Vai Market Cap Hits $5.05 Million (VAI)

Vai (VAI) traded 0% higher against the dollar during the 24-hour period ending at 7:00 AM E.T. on April 27th. In the last week, Vai has traded down 0.2% against the dollar. Vai has a total market capitalization of $5.05 million and approximately $4,398.83 worth of Vai was traded on exchanges in the last 24 hours. One Vai token can now be bought for about $1.00 or 0.00001590 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded down 1.3% against the dollar and now trades at $0.32 or 0.00000507 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 2.2% higher against the dollar and now trades at $0.0096 or 0.00000015 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Vai Token Profile

Vai was first traded on November 16th, 2020. Vai’s total supply is 5,057,646 tokens. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. Vai’s official website is venus.io. Vai’s official message board is medium.com/venusprotocol. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here.

According to CryptoCompare, “VAI is Venus Protocol’s native decentralized stablecoin that is minted and redeemed directly on the Venus platform running on Binance Smart Chain.

The Venus Protocol will enable users to mint VAI (VAI), a synthetic stablecoin based on the price of $1 USD, by using the vTokens from the underlying collateral that they have previously supplied to the protocol. Users can borrow up to 50% of the remaining collateral value they have on the protocol from their vTokens to mint VAI.”

Buying and Selling Vai

It is usually not currently possible to buy alternative cryptocurrencies such as Vai directly using U.S. dollars. Investors seeking to acquire Vai should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Vai using one of the aforementioned exchanges.

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