Generic selectors
Exact matches only
Search in title
Search in content

VCOIN FAQs

Generic selectors
Exact matches only
Search in title
Search in content

What is VCOIN?

VCOIN is IMVU’s newest digital currency. Built on blockchain technology, VCOIN can be purchased, earned, and exchanged within the IMVU platform — most importantly, it can be transferred off the platform and converted to real cash!

A cryptocurrency is a digital asset (and is digital money) that holds real value and can be securely stored, sent, and received through peer-to-peer transactions globally. Through an exchange, like Uphold, it can be converted into cash for real value.

IMVU is creating an economy where users can easily earn real value from the tokens they play with. Unlike Credits, users can convert VCOIN into real money without being in the Earn Money program. On IMVU, users can earn and send each other VCOIN for all kinds of digital services such as badge creations, edits, streaming services, or solely as a gift.

VCOIN is not bound to a single platform. While it originates from the IMVU economy, users can also transfer it outside of IMVU and convert it into cash.

IMVU will maintain a consistent purchase and buyback price which should lead to little fluctuation of VCOIN.

At launch, 250 VCOIN will be equivalent to one dollar (USD) or four cents a token.

Anyone wishing to purchase and gift VCOIN can do so on IMVU Desktop and IMVU Next.

Yes, VCOIN is broadly available in the US and in more than 150 countries. And, while at launch, users in a few select states and countries will be unable to buy VCOIN or transfer it out of IMVU, our team is working to quickly expand its availability. However, all users can still send and receive VCOIN from other users while on the IMVU platform. 

While you can access VCOIN on all platforms, you can only purchase VCOIN on IMVU Desktop and IMVU Web. Click here to learn how

VCOIN withdrawal/purchase restrictions by country and state

The current list of countries and US states that cannot purchase or withdraw VCOIN are as follows (NOTE: this list will continuously be updated as regulations change):

Countries: DZ, BD, BO, CN, CO, EC, EG, HK, ID, IR, IQ, JO, KG, LB, MA, MM, NP, NG, PK, RU, RS, SD, SY, TW
US States: NV, HI, VT, LA

The current list of countries and US states that can purchase VCOIN, but cannot currently withdraw (NOTE: this list will continuously be updated as regulations change):

Countries: AF, AQ, BI, BV, CD, CG, GQ, GW, HM, HT, IQ, LY, MM, SO, TF, TM, UM, YE
US States: FL, NY, GA, MS, WV, VA, MN, CO, OK, NE, ID, AK, WY

The current list of countries and US states that cannot purchase VCOIN, but can withdraw (NOTE: this list will continuously be updated as regulations change):

Countries: CL, DE, JP, SG
US States: AL, CT, NM

$1.00 = 250 VCOIN

VCOIN is an ERC-20 token on the ethereum blockchain. Ethereum is the world’s most widely used and secure blockchain network.

IMVU also has security measures put into place for your account to ensure your safety. With Two-Factor Authentication (2FA) and Uphold Account verification, VCOIN is stored securely in your VCOIN Wallet.

VCOIN is now available on IMVU Desktop and IMVU Next! This launch features full functionality, including buying, gifting, earning, and transferring to other platforms. To purchase VCOIN, please visit: https://go.imvu.com/store/vcoin

To date, there are no other cryptocurrencies that offer the simplicity and value that VCOIN brings, and this new technology is available FIRST on IMVU, launching in the massive IMVU economy. We believe it can change the very nature of digital and virtual economies through enabling more users to earn on IMVU and beyond.

VCOIN is unique in that it is a cryptocurrency that does not require a complicated cryptowallet. It is built into IMVU and can be easily purchased with a credit card, and immediately used on the platform.

Users can also transfer VCOIN out of IMVU with a few clicks – opening up the endless possibilities of cash, exchanging with other cryptocurrencies, and use in other platforms.

At launch, IMVU will be the first platform where users can transact with VCOIN. Users will be able to purchase, gift, and withdraw VCOIN on IMVU Desktop and IMVU Next. You can also gift and withdraw VCOIN, as well as access your transaction history through the Android version of IMVU Mobile (iOS version coming soon). This allows our users FIRST access to the new offering.

