What is Velas (VLX)?
Velas is a layer-1 blockchain that is community-driven and user-focused. It was introduced in 2019 by Alex Alexandrov and Farkhad Shagulyamov. The mainnet was launched in 2020. The blockchain claims to be the fastest EVM-compatible blockchain with the ability to process up to 75,000 tps at the cost of $0.00001 per transaction.
How Velas (VLX) Works
Velas is built from two main elements, eBPF (extended Berkeley Packet Filter) from Solana and DPoS consensus mechanism. The former is an architecture-agnostic technology that allows codes to run in a sandboxed virtual machine, making applications both secure and fast. The latter is a consensus mechanism that is more scalable than Proof of Work, more democratic than Proof of Stake, very secure in the event of double-spend attacks, and allegedly the most decentralized consensus mechanism till date.
In Velas, validator nodes do not compete with each other or work alone. They work together in “cluster” with everyone taking turn being the leader, so the network can maintain the integrity of the ledger while securely and efficiently processing transactions.
How Many Velas (VLX) Tokens Are in Circulation?
VLX token does not have a hard cap on total supply. 2,407,157,401 VLX tokens are in circulation.
How to Buy Velas (VLX)
Consider investing in Velas (VLX)? It only takes 2 minutes to create an account on Bitget and start trading VLX.
Check out the available VL X trading pairs on Bitget!
Spot market
Velas (VLX) Resources
Simple 3-step guide to buying VLX today in Lesotho
Create your free Bitget account
Select a funding method
Complete your Velas purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Velas using a payment method of your choice:
Buy Velas with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Velas order.
How to buy crypto with credit/debit cardBuy Velas with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Velas is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Velas order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Velas order.Buy Velas with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Velas order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Velas in your Bitget spot wallet
Bitget—where the world trades Velas
How to buy Velas for free
- Learn how to earn Velas for free through the Learn2Earn promotion
- Earn free Velas by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Velas airdrops by joining On-going challenges and promotions
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FAQ
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Landlocked Lesotho, often known as the Kingdom of Lesotho, is an exclave of South Africa. South African rand (R) and Lesotho loti (L) are the country's official currencies. The total population of Lesotho is 2,180,967 (2022). It takes less than 10 minutes to buy Velas(VLX) and other cryptocurrencies in Lesotho using the Bitget peer-to-peer network and other methods of crypto deposit.
English and Southern Sotho are both official languages in Lesotho. Both the Bitget website and app are available in English.
Beautiful cities like Maseru, Teyateyaneng, Mafeteng, Hlotse, and many others can be found in Lesotho. The greatest cryptocurrency trading platform in Lesotho is Bitget exchange, no matter where you are.
The climate of Lesotho is typically categorized as temperate with alpine features. The nation has warm summers and rather chilly winters. Mostly as a result of the greater elevations, temperatures tend to be lower than in other nations at comparable latitudes. The landscape consists primarily of highland plateaus, hills, and mountains. The only country in the world that is entirely over 1,000 meters in altitude is Lesotho. The highest lowest point of any nation in the globe is located there, at 1,400 meters.
Every year on October 4, Lesotho marks the day the country gained independence from the British in 1966 by celebrating Independence Day. The Maluti Mountains, Gates of Paradise Pass, Royal Palace, Maletsunyane Falls, Semonkong, and Liphofung Caves are just a few of the stunning sights in Lesotho. In Lesotho, Bitget is the most popular cryptocurrency exchange.