Velas Price Hits $0.0066 (VLX)

Velas (VLX) traded 7.2% lower against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on January 25th. Velas has a total market capitalization of $17.68 million and $100,571.57 worth of Velas was traded on exchanges in the last day. One Velas coin can now be bought for about $0.0066 or 0.00000006 BTC on major exchanges. During the last week, Velas has traded down 24.6% against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 0.1% against the dollar and now trades at $36.43 or 0.00034817 BTC.
• Hedera (HBAR) traded down 2.5% against the dollar and now trades at $0.33 or 0.00000317 BTC.
• NEAR Protocol (NEAR) traded down 4.4% against the dollar and now trades at $4.94 or 0.00004720 BTC.
• Internet Computer (ICP) traded 1.3% lower against the dollar and now trades at $9.17 or 0.00008765 BTC.
• Cronos (CRO) traded 2.3% lower against the dollar and now trades at $0.14 or 0.00000132 BTC.
• Algorand (ALGO) traded 3.1% lower against the dollar and now trades at $0.40 or 0.00000382 BTC.
• Fetch.ai (FET) traded down 2.7% against the dollar and now trades at $1.21 or 0.00001156 BTC.
• Cosmos (ATOM) traded down 2.2% against the dollar and now trades at $6.23 or 0.00005959 BTC.
• Akash Network (AKT) traded down 1.6% against the dollar and now trades at $2.76 or 0.00002635 BTC.
• Kava (KAVA) traded 3.3% lower against the dollar and now trades at $0.45 or 0.00000431 BTC.

Velas Coin Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,678,363,823 coins. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The official website for Velas is velas.com. 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.

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 currently possible to buy alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView