Vai (VAI) Market Cap Tops $5.05 Million

Vai (VAI) traded up 0% against the U.S. dollar during the 1-day period ending at 13:00 PM ET on April 27th. One Vai token can currently be bought for approximately $1.00 or 0.00001592 BTC on major cryptocurrency exchanges. During the last seven days, Vai has traded up 0.1% against the U.S. dollar. Vai has a total market capitalization of $5.05 million and approximately $3,088.64 worth of Vai was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded down 8.8% against the dollar and now trades at $0.29 or 0.00000470 BTC.
  • 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.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.2% higher against the dollar and now trades at $0.0096 or 0.00000015 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Vai Token Profile

Vai was first traded on November 16th, 2020. Vai’s total supply is 5,057,646 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. Vai’s official message board 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.”

Vai Token Trading

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

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