Velas (VLX) 24 Hour Trading Volume Reaches $217.62 Thousand

Velas (VLX) traded down 10% against the dollar during the 1-day period ending at 9:00 AM E.T. on July 24th. One Velas coin can currently be purchased for approximately $0.0021 or 0.00000002 BTC on major exchanges. Velas has a market capitalization of $5.87 million and approximately $217.62 thousand worth of Velas was traded on exchanges in the last 24 hours. Over the last seven days, Velas has traded up 15.5% against the dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

  • Cronos (CRO) traded down 5.2% against the dollar and now trades at $0.12 or 0.00000102 BTC.
  • Hedera (HBAR) traded 10.4% lower against the dollar and now trades at $0.24 or 0.00000205 BTC.
  • Avalanche (AVAX) traded down 8.2% against the dollar and now trades at $23.64 or 0.00020046 BTC.
  • NEAR Protocol (NEAR) traded 9.8% lower against the dollar and now trades at $2.73 or 0.00002316 BTC.
  • Internet Computer (ICP) traded 9.2% lower against the dollar and now trades at $5.52 or 0.00004679 BTC.
  • Algorand (ALGO) traded down 10.2% against the dollar and now trades at $0.26 or 0.00000223 BTC.
  • Fetch.ai (FET) traded 5.8% lower against the dollar and now trades at $0.76 or 0.00000645 BTC.
  • Cosmos (ATOM) traded down 9.4% against the dollar and now trades at $4.64 or 0.00003935 BTC.
  • Kava (KAVA) traded 8% lower against the dollar and now trades at $0.40 or 0.00000341 BTC.
  • Akash Network (AKT) traded 8.7% lower against the dollar and now trades at $1.37 or 0.00001161 BTC.

Velas Profile

Velas (VLX) uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,735,950,811 coins. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The official message board for Velas is velas.com/en/blog. The official website for Velas 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 presently possible to purchase alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the aforementioned exchanges.

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