VCOIN, however, can also be taken off-platform and traded with other cryptoholders or used to pay for services outside of IMVU, through Uphold. We expect VCOIN to be used and accepted within many games and virtual communities in the future.

No. VCOIN, like real money, will not expire!

All users are able to purchase, send, and receive VCOIN. To withdraw VCOIN, users must be 18 or older and have an Uphold Account.

VCOIN is IMVU’s newest digital currency. Built on blockchain technology, VCOIN can be purchased, earned, and exchanged within the IMVU platform — most importantly, it can be transferred off the platform and converted to real cash!

A cryptocurrency is a digital asset (and is digital money) that holds real value and can be securely stored, sent, and received through peer-to-peer transactions globally. Through an exchange, like Uphold, it can be converted into cash for real value.

IMVU is creating an economy where users can easily earn real value from the tokens they play with. Unlike Credits, users can convert VCOIN into real money without being in the Earn Money program. On IMVU, users can earn and send each other VCOIN for all kind of digital services such as badge creations, edits, streaming services, or solely as a gift.

VCOIN is not bound to a single platform. While it originates from the IMVU economy, users can also transfer it outside of IMVU and convert it into cash.

IMVU will maintain a consistent purchase and buyback price which should lead to little fluctuation of VCOIN.

At launch, 250 VCOIN will be equivalent to one dollar (USD) or four cents a token.

Anyone wishing to purchase and gift VCOIN can do so on IMVU Desktop and IMVU Next.

Yes, VCOIN is broadly available in the US and in more than 150 countries. And, while at launch, users in a few select states and countries will be unable to buy VCOIN or transfer it out of IMVU, our team is working to quickly expand its availability. However, all users can still send and receive VCOIN from other users while on the IMVU platform.

While you can access VCOIN on all platforms, you can only purchase VCOIN on IMVU Desktop and IMVU Web. Click here to learn how.

The current list of countries and US states that cannot purchase or withdraw VCOIN are as follows (NOTE: this list will continuously be updated as regulations change):

Countries: DZ, BD, BO, CN, CO, EC, EG, HK, ID, IR, IQ, JO, KG, LB, MA, MM, NP, NG, PK, RU, RS, SD, SY, TW
US States: NV, HI, VT, LA

 The current list of countries and US states that can purchase VCOIN, but cannot currently withdraw (NOTE: this list will continuously be updated as regulations change):

Countries: AF, AQ, BI, BV, CD, CG, GQ, GW, HM, HT, IQ, LY, MM, SO, TF, TM, UM, YE
US States: FL, NY, GA, MS, WV, VA, MN, CO, OK, NE, ID, AK, WY

The current list of countries and US states that cannot purchase VCOIN, but can withdraw (NOTE: this list will continuously be updated as regulations change):

Countries: CL, DE, JP, SG
US States: AL, CT, NM

VCOIN is an ERC-20 token on the ethereum blockchain. Ethereum is the world’s most widely used and secure blockchain network.

IMVU also has security measures put into place for your account to ensure your safety. With Two-Factor Authentication (2FA) and Uphold Account verification, VCOIN is stored securely in your VCOIN Wallet.

VCOIN will be available on IMVU Desktop and IMVU Next in January 2021! The launch will feature full functionality, including buying, gifting, earning, and transferring to other platforms.

To date, there are no other cryptocurrencies that offer the simplicity and value that VCOIN brings, and this new technology is available EXCLUSIVELY on IMVU, launching in the massive IMVU economy. We believe it can change the very nature of digital and virtual economies through enabling more users to earn on IMVU.

VCOIN is unique in that it is a cryptocurrency that does not require a complicated cryptowallet. It is built into IMVU and can be easily purchased with a credit card, and immediately used on the platform.

Users can also transfer VCOIN out of IMVU with a few clicks – allowing users to earn real value.

At launch, IMVU will be the only platform where users can transact with VCOIN. Users will be able to purchase, gift, and withdraw VCOIN on IMVU Desktop and IMVU Next. This allows our users FIRST access to the new offering.

VCOIN, however, can also be taken off-platform and converted to cash outside of IMVU, through our partners at Uphold.

No. VCOIN, like real money, will not expire!

All users are able to purchase, send, and receive VCOIN. To withdraw VCOIN, users must be 18 or older and have an Uphold Account.

Download IMVU

IMVU Desktop

IMVU Mobile