How to buy Velo(VELO1) Guide

Updated on: 2024/05/19 18:54:21（UTC+0）

Coin rating

4.4

In this tutorial, we will discuss:

Where and how to buy Velo

Alternative methods to obtain Velo

Methods to obtain Velo for free

What are the applications of Velo

Market stats to assist in determining optimal times for purchasing Velo

How to safely store your Velo

How to withdraw Velo

Where and how to buy Velo

Investing in Velo has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Velo. Here's a step-by-step guide on how to buy Velo on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.

You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Velo order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.

Credit/Debit in the Buy Crypto tab of the Bitget app

Enter the bank card details to complete your payment on Bitget Website

Credit/Debit in the Buy Crypto tab of the Bitget website

Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.

Add a new card to complete your payment on the Bitget app

Enter your bank card details to complete your payment on the Bitget website

For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Velo order.

How to buy crypto with credit/debit card

Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Velo is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Velo order.

How to buy crypto via third-party gateway

Buy Velo via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Velo order.

How to buy crypto on Bitget P2P

Buy Velo with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Velo order.

Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Velo in your Bitget spot account

If you've chosen to purchase Velo on Bitget, your Velo will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.

Check your assets

Alternative methods to obtain Velo

In addition to purchasing Velo directly, there are numerous other ways to obtain Velo.

Convert crypto to Velo with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Velo. Just choose your available crypto assets, specify the amount for the Velo swap, confirm, and check Velo instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.

Bitget Convert preview

Swap on-chain assets to Velo with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Velo anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.

Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Velo.

Methods to obtain Velo for free

Using real money to buy Velo is not the only way to obtainVelo. If you have the time to allocate, you can get Velo for free.

Learn how to earn Velo for free through the Learn2Earn promotion

Earn free Velo by inviting friends to join Bitget's Assist2Earn promotion

Receive free Velo airdrops by joining On-going challenges and promotions

All crypto airdrops and rewards can be converted to Velo through Bitget Convert, Bitget Swap, or Spot Trading.

Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Velo Price Page and bookmark them to stay updated!

Buy now

Velo Price Now:

VELO1 / USDT

$0.01

0.00

-8.78%24H

The live Velo price today is $0.01 USD with a 24-hour trading volume of $37203.47 USD. We update our VELO1 to USD price in realtime. VELO1 is -8.78% in the last 24 hours.

Are you planning to buy VELO1?

See if other users are buying VELO1:

Yes

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Buy Velo in your country

A selection of popular Velo buying regions.

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A welcome pack of 1000 USDT for new Bitgetters!

How to buy Velo in other countries?

You can easily buy Velo (Velo) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Velo in your preferred location:

This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-05-19.

Trade smarter

A welcome pack of 1000 USDT for new Bitgetters!

What can you do with Velo?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold Velo

Many users hold on to their Velo with the expectation of it increasing in value. You can store your VELO1 safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

Trade Velo

You can trade Velo for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Velo trading to meet your needs.

Send Velo

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Velo online and send to anyone and anywhere with their Velo address.

Spend Velo

You can also buy goods and services with your Velo. More and more vendors and retailers accept Velo every day.

Donate Velo

Bitget Charity accepts Velo donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Velo so no one misses out on the growth made possible by blockchain.

Learn More About Velo

You can read more in-depth articles on Velo from Bitget Research and study how cryptocurrencies like Velo work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Velo

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Velo facts from our Bitget Academy articles. Learn why people buy Velo today!

What is Velo (VELO)?

Velo is a blockchain infrastructure provider that aims to use blockchain to transform finance towards maximum interoperability and regulatory compliance, starting with a decentralized settlement network. The project was created in 2020 by Chatchaval Jiaravanon, and receives support from the likes of CP Group, Stellar Foundation, Uni-President, and UOB Venture Management to name a few.

In 2022, Velo merged with Evrynet, a service provider that helps build DeFi applications. The merger allows Velo to expand into other areas of financial services.

How Velo (VELO) Works

Velo has four core platforms:

- FCX, a digital exchange that primarily serves licensed financial institutions, money transfer operators, and forex traders.

- Universe, a DEX for individual traders.

- Quantum, a remittance platform.

- Orbit, a mobile payment application that integrates QR code and allows paying with digital assets.

Velo also offers auxiliary services as follows:

- The On/Off-ramp Service

- Velo Finance, a suite of common dapps for DeFi

- Warp, a hub that enables access to liquidity across different blockchains

- Nova, an EVM-compatible blockchain

To power their massive ecosystem, Velo deploys two types of token, Vstablecoins and VELO token. Vstablecoins are stablecoins issued by Velo, and currently, there is only VUSD, a USD-pegged Vstablecoin, in circulation. Meanwhile, VELO is the pillar in the Velo ecosystem. It is used as collateral to mint VUSD, governance rights, as well as access to other perks and benefits such as trading fee discounts.

How Many Velo (VELO) Tokens Are in Circulation?

VELO's total supply: 30,000,000,000

VELO's circulating supply: 4,984,154,058

How to Buy Velo (VELO)

Consider investing in Velo (VELO)? It only takes 2 minutes to create an account on Bitget and start trading VELO.

Check out the available VELO trading pairs on Bitget!

Spot market

VELO1USDT

*Note: Velo (VELO)'s token ticker in Bitget is VELO1

Velo (VELO) Resources

Official Website

Official Updated Whitepaper

How to safely store your Velo

Many investors opt to hold onto their Velo for long-term investment. Safeguard your Velo with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Velo wallet at Bitget.

How to withdraw Velo with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Velo or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.

When it comes to withdrawing the Velo you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.

FAQ

How do I purchase Velo?

Nowadays, you can purchase and store Velo hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Velo. You can easily do it on your computer, tablet, iOS, or Android.

Can I buy US$1 worth of Velo?

In theory, Velo can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.

Can I buy US$10 of Velo?

Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.

Where else can I buy Velo?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy Velo?

The best place to buy Velo is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy Velo right now?

You should make a decision on purchasing or investing in Velo or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.

Cryptocurrency investment activities, including actions done to buy Velo online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Velo instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Velo purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.