VET is the native token of VeChain, one of the largest enterprise blockchain networks in crypto. The network runs on two tokens: VET, which secures the chain through staking, and VTHO, the gas token that pays for transactions and smart contract execution.

VET utility extends beyond the VeChain ecosystem. In 2026, holders can put the token toward hotels, flights, gift cards, and physical collectibles.

At Polkastarter, VET holders can shop for physical collectibles, including rare trading cards, sealed products, and video games. New users can claim a free mystery pack when signing up.

You can also put VET toward travel. CoinBooking lets you use VET to book hotels and flights at prices up to 30% lower than Booking.com. New users can also get $25 off their first booking.

Key Takeaways

• Polkastarter lets VET holders purchase rare trading cards, graded collectibles, sealed products, video games, and other physical items. New users can claim a free mystery pack.
• Planning a trip? You can book hotels and flights through CoinBooking with prices up to 30% lower than Booking.com.
• The Hayabusa upgrade moved VeChainThor to delegated proof of stake in December 2025, with a set of 101 validators producing blocks and VET staked through StarGate delegated to them.
• With Coinsbee, VET holders can spend their tokens on gift cards and mobile top-ups from more than 5,000 brands in 185+ countries.

1. Buy Physical Collectibles With VET on Polkastarter

VET holders can put their crypto toward something they can actually own through Polkastarter. The marketplace offers authenticated items from rare trading cards and sealed products to video games. Each purchase comes with on-chain proof of ownership.

Physical items stay in secure custody while ownership is transferred digitally. Buyers can later have their collectibles shipped to them or sell them back through Polkastarter.

VET is not currently listed as a direct payment option, so holders would need to swap it for a supported cryptocurrency before funding their Polkastarter balance. From there, they can browse available Lootboxes and collectibles, with details such as contents, values, and odds shown before purchase.

New users can also claim a free mystery pack when they sign up. Browse Polkastarter's collectibles marketplace to see what's currently available.

2. Book Discounted Hotels and Flights With VET on CoinBooking

Instead of leaving VET untouched in your wallet, you can use it to book trips on CoinBooking, a leading Dubai-licensed crypto travel broker. Flights and hotels on CoinBooking are up to 30% cheaper than on Booking.com, making it an appealing option for VET holders looking to use their crypto for travel.

You can pay directly with VET instead of converting it to fiat first. CoinBooking also supports 200+ other cryptocurrencies, along with Visa, Mastercard, Apple Pay, and Google Pay.

CoinBooking is also offering new users $25 off their first booking.

3. Use VET Across the VeChain Ecosystem

VET holders can put the token to work directly on VeChainThor, VeChain's public blockchain. Since the Hayabusa upgrade went live in December 2025, the network has run on delegated proof of stake, with a set of 101 validators producing blocks.

Staking runs through StarGate, which launched on July 1, 2025. Users stake VET to mint an NFT that represents their staking commitment, then delegate that NFT to a validator, with rewards distributed automatically by smart contract. Existing Economic Node and X Node holdings were migrated into the same NFT framework.

Transaction fees are paid in VTHO rather than VET. The Galactica upgrade added a base fee burn in 2025, so 100% of base transaction fees are destroyed, and Hayabusa replaced passive VTHO generation with staking-based issuance.

VeBetter rewards verified real-world actions such as recycling or walking with the B3TR token, and VeChain reported more than 50 live applications and over 50 million verified actions by early 2026. The next hard fork, Interstellar (VIP-255), is scheduled for September 16, 2026 and implements 11 Ethereum Improvement Proposals with no token swap for holders.

4. Spend VET With a Crypto Card

VET holders can also spend their tokens through crypto payment cards. These cards can be used for online and in-store purchases, as well as payments through Apple Pay and Google Pay, depending on the provider.

RedotPay is available across Europe, Asia, Latin America, and the Middle East, but not to US residents. KAST offers virtual and physical cards on Solana, while Ether.fi supports self-custody and offers cashback on eligible purchases.

To get started, choose a provider available in your region, add VET to your account, and request a card. Check each provider's fees, features, and availability before signing up.

5. Buy Gift Cards and Everyday Products With VET on Coinsbee

Coinsbee gives VET holders another way to spend their tokens on everyday purchases. The platform supports more than 200 cryptocurrencies and provides gift cards, prepaid products and mobile top-ups from over 5,000 brands across 185+ countries.

The selection spans a range of categories, including shopping, entertainment, gaming, travel, and other common expenses. To make a purchase, select a brand and amount, pay with VET, and receive the digital code directly by email.

Check Coinsbee's available products to see which options are supported in your country.

6. Access Early-Stage Token Sales Through CoinTerminal

VET holders can also use their tokens to get involved in early-stage crypto projects through CoinTerminal. The launchpad gives users access to token sales before they list on exchanges, with contributions starting at $100 and no staking requirements.

Since VET isn't accepted directly for contributions, holders need to swap it for USDT first. Once the USDT is in their wallet, they can connect it to CoinTerminal, choose an eligible sale, and make a contribution based on the sale terms. CoinTerminal also allows participants to request refunds during the refund window set for each launch.

Visit CoinTerminal to see which token sales are currently open.

Frequently Asked Questions

1. What is VeChain (VET) used for?

VET is the native token of the VeChainThor blockchain. Holders stake it through StarGate and delegate to validators under delegated proof of stake, which secures the network and earns rewards. Transaction and smart contract fees are paid in VTHO, VeChain's second token.

2. Can I book hotels and flights with VET?

Yes. CoinBooking supports VET alongside 200+ other cryptocurrencies for discounted hotel and flight bookings across 190+ countries, at prices up to 30% below Booking.com. New users can claim $25 off their first booking.

3. Is Walmart using VeChain?

Yes. Walmart China has used the VeChainThor blockchain for food traceability since June 2019, in a platform built with PwC and the China Chain-Store and Franchise Association. Sam's Club, Walmart's membership chain in China, later joined the same traceability project.

4. Is VeChain a Chinese company?

No. VeChain started in Shanghai in 2015 under founder Sunny Lu, the former CIO of Louis Vuitton China, but the network is overseen by the nonprofit VeChain Foundation, registered in Singapore. VeChainThor itself is a public blockchain rather than a company.

5. What is the highest price VeChain has ever reached?

VET's record high is about $0.28, reached in April 2021. Future prices cannot be predicted and nothing here is investment advice. What VET does now is secure VeChainThor through StarGate staking, while VTHO covers network fees and B3TR rewards VeBetter activity.