Venus (XVS) Price Tops $3.95 on Exchanges

Venus (XVS) traded 0.5% lower against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on November 24th. One Venus token can currently be purchased for about $3.95 or 0.00023912 BTC on popular exchanges. During the last week, Venus has traded down 2.7% against the US dollar. Venus has a total market capitalization of $48.03 million and approximately $1.95 million worth of Venus was traded on exchanges in the last day.

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

  • KILT Protocol (KILT) traded down 13.1% against the dollar and now trades at $0.37 or 0.00002224 BTC.
  • Aidi Finance (BSC) (AIDI) traded up 7.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded up 1.6% against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded up 4% against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded up 3% against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded up 3.1% against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 15.4% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 1.6% higher against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

About Venus

Venus launched on September 28th, 2020. Venus’ total supply is 29,745,110 tokens and its circulating supply is 12,170,524 tokens. Venus’ official website is venus.io. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. The official message board for Venus is community.venus.io.

According to CryptoCompare, “Venus Protocol is an algorithmic-based money market system designed to bring a complete decentralized finance-based lending and credit system onto Binance Smart Chain.Venus enables users to utilize their cryptocurrencies by supplying collateral to the network that may be borrowed by pledging over-collateralized cryptocurrencies. This creates a secure lending environment where the lender receives a compounded interest rate annually (APY) paid per block, while the borrower pays interest on the cryptocurrency borrowed. These interest rates are set by the protocol in a curve yield, where the rates are automated based on the demand of the specific market, such as Bitcoin.TelegramWhitepaper”

Venus Token Trading

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

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