Vai (VAI) Tops 1-Day Trading Volume of $28,598.43

Vai (VAI) traded down 0% against the US dollar during the one day period ending at 13:00 PM ET on May 5th. One Vai token can now be purchased for approximately $1.00 or 0.00001554 BTC on major cryptocurrency exchanges. In the last week, Vai has traded 0.1% lower against the US dollar. Vai has a market capitalization of $5.65 million and $28,598.43 worth of Vai was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded up 0.4% against the dollar and now trades at $0.30 or 0.00000467 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher 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 down 0.9% against the dollar and now trades at $0.0100 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Vai

Vai’s genesis date was November 16th, 2020. Vai’s total supply is 5,660,507 tokens. 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. Vai’s official website 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.”

Buying and Selling Vai

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

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