Velas (VLX) Price Tops $0.0060 on Exchanges

Velas (VLX) traded 8.1% lower against the dollar during the one day period ending at 18:00 PM Eastern on August 1st. One Velas coin can currently be purchased for approximately $0.0060 or 0.00000009 BTC on cryptocurrency exchanges. Velas has a total market cap of $15.75 million and $948,140.71 worth of Velas was traded on exchanges in the last 24 hours. Over the last week, Velas has traded 18.1% lower against the dollar.

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

• Avalanche (AVAX) traded down 0.7% against the dollar and now trades at $25.54 or 0.00039396 BTC.
• NEAR Protocol (NEAR) traded 1.2% lower against the dollar and now trades at $4.96 or 0.00007645 BTC.
• Internet Computer (ICP) traded down 3.4% against the dollar and now trades at $8.86 or 0.00013665 BTC.
• Cronos (CRO) traded up 0.4% against the dollar and now trades at $0.0867 or 0.00000134 BTC.
• Hedera (HBAR) traded up 0.6% against the dollar and now trades at $0.0633 or 0.00000098 BTC.
• Cosmos (ATOM) traded down 0.8% against the dollar and now trades at $5.77 or 0.00008902 BTC.
• Fetch.ai (FET) traded 2.4% lower against the dollar and now trades at $1.14 or 0.00001751 BTC.
• Algorand (ALGO) traded 1.9% lower against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Akash Network (AKT) traded 1.1% higher against the dollar and now trades at $2.90 or 0.00004469 BTC.
• Theta Fuel (TFUEL) traded down 0.4% against the dollar and now trades at $0.0639 or 0.00000099 BTC.

Velas Profile

VLX uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,617,858,902 coins. Velas’ official message board is velas.com/en/blog. The official website for Velas is velas.com. 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.

According to CryptoCompare, “Velas ™ is a self-learning and self-optimizing blockchain platform for secure, interoperable, extremely scalable transactions and smart contracts. The Velas blockchain uses neural networks optimized by artificial intelligence to enhance its consensus algorithm, which maintains decentralization, stability, and security.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView