How to buy Venus (XVS) in Australia

Learn how to buy Venus (XVS) easily by following a step-by-step guide and compare 10+ crypto exchanges.

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How to buy Venus

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

  1. Open an account on an exchange that supports XVS.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. 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 Venus.
  3. Buy Venus.
    Complete your Venus purchase and then find the best wallet to store XVS.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Venus?

XVS is the native governance token of Venus. According to its website, Venus is a DeFi money market protocol launched by Binance on the Binance Smart Chain (BSC). It enables users to generate synthetic stablecoins backed by a basket of BEP-20 tokens to mint VAI, a synthetic stablecoin pegged to the US dollar. The objective of Binance’s open blockchain project is to enable developed and developing nations to mint new currencies. The best use cases for the project are to enable users to borrow against collateral at a high speed and to earn interest by lending collateral to the protocol. The collateral provided is represented by vTokens, which the user can use to redeem the underlying asset or to borrow against. The protocol allows users to borrow up to 75% of the collateral value available on the protocol as vTokens to mint VAI. Users can stake their Binance Coin (BCB), Binance Stablecoin (BUSD) and Swipe (SXP) tokens to different protocols and farm XVS tokens.

Venus (XVS) is the 299th largest cryptocurrency in the world by market cap, valued at $257,874,320. The current price of Venus is $22.27, which is 2.635% higher than yesterday. Prices have ranged between $22.38 and $21.01 over the past 24 hours. All prices are listed in US dollars and accurate as of December 02, 2021 10:12 UTC.

Where to buy Venus

Find an exchange to buy, sell and trade XVS 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
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

293
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

310
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

271
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID
AUD

123
cryptocurrencies

Buy 120+ different cryptocurrencies using AUD with competitive trading fees in the Australian market.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

172
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Buy 170+ cryptocurrencies with fast-growth portfolio insights, and the ability to swap any coin to any other instantly.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

870
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens 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

Is it a good time to buy Venus?

The technical analysis gauge for Venus displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Venus based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Venus: moving averages, oscillators and pivots. Finder is not responsible for how XVS performs.


Venus at a glance

Information last updated December 02, 2021 10:12 UTC.
Coin symbol XVS
Coin Marketcap US$257,874,320
Total XVS supply 30,000,000
Circulating XVS 11,577,008
Current price US$22.27
All time high US$146.82
Industry Decentralised finance
Token uses Governance
Network Binance Smart Chain

Venus price performance over time

Historical prices compared with the price of US$22.27.

1 hour 0.38%
24 hours 2.63%
7 days -6.61%
14 days -5.02%
30 days -13.87%
60 days -15.61%
200 days -80.21%
1 year 614.32%

How to sell Venus

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

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

What to consider when buying Venus

Below are the aspects you should consider before investing in XVS:
  • Governance: XVS is essential to the Venus protocol. It is the governance token of the platform and gives users the right to make decisions related to the Venus ecosystem, including changes in platform parameters, rewards, adding new collateral and product improvement. Since there are no pre-mines for developers, founders or the Venus team, it provides XVS token holders with 100% control over the decisions and direction of the protocol. However, the only caveat is that staked XVS holders are ineligible for proposals.
  • Supply: As per data from CoinMarketCap, at the time of writing, XVS has a circulating supply of 224,433,925 coins.
  • USP: Venus lets users utilise high-speed transactions at a low cost by leveraging the BSC to lend or borrow collateral, earn interest on that collateral and mint stablecoins. Users with a significant portion of a stablecoin in their portfolio can buy VAI and deposit it in Venus to earn an annual percentage yield of 9.60% at the time of writing.

Disclaimer: Cryptocurrencies, including Venus, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of XVS 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 Venus or any other cryptocurrency discussed.


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