Huobi and Bitget Add Support for Velas Blockchain’s Native Token

Crypto exchanges Huobi and Bitget have just added support for the native token of the Velas blockchain (VLX), the project has reported via its blog.

The token was reportedly listed in Bitget last April 8, while Huobi started supporting the asset on May 18.

Bitget and Huobi have added Velas trading pairs with the stablecoin Tether (USDT).

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Vela CEO Farkhad Shagulyamov has said on the listings:

“We are excited to see Velas on the list of some of the safest and fastest growing cryptocurrency exchanges. Now VLX has become even more accessible to traders.”

Velas is a blockchain with a hybrid proof-of-stake and proof-of-history consensus algorithm and a network capacity of more than 50,000 transactions per second.

The blockchain was created by the Swiss company Velas Network AG back in 2019.

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