Can the VX500 connect to a USB-A port or an older USB 2.0 port?

Yes. It is compatible with USB 2.0, and the package includes a USB-A to USB-C cable.

What transfer speed can the Verbatim VX500 480GB reach, and what connection is recommended for optimal performance?

It supports transfer rates up to 500MB/s. For optimal performance, use a USB 3.1 Gen 2 or Thunderbolt 3 port and cable.

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Verbatim VX500 480GB USB-C External SSD