Voyager Token
VGX
$0.121045
$33,708,880.17
Market capitalization(24h)
About Voyager Token
Voyager Token (VGX) is the native utility token of the Voyager cryptocurrency exchange, designed to provide users with various benefits, including cashback rewards, interest on holdings, and reduced trading fees.
About $VGX token
VGX token is the native utility token of the Voyager digital asset trading platform, providing users with benefits such as cashback rewards, interest on holdings, and reduced trading fees. It is an ERC-20 token that is primarily used to incentivize users to trade on the Voyager platform and hold their assets in the Voyager wallet.
How to buy $ with a payment card
1. Enter the amount of $VGX and fiat currency that you wish to purchase.
2. Verify your phone and email.
3. Enter or create $VGX wallet
You are given the option to enter your $VGX wallet address or create one using the Swipelux widget.
4. Pass KYC flow
This verification process helps protect you from fraud and other malicious activities.
5. You're now ready to buy $VGX with a credit and debit card.
$VGX analytics
Market Position and Adoption: Voyager Token (VGX) is currently ranked at #276 by market capitalization and has over 83,309 watchlists. The token is primarily used on the Voyager platform, a crypto brokerage that allows users to buy, sell, and trade cryptocurrencies. VGX serves as the native token on the platform and offers various benefits to users, including cashback rewards and reduced trading fees. While the platform is primarily used in the United States, it has been expanding its reach to international markets, which could potentially increase VGX adoption.
Technology and Platform: VGX is built on the Ethereum blockchain and utilizes smart contracts for its features and functionality. The Voyager platform offers a user-friendly interface, mobile applications, and a range of features, such as advanced trading tools and portfolio management. Voyager is also integrated with various wallets and supports a wide range of cryptocurrencies, which could increase its appeal to users.
Team: Voyager is led by an experienced team with backgrounds in finance, technology, and entrepreneurship. The CEO, Steve Ehrlich, has over 25 years of experience in the finance industry and has previously held senior positions at several financial firms. The team also includes experienced advisors and investors, such as Oscar Salazar, the founding CTO of Uber.
Competition: VGX competes with other crypto brokerages, such as Coinbase and Binance, as well as traditional financial institutions that offer cryptocurrency trading services. While Voyager offers certain advantages, such as commission-free trading and cashback rewards, it faces intense competition in the market.
Supply: VGX has a total supply of 279,387,971 tokens, with 278,482,214 currently in circulation. The token has no maximum supply cap, which could potentially lead to inflationary pressures in the long run. Additionally, the token's value is subject to market volatility and could be impacted by changes in trading volume or demand.
$VGX risks
1.Regulatory risks: The cryptocurrency industry is still largely unregulated, and changes in regulatory environment could affect the adoption and use of VGX token, which could impact its value.
Market risks: The value of VGX is subject to market volatility, which could be affected by a wide range of factors such as global economic conditions, geopolitical events, and changes in investor sentiment.
Competition risks: VGX faces competition from other cryptocurrency platforms and exchanges, which could negatively impact its adoption and market position.
Technology risks: The underlying technology used by VGX, such as the blockchain and smart contracts, could be subject to bugs, hacking, or other vulnerabilities, which could result in loss of investor funds and negatively impact the value of VGX.
Adoption risks: VGX's adoption could be hindered by a lack of understanding or interest from potential users, which could limit its potential market and impact its value.
Liquidity risks: As with many cryptocurrencies, VGX's value could be affected by low liquidity in the market, which could make it difficult for investors to buy and sell their tokens at desired prices.
Management risks: The success of VGX is also dependent on the performance of its management team, and any changes in leadership or operational issues could impact the adoption and value of the token.
Potential market development triggers
Expansion of Voyager's platform and services: Voyager is continuously expanding its platform by adding new cryptocurrencies, features, and services. As they continue to grow, they will attract more users to their platform and increase demand for VGX token.
Increase in trading volume: As more users join the Voyager platform, there will be an increase in trading volume which will lead to increased demand for VGX token.
Partnerships and integrations: Voyager has already partnered with several companies, including Algorand, to expand their services and user base. More partnerships and integrations with other crypto projects and fintech companies can drive adoption and demand for VGX token.
DeFi integration: Voyager has expressed interest in integrating DeFi services into its platform. As the popularity of DeFi continues to grow, the integration of these services could attract a new user base to Voyager and increase demand for VGX token.
Market volatility: The crypto market is highly volatile and can experience sudden price swings. As a platform that offers trading, investing, and other financial services, Voyager can benefit from market volatility by attracting users who want to take advantage of the market movements. This can lead to an increase in trading volume and demand for VGX token.
Regulatory environment: The regulatory environment around cryptocurrencies and fintech is constantly evolving. If regulations become more favorable for the crypto industry, it could lead to increased adoption and demand for VGX token. On the other hand, unfavorable regulations could negatively impact Voyager's business and the value of VGX token.