Venus Tops 24-Hour Trading Volume of $6.32 Million (XVS)

Venus (XVS) traded 0.6% lower against the US dollar during the 24 hour period ending at 12:00 PM ET on March 22nd. One Venus token can currently be purchased for $5.97 or 0.00007104 BTC on popular cryptocurrency exchanges. In the last seven days, Venus has traded up 8.6% against the US dollar. Venus has a total market capitalization of $99.10 million and approximately $6.32 million worth of Venus was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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.
• 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.
• SolvBTC (SOLVBTC) traded 0.3% higher against the dollar and now trades at $83,943.71 or 0.99890975 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $83,360.70 or 0.99197213 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Venus

Venus’ launch date was November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,599,817 tokens. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. Venus’ official message board is community.venus.io. The Reddit community for Venus is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. Venus’ official website is venus.io.

According to CryptoCompare, “Venus Protocol is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart Chain.Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block, while the borrower pays interest on the cryptocurrency borrowed. These interest rates are set by the protocol in a curve yield, where the rates are automated based on the demand of the specific market, such as Bitcoin.TelegramWhitepaper”

Venus Token Trading

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

XVS/USD price chart by TradingView