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About VEX

VELOREX (VEX) is a cryptocurrency launched in 2021. VEX has a current supply of 500.00M with 0 in circulation. The last known price of VEX is 0.000657196054 USD and is 0.000017854728 over the last 24 hours. It is currently trading on active market(s) with $0.06895462 traded over the last 24 hours. More information can be found at https://velorex.net/.

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VEX Price Statistics
VEX’s Price Today
24h Price Change
+$0.0000178547282.79%
24h Volume
$0.068954620.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7477
VEX Market Cap
Market Cap
$0
Fully Diluted Market Cap
$328,598.03
VEX Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
VEX Supply
Circulating Supply
0
Total Supply
500.00M
Max Supply
500.00M
Updated Jul 27, 2024 2:01 pm
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VEX
VELOREX
$0.000657196054
$0.000017854728(+2.79%)
Mkt Cap $0
There's nothing here for now
Hong Kong's virtual asset ETF market has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc.
Hong Kong's virtual asset ETF market has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc.
Wang Long, chairman of the Greater Bay Area Financiers Association, pointed out in an article published in Ta Kung Pao that although Hong Kong's virtual asset ETF market is still in the development stage compared to the United States, it has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc. In April this year, the Hong Kong Securities Regulatory Commission approved 6 and 14 virtual asset spot ETFs, including Hong Kong dollars, US dollars, and RMB categories, which are limited to trading on trading platforms holding Hong Kong Securities Regulatory Commission licenses. In summary, the development of Web3's DeFi is optimistic. For example, the development of RWA is predicted to exceed 10 trillion US dollars. The reason for optimism is that although there are some financial instruments in the real world, such as pledges, derivatives, and swaps, these instruments cannot effectively solve the problem. The development of RWA aims to introduce more stable and diversified financial products by leveraging decentralized technology to provide more robust returns and reduce the cost of holding funds in virtual assets. The introduction of RWA will help enrich the financial instruments in the virtual world, meet the huge financial needs in the real world, and provide new market opportunities for financial practitioners. Nowadays, more and more global investors are paying attention to how to invest in virtual assets. The United States and Hong Kong have also approved the listing of virtual asset ETF funds, and the scale of investment has also increased rapidly. Decentralization appears to be opposed to the centralization of traditional financial infrastructure architecture, but in fact they are unified. Blockchain finance has been developed for more than ten years. Now many traditional financial institutions are paying attention and learning. In the future, the application of traditional finance based on blockchain decentralization will become more and more in-depth, and the application of DeFi will become more and more abundant.
Jul 27, 2024 1:56 pm
WazirX Co-founder: The compensation plan does not involve the INR wallet balance, and future recovery measures include recovering stolen assets, airdrops, etc.
WazirX Co-founder: The compensation plan does not involve the INR wallet balance, and future recovery measures include recovering stolen assets, airdrops, etc.
WazirX co-founder Nischal said in a post on X that the fastest way to reopen the platform for operation is to socialize the losses of the entire crypto portfolio. INR wallet balances will not be affected. This partial lock only applies to the crypto portfolio balance. This is the first phase, and everyone can access a portion of the cryptocurrency portfolio. In the second phase, the team will work on recovery, which will include recovering stolen assets, finding partners and external help, airdrops/new token use cases, etc. We are also considering how to fill this gap with the future profits of the exchange if we can grow the business. It takes a long time to recover such a large amount. By socializing the losses, as other affected exchanges have done in the past, we will be able to open the platform to everyone faster. With the continued support of users, we will be able to: 1. Restart operations; 2. Carry out recovery work through various methods. Earlier today, WazirX released an update on the recent security incident: In order to facilitate the management of users' remaining assets, we will provide two options, each with specific benefits and conditions. 55% of the user’s crypto assets will be available for trading and/or withdrawal (depending on the option selected by the user), while the remaining 45% will be converted into USDT equivalent tokens and locked.
Jul 27, 2024 1:43 pm
Planet Lunch News
Planet Lunch News
1. Yesterday, the US Ethereum spot ETF had a net outflow of US$163 million, and BlackRock ETHA had a net inflow of US$87.3 million; 2. US Senator Cynthia Lummis did not announce the draft legislation for the strategic reserve of Bitcoin at the Bitcoin Conference; 3. Yesterday, the US Bitcoin spot ETF had a net inflow of about US$52 million; 4. Robert Kennedy Jr.: Trump may announce a strategic reserve plan of 1 million Bitcoins at the Bitcoin Conference; 5. 10x Research CEO: Traders will not short Bitcoin this weekend because of speculation that Trump's speech will push up prices; 6. WazirX released a user compensation plan: 55% of assets are used for trading or withdrawals, and 45% are converted to USDT equivalent tokens and locked; 7. QCP Capital: ETH performed poorly after the launch of the Ethereum spot ETF, which may be affected by factors such as lack of pledge; 8. BlackRock IBIT and Fidelity FBTC are among the top 10 ETFs with the most inflows this year The return rate ranks first in the list; 9. Jupiter Co-founder: The JUP supply reduction proposal will be voted on next week and a final conclusion will be reached; 10. Gemini Co-founder calls on the US government to nominate the next chairman of the SEC before the election; 11. Eclipse: The mainnet will be launched next week and there is no pre-registration. Beware of related scams; 12. OneMedNet, a US listed company, bought $1.8 million worth of Bitcoin; 13. Aleo announced that Prover Incentives II has ended and released the final data.
Jul 27, 2024 1:32 pm

