Venus Price Tops $6.71 on Top Exchanges (XVS)

Venus (XVS) traded 8.5% higher against the U.S. dollar during the 1-day period ending at 15:00 PM Eastern on August 17th. One Venus token can now be bought for $6.71 or 0.00011283 BTC on popular exchanges. Venus has a market capitalization of $108.70 million and approximately $3.34 million worth of Venus was traded on exchanges in the last 24 hours. In the last seven days, Venus has traded up 5.5% against the U.S. dollar.

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

• 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 1.9% higher 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.
• 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 2.1% against the dollar and now trades at $0.0137 or 0.00000023 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 up 0% against the dollar and now trades at $0.0481 or 0.00000081 BTC.

Venus Token Profile

Venus was first traded on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,200,177 tokens. The official website for Venus is venus.io. The official message board for Venus is community.venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here.

According to CryptoCompare, “Venus Protocol is a decentralized finance (DeFi) lending and borrowing platform deployed on the BNB Chain. Created by the Swipe project team, led by Joselito Lizarondo, it combines the features of Maker and Compound to offer a user-friendly DeFi experience. The native governance token, XVS, is used for voting, staking, and participating in the protocol’s governance. Venus Protocol focuses on risk management, decentralization, and user experience improvements in its latest version (V4), introducing features like Isolated Pools and the Resilient Price Oracle to enhance its capabilities.”

Buying and Selling Venus

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

XVS/USD price chart by TradingView