How to Buy Velas (VLX) in Anguilla

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

Step 1 – Join Coinmama

You'll first need to purchase one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Velas (VLX) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate {Velas (VLX)|(VLX) Velas}

Once your deposit has been approved, you will instantly have access to your finances and you can launch invest and trading. To purchase {Velas (VLX)|(VLX) Velas} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

To discover {Velas (VLX)|(VLX) Velas}, you will need to put the short name of the asset (VLX) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have highlighted this also. Click on “VLX/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Velas (VLX)
Step 4 – Purchasing {Velas (VLX)|(VLX) Velas}

Once you've located {Velas (VLX)|(VLX) Velas}, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date price {Velas (VLX)|(VLX) Velas} was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of VLX you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of VLX.

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

Step 5 – Withdraw {Velas (VLX)|(VLX) Velas}

Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extended time period. To withdraw your {Velas (VLX)|(VLX) Velas}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Velas (VLX)|(VLX) Velas} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Velas (VLX)|(VLX) Velas} by using the provided drop-down box. Put into the quantity of {Velas (VLX)|(VLX) Velas} you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Congrats! You've successfully bought and stored Velas (VLX) in Anguilla.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {Velas (VLX)|(VLX) Velas} is stored within your wallet, you are done.

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