Velas Price Tops $0.0053 (VLX)

Velas (VLX) traded up 5.3% against the U.S. dollar during the 1 day period ending at 14:00 PM ET on August 23rd. One Velas coin can now be bought for approximately $0.0053 or 0.00000008 BTC on popular exchanges. During the last week, Velas has traded 4.6% higher against the U.S. dollar. Velas has a market capitalization of $13.92 million and $517,882.39 worth of Velas was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded up 9.1% against the dollar and now trades at $26.42 or 0.00042033 BTC.
• NEAR Protocol (NEAR) traded up 10.6% against the dollar and now trades at $4.74 or 0.00007535 BTC.
• Internet Computer (ICP) traded up 6.2% against the dollar and now trades at $8.52 or 0.00013555 BTC.
• Cronos (CRO) traded 3.4% higher against the dollar and now trades at $0.0898 or 0.00000143 BTC.
• Hedera (HBAR) traded 7.4% higher against the dollar and now trades at $0.0591 or 0.00000094 BTC.
• Cosmos (ATOM) traded up 8.2% against the dollar and now trades at $5.06 or 0.00008058 BTC.
• Fetch.ai (FET) traded 18% higher against the dollar and now trades at $1.16 or 0.00001846 BTC.
• Algorand (ALGO) traded 6.6% higher against the dollar and now trades at $0.14 or 0.00000229 BTC.
• Akash Network (AKT) traded 6.7% higher against the dollar and now trades at $2.62 or 0.00004225 BTC.
• Theta Fuel (TFUEL) traded up 3.7% against the dollar and now trades at $0.0626 or 0.00000100 BTC.

Velas Coin Profile

Velas uses the hashing algorithm. It was first traded on April 25th, 2019. Velas’ total supply is 2,625,281,796 coins. The official website for Velas 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. 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 presently 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 GDAX, Changelly or Gemini. 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