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.

Mint VNST from USDT

Step 1: Connect wallet

VNST currently supports Metamask, Coinbase Wallet, Binance Wallet, Coin98 Wallet, Wallet Connect, Trust Wallet

Step 2: Go to Mint & Redeem page: https://vnst.io/en/mint-and-redeem and choose Mint.

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

Step 4: Sign the transaction at your wallet and receive VNST

Redeem USDT from VNST

Step 1: Connect wallet

VNST currently supports Metamask, Coinbase Wallet, Binance Wallet, Coin98 Wallet, Wallet Connect, Trust Wallet

Step 2: Go to Mint & Redeem page: https://vnst.io/en/mint-and-redeem . Then, select Redeem

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

Step 4: Sign the transaction at your wallet and receive USDT

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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