Velas Hits One Day Trading Volume of $135.20 (VLX)

Velas (VLX) traded down 4.8% against the dollar during the 1-day period ending at 10:00 AM ET on February 5th. One Velas coin can currently be bought for approximately $0.0007 or 0.00000001 BTC on major cryptocurrency exchanges. In the last seven days, Velas has traded down 17.4% against the dollar. Velas has a market capitalization of $1.94 million and approximately $135.20 worth of Velas was traded on exchanges in the last day.

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

• Cronos (CRO) traded down 7.9% against the dollar and now trades at $0.0768 or 0.00000109 BTC.
• Avalanche (AVAX) traded 7% lower against the dollar and now trades at $9.31 or 0.00013216 BTC.
• Hedera (HBAR) traded 7% lower against the dollar and now trades at $0.0861 or 0.00000122 BTC.
• Internet Computer (ICP) traded down 7.7% against the dollar and now trades at $2.50 or 0.00003555 BTC.
• NEAR Protocol (NEAR) traded down 6.4% against the dollar and now trades at $1.11 or 0.00001573 BTC.
• Cosmos (ATOM) traded down 4.2% against the dollar and now trades at $1.97 or 0.00002797 BTC.
• Algorand (ALGO) traded down 8% against the dollar and now trades at $0.0980 or 0.00000139 BTC.
• Fetch.ai (FET) traded down 8.3% against the dollar and now trades at $0.17 or 0.00000239 BTC.
• PayProtocol Paycoin (PCI) traded 6.2% lower against the dollar and now trades at $0.0604 or 0.00000086 BTC.
• Theta Fuel (TFUEL) traded 7.2% lower against the dollar and now trades at $0.0146 or 0.00000021 BTC.

About Velas

Velas (VLX) uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,764,304,288 coins. The official message board for Velas is velas.com/en/blog. Velas’ official website is velas.com. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible here. 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 acquire Velas should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView