with the name in the bank account. Because when you want to sell you can only change the type of bank and bank account number.
In the account verification submission. You fill in the information and send 2 sides of the ID card or passport. The last picture you take a selfie with your ID card with a sheet of VNDC.IO and write the date/month/year you verify yourself.
After submitting the account verification, the system will send you a confirmation message
How to get VNDC
To receive VNDC, please click on the account and select take or right outside the main screen you click on take.
You will see a wallet on the ERC-20 platform. You copy that address to send to the person who wants to send VNDC to you.
Note you can only send VNDC to this wallet. If you accidentally send another token because of this, you may lose that amount of your token.
How to send VNDC
Do the opposite of how to receive VNDC just now. You just need to enter transfer right outside the main interface or go to the account to choose transfer.
You just need to enter the amount of VNDC you want to transfer. The total amount will automatically show below for us. Currently, the transfer fee of VNDC is 0 VNDC. In the other box, you just need to enter the wallet you want to receive and then click transfer.
If you have not verified 2FA, the system will automatically send an OTP code to the email address you registered. You just need to enter the OTP code and select authenticate.
Note: Minimum amount = 200,000 VNDC.
How to Convert VNDC
To convert from VNDC. Just like how to receive and transfer VNDC, we can also enter directly on the main screen interface
Here you just need to select your bank information. VNDC.IO has links with many banks, so you are spoiled for choice.
The minimum amount of VNDC withdrawal is still 200,000 VNDC and the maximum you can withdraw is up to 100,000,000 VNDC, etc.There is no limit to the number of withdrawals per day.
You choose Sell Then you go to the email to receive the OTP code to confirm the completion of the conversion.
After the sale process is completed. The system sends you the received withdrawal order.
You just wait for the system to browse and authenticate. After the system browses and authenticates successfully. You will receive a confirmation email and the money will be transferred to your account.
- Convert from Cryptocurrency
You can convert VNDC from Cryptocurrency by selecting Convert from cryptocurrency. You choose the amount you want to convert.
Then it shows the corresponding crypto amount. At VNDC.IO you can choose 2 digital currency units, Bitcoin and Ethereum. You choose to convert.
You can transfer the corresponding cryptocurrency to the selected address.
For more information about VNDC, you can follow the official information channels of the project below:
Telegram Groups: https://t.me/vndcvietnam
Telegram Channel: https://t.me/vndcstablecoin
Above, Bitcoin Magazine has guided and introduced you how to register and use Vietnam’s stablecoin VNDC. Good luck.
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