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
*Note: Velo (VELO)'s token ticker in Bitget is VELO1
Velo (VELO) Resources
Buy Velo in Jordan with Bitget
Simple 3-step guide to buying VELO1 today in Jordan
Create your free Bitget account
Select a funding method
Complete your Velo purchase
Step 1: Create a free account on the Bitget website or the app
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 websiteSelect 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 websiteFor 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 cardBuy 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 gatewayBuy 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
Bitget—where the world trades Velo
How to buy 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
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Buy Velo in a different country
Jordan is a country in the Middle East, bordered to the west by the Palestinian territories of the West Bank and Israel, to the south by Saudi Arabia, to the east by Iraq, and to the north by Syria, with access to the Dead Sea and the Red Sea: Gulf of Aqaba. Jordan is composed mainly of an arid desert plateau in the east and a mountainous region in the west. The Great Rift Valley and the Jordan River separate Jordan from Israel (350 km border).
The population is largely composed of people of Arab origin (half of whom are Palestinians, with new waves of refugees from Syria and Iraq), as well as minorities such as Circassians and Armenians. The history of Jordan goes back to the origins of mankind but is mainly marked by the passage of nomads. The ancient period was influenced by the various civilizations that succeeded one another in the region: Canaanites, Arameans, Persians, and Babylonians. In 169 BC, the region was under the control of the Nabateans, who founded the troglodytic city of Petra and made it their capital at the crossroads of the trade routes between the Persian Gulf and the Red Sea. It is here, at this time, that the Arabic alphabet seems to have been born.
Its official currency is the Jordanian Dinar (JD). Whether you're in Petra, Wadi Rum, Jerash Ruins, Aqaba, or anywhere in Jordan, you can buy cryptos on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.