Velas (VLX) is a Solana (SOL) fork founded in 2019 to achieve a fast and scalable blockchain on which many services can be built while also integrating cross-chain compatibility.
Velas launched its Mainnet in February 2020. Its official software wallet is easy to use and is well-known in the crypto industry for its fast blockchain speed (up to 75,000 transactions per second) and low transaction costs ($0.00001).
Dubbed to be much better than Solana (SOL) itself, Velas (VLX) is a Proof of Stake (PoS) coin that can be staked and is showing signs of a promising future.
Related Post: GUIDE to Velas (VLX) cryptocurrency coin
This article will list all six (6) cryptocurrency exchanges where you can now buy your Velas (VLX) coin.
Where to buy Velas (VLX) coins?
As Velas (VLX) is still relatively new, few cryptocurrency exchanges offer VLX coins on their platforms. However, the following exchanges already list KLX coins on their platform. Therefore, you can buy them from any of them quickly, using the payment methods stated in this article.
Founded in 2017 and registered in Seychelles, KuCoin offers over 600+ coins and 1100+ market pairs for buying, selling, storing and trading.
To buy Velas (VLX), you need to either deposit Bitcoin (BTC) into the KuCoin exchange or buy BTC using any of KuCoin’s supported payment methods and trade it into Velas (VLX) later on.
You can buy Velas (VLX) using over 70+ different payment methods. Examples are;
- via Credit Card (VISA & Mastercard)
- via Paypal
- via Apple Pay
- via P2P OTC using, e.g. TransferWise, PAYEER, etc
- via third-party payment channel, e.g. Simplex
Features of KuCoin
Some of the features of KuCoin include spot trading, margin trading, a trading bot and futures derivatives. The platform also offers crypto lending (high-interest yields) and an Earn feature, which is basically the staking of coins.
Founded in 2013 and based in George Town, Kentucky, U.S, Gate.io is one of the earliest cryptocurrency exchanges.
Gate.io deploys a secure safety process to safeguard its customers’ crypto assets by storing most of them in cold wallets. At the same time, a small number of digital currencies are kept in hot wallets. This ensures the safety of the user’s assets while allowing for fast withdrawals.
To buy Velas (VLX), you need to deposit USDT into the Gatte.io exchange or buy USDT using any supported payment methods and trade it into Velas (VLX) later.
You can buy Velas (VLX) and other cryptocurrencies on Gate.io through several payment methods, such as;
- Credit Card (VISA & Mastercard)
- SEPA transfer
- Apply Pay & Google Pay
- Third-party payment channels, e.g. Coinify & AdvCash
Features of Gate.io
Users can perform spot trading, leveraged trading, futures trading, swapping of cryptos, cloud mining, crypto lending and an NFT marketplace.
Founded in 2014 and based in Seattle, USA, Bittrex is a centralized cryptocurrency exchange that supports trading over 500+ coins and over 1000+ market pairs. Bittrex is a good option for active traders since it offers low trading fees and a wide selection of crypto trading pairs.
To buy Velas (VLX), you will need to either deposit Bitcoin (BTC) or USDT into your Bittrex account or buy USDT or BTC directly from Bittrex and trade it with VLX subsequently.
Users can also buy crypto instantly on Bittrex using popular payment methods.
- Debit and Credit Card
- Wire transfer from a bank account
- SEPA transfer
Features of Bittrex
Some of Bittrex’s features include spot trading, earning crypto interest through staking and having a dedicated online wallet for your altcoins.
Founded in 2017, ProBit is a Korea-based centralized exchange incorporated in Seychelles (ProBit Global) and South Korea (ProBit Korea) and accepts traders worldwide. It has its own token called PROB.
To buy Velas (VLX), you will need to either deposit Bitcoin (BTC) or USDT into your ProBit account or buy USDT or BTC directly from ProBit and trade it with VLX subsequently.
- Credit Card (VISA & Mastercard)
- Google Pay
- Apple Pay
- Samsung Pay
- Payment providers, e.g. MoonPay
Features of ProBit
ProBit supports over 500+ coins and over 700+ trading pairs. Besides spot trading, airdrops and crypto staking features, it also offers Initial Exchange Offering (IEO) via its platform.
Founded in 2018 after receiving monetary grants from the Ethereum foundation, Uniswap has now grown rapidly into one of the largest decentralized cryptocurrency exchanges in terms of the daily trading volume.
UniSwap exchange facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts. Any changes to the UniSwap protocols will be voted on using its own native token, UNI.
The only way to obtain Velas (VLX) is to deposit any token into UniSwap and swap it with Velas (VLX).
No payment methods are accepted in UniSwap. Users have to connect their tokens wallets to UniSwap. The supported wallets are;
- Coinbase Wallet
Features of UniSwap
UniSwap uses liquidity pools rather than serving as a market maker. Anyone with crypto assets can contribute to the liquidity pool and earn crypto interest on it. In this way, UniSwap aims to create more efficient markets.
Users can swap any tokens with another token using UniSwap’s platform.
Velas’ official website has a BUY page that allows users to purchase VLX coins using a credit card or debit card (VISA & Mastercard).
You will go through payment processing services like Simplex and Transak.
The disadvantage of using this method are;
- At least a minimum purchase of USD 50 is required
- The processing fee is hefty – (3.5% to 5% and a minimum of USD 10)
- The exchange rate (fiat to crypto return) is not as competitive as buying from exchanges such as KuCoin and Bittrex.
- The processing time to receive your VLX can take 20 minutes to 2 business days, and you will be informed via email.