Venus (XVS) One Day Volume Tops $14.17 Million

Venus (XVS) traded up 14.1% against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on March 2nd. One Venus token can now be bought for about $7.79 or 0.00008514 BTC on popular cryptocurrency exchanges. Venus has a total market cap of $129.19 million and $14.17 million worth of Venus was traded on exchanges in the last day. Over the last seven days, Venus has traded 7.1% lower against the U.S. dollar.

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

• Taiko (TAIKO) traded up 2.7% against the dollar and now trades at $1.00 or 0.00001093 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 5.3% higher against the dollar and now trades at $89,166.17 or 0.97407720 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.3% higher against the dollar and now trades at $86,410.99 or 0.94397879 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Venus Token Profile

Venus’ launch date was November 20th, 2020. Venus’ total supply is 30,000,000 tokens and its circulating supply is 16,576,934 tokens. Venus’ official Twitter account is @venusprotocol and its Facebook page is accessible here. The Reddit community for Venus is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed 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 currently possible to buy alternative cryptocurrencies such as Venus directly using US dollars. Investors seeking to trade Venus should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Venus using one of the aforementioned exchanges.

XVS/USD price chart by TradingView