Vai (VAI) Market Cap Hits $4.28 Million

Vai (VAI) traded 0% higher against the US dollar during the 24 hour period ending at 8:00 AM Eastern on October 5th. One Vai token can currently be purchased for about $1.00 or 0.00001606 BTC on exchanges. Vai has a market capitalization of $4.28 million and approximately $76,394.66 worth of Vai was traded on exchanges in the last day. During the last week, Vai has traded down 0.2% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 10.1% against the dollar and now trades at $0.0413 or 0.00000066 BTC.
• P2P Solutions foundation (P2PS) traded up 1.4% against the dollar and now trades at $156.64 or 0.00251781 BTC.

Vai Token Profile

Vai’s launch date was November 16th, 2020. Vai’s total supply is 4,278,440 tokens. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. The official website for Vai is venus.io. The official message board for Vai 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.”

Vai Token Trading

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

VAI/USD price chart by TradingView