Review VELOX - The New Exchange Generation

in #busy6 years ago

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If you are interested in this, it seems that you must have some ideas about fiat or crypto currencies. If not, you should do some homeworks to find out more about them. There are thousands of articles which will tell what they are. You can seek for some keywords like BTC, ETH or ICO. You can understand the concept of blockchain at: https://en.wikipedia.org/wiki/Blockchain
Okay, if you have already done your homework, I can now tell you why I am writing this newspaper. In this era of technology development, ICO market is similar to the Wild West during the time of gold rush. If you know the way, earning good money is not some difficult, but you have to find a good-enough project to go for. Here is one among the interesting projects which I am really excited to share with you: Velox Project
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The Velox Project, a group of like-minded individuals, have formed with this common goal and the core focus of decentralization & anonymity. The Velox Project will be focusing on these two very important aspects by creating a set of advanced, disruptive utilities and services that is open for anyone around the world to use with absolutely zero restriction and enhanced privacy.

The VeloxBolt Anonymous Cryptocurrency Exchange is one of the two vital component to achieve the Velox Project vision. The platform is a completely anonymous exchange open to users worldwide and is planned to be one of the most secure, responsive and advanced anonymous exchanges in operation. VeloxBolt will offer industry-grade trading facilities that will allow users to exchange hundreds of crypto currency pairs instantly with no limitations on trading, withdrawal, or deposits and absolute privacy with no private or personal information required to use the exchange, made possible by ZeroNet technology. The VeloxBolt platform will launch as a completely anonymous cryptocurrency exchange with planned future developments to introduce decentralized exchange facilities for Bitcoin, Ethereum (and others based on demand) pairs as well as instant swap services.

The VLX Exchange will provide a temporary, yet instant & safe way, to exchange VeloxCoin [VLX] with a number of pairs upon the launch of the Velox Project. This is to reach the initial 0.5% VLX distribution, to instantly offer a means of exchange for VeloxCoin [VLX] holders and to create an operational real-world environment for the future open-source version of the platform. The Velox Project has transformed the outdated & centralized WLOX open-source platform into a simple yet secure, fast & anonymous exclusively cryptocurrency exchange with absolutely no limitation for users all over the globe
With the VLX Exchange

    • NO identification asked at any time*
    • NO withdrawal limits *
  • NO intrusion of your privacy.

Velox Exchange Advantages

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  • Serves a new project – the main idea behind Velox is creating a new trading environment for cryptocurrencies, which will be reminiscent of the one in the past by providing total anonymity. While there are quite a few coins focused on privacy, with Monero (XMR) probably being the most famous one, this is a totally different approach. Velox aims to become a decentralized exchange, connecting multiple cryptocurrencies and allowing all trading to be done without any KYC required. The current iteration of the Velox Exchange is only a temporary solution for the distribution of their tokens VLX.
  • Competitive trading fees – when compared to some of the industry veterans, this exchange scores highly, when it comes to the costs of trading. They are currently 0.20% for both market makers and takers, which is pretty much the average across the board.
  • Developers have been active in the forums – the team behind Velox Exchange has been responding to questions in online forums quite frequently. This is indicative of serious commitment to the project.
  • Positive user reviews – there may not be that many comments regarding this endeavour, but most of them are very positive and encouraging.

ABOUT TOKEN SALE AND DISTRIBUTION

Coin name: Coin abbreviation: Velox VLX
Total Supply: Address letter:124,000,000 VType: Algorithm: PoW/PoS Scrypt
COIN INFO.png
Block reward: PoS Interest: 240 VLX 13% per year
Last PoW block: Coinbase maturity: #10000 20 blocksTarget spacing: Target time span: 64 seconds 1 blockTransaction confirmations: 50 blocks
Distribution
80% Distribution via Proof-Of-Work (up to Block #10000) and Proof-of-Stake
9% Supply Allocation to Marketing and Public Relations
7.5% Supply Allocation to Development Team & Staff
3% Allocation to Bounty & Translation Campaigns 0.5% Initially Sold Supply

In conclusion

Velox VLX’s concept can be easily understood by everyone. Due to the demand, Velox VLX helps to contribute to digital asset management.
There is no reason to hesitate to become a part of Velox VLX. Let’s participate in this project as soon as possible because the sooner you support the project by buying its tokens, the better price you mаy expect аlong with higher bonuses. So far, the project looks promising according to my analysis.

Please:
If you found this article helpful or you just simply appreciate the information I have curated and the analysis I have provided, please support me by liking and sharing this article. You can also follow me to stay updated with the most remarkable ICOs coming in the next articles.
More importantly, if you find this project valuable or interesting as I do, please support it via the social media channels which I have given the links below.

Interested readers can take a closer look at the following links:
Website: https://vlxexchange.com/
Author: Tram Nguyen
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile&u=1417448
Contact: [email protected]
Telegram: @joseph_ive
ETH address: 0xf9dC375f5Efdb2CEF1e5a1Fbb51B22E8da6e7469

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