Velas Price Up 2.9% This Week (VLX)

Velas (VLX) traded down 0.4% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on February 17th. Velas has a market capitalization of $1.73 million and $187.73 worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can currently be bought for approximately $0.0006 or 0.00000001 BTC on popular cryptocurrency exchanges. Over the last week, Velas has traded 2.9% higher against the U.S. dollar.

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

• Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0789 or 0.00000118 BTC.
• Hedera (HBAR) traded 0.9% lower against the dollar and now trades at $0.10 or 0.00000149 BTC.
• Avalanche (AVAX) traded 1.9% lower against the dollar and now trades at $9.07 or 0.00013535 BTC.
• Internet Computer (ICP) traded 1.9% lower against the dollar and now trades at $2.37 or 0.00003539 BTC.
• NEAR Protocol (NEAR) traded down 1.1% against the dollar and now trades at $1.04 or 0.00001554 BTC.
• Cosmos (ATOM) traded 2.4% higher against the dollar and now trades at $2.25 or 0.00003363 BTC.
• Algorand (ALGO) traded 2.4% lower against the dollar and now trades at $0.0934 or 0.00000139 BTC.
• Fetch.ai (FET) traded down 2.3% against the dollar and now trades at $0.17 or 0.00000253 BTC.
• PayProtocol Paycoin (PCI) traded 0.2% higher against the dollar and now trades at $0.0600 or 0.00000088 BTC.
• Theta Fuel (TFUEL) traded down 1.5% against the dollar and now trades at $0.0149 or 0.00000022 BTC.

Velas Profile

Velas uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,764,304,288 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. 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 buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView