Velas Tops One Day Volume of $745,837.49 (VLX)

Velas (VLX) traded 2.4% higher against the dollar during the 1 day period ending at 14:00 PM ET on January 17th. Over the last week, Velas has traded 5% higher against the dollar. One Velas coin can currently be bought for $0.0094 or 0.00000009 BTC on popular cryptocurrency exchanges. Velas has a market cap of $25.13 million and approximately $745,837.49 worth of Velas was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 2.5% against the dollar and now trades at $40.77 or 0.00038894 BTC.
• Hedera (HBAR) traded up 0.2% against the dollar and now trades at $0.37 or 0.00000354 BTC.
• NEAR Protocol (NEAR) traded up 6.4% against the dollar and now trades at $5.56 or 0.00005301 BTC.
• Internet Computer (ICP) traded up 2.2% against the dollar and now trades at $11.18 or 0.00010665 BTC.
• Algorand (ALGO) traded down 0.4% against the dollar and now trades at $0.47 or 0.00000446 BTC.
• Cronos (CRO) traded 0% higher against the dollar and now trades at $0.15 or 0.00000139 BTC.
• Fetch.ai (FET) traded 2.2% higher against the dollar and now trades at $1.38 or 0.00001316 BTC.
• Cosmos (ATOM) traded 2.7% higher against the dollar and now trades at $6.86 or 0.00006545 BTC.
• Akash Network (AKT) traded up 4.2% against the dollar and now trades at $3.24 or 0.00003099 BTC.
• Kava (KAVA) traded 2.1% higher against the dollar and now trades at $0.51 or 0.00000486 BTC.

Velas Coin Profile

VLX uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,675,807,121 coins. Velas’ official website 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 message board is velas.com/en/blog. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible 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 presently 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, GDAX 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