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Due to recent regulatory changes in Australia, CoinSpot can no longer offer their trading services to Unverified International Accounts.

Please note, you have not lost access to your CoinSpot account or your current balance, but there are restrictions in place whereby Buying, Selling and Trading activity has now been disabled.

You are still able to withdraw your holdings from your CoinSpot account. Please arrange to withdraw your balance to your own personal wallet or alternative exchange as soon as you are able to.

If you have any further questions or require assistance with your withdrawals, please contact helpme@coinspot.com.au.

You must have an account and be logged in to sell XVS
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$4.1740

  -1.90%

Sell max ($10,000) Change to AUD

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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 sell Venus?

1.
Enter the amount of Venus (or Australian Dollar equivalent) that you would like to sell.
2.
Click ’Sell’ to confirm your Venus sale and your Venus will process within minutes.
Don't have an account? Click here.