How to Mint & Redeem VNST
Update
stablecoin
VNST
2023-09-09
VNST is a separate payment and transaction confirmation system on-chain 24/7, meeting the needs of using and converting VNST at market exchange rates. In this article, we will detail the steps to use VNST's Mint & Redeem feature.
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Mint VNST from USDT
Step 1: Connect wallet
VNST currently supports Metamask, Coinbase Wallet, Binance Wallet, Coin98 Wallet, Wallet Connect, Trust Wallet
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Step 2: Go to Mint & Redeem page: https://vnst.io/en/mint-and-redeem and choose Mint.
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Step 3: Enter the amount of USDT you want to Mint to VNST
*Note: The Beta version of the VNST.io website has not yet integrated the KYC feature, so to comply with AML and CTF, Smart Contract will limit all orders below 2000$
Exchange rates will be updated every 5 minutes, ensuring users always get Mint with the best exchange rate
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Step 4: Sign the transaction at your wallet and receive VNST
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Redeem USDT from VNST
Step 1: Connect wallet
VNST currently supports Metamask, Coinbase Wallet, Binance Wallet, Coin98 Wallet, Wallet Connect, Trust Wallet
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Step 2: Go to Mint & Redeem page: https://vnst.io/en/mint-and-redeem . Then, select Redeem
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Step 3: Enter the amount of VNST you want to redeem
Note: the Beta version of the VNST.io website has not yet integrated the KYC feature, so to comply with AML and CTF, Smart Contract will limit all orders below 2000$
Redeem fees will be 0.1% per transaction
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Step 4: Sign the transaction at your wallet and receive USDT
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Above are detailed instructions on how to use the Mint & Redeem feature at the website VNST.io.
About VNST
VNST is a decentralized stablecoin with transparent on-chain data, guaranteed by the stable value of the most popular and reputable stable coins in the global crypto asset market. The stablecoins that ensure value for VNST have transaction volume and stability proven over a long period of time, issued by reputable organizations with proven potential and periodically audited. VNST will be a safe, reliable solution, providing diverse and convenient choices and expanding future applications for users in the Web3 field in Vietnam and around the world.
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