Vai (VAI) Price Reaches $1.00 on Major Exchanges

Vai (VAI) traded 0.2% higher against the US dollar during the 1 day period ending at 7:00 AM Eastern on November 5th. Vai has a market capitalization of $4.29 million and approximately $11,837.45 worth of Vai was traded on exchanges in the last day. During the last week, Vai has traded 0.1% higher against the US dollar. One Vai token can currently be purchased for about $1.00 or 0.00001451 BTC on major cryptocurrency exchanges.

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

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.2% lower against the dollar and now trades at $68,646.11 or 0.99645770 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.1% against the dollar and now trades at $68,588.54 or 0.99562202 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’s launch date was November 16th, 2020. Vai’s total supply is 4,290,116 tokens. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. Vai’s official website is venus.io. The official message board for Vai is medium.com/venusprotocol. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible 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.”

Vai Token Trading

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

VAI/USD price chart by TradingView