Velas is an authorized Proof of Stake blockchain, based on the Solana Network. The team behind this project is actively working on developing its own blockchain for the ultimate decentralized internet – commonly referred to as ‘Web 3.0’. It does so in an effort to return power over data, and the Internet itself, to people.
To achieve this, Vilas believes that the key lies in providing solutions that combine ease of use and simplicity of centralized solutions, with the reliability and transparency of decentralized solutions. For this to happen, many obstacles associated with blockchain technology (scalability, security, decentralization) must be removed. With the establishment of her network in Solana, which is characterized by high levels of productivity, Vilas believes she has found a solution for each.
Several other products have been made available on the Velas blockchain, making it an increasingly flexible solution.
- vilas account
- Vilas Volt
- wallet candles
In order to achieve its goal of creating the “fastest and most secure blockchain,” Velas uses what is known as “VLX” tokens.
These utility tokens can not only be placed, they are used to pay transaction fees on the network.
The total supply of VLX coins is just over 2 billion and an inflation rate of 8% annually.
We list the top 3 exchanges that offer the ability with Velas (VLX) cryptocurrency using a credit card, debit card, or Bitcoin (BTC).
Founded in 2013, Gate.io has grown into a reputable trading platform. Although it is not the most popular exchange, it provides users with a user-friendly interface for beginners while maintaining powerful and advanced charts for different skill levels – including technical traders. The exchange boasts a large number of altcoins including Velas (VLX), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any kind of market manipulation.
This exchange is currently Accepts residents of the United States of America.
Read Gate.io review or visit Gate.io
KuCoin is a well known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially since its early days to offer only cryptocurrencies for cryptocurrency trading. It now offers a variety of services including P2P exchange and credit or debit card purchases.
KuCoin currently offers trading Velas (VLX) cryptocurrency as well as over 300 other popular tokens. They are often the first to offer buying opportunities for new tokens.
This exchange Currently accepting USA residents.
Read our KuCoin review or visit KuCoin.
Launched in 2019, BitYard is a cryptocurrency exchange that supports the trading of more than 100 cryptocurrencies – including Velas (VLX). Headquartered in Singapore, BitYard offers its services to traders in more than 150 countries including Australia, Canada, Singapore and the United States.
The exchange is regulated and licensed in several jurisdictions including the ACRA (Accounting and Corporate Regulatory Authority) in Singapore, and MSB (Financial Services Business) in the US (license issued by FinCEN.)
The fees at BitYard are very competitive and in line with other exchanges in the digital asset industry.
this is The exchange currently accepts US residents.
Read our BitYard review or visit BitYard.