Velas Hits 1-Day Volume of $100,571.57 (VLX)

Velas (VLX) traded down 7.2% against the US dollar during the 1-day period ending at 12:00 PM ET on January 25th. One Velas coin can now be purchased for about $0.0066 or 0.00000006 BTC on major cryptocurrency exchanges. Over the last seven days, Velas has traded down 24.6% against the US dollar. Velas has a market cap of $17.68 million and approximately $100,571.57 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 0.1% against the dollar and now trades at $36.43 or 0.00034817 BTC.
• Hedera (HBAR) traded 2.5% lower against the dollar and now trades at $0.33 or 0.00000317 BTC.
• NEAR Protocol (NEAR) traded down 4.4% against the dollar and now trades at $4.94 or 0.00004720 BTC.
• Internet Computer (ICP) traded down 1.3% against the dollar and now trades at $9.17 or 0.00008765 BTC.
• Cronos (CRO) traded 2.3% lower against the dollar and now trades at $0.14 or 0.00000132 BTC.
• Algorand (ALGO) traded 3.1% lower against the dollar and now trades at $0.40 or 0.00000382 BTC.
• Fetch.ai (FET) traded 2.7% lower against the dollar and now trades at $1.21 or 0.00001156 BTC.
• Cosmos (ATOM) traded down 2.2% against the dollar and now trades at $6.23 or 0.00005959 BTC.
• Akash Network (AKT) traded 1.6% lower against the dollar and now trades at $2.76 or 0.00002635 BTC.
• Kava (KAVA) traded 3.3% lower against the dollar and now trades at $0.45 or 0.00000431 BTC.

About Velas

Velas (VLX) uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,678,363,823 coins. 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. The official website for Velas is velas.com.

According to CryptoCompare, “Velas (VLX) is a high-performance blockchain platform designed to support smart contracts and decentralised applications, capable of processing up to 75,000 transactions per second with low fees. It serves various sectors, including DeFi, NFTs, and gaming, and operates as a carbon-neutral network. Founded in 2019 by Alex Alexandrov, Velas is headquartered in Zug, Switzerland.”

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