Can anyone confirm how long its taking for BTC withdrawals to be processed? Thanks.
While it's in beta phase, and until it's completely flawless, withdrawals are approved manually. This generally takes 2-12 hours to be approved and processed. |
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Mac OS Velox-QT Wallet Released! Click the Apple logo to download the Mac QT Wallet for VLX. *Tested for versions Sierra 10.12.5 and below. |
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Velox updates
- Withdrawal issue on exchange fixed
- TXID's added to withdrawal and deposit page
- Withdrawal fees for BTC sending have been adjusted to accommodate for bitcoin congestion
- Email/Mail DNS issue being addressed and fixed (outlook currently works fine)
- Once minor exchange issues are fixed international marketing and bounty campaigns will be released
- Whitepaper for the project as a whole is going through revision and review by our marketing team and freelance writers. It is expected to be released according to roadmap as promised.
- coinmarketcap and blockfolio listings will be done once the exchange reaches sufficient volume as per both services requirements.
VLX is currently valued at 250BTC market cap and almost reached 1000 sats support price. The project is growing well, and we can not wait to bring new updates to our community!
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I'm having trouble syncing my wallet, although i followed the instruction in the "Setting up your VLX wallet" still can't sync. Anyone having same problem here?
What i did was first extract the zip file then open it and then close it again as what it said on the step 1 then i create a text file named velox.conf then paste the code there. I'm using windows.
Make sure you close the wallet while making the .conf file in notepad, then once saved/created reopen your wallet. Your wallet must be completely closed while doing this in order for it to work. Also make sure it is saved as velox.conf and not velox.conf.txt as this is a common mistake when using notepad to edit code files. Also make sure you replace *yourrpcuser* and *yourrpcpass* with only numbers and letters, remove the asterix' |
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I like such complex decisions with a exchange and a coin on an anonymous one platform. Well, if the developer adds a simple solution for obtaining fiat money from his coin.
One good way to make a hassle-free for withdrawing your coins to fiat money. I am waiting for more improvements to come. Nice, if they will add that feature, withdrawing to fiat currencies Im sure many people will be attracted to join the project. But as of now I am looking forward on how they will follow their plans and if they will really make crypto trading and exchanging anonymous. They can't make it 100% anonymous with flat unless they like plan to accept cash somehow by say mailing it. Card/banks can always be traced back to you Of course, such an act really need verification. That's money we're talking about, let's just compare to other sites that you really need a full verification of your address, information, past bill accounts, identifications etc. VeloxBolt will not support fiat transactions what so ever. Big updates are coming soon! |
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New development plan added to original post, new original post updates also coming soon.
(You may have trouble viewing this addition due to bitcointalk image issues. Please wait until it is fixed to see)
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Delighted to see the "Velox" an advanced service for The Future of Anonymous Crypto Trading & Exchanging which launched. Project Road map looks pretty good to see it started in 2017 and keeps continuing till 2019 TBA. We are happy to choose VLX Exchange as it supports BTC/VLX & LTC/VLX pairs during launching period. Also thanks for the update ETH, DASH & DOGE pairs will be released after the beta period.
The road map is really cool, but I think the team needs to make their product faster. There are a lot of projects at the forum with decentralized exchanges and it is necessary to overtake competitors There are products on this forum that have asked for millions of dollars (sometimes more) for the creation of products that won’t be released till 2019 onwards... We have asked for no funding, and are launching our product in give or take 6 months I think, when you really do some research we are one of the fastest moving projects on the forum. |
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I'm beg my pardon if someone has already asked this, but recently it's the very first question coming to my mind when I see POW/POS coins types.
Why do you keep creating coins alike, for the exchanges, trading etc.? Isn’t it enough of them? I’m sorry in advance if this has some really new, uncommon features, I've took only a brief look.
This isn’t about the coin, this about the platform, VeloxBolt. The coin acts merely as a “share” into the platform which will eventually be bought back and transformed into a bolt-only coin (though this plan for VLX may change as development progresses and further uses may be implemented) Please take a read and if you have any questions feel free to ask them |
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It's seems like very good peoject.it"s very good that we can buy only velox from their exchange.And we can mine and trade the velox easily.i am kindely waiting for your bounty campaign.i hope you release the whitepaper as soon as possible.i will share thi sproject to all my crypto related groups.i eagerly waiting for invest into this project.i hope this project will be successful.i wish good luck to the all devlopers.
