Venus Price Tops $6.99 on Major Exchanges (XVS)

Venus (XVS) traded 0.6% higher against the US dollar during the 1 day period ending at 7:00 AM ET on October 27th. Venus has a market cap of $114.53 million and $3.24 million worth of Venus was traded on exchanges in the last 24 hours. One Venus token can currently be purchased for about $6.99 or 0.00010422 BTC on major cryptocurrency exchanges. During the last seven days, Venus has traded down 5.6% against the US dollar.

Here is how other cryptocurrencies have performed during 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 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 1.2% higher 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 up 0.1% against the dollar and now trades at $66,989.37 or 0.99899971 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.1% against the dollar and now trades at $66,929.68 or 0.99810961 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Venus Token Profile

Venus was first traded on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,386,840 tokens. The official website for Venus is venus.io. Venus’ official message board is community.venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here.

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.”

Buying and Selling Venus

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

XVS/USD price chart by TradingView