Vai Hits Market Capitalization of $4.65 Million (VAI)

Vai (VAI) traded down 0.2% against the US dollar during the 24 hour period ending at 15:00 PM E.T. on October 12th. Over the last seven days, Vai has traded down 0.2% against the US dollar. Vai has a market cap of $4.65 million and approximately $10,714.16 worth of Vai was traded on exchanges in the last day. One Vai token can now be purchased for about $1.00 or 0.00001584 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over 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 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.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 4.6% against the dollar and now trades at $0.0516 or 0.00000082 BTC.
• P2P Solutions foundation (P2PS) traded 0.4% higher against the dollar and now trades at $159.98 or 0.00254004 BTC.

Vai Profile

Vai’s launch date was November 16th, 2020. Vai’s total supply is 4,662,959 tokens. Vai’s official website is venus.io. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. Vai’s official message board 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.”

Buying and Selling Vai

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

VAI/USD price chart by TradingView