Last Updated on April 1, 2024 by cryptocreed
Velas is a fork of Solana that claims to be a better version of Solana and Ethereum combined. Alex Alexandrov founded it in 2019. It has headquarters in Switzerland. He has also launched CoinPayments – you may know it as one of the first crypto payment gateways.
Velas is the world’s fastest EVM-compatible blockchain that allows more than 75K transactions every second with almost zero fees.
The current market cap of Velas is $98,301,340 and the 24-hour volume is $2,199,326. The price per VLX is 0.04227 USD.
In this article, we are going to check out the list of top Velas wallets where you can store VLX tokens safely and securely.
Best Velas Wallet To Store VLX Coin
There are a very limited number of wallets available for Velas and that’s not the problem. But there might be some fake or phishing wallets too on the internet hence check for security before using anyone.
Official Velas Wallets
Velas has official wallets for Android, iOS, Desktop, and the web. Their official wallets look more secure and are well-designed crypto wallets. As of now, Velas Wallet supports Ethereum, BSC, Heco, Litecoin, Bitcoin, and Velas network crypto coins.
To create a web wallet simply visit their wallet page here https://wallet.velas.com/ and then choose your preferred language. You can find links to wallets for all devices.
Once you selected language you will find two options Create and Restore. Click on Create the wallet, you will find the seed phrase keep it a safe place and your password as well. This is required while logging in.
Velas wallet can be used to stake Velas. You can find codes on GitHub.
Exchange Wallets
As Velas coin is currently trading on different cryptocurrency exchanges you can easily store coins on those exchanges. But this is very risky, and hence it is highly suggested to use official wallets instead of exchanges.
So where to buy Velas crypto?
The highly trusted exchanges where you can buy VLX and store VLX coins are Kucoin, Gate.io, and Huobi.
Velas Paper Wallet
They do not have any paper wallet generator for Velas but the team has guidance on how to create your paper wallet generator.
As this includes technical aspects I do not suggest to try to anyone without technical knowledge. Here is the guide: https://docs.velas.com/wallet-guide/paper-wallet/
