Velas (VLX) Price Hits $0.0160 on Exchanges

Velas (VLX) traded up 1.1% against the dollar during the twenty-four hour period ending at 19:00 PM E.T. on April 24th. One Velas coin can currently be bought for $0.0160 or 0.00000025 BTC on cryptocurrency exchanges. In the last seven days, Velas has traded 24.7% higher against the dollar. Velas has a total market cap of $41.45 million and approximately $1.06 million worth of Velas was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 5.1% 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 down 5.3% against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Cosmos (ATOM) traded 3.8% lower 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.

About Velas

Velas uses the hashing algorithm. Its launch date was 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. Velas’ official message board 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 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, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView