Velas (VLX) is the related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 654 based on market capitalization on CoinMarketCap, with a market capitalization of 45504352 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.
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.
FAQ About Buy Crypto
How many Velas are there in total?
The total supply of Velas is 2,656,418,805 and the Circulating Supply is 2,656,418,805 .
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 $0.083.
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.