Velas (VLX) Price Hits $0.0160 on Exchanges

Velas (VLX) traded up 1.1% against the US dollar during the 24 hour period ending at 19:00 PM Eastern on April 24th. One Velas coin can now be purchased for about $0.0160 or 0.00000025 BTC on popular exchanges. Velas has a total market capitalization of $41.45 million and approximately $1.06 million worth of Velas was traded on exchanges in the last day. In the last seven days, Velas has traded up 24.7% against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Avalanche (AVAX) traded 5.1% lower against the dollar and now trades at $36.30 or 0.00056820 BTC.
  • NEAR Protocol (NEAR) traded down 1.8% against the dollar and now trades at $6.79 or 0.00010628 BTC.
  • Internet Computer (ICP) traded 6% lower against the dollar and now trades at $13.64 or 0.00021350 BTC.
  • Hedera (HBAR) traded 18% lower against the dollar and now trades at $0.12 or 0.00000192 BTC.
  • Cronos (CRO) traded 5.3% lower against the dollar and now trades at $0.12 or 0.00000195 BTC.
  • Cosmos (ATOM) traded down 3.8% against the dollar and now trades at $8.38 or 0.00013110 BTC.
  • Fetch.ai (FET) traded down 7% against the dollar and now trades at $2.25 or 0.00003527 BTC.
  • Algorand (ALGO) traded up 10.4% against the dollar and now trades at $0.21 or 0.00000332 BTC.
  • Akash Network (AKT) traded 2.5% lower against the dollar and now trades at $4.99 or 0.00007782 BTC.
  • Kava (KAVA) traded down 3.6% against the dollar and now trades at $0.73 or 0.00001142 BTC.

Velas Coin Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,582,765,585 coins. Velas’ official website is velas.com. 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 Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed 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 acquire Velas should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the aforementioned exchanges.

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