Velas (VLX) Price Tops $0.0047 on Exchanges

Velas (VLX) traded 0.6% lower against the US dollar during the 1 day period ending at 12:00 PM ET on March 18th. Velas has a total market cap of $12.75 million and $296,827.90 worth of Velas was traded on exchanges in the last day. During the last week, Velas has traded up 3.6% against the US dollar. One Velas coin can currently be purchased for about $0.0047 or 0.00000006 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Hedera (HBAR) traded down 3.7% against the dollar and now trades at $0.18 or 0.00000225 BTC.
• Avalanche (AVAX) traded up 0.3% against the dollar and now trades at $18.56 or 0.00022664 BTC.
• NEAR Protocol (NEAR) traded down 1.5% against the dollar and now trades at $2.54 or 0.00003101 BTC.
• Internet Computer (ICP) traded down 3.1% against the dollar and now trades at $5.65 or 0.00006903 BTC.
• Cronos (CRO) traded 4.9% lower against the dollar and now trades at $0.0797 or 0.00000097 BTC.
• Cosmos (ATOM) traded up 1.1% against the dollar and now trades at $4.61 or 0.00005624 BTC.
• Algorand (ALGO) traded 3.7% lower against the dollar and now trades at $0.18 or 0.00000223 BTC.
• Fetch.ai (FET) traded down 3.6% against the dollar and now trades at $0.50 or 0.00000608 BTC.
• Kava (KAVA) traded down 2.7% against the dollar and now trades at $0.49 or 0.00000593 BTC.
• Akash Network (AKT) traded 5.2% lower against the dollar and now trades at $1.24 or 0.00001517 BTC.

Velas Coin Profile

Velas uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,695,448,015 coins. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. Velas’ official message board is velas.com/en/blog. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official website is velas.com.

According to CryptoCompare, “Velas (VLX) is a high-performance blockchain platform designed to support smart contracts and decentralised applications, capable of processing up to 75,000 transactions per second with low fees. It serves various sectors, including DeFi, NFTs, and gaming, and operates as a carbon-neutral network. Founded in 2019 by Alex Alexandrov, Velas is headquartered in Zug, Switzerland.”

Buying and Selling Velas

It is usually not possible to purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to acquire Velas should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView