Velas (VLX) Price Hits $0.0045 on Major Exchanges

Velas (VLX) traded down 7.5% against the dollar during the twenty-four hour period ending at 23:00 PM Eastern on September 3rd. Velas has a market capitalization of $11.87 million and $530,045.03 worth of Velas was traded on exchanges in the last 24 hours. One Velas coin can now be bought for approximately $0.0045 or 0.00000008 BTC on popular cryptocurrency exchanges. During the last week, Velas has traded 9.3% lower against the dollar.

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

• Avalanche (AVAX) traded 5.7% lower against the dollar and now trades at $21.33 or 0.00037627 BTC.
• NEAR Protocol (NEAR) traded 8.8% lower against the dollar and now trades at $3.69 or 0.00006504 BTC.
• Internet Computer (ICP) traded 6.2% lower against the dollar and now trades at $7.14 or 0.00012585 BTC.
• Cronos (CRO) traded 4% lower against the dollar and now trades at $0.0778 or 0.00000137 BTC.
• Hedera (HBAR) traded 5.4% lower against the dollar and now trades at $0.0486 or 0.00000086 BTC.
• Cosmos (ATOM) traded down 9.5% against the dollar and now trades at $4.07 or 0.00007170 BTC.
• Fetch.ai (FET) traded 8.4% lower against the dollar and now trades at $1.12 or 0.00001983 BTC.
• Algorand (ALGO) traded down 6.4% against the dollar and now trades at $0.12 or 0.00000208 BTC.
• Akash Network (AKT) traded down 8.4% against the dollar and now trades at $2.27 or 0.00003927 BTC.
• Theta Fuel (TFUEL) traded down 8.3% against the dollar and now trades at $0.0521 or 0.00000092 BTC.

Velas Coin Profile

Velas uses the hashing algorithm. Its genesis date was April 25th, 2019. Velas’ total supply is 2,626,625,903 coins. 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. The official message board for Velas is velas.com/en/blog.

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 currently possible to buy alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView