Venus (XVS) Trading Down 6.3% This Week

Venus (XVS) traded 2.5% lower against the dollar during the twenty-four hour period ending at 8:00 AM E.T. on November 2nd. One Venus token can now be purchased for about $6.50 or 0.00009341 BTC on popular exchanges. In the last seven days, Venus has traded 6.3% lower against the dollar. Venus has a total market cap of $106.62 million and $1.95 million worth of Venus was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.5% lower against the dollar and now trades at $69,610.83 or 1.00000868 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.4% lower against the dollar and now trades at $69,498.66 or 0.99839717 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Venus Profile

Venus was first traded on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,396,030 tokens. Venus’ official website is venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. Venus’ official message board is community.venus.io.

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.”

Venus Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to acquire Venus should first purchase 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 purchase Venus using one of the exchanges listed above.

XVS/USD price chart by TradingView