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 Senegal
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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Senegal, officially the Republic of Senegal, is located between the Tropic of Cancer and the Equator. It is bordered by Mauritania in the north, Mali to the east, Guinea to the southeast, and Guinea-Bissau to the southwest. The population of Senegal is 17,748,015, and the official currency of Senegal is the West African CFA franc. You can buy cryptos from Senegal in a few minutes using Bitget’s P2P trading and other crypto deposit methods. The official language of Senegal is French, and the Bitget website and app are available in French.
The beautiful attractions you do not want to miss when visiting Senegal are La Maison des Esclaves, the Island of Gorée, Ngor Island, and the Lompoul Desert. The country has some attractive cities where you can live and trade cryptos using the Bitget platform, such as Dakar, Touba, Thies, Kaolack, Mbour, and Saint-Louis.
Senegal has a tropical climate with a long dry season that lasts roughly from mid-October to mid-June in the north and from early November to mid-May in the south. The rainy season lasts from late June to early October in the north and from late May to late October in the south due to the African monsoon, which travels north during the summer. With savanna-like vegetation, Senegal is primarily made up of flat or rolling plains. However, the Fouta-Djallon Mountains' foothills are formed in the southeast by plateaus that are 1640 feet high. In the southwest, it's usual to see marshy marshes surrounded by tropical rainforests.