Velas Reviews

Summary: In general, I can say that I liked working with Velas because of the nice UI, usability, fee price and the fact that the developers are constantly announcing more and more new collaborations, I want to see what happens next.

Positive: -Very fast transactions
-Almost zero fee
-Many ways to buy coins
-Wallet is a little complicated at first, but well worth the effort

Negative: -Can't say anything yet.

Summary: I am using this chain since from last few months, it completes a transaction with almost zero fee (very less fee) instantly.

Positive: Velas is one of the fastest blockchain in the market with more than 50K TPS which is far better than other major blockchains.

Negative: Nothing much is available to write in this section for now.

Summary: My experience is:

1. I use Wallet Velas to store my assets like BTC, ETH, BNB & VLX. Besides being able to store my assets, Wallet Velas can be used for Swap your assets from different chain. Let's say you have BNB in BNB chain, with Wallet Velas you can swap it directly into Velas chain.

Another than that I usually use Wallet Velas for Staking my $VLX. It's very simple and transparency also flexible for us to doing it.

You can try it in Website, Google Play store also App Store

2. Product in Velas is also very interesting. as an example in one of product Velas which is DeFi named WagyuSwap you can Farming some assets and also staking in there. but one feature that have a unique and valuable is lottery. i can't find any DeFi have this lottery like in wagyuswap.

You should be explore more in Velas ecosystem. no matter what this is the one of the potentiality for growth up in the future.

Positive: Velas is great place for your journey in cryptocurrency and blockchain. What I like from Velas is the cheaper fees and Fast Transaction. With the fastest EVM Blockchain 75k tps and transaction fees are only $~0.00001 per 1 transaction, which is almost free.

Negative: I don't see any problem with Velas so far, but maybe i expect Velas can be expand and growth up more product and utility that they have in their ecosystem.

So with that i think everyone will more like it and convenient to use Velas for anything inside of the ecosystem Velas itself.

Summary: The experience was great, we are a node operator company and we can't say nothing negative. Good developers and node operators community always available to help, great monitoring tools available.

Positive: Good documentation available for developers, the process to move from other EVM chain is very simple and easy to follow. In case of issues they offer support in Telegram.

As node operator, we haven´t found any issue, the process is very similar to Solana.

Negative: Is a new chain, so, new stuff as the wallet can improve the UI, the wallet is not directly compatible with hardware wallets.

Summary: Reliable and fast chain, easy to use! Also I can delegate my $VLX on wallet and that helps me earn passive income.

Positive: Velas is the fastest EVM compatible chain. I can use Metamask for transactions. When I clicked accept , transactions occur in less than 1 second. It has 50-75K TPS capability.

Negative: More NFT and Gaming projects can be on that chain.

Summary: Transactions on Velas happen at a fast pace and great user experience. User can staking VLX on Velas Wallet. Now is a good time to pocket more VLX to hold and wait for a bull run in the next few years. I believe there will be more projects developed on Velas. I believe VLX will be in the top 20 on CMC.

Positive: High TPS up to 75k+
Still have the chance to listing on other big exchange like Binance, Coinbase,...

Negative: Currently there are still few projects running on Blockchain Velas.