Whitepaper final drafts are being reviewed. Bounty campaign is also being formed as well as translations. We will have a large update posted soon. |
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just paid... i waited about three days
Three days seems quite a bit of time when withdrawing from an exchanges. Pretty sure even faucet hub pays in < 24 hours and it's a micro wallet which allows sub 5$ withdrawals This is why marketing has not started in full effect. We are our own exchange, we have just launched and still concreting it to be perfect. Withdrawals have been tough due to bitcoin congestion, sometimes it is because of fees therefor our transfers from cold to hot wallet have been delayed. This is all apart of beginning, making sure everything is perfect before we release to the wider public. We thank those who are participating with us this early on, and you will be greatly awarded once the wider public start the use the VLX platform that you have helped make perfect! |
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i see that this coin has internal exchange on its webiste, but do you have plan to listed on bigger exchanges like bittrex or others?
At this point in time now, it would be contradictory to our vision. The reason why we do not want to be listed on Bittrex, polo etc, is because they are not anonymous, they are not completely centralized and you need very strict identification just to use their services, and if not, you are extremely limited to what you can do. VeloxBolt is the solution to this problem. We will not ask for ID, we will not freeze accounts, we will not limit anyone or their money. |
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New progress report coming soon.
Bounty campaign is also on its way!
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We do not control the confirmations times of BTC. The network is congested, please be patient
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Do you manually handle every withdrawal?
No they are automatic but large withdrawals (ones that are larger than what’s in the hot wallet) are heavily reviewed to ensure there has been no mistake since the site is new and so is the script. Besides large withdrawals that get tripped by the insufficient funds, all small withdrawals take no more than 5-10 mins and are automatic One of my orders is being held up from withdrawing so wanted to ask. Already confirmed it. 80 Not sure why it did not process, wallet can easily cover it. I've cancelled it, request it once more and if it does not process I will push it through manually for you. |
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the site looks clean..just registered do you have bounty campaign??
Social media campaign being formed I will message you regarding translation very soon |
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Do you manually handle every withdrawal?
No they are automatic but large withdrawals (ones that are larger than what’s in the hot wallet) are heavily reviewed to ensure there has been no mistake since the site is new and so is the script. Besides large withdrawals that get tripped by the insufficient funds, all small withdrawals take no more than 5-10 mins and are automatic |
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waiting for cheap vlx so I can buy some  you can buy now at coinmarket The official exchange is https://exchange.veloxcoin.orgWe do not encourage the use of coinmarkets as the volume is extremely low therefor it is an inaccurate reading of VLX price yes  inaccurate reading Most volume has already moved to our exchange. 24h volume is over 7BTC Volume in Coinsmarkets is 0.11 |
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waiting for cheap vlx so I can buy some you can buy now at coinmarket The official exchange is https://exchange.veloxcoin.orgWe do not encourage the use of coinmarkets as the volume is extremely low therefor it is an inaccurate reading of VLX price |
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With regard to exchange, what will be the fees for both transactions: purchase and sale and for withdrawal of coins?
Current fees are temporary until exchange becomes larger and grows Currently it’s .25% both ways buy and sell Withdrawal fees for bitcoin depends on network congestion. It was previously 0.0005 but this was not high enough for current network mempool backlog, so it is now 0.001BTC until it lightens again. As volume increases trading fees will reduce The velox bolt platform will have significantly lower fees and reward frequent traders with lower fees and “no fee” periods. |
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For those who have not yet seen the updates: Velox Coin & Exchange Progress Update
- Exchange withdrawals & emails should be working with no problems. Be sure to check your spam folders for our emails if they do not arrive in your inbox.
- Known bug, no TXID showing for successful withdrawal. It will soon be linked with the TXID of your withdrawal and a link to a working explorer.
- Translations are currently being organized with applicants. There are still available spots for those applicable.
- Telegram, Discord and Slack channels are open and growing!
- Velox Project Whitepaper (VLX Coin & VLX Bolt) are close to completion and are presumed to be on time for publishing as projected on roadmap.
- Listing on CoinMarketCap and BlockFolio will be underway once exchange begins to meet both services volume requirements.
- We are currently forming partnerships with many firms both future and existing, stay tuned.
- Social Media Bounty Campaign soon to be released
The price for VLX is still extremely cheap. Be smart and join the Velox movement at the ground roots.
please quote this post so everyone can keep up to date
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