Buy Venus (XVS)

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What is Venus?

Venus (XVS) is building a Decentralised Finance (DeFi) marketplace on Binance Smart Chain to enable digital asset lending and generation of synthetic stablecoins.

  • The platform looks to provide over-collateralised lending, interest earning and ability to mint VAI - the protocol's default synthetic stablecoin.
  • Collateral provided to Venus will be represented by vTokens, for example BTC provided will become vBTC.
  • XVS is the governance token of the platform and is primarily used for voting in various decisions such as product improvement, integration and changes in parameters.

The Venus team have observed that DeFi protocols are primarily built on Ethereum, which they believe have become costly, slow, and has caused pain points in user experience. By leveraging Binance Smart Chain, the team believe they are able to provide a high speed and low cost alternative protocol.

How do I buy Venus?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for XVS and click "Buy".
That’s it!
You now own some Venus! You can click "Go to XVS Wallet" to see your Venus.

Learn more about Venus

Why Should I Trade XVS with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Venus no matter what your trading experience is. Unlike other international and Australian Venus exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Venus with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Venus how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Venus?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Venus for free.

Cold Storage

If you are holding Venus as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Venus. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Venus. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Venus has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Venus is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Venus exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Venus & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Venus safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Venus portfolio here.
Yes! With CoinSpot you can convert your Venus to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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