Buying $VLX through Velas Wallet

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Dmitriy

25 Oct 2022

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When buying cryptocurrency, there are many factors to consider, such as location and protocol. Velas is not yet available on the centralized Coinbase exchange. But Velas can be bought on a decentralized exchange through the Coinbase app. Now, using a dapp wallet in your main Coinbase account, you can access various tokens that are only traded on decentralized exchanges. However, there is more interesting news.

The Simplex integration with Velas Wallet is completely complete. Velas is proud to announce that they have agreed with Simplex. Velas blockchain users will now be able to buy tokens using Simplex fiat payment gateways. Simplex has successfully partnered with Binance. Changelly, BitPay, and other partners. Such integrations are very beneficial for the company's customers. Simplex's collaboration will give Velas Wallet users the ability to buy cryptocurrency directly with credit and debit cards.

The CEO of Velas spoke positively about the development of the project and the Velas ecosystem. In his opinion, thanks to the cooperation of Velas with Simplex, cryptocurrencies and fiat currencies - will be even more efficient.

About Simplex

Simplex, which has an EU license to operate, is the leading infrastructure of the cryptocurrency world, providing guaranteed fraud-free payment processing solutions. Simplex processes credit card payments with a 100% security guarantee - if a payment is returned, the merchant receives payment from Simplex.

Simplex is ready to provide customers with the most efficient way to buy cryptocurrencies using credit cards. The company works closely with various cryptocurrency wallets, exchanges, and trading platforms.

History of Velas

Blockchain Velas was developed to solve all the bottlenecks that most modern distributed ledgers have. The basic idea behind the project is to make distributed ledgers as applicable as possible by adding speed and reducing fees. With its 50,000+ TPS and $0.00001 per transaction fee, Velas is a true industry-wide leader.

Velas blockchain uses the Solan blockchain codebase with Ethereum Additional Virtual Machine (EVM) functionality. This allows the Velas development community to create cross-chain applications that benefit from incredibly fast transaction confirmations and low fees. In addition, the platform aims for mass adoption of blockchain and Web3 technologies, providing a familiar and flexible ecosystem of tools and services. Velas is one of the fastest-growing ledgers in the industry with an ever-expanding ecosystem.