As the market for digital money continues to expand at a rapid pace, new coins with distinctive capabilities and applications are being issued. Their coins have the potential to become major currencies in their own right as a result of these characteristics and applications.
The market for cryptocurrencies is extremely competitive, with hundreds of new coins being introduced to it on a weekly basis. However, due to the extremely cutthroat nature of the market, only a small percentage of these coins will ever achieve widespread acceptance.
The market for digital currencies is continuing to expand at a rapid rate, which has led to the development of new coins that each have their own set of characteristics and applications. These coins have the potential to become major currencies in their own right. This cryptocurrency project offers something unique and has a lot of untapped potential, so keep an eye out for it. Let’s take a deep look at potential — VICS.
VICS is a core component of the RoboFi ecosystem. It is a BEP-20 token that was produced on the Binance Smart Chain. VICS serves as a vital utility token for the operation of a variety of commercial services on DABots.
You can stake VICS and earn rewards, pay for crypto trading bots on the marketplace, participate in IBO (Initial Bot Offering), and buy Governance Shares with it. You can also use VICS to receive additional incentives from decentralized and autonomous crypto trading bots that are not controlled by a central authority.
On August 23, 2021, Binance, OKEx, and other exchanges became the first places where VICS could be traded (Binance Smart Chain is the underlying technology of the VICS Token). At the time, there were no exchanges that listed VICS because it had just come out. However, traders quickly started buying it because there were many good reasons to do so. At the time, no exchanges had listed VICS yet because it had just started trading.
VICS has a strong development team, so its technology has a chance to do well and grow.
Please keep in mind that this analysis is only based on how the price of VICS has changed in the past. It is not meant to be used as financial advice in any way. When trading in cryptocurrencies, people should always do their own research and be more careful.
Importance of VICS on RoboFi Ecosystem
RoboFi is an ecosystem that uses blockchain technology in an effective way to help users and people who make bots come to an agreement. This ecosystem not only helps people come up with new ideas but also helps both parties grow financially. The engine that moves the RoboFi ecosystem forward is VICS. Binance Smart Chain is the technology behind VICS, which is also called a BSC token. RoboFi customers can buy DAO Crypto Trading Bots by using VICS, staking VICS, or taking part in the IBO to become a governance stakeholder in a crypto trading bot. In the meantime, bot developers can use IBO to raise money for their businesses and pay for their operations.
In order for bot developers to list their bots in the RoboFi store, determine the value of bot governance tokens, and join the IBO, VICS is essential to use. DABots’ governance tokens are necessary for VICS users. VICS will also distribute bot governance token prizes.
Liquidity mining is designed to incentivize users to put their VICS up for stake in exchange for receiving VICS dividends. Members of the RoboFi ecosystem who participate in staking receive additional benefits. Staking is a way for VICS members to gain rewards.
Users’ assets will be frozen for predetermined periods of time for both liquidity mining and staking. When the mining and staking program for liquidity starts, the reward ratio (APY) will be specified.
How to buy VICS?
There are three major exchanges, namely MEXC Global, PancakeSwap V2, and Hotbit, where VICS can be traded for other cryptocurrencies. The popularity of VICS in the marketplace for crypto trading bots has recently experienced a significant uptick. On each of these three exchanges, VICS can be traded, here’s how.
Step 1: Create a Wallet
Step 2: Add VICS to the Wallet
Step 3: Buy “Binance Smart Chain” (BSC)
Step 4: Swap BSC for VICS!
Step 1: Log in to your Hotbit Exchange account
Step 2: Deposit crypto
Step 3: Find VICS pair and buy
Step 1: Log on with your email details on MEXC Global.
Step 2: Click on the “Authentication” button to start the Know Your Customer (KYC) process.
Step 3: Fill in all the fields needed and click on the link to buy crypto coins.
Step 4: You will get a list of cryptocurrencies available. Click on the “Buy” button for VICS.
Where Can You Trade VICS?
Users can now exchange VICS on MEXC Global. While the IDO, or “Pancakeswap,” and Hotbit listings were successful in promoting VICS to a larger audience, the MEXC Global listing event remains a turning point for RoboFi. The official launch date of the RoboFi DAO marketplace for cryptocurrency trading bots is approaching. This MEXC global listing event will connect global users and increase the liquidity of VICS, the native token of the RoboFi ecosystem.
On cryptocurrency exchanges, VICS can be traded for other cryptocurrencies. To meet your needs, the Cex and Dex exchanges offer a variety of trading pairings for exchanging RoboFi Tokens.
Even though it is difficult to forecast how currencies will behave in the future, some coins appear to have a promising future. Coins like VICS that are already making a significant impact in the world may be poised for exponential growth because of the high likelihood that they will be widely accepted.
DISCLAIMER: The information contained on this website is presented solely for the purpose of providing general market discussion and does not represent investment advice. Before you put any money into an investment, you should conduct your own independent research.
RoboFi (www.robofi.io/home) is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.