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Venus Price in India (XVS)

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XVS to INR Converter

As per last price at 00:00:00, 01/01/70

INR

XVS

TRADE XVS NOW

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XVS Performance

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XVS Market Information

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XVS Price Today

The live price of Venus is ₹ 0 per (XVS / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. XVS to INR price is updated in real-time. Venus is +0% in the last 24 hours with a circulating supply of .

About Venus (XVS)

What is Venus (XVS)?

Venus is a decentralized finance (DeFi) protocol that provides a platform for borrowing and lending cryptos, as well as minting stablecoins. Built on Binance Smart Chain, Venus allows users to deposit assets to earn interest or borrow against collateral. The XVS token is the native governance token of the protocol, enabling users to vote on proposals and participate in protocol management.

Who founded Venus?

Venus was launched in 2020 by the Swipe project team, led by Joselito Lizarondo. The protocol aims to create a decentralized, efficient, and scalable DeFi ecosystem for borrowing and lending services.

Primary features of Venus (XVS)

• Lending and borrowing: Users can deposit assets to earn interest or borrow against collateral.

• Stablecoin minting: Mint VAI, a decentralized stablecoin pegged to the US dollar.

• Governance: XVS token holders can vote on protocol decisions and updates.

• Low transaction costs: Built on Binance Smart Chain for fast and cost-effective operations.

Is XVS a promising cryptocurrency?

Venus is a significant player in the DeFi space, offering a versatile platform for lending, borrowing, and stablecoin minting. Ranked among the top 450 cryptos by market cap, XVS has strong growth potential. Analysts predict a bright future for XVS as it addresses the growing demand for decentralized financial services.

You can buy XVS from crypto exchanges like CoinSwitch.

How do I use Venus (XVS)?

• Lending: Deposit crypto assets on Venus to earn interest.

• Borrowing: Use your assets as collateral to borrow other cryptos.

• Governance: Vote on proposals and protocol updates using XVS tokens.

• Stablecoin minting: Mint VAI, a decentralized stablecoin, on the platform.

Pros & Cons of Venus (XVS)

Pros

• Provides decentralized lending and borrowing services with competitive interest rates.

• Built on Binance Smart Chain, ensuring low transaction fees and high scalability.

• Offers governance opportunities for XVS token holders.

Cons

• Faces competition from other DeFi protocols like Aave and Compound.

• Adoption depends on the growth of decentralized finance on Binance Smart Chain.

• Prone to market volatility, as it is tied to the performance of the DeFi sector.

How to trade XVS on CoinSwitch

• Start investing in XVS with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for all users.

• Easily manage your transactions and portfolios on the app.

Venus (XVS) ICO summary

Venus (XVS) is a decentralized lending and synthetic stablecoin protocol built on the Binance Smart Chain (BSC). The platform enables users to supply collateral, earn interest, and borrow assets, as well as mint the VAI stablecoin by leveraging their crypto holdings. The native governance token, XVS, has a total supply of 30 million tokens. Token distribution includes 20% allocated to investors, with the remaining 80% designated for other purposes, such as ecosystem development and community incentives. XVS tokens are utilized for governance decisions, allowing holders to propose and vote on protocol changes, thereby ensuring a decentralized and community-driven development process.

Bitcoin Resources

1. How do I buy Venus?
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To buy Venus, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Venus.

Step 3:

Once you find Venus and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Venus?
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The price of 1 Venus is ₹0.

Note: Venus prices are subject to change in the future based on market trends.

3. What is the price of Venus today?
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The current price of 1 Venus is ₹0.

Note: Venus prices are subject to change in the future based on market trends.

4. Can I buy Venus for ₹100?
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Yes! You can buy Venus for as low as ₹100 on the CoinSwitch app.
5. How much is 1 Venus in rupees?
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The current value of 1 XVS is ₹0.
6. What is the current trend in Venus?
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XVS has been NaN% in the last 24 hours.

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XVS to INR Converter

As per last price at 00:00:00, 01/01/70

INR

XVS

TRADE XVS NOW

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