What is Volt Inu and how to exchange VOLT at the best rates
Volt Inu (V2)

Volt Inu (V2)

 VOLT

Inu (Volt) project offers us a hyper-deflationary safe-haven token that opens the door to numerous passive income opportunities through a diversified investment strategy.

Volt Inu has to some extent, blurred the lines between serious crypto projects and meme tokens due to the extremely loyal VOLTARMY online following and dog-themed imagery. In this article, we’ll separate fact from fiction and explore real the inner workings of this unique and potentially lucrative project.

Volt Inu (V2) Exchange Rate

VOLT by TradingView

How Does Volt Inu Work?

The Volt network’s native VOLT token is minted on the Ethereum blockchain as an ERC-20 and on the Binance blockchain as a BEP-20 token with a maximum supply of 69 sextillions. The Volt network is designed with an automatic-liquidity pool that pays out rewards to token holders.

Every time a VOLT transaction takes palace, 4% of the fees are sent to the project’s treasury, where the funds are invested in various crypto assets, including blue-chip NFT projects. The returns generated by the treasuries investments are then distributed as passive income to the VOLTARMY.

One way to look at Volt Inu is if it were a cryptocurrency version of an Exchange-Traded-Fund (ETF) that gives you exposure to a range of productive assets expected to generate regular returns.

Who Is The Founder of Volt?

It’s not clear who the project’s founder is; the official website doesn’t mention anyone by name, and when announcements are made, they simply refer to ‘the team.’

What Gives Volt Inu Value?

Volt derives its value from several features: its deflationary tokenomics, play-to-earn games, passive income generation, and merchandise.

  1. Deflationary Tokenomics: The price of VOLT tokens will theoretically rise in the long run as its supply is reduced through burning and buybacks.
  2. Gaming: The play-to-earn Volt Inu 2D Racers game generates demand for the VOLT token.
  3. Passive Income: By generating passive income, investors are incentivized to invest in the project.
  4. Merchandise: Volt-themed merchandise such as branded T-shirts and mugs gives the project a real-world presence and value.
  5. Partnerships: Several high-profile partnerships have pushed Volt Inu’s value up, such as collaboration with top soccer teams and with Shopping.io

How is The Volt Network Secured?

The Volt network is secured using a proof-of-stake (PoS) consensus mechanism like many other top cryptocurrencies such as Solana (SOL) and Cardano (ADA).

It’s not clear how many nodes secure the network, so it’s difficult to comment on the extent of decentralization, but the fact that it uses PoS as supposed proof-of-work does mean it’s less energy-intensive to secure than networks like Ethereum and Bitcoin.

How To Use Volt

Volt can either be used to earn passive income by staking the token or spent on its play-to-earn games.

The Bottom Line

The dog-themed marketing and the VOLTARMY’s social media presence can make Volt Inu seem like another meme coin, but this project is much more than that. The concept of risk reduction through diversified exposure to assets has been embraced by the Volt treasury, which offers cryptocurrency investors attractive passive income opportunities.

Furthermore, the project has launched a successful play-to-earn game, collaborated with real-world institutions, and launched its own merchandise line.

Despite the positives of this project, we should bear in mind that a token with a small market cap and low trading volume like VOLT is always going to be very volatile and a high-risk investment.

The Certik Audit Onboarding

The Volt Inu official Twitter announced on Monday, 23rd April, that Volt would be onboarding to the Certik security platform. Certik was founded in 2018 and has since become a market leader in blockchain security. The platform leverages cutting-edge AI technology to guarantee the security of blockchains protocols and smart chains.

By bringing Certik auditing to Volt, the project will comfort investors about security and show that it’s a serious operation and not just another meme coin.

A Massive BuyBack and Burn Operation

As a hyperinflationary token, the bar for burning tokens and reducing the supply of VOLT has been set very high. This month $100,000 worth of tokens were scooped up and burnt in a buyback operation, contributing to the long-term objective of raising the token’s floor price and reducing its supply.

Price

As of writing, VOLT trades at $0.000000791066 with an unknown market capitalization and a 24-hour trading volume of around $1.8 million. The historical data for VOLT is very limited as the token upgraded to version 2.0 on April 22nd; since the upgrade, it lost an estimated 70% of its value but does appear to be forming a bottom which could signal the start of a turn in sentiment.

Popular pairs to convert Volt Inu (V2)

Frequently asked questions

What is the Volt Inu (V2) exchange rate?

