Huobi and Bitget list Velas token (VLX)

Cryptocurrency exchanges Huobi and Bitget have added support for the Velas blockchain token Velas (VLX). This was announced in the project’s blog.

Listing on Bitget took place on April 8, while on Huobi it was on May 18. Bitget and Huobi added Velas trading pairs against the Tether (USDT) stablecoin.

“We are happy to see Velas on some of the safest and fastest-growing cryptocurrency exchanges. Now VLX has become even more accessible for traders,” said Velas CEO Farhad Shagulyamov.

Velas is a blockchain with a hybrid Proof-of-Stake and Proof-of-History consensus algorithm and a network throughput of over 50,000 transactions per second. The blockchain was created by Swiss company Velas Network AG in 2019.

Velas developers can write smart contracts in C, Rust and Solidity, and can also integrate Ethereum-based projects with minimal modification.

Earlier, ForkLog explained how to migrate decentralized applications from EVM chains to Velas.

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