Where and how to buy Velo in Georgia
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Velo order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
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
Step 4:Monitor Velo in your Bitget spot account
Alternative methods to obtain Velo in Georgia
Convert crypto to Velo with Bitget Convert
Swap on-chain assets to Velo with Bitget Swap
Methods to obtain Velo for free
Buy other cryptos
Buy Velo in a different country
Buy other cryptos in your region
How to buy Velo in other countries?
What can you do with Velo?
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
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 Georgia with Bitget
How to safely store your Velo
- Sign up and transfer VELO1 to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your VELO1.
How to withdraw Velo with Bitget's hassle-free withdrawal process
Georgia is a country situated at the intersection of Eastern Europe and Western Asia. Part of the Caucasus region, Georgia is bordered by Russia to the north and east, the Black Sea to the west, Turkey to the southwest, Armenia to the south, and Azerbaijan to the southeast. It covers an area of 69,700 square kilometres with a population of 3.7 million people.
The Georgian government wastes no effort in attracting foreign visitors. With the Greater Caucasus Mountain Range as its northern border and Lesser Caucasus Mountains as its southern region, Georgia is indeed a mountainous country. These mountains, bestowed with over 2,000 mineral springs, make ideal places for a holiday retreat and physical rehabilitation. Georgia is also home to four UNESCO World Heritage Sites and 12,000 historical and cultural monuments. These attract almost 10 million tourists to Georgia each year, and Georgia plans to host 11 million visitors by 2025, further expanding the role tourism plays in its economy.
Georgian lari (GEL) is Georgia’s currency, and here at Bitget, you can buy Velo(VELO1), and many other coins using GEL. Whether you’re in Tbilisi, Batumi, Kutaisi, or Rustavi, there’s no better place to trade cryptocurrency with ease than right here with Bitget. Our exchange uses a variety of secure methods, including P2P trading, crypto deposits, and other third-party merchants, such as Apple Pay, Google Pay, and numerous credit cards, to offer you plenty of payment options with proven security.
VELO1 to local currency
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