Vai Reaches 24-Hour Trading Volume of $1,949.70 (VAI)

Vai (VAI) traded 0.1% higher against the US dollar during the 1 day period ending at 11:00 AM E.T. on August 24th. One Vai token can now be bought for approximately $1.00 or 0.00001560 BTC on major exchanges. Vai has a market cap of $4.65 million and $1,949.70 worth of Vai was traded on exchanges in the last day. During the last week, Vai has traded 0.2% higher against the US dollar.

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

• 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.
• 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 4.9% against the dollar and now trades at $0.0564 or 0.00000088 BTC.
• P2P Solutions foundation (P2PS) traded up 3.6% against the dollar and now trades at $158.21 or 0.00246606 BTC.

About Vai

Vai’s genesis date was November 16th, 2020. Vai’s total supply is 4,646,308 tokens. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. Vai’s official message board is medium.com/venusprotocol. 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 currently possible to buy alternative cryptocurrencies such as Vai directly using U.S. dollars. Investors seeking to trade Vai should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Vai using one of the aforementioned exchanges.

VAI/USD price chart by TradingView