How to Buy Velas (VLX) in Anguilla

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

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your first 10 Dollar.

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) 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 identical. Velas (VLX) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

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

As soon as your deposit has been approved, you'll now have access to your finances and you can start buying and trading. To invest in {Velas (VLX)|(VLX) Velas} on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

To spot {Velas (VLX)|(VLX) Velas}, you'll need to put the short name of the asset (VLX) into the search-box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this too. Click on “VLX/BTC” to go on.

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

After you have found {Velas (VLX)|(VLX) Velas}, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order.

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

When you're glad, make a mouse click on “Buy VLX”. Your plan will be filled when a Seller trades their VLX for the price you submitted.

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

Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extended time frame. In order to take off your {Velas (VLX)|(VLX) Velas}, go to the tab called “Funds” and mouse click on “Withdraw”. {Velas (VLX)|(VLX) Velas} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Velas (VLX)|(VLX) Velas} by using the given drop-down box. Put into the quantity of {Velas (VLX)|(VLX) Velas} you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you are glad, click on “Submit”. You could be requested for phone/email verification before a take off.

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

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the {Velas (VLX)|(VLX) Velas} is safe inside your wallet, you are all done.

And some more interesting Altcoins:

How to buy AhaToken (AHT) in Anguilla
How to buy SkinCoin (SKIN) in Azerbaijan
How to buy OIN Finance (OIN) in Anguilla