Vai Price Reaches $1.00 (VAI)

Vai (VAI) traded 0% higher against the US dollar during the twenty-four hour period ending at 8:00 AM E.T. on October 27th. One Vai token can now be purchased for approximately $1.00 or 0.00001489 BTC on exchanges. During the last seven days, Vai has traded 0% higher against the US dollar. Vai has a market cap of $4.86 million and $2,255.82 worth of Vai was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• 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 1.2% higher 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% higher against the dollar and now trades at $67,016.02 or 0.99897609 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% higher against the dollar and now trades at $66,962.69 or 0.99818111 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Vai

Vai was first traded on November 16th, 2020. Vai’s total supply is 4,867,105 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 Twitter account is @venusprotocol and its Facebook page is accessible here. Vai’s official message board is medium.com/venusprotocol.

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 trade Vai should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Vai using one of the exchanges listed above.

VAI/USD price chart by TradingView