Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Velas (VLX) in the US

A beginner's guide to buying and selling VLX in the US.

Velas
VLX- USD
$0.05
+$0.0018 (+3.89%)

How to buy Velas

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Velas.

  1. Open an account on an exchange that supports VLX.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Velas.
  3. Buy Velas.
    Complete your Velas purchase and then find the best wallet to store VLX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Velas?

Virtual Expanding Learning Autonomous System, or Velas, is a high throughput blockchain that aims to automize its operating parameters through a unique set of features. The network has created an innovative consensus mechanism called Artificial Intuitive Delegated Proof of Stake (AIDPos). The protocol aims to combine artificial intelligence (or intuition, as they call it) and “human consciousness”. The Velas blockchain seeks to gather, classify and distinguish patterns and relationships among sets of data that interact with the network, in its quest for higher throughput without giving up security. Velas uses a native token called XLV which has a number of different capabilities. The token is needed to fuel smart contracts and pay transaction fees, and also gives users discounts on fees. On top of all this, it can also be used for staking.

Velas (VLX) is the 308th largest cryptocurrency in the world by market cap, valued at $104,051,102. The current price of Velas is $0.04779386, which is 5.805% higher than yesterday. Prices have ranged between $0.04779373 and $0.04438719 over the past 24 hours. All prices are listed in US dollars and accurate as of July 31, 2021 11:07 UTC.

Where to buy

Unfortunately, at this time no major exchanges in the United States offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Velas at a glance

Information last updated July 31, 2021 11:07 UTC.
Coin symbolVLX
Total VLX supply2,139,161,844
Circulating VLX2,177,086,908
Current priceUS$0.04779386
All time highUS$0.208665
All time high dateApril 02, 2021
Notable team membersAlex Alexandrov
PartnershipsTravala
IndustryBlockchain platform
Token usesUtility token
NetworkVelas

Velas price performance over time

Historical prices compared with the price of US$0.04779386.

1 hour 0.38%
24 hours 5.81%
7 days 19.30%
14 days 18.44%
30 days -11.81%
60 days -44.23%
200 days 45.25%
1 year 3.92%

How to sell Velas

You can cash out your VLX with the same exchange you bought it through:

  1. Sign in to the exchange you have VLX on.
    If you store your Velas in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of VLX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Velas.

What to consider when buying Velas

Velas has recently announced the implementation of Velas 3.0. It will be formed by dozens of interrelated parts, with the goal of making the blockchain easier to access, more inclusive and more powerful. Although Velas is highly complex and technical in nature, its one-of-a-kind approach, the AIDPoS consensus mechanism and recent network upgrade should warrant users' attention.
  • Experienced team. Velas was founded by Alex Alexandrov, a crypto entrepreneur and prominent blockchain explorer. He is also the founder of CryptoPayments, the world’s #1 gateway for cryptocurrency payments.
  • Speed. The Velas team claims it can handle a high transaction throughput, of up to 50,000 t/ps. On top of that, due to the underlying capabilities of its delegated proof of stake, it requires up to 80% consensus for block validation, greatly reducing the possibility of malicious actors overriding the system.
  • BitOrbit. This is Velas’s new social content platform which includes a XLV wallet, file-sharing capabilities, chat functionality and more
  • Built for users, developers and merchants. It's built as a Telegram-style model, although enhancing it with several other capabilities, creating a complete social network.
  • New IPFS-powered content distribution platform. Establishes new community governance guidelines to eliminate certain content, and provides a file hosting and sharing platform which users can monetize.
Disclaimer: Cryptocurrencies, including Velas, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of VLX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Velas or any other cryptocurrency discussed.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site