Velas (VLX) Trading Up 9.8% This Week

Velas (VLX) traded 7.8% lower against the US dollar during the 24 hour period ending at 17:00 PM E.T. on April 26th. One Velas coin can now be purchased for about $0.0154 or 0.00000024 BTC on major cryptocurrency exchanges. Velas has a total market capitalization of $39.70 million and approximately $1.03 million worth of Velas was traded on exchanges in the last day. In the last seven days, Velas has traded 9.8% higher against the US dollar.

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

• Avalanche (AVAX) traded 3.6% lower against the dollar and now trades at $34.91 or 0.00054540 BTC.
• NEAR Protocol (NEAR) traded 2.5% lower against the dollar and now trades at $6.99 or 0.00010927 BTC.
• Internet Computer (ICP) traded 4.9% lower against the dollar and now trades at $13.22 or 0.00020658 BTC.
• Hedera (HBAR) traded 6.1% lower against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Cronos (CRO) traded 3% lower against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Cosmos (ATOM) traded down 0.5% against the dollar and now trades at $8.38 or 0.00013089 BTC.
• Fetch.ai (FET) traded down 6.9% against the dollar and now trades at $2.19 or 0.00003418 BTC.
• Algorand (ALGO) traded down 1.1% against the dollar and now trades at $0.20 or 0.00000313 BTC.
• Akash Network (AKT) traded 6.3% lower against the dollar and now trades at $4.60 or 0.00007197 BTC.
• Kava (KAVA) traded down 1.8% against the dollar and now trades at $0.71 or 0.00001116 BTC.

Velas Coin Profile

Velas (CRYPTO:VLX) uses the hashing algorithm. Its launch date was April 25th, 2019. Velas’ total supply is 2,583,464,470 coins. The official website for Velas is velas.com. 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. 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.”

Velas Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Velas directly using US dollars. Investors seeking to trade Velas should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Velas using one of the aforementioned exchanges.

VLX/USD price chart by TradingView