Vai (VAI) Market Capitalization Hits $5.37 Million

Vai (VAI) traded 0.2% higher against the dollar during the 24-hour period ending at 7:00 AM Eastern on November 10th. In the last week, Vai has traded up 0.3% against the dollar. One Vai token can now be purchased for approximately $1.00 or 0.00001261 BTC on popular exchanges. Vai has a total market capitalization of $5.37 million and approximately $132,480.24 worth of Vai was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in 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 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.
• SolvBTC (SOLVBTC) traded 3.8% higher against the dollar and now trades at $79,281.31 or 0.99915347 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.7% against the dollar and now trades at $79,110.76 or 0.99700415 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Vai Profile

Vai’s launch date was November 16th, 2020. Vai’s total supply is 5,366,915 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 Twitter account is @venusprotocol and its Facebook page is accessible here. The official message board for Vai is medium.com/venusprotocol. The official website for Vai is venus.io.

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

VAI/USD price chart by TradingView