Frequently Asked Questions

  • What Is VELOREX (VEX)?

    Velorex is a Europe based decentralized finance and technology company that provides hardware and software solutions to manage crypto and fiat currency. Velorex is about greater literacy and adoption of cryptocurrency through the provision of fair, safe, and well-designed tools such as ATMs, POS systems, debit cards, and smart wallets. Our innovative and revolutionary software is open-source and frictionlessly allows the exchange of crypto- and fiat currencies to anyone using the Velorex Bankless ATM. The software can also be hosted from a remote server and accessed worldwide, and interacts directly with global decentralized exchanges (DEX) such as Uniswap and Pancake Swap. By doing so, the software sidesteps the traditional “master wallet” model that is employed by banks and other financial institutions. This harmonization of decentralized exchanges with the Bankless ATM offers a uniquely distributed approach that is more responsive and adaptive to regional contexts and regulations, with each ATM owner or manager providing the liquidity along with all access controls relevant to their local circumstances.

    VEX is the utility token that is used for: • Fees for processing transactions. • Running the Velorex Distributed Bankless ATM Network (VDBAN). • Offer an access to store value independent and more secure than traditional banks.

    To learn more, dive into our whitepaper. https://drive.google.com/file/d/1Nl6xrjPJTdzuyUXlbNjnrdv-WfqPdByw/view and check out our website https://www.velorex.net/

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  • What are the tokenomics of Velorex?

    Velorex is a fully decentralized BEP-20 token on the Binance Smart Chain (BSC). The token was launched on June 1, 2021 with 500 million VEX tokens created. The token is part of an experimental protocol and decentralized finance ecosystem. $VEX resides on supercharged block speeds and the cheapest transaction rates, is hyper-deflationary, and fitted with an auto-staking system that gainfully rewards investors.

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  • Who Are the Founders of Velorex?

    Velorex is the brainchild of the Director and CEO Todd Taylor who has extensive experience in business management, e-commerce, digital marketing and blockchain technology. Together with his Team, consisting of international specialists in their field, the vision of Velorex was transformed into a real-life company and is expanding rapidly, creating new market opportunities amongst the underbanked regions of the world. From our current hub in Istanbul, we are developing and exporting our products into the whole world.

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  • Where Can I Buy Velorex Token?

    Velorex is available for trading on PancakeSwap and it’s pawing its way to major exchanges. Buy on PancakeSwap https://pancakeswap.finance/swap#/swap?outputCurrency=0xc029A12e4A002c6858878FD9D3cc74E227cc2DDa Buy on Poocoin.app https://poocoin.app/swap/?outputCurrency=0xc029a12e4a002c6858878fd9d3cc74e227cc2dda

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  • What is the all-time high price of VELOREX (VEX)?

    The all-time high of VEX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of VELOREX (VEX) is 0. The current price of VEX is down 0% from its all-time high.

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  • How much VELOREX (VEX) is there in circulation?

    As of , there is currently 0 VEX in circulation. VEX has a maximum supply of 500.00M.

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  • What is the market cap of VELOREX (VEX)?

    The current market cap of VEX is 0. It is calculated by multiplying the current supply of VEX by its real-time market price of 0.000657196054.

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  • What is the all-time low price of VELOREX (VEX)?

    The all-time low of VEX was 0 , from which the coin is now up 0%. The all-time low price of VELOREX (VEX) is 0. The current price of VEX is up 0% from its all-time low.

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  • Is VELOREX (VEX) a good investment?

    VELOREX (VEX) has a market capitalization of $0 and is ranked #7477 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze VELOREX (VEX) price trends and patterns to find the best time to purchase VEX.

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