Venus (XVS) Reaches Market Cap of $136.35 Million

Venus (XVS) traded 1.5% higher against the dollar during the 1-day period ending at 13:00 PM E.T. on September 23rd. During the last week, Venus has traded up 0.9% against the dollar. One Venus coin can now be bought for $4.55 or 0.00024141 BTC on major cryptocurrency exchanges. Venus has a market cap of $136.35 million and $2.27 million worth of Venus was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0491 or 0.00000261 BTC.
  • CareCoin (CARES) traded down 99.8% against the dollar and now trades at $0.0610 or 0.00000324 BTC.
  • OmniaVerse (OMNIA) traded up 5.2% against the dollar and now trades at $0.0044 or 0.00000023 BTC.
  • Euro Coin (EUROC) traded down 0% against the dollar and now trades at $0.83 or 0.00004409 BTC.
  • Jeff in Space (JEFF) traded flat against the dollar and now trades at $2.07 or 0.00010990 BTC.
  • Lumi Credits (LUMI) traded 1.4% higher against the dollar and now trades at $0.0149 or 0.00000079 BTC.
  • AXIA Coin (AXC) traded 0% higher against the dollar and now trades at $13.43 or 0.00070385 BTC.
  • MVP Coin (MVP) traded 28.6% lower against the dollar and now trades at $2,053.00 or 0.10760105 BTC.
  • Tarality (TARAL) traded down 11.3% against the dollar and now trades at $0.0008 or 0.00000004 BTC.
  • The Web3 Project (WEB3) traded 213.7% higher against the dollar and now trades at $517.71 or 0.02213862 BTC.

Venus Profile

Venus was first traded on September 28th, 2020. Venus’ total supply is 30,000,000 coins. Venus’ official Twitter account is @VsyncCrypto and its Facebook page is accessible here. The official website for Venus is venus.io. The official message board for Venus is medium.com/venusprotocol.

According to CryptoCompare, “Venus Protocol is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart Chain.Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block, while the borrower pays interest on the cryptocurrency borrowed. These interest rates are set by the protocol in a curve yield, where the rates are automated based on the demand of the specific market, such as Bitcoin.TelegramWhitepaper”

Venus Coin Trading

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

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