Velas Price Reaches $0.0077 (VLX)

Velas (VLX) traded 3.9% lower against the US dollar during the twenty-four hour period ending at 22:00 PM ET on November 3rd. Over the last week, Velas has traded down 16.7% against the US dollar. Velas has a total market cap of $20.45 million and approximately $470,216.72 worth of Velas was traded on exchanges in the last day. One Velas coin can now be purchased for $0.0077 or 0.00000011 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded up 1.1% against the dollar and now trades at $23.80 or 0.00034436 BTC.
• NEAR Protocol (NEAR) traded up 0.2% against the dollar and now trades at $3.73 or 0.00005401 BTC.
• Internet Computer (ICP) traded down 1% against the dollar and now trades at $7.24 or 0.00010475 BTC.
• Fetch.ai (FET) traded 1% lower against the dollar and now trades at $1.16 or 0.00001671 BTC.
• Cronos (CRO) traded 0.4% higher against the dollar and now trades at $0.0719 or 0.00000104 BTC.
• Hedera (HBAR) traded 0.5% lower against the dollar and now trades at $0.0433 or 0.00000063 BTC.
• Cosmos (ATOM) traded 0.1% higher against the dollar and now trades at $4.00 or 0.00005792 BTC.
• Algorand (ALGO) traded 0.3% lower against the dollar and now trades at $0.11 or 0.00000161 BTC.
• Akash Network (AKT) traded 0.2% higher against the dollar and now trades at $2.27 or 0.00003290 BTC.
• Theta Fuel (TFUEL) traded 1% higher against the dollar and now trades at $0.0505 or 0.00000073 BTC.

Velas Profile

Velas (VLX) uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,650,528,713 coins. The Reddit community for Velas is https://reddit.com/r/velas and the currency’s Github account can be viewed here. Velas’ official message board is velas.com/en/blog. The official website for Velas is velas.com. Velas’ official Twitter account is @velasblockchain and its Facebook page is accessible 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 purchase alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to acquire Velas should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Velas using one of the exchanges listed above.

VLX/USD price chart by TradingView