Vai (VAI) Hits Market Capitalization of $4.31 Million

Vai (VAI) traded up 0% against the US dollar during the 24-hour period ending at 9:00 AM ET on August 2nd. Vai has a total market cap of $4.31 million and approximately $47,433.36 worth of Vai was traded on exchanges in the last 24 hours. One Vai token can currently be purchased for $1.00 or 0.00001542 BTC on exchanges. In the last week, Vai has traded 0% lower against the US dollar.

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

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded down 12.1% against the dollar and now trades at $0.0873 or 0.00000135 BTC.

About Vai

Vai’s genesis date was November 16th, 2020. Vai’s total supply is 4,315,410 tokens. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. The official website for Vai is venus.io. The official message board for Vai is medium.com/venusprotocol.

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 presently possible to purchase alternative cryptocurrencies such as Vai directly using US dollars. Investors seeking to trade Vai should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Vai using one of the exchanges listed above.

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