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How to buy Vai (VAI) in the US

Learn how to buy Vai (VAI) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

Vai
VAI- USD
$0.94
+ $0.01 ( + 1.20%)
DEFI

How to buy Vai

1. Compare crypto exchanges

The easiest way to buy Vai is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency, paypal, wire transfer and credit or debit card payments are all widely accepted.

4. Buy Vai

You can now exchange your funds for Vai. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Vai to your personal wallet.

Where to buy Vai

Find an exchange to buy, sell and trade VAI by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

495
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

962
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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Compare up to 4 providers

Steps on how to buy Vai

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Vai.

  1. Compare cryptocurrency exchanges that supports VAI.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Vai.
  4. Buy Vai.
    Complete your Vai purchase and then find the best wallet to store VAI.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying Vai

When buying a stablecoin such as VAI, it’s important to consider all aspects of the associated platform and how the stablecoin intends to keep prices stable. Here are some of the key considerations:
  • Price. VAI is a form of stablecoin, which means its value should remain at USD$1. As a result, the coin is not for investors who are looking to buy cryptocurrencies for potential capital gains. Rather, it was designed so that holders of collateral within the Venus protocol could keep that collateral liquid.
  • Synthetic stablecoin. VAI is a synthetic stablecoin, meaning there are no underlying fiat reserves that guarantee the value of each token. The underlying value of each VAI token is generated by vTokens, which are distributed to liquidity providers. Users are allowed to deposit 50% of their collateral to mint VAI.
  • VAI vs XVS. While VAI is the stablecoin of the Venus Protocol, XVS, or Venus Token, is used for governance. XVS token holders can change the parameters of VAI, such as the maximum supply, interest fees, the liquidation price as determined by the collateral ratio, and the penalty percentage if a loan cannot be repaid.

How to sell Vai

You can cash out your VAI with the same exchange you bought it through:

  1. Sign in to the exchange you have VAI on.
    If you store your Vai in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of VAI you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Vai.

Disclaimer: Cryptocurrencies, including Vai, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of VAI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Vai or any other cryptocurrency discussed.

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