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How to buy Velas (VLX) Guide

Updated on:  2024/06/03 06:30:15(UTC+0)
Coin rating
4.5
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In this tutorial, we will discuss:
1
Where and how to buy Velas
2
Alternative methods to obtain Velas
3
Methods to obtain Velas for free
4
What are the applications of Velas
5
Market stats to assist in determining optimal times for purchasing Velas
6
How to safely store your Velas
7
How to withdraw Velas

Where and how to buy Velas

Investing in Velas has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Velas. Here's a step-by-step guide on how to buy Velas on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Velas order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Velas order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Velas is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Velas order.
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How to buy crypto via third-party gateway
Buy Velas via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Velas order.
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How to buy crypto on Bitget P2P
Buy Velas with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Velas order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Velas in your Bitget spot account

If you've chosen to purchase Velas on Bitget, your Velas will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Velas

In addition to purchasing Velas directly, there are numerous other ways to obtain Velas.

Convert crypto to Velas with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Velas. Just choose your available crypto assets, specify the amount for the Velas swap, confirm, and check Velas instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Velas with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Velas anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Velas.

Methods to obtain Velas for free

Using real money to buy Velas is not the only way to obtainVelas. If you have the time to allocate, you can get Velas for free.
Learn how to earn Velas for free through the Learn2Earn promotion
Earn free Velas by inviting friends to join Bitget's Assist2Earn promotion
Receive free Velas airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Velas through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Velas Price Page and bookmark them to stay updated!
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A welcome pack of 1000 USDT for new Bitgetters!
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How to buy Velas in other countries?

You can easily buy Velas (Velas) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Velas in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-06-03.

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A welcome pack of 1000 USDT for new Bitgetters!

What can you do with Velas?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Velas

Many users hold on to their Velas with the expectation of it increasing in value. You can store your VLX safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Velas

You can trade Velas for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Velas trading to meet your needs.

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Send Velas

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Velas online and send to anyone and anywhere with their Velas address.

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Spend Velas

You can also buy goods and services with your Velas. More and more vendors and retailers accept Velas every day.

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Donate Velas

Bitget Charity accepts Velas donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Velas so no one misses out on the growth made possible by blockchain.

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Learn More About Velas

You can read more in-depth articles on Velas from Bitget Research and study how cryptocurrencies like Velas work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Velas

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Velas facts from our Bitget Academy articles. Learn why people buy Velas today!

What is Velas (VLX)?

Velas is a layer-1 blockchain that is community-driven and user-focused. It was introduced in 2019 by Alex Alexandrov and Farkhad Shagulyamov. The mainnet was launched in 2020. The blockchain claims to be the fastest EVM-compatible blockchain with the ability to process up to 75,000 tps at the cost of $0.00001 per transaction.

How Velas (VLX) Works

Velas is built from two main elements, eBPF (extended Berkeley Packet Filter) from Solana and DPoS consensus mechanism. The former is an architecture-agnostic technology that allows codes to run in a sandboxed virtual machine, making applications both secure and fast. The latter is a consensus mechanism that is more scalable than Proof of Work, more democratic than Proof of Stake, very secure in the event of double-spend attacks, and allegedly the most decentralized consensus mechanism till date.

In Velas, validator nodes do not compete with each other or work alone. They work together in “cluster” with everyone taking turn being the leader, so the network can maintain the integrity of the ledger while securely and efficiently processing transactions.

How Many Velas (VLX) Tokens Are in Circulation?

VLX token does not have a hard cap on total supply. 2,407,157,401 VLX tokens are in circulation.

How to Buy Velas (VLX)

Consider investing in Velas (VLX)? It only takes 2 minutes to create an account on Bitget and start trading VLX. 

Check out the available VL X trading pairs on Bitget!

Spot market

VLXUSDT

Velas (VLX) Resources

Official Website

Official Documents

Official Whitepaper

How to safely store your Velas

Many investors opt to hold onto their Velas for long-term investment. Safeguard your Velas with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Velas wallet at Bitget.

How to withdraw Velas with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Velas or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Velas you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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How to buy Velas (VLX) Guide

FAQ
How do I purchase Velas?
Nowadays, you can purchase and store Velas hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Velas. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Velas?
In theory, Velas can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Velas?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Velas?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Velas?
The best place to buy Velas is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Velas right now?
You should make a decision on purchasing or investing in Velas or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Velas online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Velas instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Velas purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.