Vai Price Reaches $1.00 (VAI)

Vai (VAI) traded 0.3% higher against the US dollar during the 24 hour period ending at 8:00 AM E.T. on March 6th. One Vai token can currently be bought for about $1.00 or 0.00001108 BTC on exchanges. Vai has a total market cap of $2.68 million and approximately $3,445.62 worth of Vai was traded on exchanges in the last day. In the last seven days, Vai has traded up 0.1% against the US dollar.

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

  • Taiko (TAIKO) traded up 0.1% against the dollar and now trades at $0.83 or 0.00000922 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded up 0.4% against the dollar and now trades at $90,223.41 or 1.00127486 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded up 0.3% against the dollar and now trades at $89,844.66 or 0.99707159 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Vai

Vai’s launch date was November 16th, 2020. Vai’s total supply is 2,678,791 tokens. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here. Vai’s official message board is medium.com/venusprotocol. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed 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.”

Buying and Selling Vai

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

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