What is the current price of Venus (XVS)?

The current price of Venus (XVS) is 8.511621790023991 AUD, representing a -0.23 from the day prior.

Can I buy Venus (XVS) on Coinstash?

Yes - you can easily buy and sell Venus (XVS) on Coinstash. Simply login or sign up, to start buying Venus (XVS) in minutes.

Where is the best place to buy Venus (XVS) in Australia?

The best place to buy Venus (XVS) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Venus (XVS) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Venus (XVS)?

The trading volume of Venus (XVS) is 11.1M AUD in the last 24hrs, representing a -0.23 from the day prior.

How can I buy Venus (XVS)?

Venus (XVS) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Venus (XVS)?

The current market cap of Venus (XVS) is 141.7M AUD.

Can I convert Venus (XVS) to cash?

Yes - With Coinstash you can convert your Venus (XVS) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Venus (XVS) are there?

The current circulating supply of Venus (XVS) is 16.7M.

Is Coinstash a safe place to buy Venus (XVS) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Venus (XVS) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Venus (XVS)

What is Venus?

Venus is an algorithmic money market and synthetic stablecoin protocol exclusively developed on the Binance Smart Chain (BSC). It allows users to engage in high-speed borrowing against collateral while minimizing transaction fees. Additionally, users can mint VAI stablecoins almost instantaneously by posting at least 200% collateral to the Venus smart contract.

How does Venus work?

Venus operates on the Binance Smart Chain using a hybrid consensus mechanism called Proof of Staked Authority (PoSA) which combines Proof of Stake (PoS) and Proof of Authority (PoA). It integrates functionalities from existing DeFi projects like Compound and MakerDAO to facilitate lending, borrowing, and minting stablecoins. The XVS token is used for governance within the Venus ecosystem, letting holders vote on important changes and protocol upgrades.

What are the potential use cases for Venus?

Venus serves multiple financial functions, such as decentralized lending and borrowing, synthetic stablecoin creation, and liquidity mining. It is also integrated into gaming ecosystems to support in-game purchases and transactions through collaborations with platforms such as EggDrop and GOMBLE Games. Furthermore, it offers liquidity mining and yield farming, enhancing cross-chain compatibility in the DeFi space.

What is the history of Venus?

Launched in 2020 by Swipe, a prominent cryptocurrency credit card issuer, Venus was created to link traditional and decentralised finance. Major events in its history include its CertiK audit in December 2020, and a significant V4 upgrade in November 2022, which improved risk management and governance. It was developed by drawing insights from platforms such as Compound and MakerDAO and has maintained a strong market presence with integrations across various DeFi platforms.