Vai Market Cap Hits $4.76 Million (VAI)

Vai (VAI) traded 0.1% lower against the U.S. dollar during the 24-hour period ending at 10:00 AM Eastern on September 16th. One Vai token can currently be purchased for approximately $1.00 or 0.00001730 BTC on major cryptocurrency exchanges. During the last week, Vai has traded down 0.1% against the U.S. dollar. Vai has a total market capitalization of $4.76 million and approximately $4,786.16 worth of Vai was traded on exchanges in the last day.

Here is how related 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 up 1.2% 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 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 12.3% lower against the dollar and now trades at $0.0454 or 0.00000078 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Vai Profile

Vai launched on November 16th, 2020. Vai’s total supply is 4,722,497 tokens and its circulating supply is 4,765,896 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 website is venus.io. 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.”

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 Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Vai using one of the exchanges listed above.

VAI/USD price chart by TradingView