$ 0.0126 USD
$ 0.0126 USD
$ 31.512 million USD
$ 31.512m USD
$ 764,713 USD
$ 764,713 USD
$ 6.697 million USD
$ 6.697m USD
2.6393 billion VLX
Issue Time
2019-09-18
Platform pertained to
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Current price
$0.0126USD
Market Cap
$31.512mUSD
Volume of Transaction
24h
$764,713USD
Circulating supply
2.6393bVLX
Volume of Transaction
7d
$6.697mUSD
Change
24h
0.00%
Number of Markets
90
More
Warehouse
Velas AG
Github's IP Address
[Copy]
Codebase Size
16
Last Updated Time
2020-12-18 15:35:32
Language Involved
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Agreement
--
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+157.27%
1Y
+65.27%
All
-54.86%
Note: VLXs official site - https://www.velas.com/currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this token.
Short name | VLX |
Full name | Velas |
Support exchanges | Binance, Huobi, KuCoin, Gate.io, MEXC Global, Bitrue, Bitget, LBank, AEX, BitMart |
Storage Wallet | MetaMask, WalletConnect, Binance Chain Wallet, Trust Wallet, imToken, TokenPocket, MathWallet, SafePal, BitKeep, Coin98 |
Customers Service | Website, Announcements, Whitepaper, FAQ, Social Media |
Velas stands as a powerful blockchain platform that seamlessly blends the strengths of centralized and decentralized technologies, delivering a robust solution characterized by speed, security, and scalability. At its core lies an AI-powered Delegated Proof of Stake (AIDPOS) consensus mechanism, meticulously crafted to optimize both security and transaction throughput. This innovative approach makes Velas an ideal platform for a diverse range of applications, spanning the realms of finance, entertainment, and decentralized applications (dApps).
Pros | Cons |
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Velas presents a promising blockchain platform with innovative features and a focus on scalability and versatility. However, its relative newness, limited exchange listings, price volatility, and competitive landscape are factors to consider for potential users and investors.
Velas differentiates itself through its innovative AIDPOS consensus mechanism, focus on scalability, versatility across various applications, commitment to community-driven development, and a thriving ecosystem. These factors position Velas as a promising contender in the blockchain space, offering a unique blend of features and a promising outlook for the future.
Velas (VLX) functions as the native token of the Velas blockchain platform. Here's a breakdown of how VLX plays a role in the Velas ecosystem:
In essence, VLX serves as the fuel that powers the Velas ecosystem. It facilitates transactions, incentivizes network participation, and grants users governance rights and potential access to various services. The value of VLX is tied to the overall success and adoption of the Velas platform.
As of June 23, 2024, Velas (VLX) has a market capitalization of $25.245 million, ranking it #735 on CoinMarketCap. The current price of VLX is $0.009696, with a 24-hour trading volume of $653,898. The circulating supply of VLX is 2,603,544,136 tokens, and the maximum supply is not available.
VLX has experienced significant price fluctuations since its launch in 2020. The all-time high price for VLX was $0.569, reached on January 4, 2022. The current price is 98.30% lower than the all-time high.
Here are some of the factors that could influence the future price of VLX:
Overall, Velas (VLX) is a relatively new and volatile cryptocurrency with a promising underlying technology. The future price of VLX will depend on a variety of factors, including overall market conditions, adoption of the Velas platform, and competition from other blockchain platforms.
Here are some of the most popular exchanges where you can buy VLX:
There are several options for storing your VLX tokens, each offering varying levels of security, control, and convenience. Here's a breakdown of some popular storage methods:
In essence, the Velas blockchain shows potential, but the security of your VLX investment is influenced by various elements. By being aware of possible risks and implementing proper safeguards, you can reduce the likelihood of investment loss. The key is to approach your VLX holdings with a balanced understanding of both the blockchain's capabilities and the necessary precautions for cryptocurrency ownership.
Velas (VLX) offers a compelling proposition as a high-performance blockchain platform. Its AI-powered AIDPOS consensus mechanism promises enhanced security and scalability, making it suitable for a wide range of applications. However, the platform's relative newness and the inherent volatility of the cryptocurrency market warrant careful consideration before investing in VLX. Thorough research and a focus on secure storage practices are crucial for mitigating potential risks.
What is Velas (VLX) used for?
VLX is the native token of the Velas blockchain. It fuels transactions, incentivizes network participation through staking, and grants holders voting rights in the platform's governance. Additionally, VLX might be required for accessing certain services within the Velas ecosystem.
Where can I buy VLX?
Popular exchanges like Binance, Huobi, KuCoin, Gate.io, and MEXC Global currently list VLX for trading.
How can I store VLX securely?
You have several storage options for VLX, each with varying security levels and convenience. Centralized exchanges offer ease of use but hold your private keys. Software wallets provide more control but require user responsibility for security. Hardware wallets offer the highest security by storing your private keys offline in a tamper-proof device.
Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.
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