How to Buy Velas (VLX)

A Step-by-Step-Guide on how to buy Velas (VLX)

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome $10.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Velas (VLX) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate Velas (VLX)

As soon as your deposit has been verified, you will directly have access to your finances and you can launch invest and trading. To buy Velas (VLX) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”.

To locate Velas (VLX), you will need to insert the shortname of the coin (VLX) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this too. Click on “VLX/BTC” to go ahead.

Binance Hot To Buy Velas (VLX)
Binance How to Buy (VLX) Velas
Step 4 – Buy Velas (VLX)

Once you've spotted Velas (VLX), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price Velas (VLX) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of VLX you like to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of VLX.

If you are glad, make a mouse click on “Buy VLX”. Your plan will be filled when a Vender trades their VLX for the price you introduced.

Step 5 – Withdraw Velas (VLX)

Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an extended time frame. In order to withdraw your Velas (VLX), hover over the tab called “Funds” and click on “Withdraw”. Velas (VLX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Velas (VLX) by using the provided drop-down box. Drop in the quantity of Velas (VLX) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

Kudos! You've successfully purchased and stored (VLX) Velas.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (VLX) Velas is stored in your wallet, you're all done.