How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase VAI on BYDFi. We'll guide you through it
Choose how to purchase VAI on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (VAI). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store VAI in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your VAI to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and Reliable
Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed 1:1 by physical assets. BYDFi was recognized as one of the best cryptocurrency exchanges of 2021 by Forbes and named the Best Cryptocurrency App of 2022 by Ascent.
High Liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy VAI on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive VAI
Trade
Answers
Is VAIOT (VAI) a Good Investment?
VAIOT is an interesting crypto asset in your portfolio, especially if you wish to invest in projects with potential for mainstream use. As VAIOT releases more products for organizations and consumers, investor confidence in its native token is boosted, increasing the VAI to USD price in the market.
The rising interest in technologies like AI shines a spotlight on tokens like VAI, making it a valuable investment. The VAIOT price could increase as markets focus more on AI-related technologies and solutions.
The price of VAI token could also benefit from an improvement in the market sentiment toward cryptocurrencies. A risk-on mood in the global financial markets boosts investor interest in cryptocurrencies, supporting the VAIOT price.
What is the VAIOT Coin Price Prediction?
While it is impossible to offer an accurate VAI price prediction over any duration, there are critical fundamentals that drive significant price action and volatility in the VAIOT crypto, including:
Launch of Innovative Products and Services
The $VAI price experiences an uptrend when VAIOT adds new products and services based on AI and blockchain technology. As the use cases for its technology rise, the demand for its platform and native token could also increase.
Level of Adoption
Greater innovation could attract more users - businesses and consumers, to the VAIOT network. This could boost the demand for the VAI cryptocurrency and increase its appeal among investors. Both these factors could also drive up the price of VAIOT crypto in the market.
Future Developments
As VAIOT announces more integrations, partnerships, and investments, the value of VAI token could rise further. Such developments can expand the VAIOT ecosystem, making the VAI crypto a more valuable crypto asset to buy and hold.
Market Sentiment
Market sentiment is one of the most significant factors determining price trends in the VAI token. Positive or bullish sentiment among investors encourages buying activity in the market, supporting the VAIOT price. However, a bearish or risk-averse mood could cause sell-offs that can weaken the price of VAI.
What Are Some Use Cases of VAIOT Technology?
The following are some of the widespread practical applications for VAIOTs technology:
AI Legal Assistant
VAIOTs virtual AI-powered legal assistant can help law firms, businesses, and individual consumers request and obtain certain legal services, e.g., creating contracts. The product depends on a vast database of legal codes and best practices for multiple supported regions. Its users can generate legal contracts automatically in both traditional formats and digital contracts on the blockchain.
AI Crypto Protection Broker & Aggregator
VAIOTs digital asset protection offering and Broker Platform offer investors a more secure way to invest in and hold crypto assets. The VAIOT Broker product adds an extra layer of protection so consumers can store their digital assets in custodial wallets and on CEXs with additional security.
AI Merchant (Sales Assistant)
This AI-backed product lets businesses offer an automated service distribution channel that consumers can use to buy their products and services. The AI assistant takes a customers requests as input data and recommends the right products or services based on their requirements. The whole solution enjoys a higher layer of security thanks to the underlying blockchain technology.
How to Use VAI Cryptocurrency
VAI is the native cryptocurrency that powers the VAIOT network. It has the following use cases:
Native Currency
The digital currency of VAIOT, $VAI, is used to pay for goods and services purchased and accessed on the platform.
Incentive Token
Users also receive Payback Bonus in VAI tokens after completing their purchase within VAIOTs solutions. This mechanism is essential for the functioning of the underlying VAIBC feature of the platform.
Node Rewards
Nodes and network participants can earn $VAI when securing the network and contributing to the consensus mechanism. They receive rewards in VAI tokens for their efforts.
Crypto Asset to Trade and HODL
Trade VAIOT against other cryptocurrencies to profit from changing market conditions and volatility. You can buy or sell VAI or hold it long-term if you believe in the future potential of the VAIOT project. Review the current price of VAIOT, VAI current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the VAI price chart before trading VAIOT in the crypto market.
How Many VAIOT Tokens Are There?
The VAIOT developers have fixed the total supply of VAI at 400,000,000. Of this, the circulating supply of VAI stands at just under 200,000,000 as of February 2023 - less than 50% of the max supply.
The token distribution of VAI is as follows:
1. 32% of the VAI supply was allocated for the token sale, and 15% of the share was set aside for the VAIOT team.
2. 25% has been kept for distribution as staking rewards.
3. 12% of VAIs supply has been set aside for the partners of the VAIOT project.
4. 10% is allowed to the VAIOT ecosystem.
5. 6% of tokens have been distributed to the projects advisors.
