Vai Price Reaches $1.00 (VAI)

by · The Markets Daily

Vai (VAI) traded up 0.2% against the dollar during the twenty-four hour period ending at 21:00 PM E.T. on November 1st. One Vai token can currently be bought for approximately $1.00 or 0.00001434 BTC on popular exchanges. In the last seven days, Vai has traded down 0% against the dollar. Vai has a total market cap of $4.16 million and approximately $76,625.58 worth of Vai was traded on exchanges in the last day.

Here is how related 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 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 down 2.2% 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.
  • SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $69,563.11 or 0.99882047 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 0.8% lower against the dollar and now trades at $69,460.43 or 0.99734610 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Vai

Vai’s launch date was November 16th, 2020. Vai’s total supply is 4,170,506 tokens. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. The official message board for Vai is medium.com/venusprotocol. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. 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.”

Vai Token Trading

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

VAI/USD price chart by TradingView