Buy Velo (VELO)

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What is Velo?

Velo (VELO) is a financial protocol that aims to enable seamless and borderless asset transfers for businesses and individuals via its unique "Web 3+" ecosystem. Velo intends to combine elements of traditional finance (TradFi) and Web 3.0 to ensure maximum interoperability.

  • Velo seeks to establish a decentralised settlement network that allows trusted partners to issue digital credits and transfer value among themselves.
  • The Velo protocol empowers users by leveraging the benefits of Web 3.0 technology, such as trustlessness and decentralisation.
  • VELO is the native token of the Velo ecosystem. It is used to pay for gas, protocol governance, and staking to earn rewards.

The Velo team has stated that their main objective is to create a next-generation financial platform around the concept of "Web3+". Aiming to provide a hybrid solution that combines current real-world TradFi services with Web 3.0.

How do I buy Velo?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for VELO and click "Buy".
That’s it!
You now own some Velo! You can click "Go to VELO Wallet" to see your Velo.

Learn more about Velo

Why Should I Trade VELO with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Velo no matter what your trading experience is. Unlike other international and Australian Velo exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Velo with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Velo how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Velo?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Velo for free.

Cold Storage

If you are holding Velo as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Velo. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Velo. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Velo has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Velo is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Velo exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Velo & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Velo safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Velo portfolio here.
Yes! With CoinSpot you can convert your Velo to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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