Velas Price Hits $0.0157 on Major Exchanges (VLX)

Velas (VLX) traded up 3% against the US dollar during the 1-day period ending at 12:00 PM ET on May 2nd. Over the last seven days, Velas has traded down 4.1% against the US dollar. One Velas coin can now be purchased for about $0.0157 or 0.00000027 BTC on major cryptocurrency exchanges. Velas has a market cap of $40.65 million and approximately $1.07 million worth of Velas was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 5.3% against the dollar and now trades at $33.71 or 0.00057064 BTC.
• NEAR Protocol (NEAR) traded 3.8% higher against the dollar and now trades at $6.12 or 0.00010367 BTC.
• Internet Computer (ICP) traded up 7.3% against the dollar and now trades at $13.44 or 0.00022760 BTC.
• Hedera (HBAR) traded up 0.7% against the dollar and now trades at $0.0983 or 0.00000166 BTC.
• Cosmos (ATOM) traded 5.9% higher against the dollar and now trades at $8.66 or 0.00014667 BTC.
• Cronos (CRO) traded 4% higher against the dollar and now trades at $0.13 or 0.00000214 BTC.
• Fetch.ai (FET) traded 4.6% higher against the dollar and now trades at $2.00 or 0.00003385 BTC.
• Algorand (ALGO) traded up 4.9% against the dollar and now trades at $0.18 or 0.00000307 BTC.
• Akash Network (AKT) traded 7.7% higher against the dollar and now trades at $4.21 or 0.00007130 BTC.
• Kava (KAVA) traded 5.6% higher against the dollar and now trades at $0.65 or 0.00001107 BTC.

About Velas

Velas (VLX) uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,585,558,520 coins. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. The official website for Velas is velas.com. 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 currently possible to buy alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first buy Bitcoin or Ethereum using an exchange that deals in US 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