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An exchange rate is the rate at which one cryptocurrency can be exchanged for another through a certain crypto exchange provider. Cryptocurrency exchange rates on Swapzone reflect current prices of crypto assets and are updated every 30 seconds for you to keep track of any market changes and fluctuations to profit when buying the dip or going with the best exchange rate and the lowest exchange fees. All cryptocurrency exchange providers have their own rates, which depends on supply and demand, mining rewards, costs and so on. See what else might affect the rate in our article on prices.

There are two types of exchange rates aggregated by Swapzone – fixed rates and floating rates. To receive the exact amount of crypto that is displayed at the beginning of the exchange and shield yourself against the market's volatility, opt for fixed-rate offers. If you're ready to take a risk and receive less or more than the sum displayed, go with floating-rate offers but bear in mind that floating rates may drastically change any second. You can refresh your memory on how to get the best exchange rate here.

Where to find the lowest transaction fees?

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Crypto transaction fees may vary depending on the network (Ethereum transaction fees tend to spike during the congestion on the network), your chosen cryptocurrency, an instant exchange provider as well as its transaction processing speed and internal policy. These fees may be relatively low but it’s crucial to know they may be imposed in the first place.

If you want to exchange cryptocurrency with the lowest fees, beware of the offers with a grey-colored “Transaction fees are not included” label displayed under the exchange rate. To avoid having to pay an unexpected amount of fees during the exchange, opt for those that do not have that label. Read our articles to learn more about how to exchange cryptocurrency with the lowest fees and find out which assets have the lowest transaction fees.

What is average transaction time?

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Transactions usually take from 5 to 30 minutes to be processed, especially if you choose currencies with speedy networks. However, there are several factors that may affect and slow down the exchange process, i.e. transaction volume, blockchain capacity, network updates, cryptocurrency itself and the capacity or chosen exchange platforms.

The processing may take longer due to the large transaction volume, congestion of the network, blockchain overload and market overload, technical issues or system failures, lack of liquidity or network maintenance.

The transaction may be also stuck if you forget to add a required Extra ID, mistake networks or use the wrong wallet for a chosen crypto asset. If you worry that the exchange processing is taking too long, please, contact us at [email protected] or via our live chat on the landing page.

How to choose a cryptocurrency wallet to store Volt Inu (V2)?

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To exchange, buy, sell or trade cryptocurrency and store your crypto keys safely and securely, you need a crypto wallet. Choosing the best cryptocurrency wallet is a question of preference and need. To learn more, read our guide on how to choose the best cryptocurrency wallet for your needs.

There are several types of wallets for different crypto assets and tasks. Software wallets, or hot storage wallets, are connected to the Internet and come in many forms: Web, Desktop, Mobile or Browser Extensions. If you want to build a large crypto portfolio, you might want to look at multi currency wallets like Exodus, MetaMask, TrustWallet, Atomic or Guarda. If a coin or a token of your choice isn’t available there, you can always opt for a single-currency wallet that is usually designed by the project that launched the asset.

If you take safety and security matters seriously, go for hardware wallets, or cold storage wallets, like Ledger or Trezor, or even paper wallets. We strongly recommend you to do your research before creating a wallet: read the reviews to see what the community thinks, learn about the fees a particular wallet imposes for performing transactions, check out supported currencies and networks and see its security policy.

What is the best cryptocurrency exchange for beginners?

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There are loads of different crypto exchange services, with new platforms emerging every month. Exchange providers differ by supported currencies, liquidity providers, fees, customer support, user interface, level of privacy and anonymity and customer support, which makes it hard for beginners to understand which one to choose. To learn more about what these exchanges offer and how you can assess them, read our guide on how to choose the best exchange platform.

To navigate them through the field full of services, we conduct research and thorough analysis of the market & list both prominent and promising exchange providers, keeping in touch with their teams 24/7. We give you all the necessary data on the offers they provide as well as their brief history, KYC/AML policies, reliability and advantages, while also indicating their downsides so that you don’t have to do that yourself.

What is Swapzone?

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Swapzone is an instant non-custodial cryptocurrency exchange aggregator that helps users make an informed choice when exchanging crypto assets. To make this possible, we gather the information on the exchange providers, select the parameters for comparison, aggregate and sort available deals & give an option to make a swap through providers' APIs in the same interface with a common user flow for every exchange. Still have doubts? Here's 9 reasons why you should use Swapzone to exchange crypto.

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