Vai Market Cap Hits $3.78 Million (VAI)

Vai (VAI) traded 0% higher against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on October 11th. One Vai token can now be bought for about $1.00 or 0.00001589 BTC on popular exchanges. Vai has a market cap of $3.78 million and $84,895.16 worth of Vai was traded on exchanges in the last day. During the last week, Vai has traded 0% higher against the U.S. dollar.

Here is how similar 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 2.2% lower 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 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 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.
• MVP Coin (MVP) traded 5.6% higher against the dollar and now trades at $0.0541 or 0.00000087 BTC.
• P2P Solutions foundation (P2PS) traded up 2.3% against the dollar and now trades at $158.59 or 0.00252200 BTC.

About Vai

Vai was first traded on November 16th, 2020. Vai’s total supply is 3,779,903 tokens. Vai’s official website is venus.io. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. Vai’s official message board 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 purchase alternative cryptocurrencies such as Vai directly using U.S. dollars. Investors seeking to acquire Vai should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini 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