How to Buy Velas (VLX)

Learn all about Buy Velas

Velas (VLX) is the related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 811 based on market capitalization on CoinMarketCap, with a market capitalization of 19402412 recorded at the time of writing. VLX has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Velas. They wish to invest or purchase Velas (VLX), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Velas. Regardless of your location, Bitrue can provide you with a simple and secure way to buy VLX.

Where and how to buy Velas

When it comes to purchasing Velas (VLX), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Velas in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased VLX will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Velas (VLX) through Bitrue.

Steps to Buy Velas (VLX)

Step 1 Create a Bitrue Account

- Register through the official website, Bitrue.com.
- Download the Bitrue App and complete the registration process.
After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.

Step 2 Complete KYC Verification

Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.

Step 3 Choose the method to Buy Velas (VLX)

Buy Velas through Spot Markets
- Note: Currently, the most popular Velas spot trading pairs include VLX/USDT and VLX/USDC. Before purchasing Velas (VLX) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Velas (VLX) from the list of cryptocurrencies.
- 3. Enter the quantity of VLX you want to purchase, either at the market price or set a target price for buying Velas.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Velas (VLX), users can only deposit VLX assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports VLX trading pairs for purchasing.

Step 4 Successful Purchase

The purchased Velas assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Velas cryptocurrency wallet.
Note: If you have not received your Velas (VLX), visit the help center or contact online customer support for assistance.

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Alternative methods to acquire Velas

Apart from directly buying Velas (VLX), what are the alternative methods to acquire Velas ?

Fixed Auto-Investment in VLX

Regularly invest a fixed amount at scheduled intervals in Velas (VLX) digital assets, enjoying both short-term returns and long-term benefits.

Staking VLX

Flexible staking of Velas (VLX) digital assets to earn interest or high returns in other cryptocurrencies.

Get Velas (VLX) for free

If you have enough time, you can obtain Velas for free through the following methods:

- Invite friends to join the Bitrue coupon event and earn free Velas (VLX).

- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Velas.

- All cryptocurrency airdrops and rewards can be exchanged for VLX through coin-to-coin exchange or spot trading.

How to keep your Velas safe and secure

Once you have purchased Velas, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Velas and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.

If you are highly familiar with operating on-chain Velas wallets, you also have the option to store Velas (VLX) separately in a personal encrypted wallet. This wallet serves to keep your Velas secure and accessible, allowing you to send and receive it while maintaining control.

To ensure the security of your Velas, consider the following types of encrypted wallets:

- Mobile Wallets: Store your private key in an application on your smartphone.

- Web Wallets: Third-party-controlled online servers that store your private key.

- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.

- Hardware Wallets: Physical devices for offline storage of private keys.

Note: Cryptocurrency wallets do not technically store your Velas encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.

Why Bitrue is the Best Platform for Buying Velas (VLX)

User-friendly Interface

Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Velas.

Swift Deposits and Withdrawals

Our efficient real-time trading system ensures your Velas assets are instantly depositable and withdrawable.

Security and Stability

With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Velas.

Get VLX with Bitrue

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Some market stats about VLX

Price Analysis

VLXVelas Price Now:

$0.00820%24H

Velas is rising this week.

The price of Velas has dropped by -29.91% in the last 7 days. It has seen a 0% increase in the past 24 hours and a 0% increase in just the last hour. The current price is $0.0082 per VLX. Velas is dropped -98.39% from its all-time high of $0.51.

Buy Velas Now

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Calculate the Returns on Your Velas Investment

How much profit would I have if I bought $ worth of Velas in

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Returns based on the average Velas price for that year. Not financial advice.

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How to buy other cryptocurrencies

There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.

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FAQ About Buy Crypto

How many Velas are there in total?

The total supply of Velas is 2,615,825,508.3822536 and the Circulating Supply is 2,615,825,508.3822536 .

Why are people buying Velas?

People buy Velas for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Velas serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Velas include investment, risk diversification, and trust in new digital assets.

Where is the preferred place to buy Velas?

Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase VLX.

How much does it cost to buy 10 VLX?

To purchase 10 VLX, the cost in USD would be $0.082.

What are the fees for buying Velas?

Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.

How to use Apple Pay to buy VLX?

Currently, Bitrue does not support purchasing VLX or adding fiat currency using Apple Pay.

How to use Google Pay to buy VLX?

Currently, Bitrue does not support purchasing VLX or adding fiat currency using Google Pay.

How to use Paypal to buy VLX?

Currently, Bitrue does not support purchasing VLX or adding fiat currency using Paypal.

What can I do with Velas?

You can use Velas to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.

How to sell my Velas?

If your Bitrue wallet does not hold Velas, you need to deposit VLX into your Bitrue account. If you already have VLX, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of VLX you want to sell, select the selling price, confirm the sell order, and once your VLX is successfully sold, you can withdraw funds to your set bank account or other payment methods.

Can I purchase Velas (VLX) worth 1 US dollar?

In theory, Velas (VLX) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for VLX is 10 US dollars.

Disclaimer

Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.

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