How to buy Velo (VELO1) in Panama

Updated on: 2025/09/20 17:05:55（UTC+0）

Coin rating

4.4

Bitget is legally accessible in Panama. You can buy Velo in Panama through Bitget.

Simple 3-step guide to buying VELO1 today in Panama

Create your free Bitget account

Provide your email address and place of residence.

Select a funding method

Fund your account using your preferred payment method.

Complete your Velo purchase

Buy Velo with as little as $5.

Step 1: Create a free account on the Bitget website or the app

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

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

Step 2: Place an order for Velo using a payment method of your choice:

Buy Velo with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
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
Buy Velo with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Velo is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Velo order.

How to buy crypto via third-party gateway
Buy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Velo order.
Buy Velo with the fiat balance in your Bitget account
You can Deposit fiat funds using 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.
P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.

How to buy crypto on Bitget P2P

Step 3: Monitor Velo in your Bitget spot wallet

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

How to buy 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 ongoing 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!

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

A welcome pack of 6200 USDT for new users!

A transcontinental country spanning the southern edge of North America and the northern tip of South America, the Republic of Panama shares its borders with the neighboring countries of Colombia and Costa Rica, with the Pacific Ocean running along its southern side and the Caribbean Sea to the north. Considered a high-income economy, canal tolls make up a large portion of Panama’s GDP, although its commerce, banking, and tourism industries are growing significantly in recent years.

Sitting at the heart of the country is Panama City, its capital and largest city that serves as home to almost half of the country’s four million in population. As one of the most popular tourist destinations in the Western Hemisphere, over two million people visit this city every year, generating an income upwards of US$1.3 billion annually. While in Panama City, you’ll be able to check out the more modern parts of the bustling city while reconnecting with some of its historic roots through visiting Panamá Viejo, the city’s old town district. For nature lovers, the country also has a lot to offer, from the tropical islands of Bocas Del Toro to the national parks of Volcan Baru, Soberania, and Barro Colorado.

The official currency of Panama is the Balboa (PAB), although USD is also widely used there, and you can purchase Velo(VELO1) in just a matter of minutes, no matter where you are in the country, from Panama City and Colon to David and San Miguelito. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.

FAQ

Can I buy $1 worth of Velo?

In theory, Velo is divisible enough that you could buy just $1 worth, but Bitget's spot market requires a minimum order value of $5.

Can I buy $10 of Velo?

Yes, can be divided and bought in an amount worth $10. Bitget's spot market has a minimum order value of $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.