You can participate as a buyer by creating an account on VFEX and submitting your KYC Details
Required KYC include;
NB: You can also open an account through a commodity dealer or a custodial bank.
1. Fair and Transparent Pricing
VFEX brings together a large pool of buyers and sellers, leading to the discovery of a fair market price based on supply and demand.
2.Uniform Quality and Quantity
There are standardized lot sizes for specific commodities, ensuring consistent quality and quantity.
3. Easy Trading
VFEX offers high liquidity, allowing buyers to trade in commodities
4. Market Efficiency
Active trading on VFEX leads to efficient price discovery and better market information for buyers.
5. Efficient Clearing and Settlement
VFEX has established systems for clearing and settling trades, reducing costs for buyers
6. Trust and Confidence
VFEX is regulated, ensuring fair practices and producers for the benefit buyers.
7. Investor Protection
The regulations help safeguard investors from fraud and manipulation. Visit the resources tab to learn more.