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Investing In Venus (XVS) – Everything You Need to Know

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The DeFi sector has revolutionized finance by making it decentralized and available to everyone, without prejudice of any kind. This is very beneficial when it comes to things like staking and yield farming, but it can lead to life-changing opportunities when it comes to things like lending.

As you know, lending in traditional banks is a difficult, lengthy process that includes background checks, credit scores (in countries like the US), and alike, that can negatively impact your chances of getting a loan if you have anything that the bank or other kind of regular financial institution may find troublesome. DeFi has eliminated all of that, enabling nearly instant loans with one single condition — that you can provide collateral.

Other than that, nothing else matters. For projects like Venus (XVS), it doesn’t matter where you live, what you need the money for, or how much — all of it is irrelevant if you can provide collateral. This is only one reason why Venus is a protocol that you should definitely look into. The project is offering unique solutions and numerous benefits, so let’s talk about it and see what exactly it has to offer.

What Problems Does Venus (XVS) Solve?

Let’s start by looking into certain solutions that Venus brings to the table. These are the things that the project can offer that improve the entire approach to lending or DeFi, in general.

Simplifies lending and borrowing

The first thing to note is that the project’s main goal is to make lending and borrowing as simple as they can be so that they would be available to everyone. DeFi is still a fairly young sector that is still developing and “finding itself.” This means that long-time members of the crypto industry and decentralized finance may see it as simple as it is, but you need to think of what it looks like to someone who never had experience with crypto or decentralization before and conclude whether or not they would be able to find their way around.

Venus ensures that they can and that they will by making its UI and the UX overall very intuitive and easy to navigate.

Reduces transaction fees

Another thing that the project does is that it enables users to directly borrow against collateral at high speed, which ensures that users would lose less to transaction fees. This is important because one of the biggest strengths of the crypto industry is cheap transactions, where you can pay a penny to move thousands of dollars if need be. So, high fees are an immediate problem that the project sought to eliminate and make it cheap for people to use the platform and make transactions.

Minting VAI stablecoin on demand

In addition to that, the project also allows users to mint a stablecoin called VAI, and to do it on-demand. In order to get VAI loans, however, users need to post at least 200% collateral to the Venus smart contract. This is a bit expensive, but if you have money that you don’t wish to spend, and would rather offer it as collateral and pay back your loan with your regular income, then this is a great way not only to do it, but to preserve the value of the loan by using a stablecoin that you just minted on your own.

No geo-restrictions

Since there is no centralized authority in place, there are also no restrictions on the users’ location. In other words, your geographic region is irrelevant, and you can get a loan no matter where you are in the world.

Benefits of Venus (XVS)

Now, let’s take a look at the benefits that Venus has to offer and what they mean for you as an individual user.

Get instant loans

A great thing about Venus is that it grants you loans nearly instantly, as soon as you provide collateral. The project lets you take out the money that you need without lengthy waiting periods, which makes the process run quite smoothly and all of it can be over in a single day.


Next, it is important to note that Venus is a 100% decentralized project, which means that it is fully run by its community. Those who hold the XVS tokens are, therefore, in charge of helping the project’s management and governance by voting on various proposals regarding important decisions and changes that may or may not be implemented, depending on what the community decides.

No credit checks

Once again, with Venus, there are no issues like credit checks, which are so common in traditional US banking. A lot of people cannot get a loan because of their bad credit score, which they were never taught how to properly maintain. These are often the people who can afford a loan and who are responsible enough to pay it back in time and fully respect the terms of the loan, but can never get one because of a bad credit score, which limits too many people from achieving their dreams, launching their own businesses, and alike.

Access lending markets for BTC, XRP, LTC, and more

Finally, it is worth noting that Venus emerged as the first protocol to enable users to access lending markets for Bitcoin and a number of altcoins to source liquidity in real-time, thanks to its near-instant transactions.

How Does Venus (XVS) Work?

Venus is an algorithmic money market and synthetic stablecoin protocol that operates on BSC. The project introduced a number of solutions and benefits to the DeFi sector and its decentralized lending, including the ability to lend and borrow assets with great simplicity, conduct near-instant transactions, and pay at extremely low speeds.

It also allows users to mint the VAI stablecoin immediately after providing 200% collateral to the project’s smart contract, which is the money that is later returned after the loan and the interest have been paid out. But, Venus’ main strengths remain high speed and low transaction cost, which come from it being launched on BSC.

How to Buy Venus (XVS)

Currently, Venus (XVS) is available for purchase on the following exchanges.

KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens.  It is often the first to offer buying opportunities for new tokens.  USA Residents are Prohibited.

Binance – Accepts Australia, Singapore, UK and most of the world. Canada & USA residents are prohibited. Use Discount Code: EE59L0QP for 10% cashback on all trading fees. 

WazirX – This exchange is part of the Binance Group, which ensures a high standard of quality.  It is the best exchange for residents of India.

Venus (XVS) — A protocol that brings simple lending & borrowing

The DeFi sector is progressing rapidly, and things such as lending and borrowing have never been simpler or more rewarding. For some of the biggest and most notable benefits regarding lending and borrowing, we suggest checking out the Venus protocol – a BSC-based DeFi project that promises to revolutionize some aspects of the process, even in DeFi.

Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN,, Bitcoinist, and NewsBTC.