Velas Price (VLX)

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1 VLX =$0.0148Last updated:
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Price of Velas (VLX) today

As of the latest data, Velas (VLX) is currently priced at $0.0148 with a market capitalization of $38.09M. The 24-hour trading volume stands at $853.06K, The circulating supply of Velas is approximately 2.59B. The cryptocurrency has seen a -2.4% decrease in value over the past 24 hours.

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Velas (VLX) staking rewards

About Velas (VLX)

Velas is a multi-currency wallet designed to provide users with a secure platform for storing, staking, and transferring digital assets. With the highest level of security available today, Velas ensures that your assets are protected at all times. The wallet allows for seamless management of various cryptocurrencies, making it convenient for users with diverse portfolios.

One of the key features of Velas is its advanced security measures, which safeguard users' assets from potential threats and unauthorized access. Additionally, the platform offers staking capabilities, allowing users to earn rewards by participating in the network's consensus mechanism. This feature enables users to actively contribute to the network while earning passive income.

Velas leverages cutting-edge technology to provide a user-friendly and efficient experience. The platform's intuitive interface makes it easy for both beginners and experienced users to navigate the wallet and manage their assets effectively. With a focus on security, convenience, and innovation, Velas is a valuable tool for individuals looking to securely store and manage their digital assets.

How does Velas work?

Velas (VLX) operates as a decentralized platform that enables peer-to-peer transactions through its underlying blockchain technology. It utilizes a unique consensus mechanism called Artificial Intuition Delegated Proof of Stake (AIDPOS) to achieve high scalability and security. Velas stands out from traditional financial systems by offering fast transaction speeds, low fees, and enhanced privacy features. Its AI-powered algorithms help optimize network performance and prevent fraud. Velas can be used for a wide range of applications, including decentralized finance (DeFi), gaming, supply chain management, and more. Its innovative features and diverse functionalities make it a versatile solution for various industries seeking to leverage blockchain technology for improved efficiency and transparency.

How to keep your Velas (VLX) safe?

To keep your Velas (VLX) safe, consider using hardware wallets such as Ledger for enhanced security measures. These wallets store your private keys offline, making it nearly impossible for hackers to access your funds. Additionally, trusted platforms like Velas Vault provide a secure environment for storing and managing your VLX tokens. By utilizing these tools, you can protect your assets from potential threats and ensure peace of mind when it comes to the security of your Velas holdings.


Velas Buying Guide

Frequently asked questions about Velas (VLX)