Vai Price Reaches $1.00 on Major Exchanges (VAI)

Vai (VAI) traded up 0% against the U.S. dollar during the 24-hour period ending at 18:00 PM ET on October 24th. One Vai token can now be purchased for $1.00 or 0.00001462 BTC on major cryptocurrency exchanges. Over the last seven days, Vai has traded 0% higher against the U.S. dollar. Vai has a market cap of $4.59 million and approximately $1,411.38 worth of Vai was traded on exchanges in the last day.

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 2.2% lower 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 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.
• 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 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 1.4% higher against the dollar and now trades at $164.30 or 0.00240476 BTC.

Vai Profile

Vai’s genesis date was November 16th, 2020. Vai’s total supply is 4,594,715 tokens. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. 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. The official message board for Vai 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 presently 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 GDAX, Changelly or Coinbase. 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