How to get VLX (Velas)? Several ways to get VLX (Velas)

To acquire VLX tokens, individuals can purchase them on cryptocurrency exchanges like Binance, participate in staking on the Velas website or third-party platforms, engage in airdrops and giveaways, or mine VLX using specialized hardware.

Oct 06, 2024 at 09:18 am

How to get VLX (Velas)?

1. Purchase VLX on a cryptocurrency exchange

Several cryptocurrency exchanges allow you to buy VLX, including Binance, KuCoin, and Gate.io. To purchase VLX on an exchange, you will need to create an account and complete the KYC (Know Your Customer) process. Once your account is verified, you can deposit funds into your account and use them to purchase VLX.

2. Earn VLX through staking

VLX holders can earn rewards by staking their tokens. Staking involves locking your VLX tokens in a staking pool for a certain period of time. In return for staking your tokens, you will earn rewards in the form of additional VLX tokens. You can stake your VLX tokens on the official Velas website or through a third-party staking provider.

3. Participate in VLX airdrops and giveaways

Velas occasionally hosts airdrops and giveaways where users can earn free VLX tokens. To participate in these events, you will typically need to complete a set of tasks, such as following Velas on social media or signing up for their newsletter. Airdrops and giveaways are a great way to earn free VLX tokens, but it is important to be aware that there is no guarantee that you will receive any tokens.

4. Mine VLX

VLX can be mined using a GPU or ASIC miner. Mining involves solving complex mathematical problems in order to verify transactions on the Velas blockchain. In return for solving these problems, miners are rewarded with VLX tokens. Mining VLX can be a profitable way to earn rewards, but it is important to be aware that it can also be a costly and time-consuming process.