Vai Achieves Market Cap of $4.28 Million (VAI)

Vai (VAI) traded 0.1% higher against the US dollar during the 1-day period ending at 21:00 PM E.T. on July 30th. Over the last seven days, Vai has traded down 0.1% against the US dollar. One Vai token can currently be purchased for $1.00 or 0.00001507 BTC on popular cryptocurrency exchanges. Vai has a total market capitalization of $4.28 million and $25,838.08 worth of Vai was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 1% lower against the dollar and now trades at $0.18 or 0.00000271 BTC.
• 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 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 3.1% lower against the dollar and now trades at $0.0130 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Vai Profile

Vai was first traded on November 16th, 2020. Vai’s total supply is 4,283,145 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 message board is medium.com/venusprotocol. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. 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 US dollars. Investors seeking to acquire Vai should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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