Venus 1-Day Trading Volume Tops $2.43 Million (XVS)

Venus (XVS) traded down 4.7% against the U.S. dollar during the 1 day period ending at 0:00 AM ET on October 31st. One Venus token can now be bought for approximately $6.59 or 0.00009488 BTC on popular exchanges. During the last week, Venus has traded 6.5% lower against the U.S. dollar. Venus has a market capitalization of $108.03 million and $2.43 million worth of Venus was traded on exchanges in the last day.

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

• 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 down 2.2% 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 2.2% lower 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 3.7% lower against the dollar and now trades at $69,496.11 or 1.00072302 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.7% lower against the dollar and now trades at $69,460.11 or 1.00020462 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 launched on November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,395,057 tokens. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. The official message board for Venus is community.venus.io. Venus’ official website is venus.io.

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 acquire Venus should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Venus using one of the exchanges listed above.

XVS/USD price chart by TradingView