How to Buy VLXThe Velas Token

About Velas

Velas is a Switzerland-headquartered ecosystem founded in 2019 by Alex Alexandrov, a founder of CoinPayments which is one of the top payment gateways for cryptocurrencies.

Reasons to Buy $VLX

The Velas coin may not sound as familiar as Bitcoin or Ethereum. However, many analysts have predicted its boom in 2022.

  • There is almost no gas fee. The amount of money you’ll pay for a single transaction is $0.00001.
  • Velas can perform up to 75,000 transactions per second, which means no transaction will take forever to be executed! Research shows this metric can reach up to 710,000 transactions per second on a standard, gigabyte network. As a comparison, Bitcoin’s blockchain capacity is only 7 transactions per second.
  • Velas uses Proof of History instead of Bitcoin’s Proof of Work consensus. Proof of History has a verifiable delay function requiring a sequence of steps to be executed. The result is a unique output that can be simply vetted and be used instead of a standard median timestamp practice in the Proof of Work model.

How Many VLX Are in Circulation?

The circulating supply is 2,276,903,440 VLX, the total supply is 2,281,785,132 VLX and the non-circulating supply is 4,881,692 VLX.

Where to Buy VLX

You might consider only the most reliable exchanges for buying VLX. We’ll name some best options in this article for you to consider. After reading this, your question of “where can I buy Velas?” will be clear for you.

The Best Option to Buy VLX: The Velas Website

You can buy VLX on the official Velas website at https://buy.velas.com. By purchasing VLX on the Velas website, you will face no hidden commissions or gas fees, everything is secure and transparent.

Gate.io — Your Gate to Cryptocurrencies

Gate.io is one of the global top 10 cryptocurrency exchanges, providing safe and transparent transactions. There are many currencies available, including the newest ones like $APE. The trading volume of this exchange reaches $100M daily.

  1. Go to ‘Trade’.
  2. Choose ‘Spot Trading’.
  3. Log in.
  4. Buy $VLX with a payment method of your choice.

KuCoin — Your Place to Buy VLX

KuCoin is an exchange where you can buy, sell, and trade cryptocurrency including VLX. It’s owned by Johnny Lyu, the CEO and founder of KuCoin. This exchange started in 2017 and now has more than 10 million registered users from over 200 countries.

  1. Log in to the exchange.
  2. Go to ‘Trade’.
  3. Choose ‘Spot Trading’ or ‘Margin Trading’.
  4. Choose a pair of VLX/USD.
  5. Start trading after you get the currency.

BingX — A Place To Connect

BingX existed earlier under the name BigBon. They are focused on elite traders and connecting them to smarter investment strategies. This platform was founded in 2018 and was rebranded in 2021.

  1. Log in to BingX.
  2. Go to ‘Spot’.
  3. Choose ‘Spot’.
  4. Select $VLX/USD pair.
  5. Start trading after your account is funded.

CoinEx — A Comfy Exchange for Pro Traders

CoinEx was founded in 2017 by Haipo Yang and was led by the ViaBTC group. This exchange has pro traders as its main audience. CoinEx is extremely proud of its team consisting of employees coming from FAANG and other large international companies. CoinEx claims to be secure, stable, efficient, and an amazing place to belong for professional traders.

  1. Log in to your CoinEx account.
  2. Choose ‘Exchange’ on the top menu of the website.
  3. Select the VLX/USD pair.
  4. Set a spot trading order if you want, or buy it via the provider of your choice after pressing “Buy”.

PancakeSwap — A Good Place for Professional Swappers

This decentralized exchange (DEX) was founded at the end of 2020 by a group of anonymous developers. Some sources say that the team contained about a dozen people, including 2 co-leads and 10 engineers. Despite the anonymity of founders, the platform has run through several blockchain security checks and is proven to be reliable by reputable companies like Slowmist and Certick.

  1. Open PancakeSwap.
  2. In the pop-up window, press “I understand” and “Import”.
  3. Select the currency you’d like to swap to VLX.
  4. Set the number of coins you’d like to swap.
  5. Connect your wallet to PancakeSwap.
  6. Conduct the transaction.

Conclusion

With all the possibilities that the crypto world discovers, it may be complicated to choose the exchange that fits your needs. Hopefully, because of this article, you have found a place that is a perfect fit for buying your VLX tokens.

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