Where and how to buy Velo in Philippine
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 Philippine
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
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 Philippine 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
The Philippines (officially the Republic of the Philippines) is a Southeast Asian archipelago of approximately 7,641 islands. The Philippines has a population of 110 million and is also the second country in Southeast Asia that has a population exceeding over 100 million. The Philippines also has a long history of colonized rule; it was ruled by Spain, the US, and Japan, which created a rich and spanning history in the Philippines.
The official languages in the Philippines are English and Filipino, so you can easily enjoy the service on Bitget as it is fully supported in English regardless of Bitget app or website. The Philippine peso (PHP) is the country's currency, and you can use PHP to buy Velo(VELO1) on our P2P, spot, and futures trading right away on Bitget. Whether you are in Manilla, Quezon City, or Davao City, Bitget is ready to serve you with any cryptocurrency needs with the best trading experience.
The Philippines is also famous for its incredible diving spots that attract thousands of divers to the country each year. One of the most well-known diving spots in Coron Town, it is the largest town on Busuanga Island. Its beautiful beaches are surrounded by limestone cliffs. The unique terrain attracts many tourists every year. In particular, 14 well-known World War II wrecks have been preserved, and the remains can be found at a depth of 5 to 40 meters, and each ship is about 100 to 200 meters long.
VELO1 to local currency
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