Velas Price Reaches $0.0086 on Major Exchanges (VLX)

Velas (VLX) traded down 2.3% against the dollar during the 24 hour period ending at 10:00 AM Eastern on October 31st. Velas has a market capitalization of $22.68 million and $528,495.66 worth of Velas was traded on exchanges in the last 24 hours. During the last week, Velas has traded down 8.7% against the dollar. One Velas coin can now be bought for approximately $0.0086 or 0.00000012 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 4.3% lower against the dollar and now trades at $25.23 or 0.00035498 BTC.
• NEAR Protocol (NEAR) traded 4.8% lower against the dollar and now trades at $4.16 or 0.00005850 BTC.
• Internet Computer (ICP) traded 4.1% lower against the dollar and now trades at $7.81 or 0.00010995 BTC.
• Fetch.ai (FET) traded up 0.3% against the dollar and now trades at $1.31 or 0.00001849 BTC.
• Cronos (CRO) traded 4.2% lower against the dollar and now trades at $0.0735 or 0.00000103 BTC.
• Hedera (HBAR) traded down 5.3% against the dollar and now trades at $0.0464 or 0.00000065 BTC.
• Cosmos (ATOM) traded 4.2% lower against the dollar and now trades at $4.29 or 0.00006041 BTC.
• Algorand (ALGO) traded down 5.1% against the dollar and now trades at $0.12 or 0.00000163 BTC.
• Akash Network (AKT) traded down 5.2% against the dollar and now trades at $2.40 or 0.00003362 BTC.
• Kava (KAVA) traded 6.6% lower against the dollar and now trades at $0.33 or 0.00000466 BTC.

About Velas

Velas uses the hashing algorithm. It launched on April 25th, 2019. Velas’ total supply is 2,641,298,356 coins. Velas’ official website is velas.com. 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. 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 buy alternative cryptocurrencies such as Velas directly using U.S. dollars. Investors seeking to trade Velas should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, 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