Vai Achieves Market Capitalization of $56.00 Million (VAI)

Vai (VAI) traded 0.1% lower against the U.S. dollar during the 24 hour period ending at 8:00 AM ET on March 19th. In the last week, Vai has traded up 2.9% against the U.S. dollar. One Vai token can currently be purchased for $0.97 or 0.00003558 BTC on popular exchanges. Vai has a market cap of $56.00 million and approximately $4,752.42 worth of Vai was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded down 7.2% against the dollar and now trades at $0.41 or 0.00001486 BTC.
• Aidi Finance (BSC) (AIDI) traded down 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2% lower against the dollar and now trades at $0.0680 or 0.00000251 BTC.
• CareCoin (CARES) traded down 2% against the dollar and now trades at $0.0844 or 0.00000311 BTC.
• OmniaVerse (OMNIA) traded up 38.7% against the dollar and now trades at $0.0012 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded 2% lower against the dollar and now trades at $100.97 or 0.00371989 BTC.
• FEG Token (FEG) traded down 2% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 3.1% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 2% against the dollar and now trades at $7,338.91 or 0.27037433 BTC.
• Lego Coin (LEGO) traded down 8.5% against the dollar and now trades at $0.0164 or 0.00000060 BTC.

Vai Profile

Vai was first traded on November 16th, 2020. Vai’s total supply is 57,498,554 tokens. 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. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here.

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 presently possible to purchase alternative cryptocurrencies such as Vai directly using US dollars. Investors seeking to trade Vai should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, 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