Velas Trading 1% Lower Over Last 7 Days (VLX)

Velas (VLX) traded up 5.9% against the US dollar during the twenty-four hour period ending at 9:00 AM E.T. on February 25th. One Velas coin can now be bought for approximately $0.0006 or 0.00000001 BTC on cryptocurrency exchanges. Velas has a market capitalization of $1.69 million and approximately $460.10 worth of Velas was traded on exchanges in the last 24 hours. Over the last week, Velas has traded down 1% against the US dollar.

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

• Cronos (CRO) traded up 4.5% against the dollar and now trades at $0.0773 or 0.00000117 BTC.
• Hedera (HBAR) traded 6.6% higher against the dollar and now trades at $0.0999 or 0.00000151 BTC.
• Avalanche (AVAX) traded up 13.9% against the dollar and now trades at $9.41 or 0.00014205 BTC.
• NEAR Protocol (NEAR) traded 10.7% higher against the dollar and now trades at $1.07 or 0.00001620 BTC.
• Internet Computer (ICP) traded up 7.2% against the dollar and now trades at $2.22 or 0.00003346 BTC.
• Cosmos (ATOM) traded up 2% against the dollar and now trades at $2.08 or 0.00003133 BTC.
• Algorand (ALGO) traded 6.2% higher against the dollar and now trades at $0.0886 or 0.00000134 BTC.
• Fetch.ai (FET) traded 6% higher against the dollar and now trades at $0.16 or 0.00000243 BTC.
• PayProtocol Paycoin (PCI) traded 1.5% higher against the dollar and now trades at $0.0591 or 0.00000089 BTC.
• Theta Fuel (TFUEL) traded up 4.9% against the dollar and now trades at $0.0140 or 0.00000021 BTC.

Velas Coin Profile

Velas (VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,764,304,288 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 possible to purchase alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView