Where and how to buy Velo in Papua New Guinea
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 Papua New Guinea
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 Papua New Guinea 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
Taking over the eastern half of the New Guinea island is the nation of Papua New Guinea, situated in the southwestern region of the Pacific Ocean just north of Australia’s coastline. Because of its mix of cultures, the country boasts a whopping 839 known languages in the region, making it one of the world’s most linguistically diverse countries. While the government approximates a population of 9.4 million people, a new study suggests it’s actually upward of 17 million.
Port Moresby takes on the mantle of Papua New Guinea’s capital city, and offers tourists a whole range of attractions such as the Port Moresby Nature Park, Bomana War Cemetery, Varirata National Park, the Port Moresby Mosque, and the National Parliament House. For those with an affinity for water, you might also want to check out Ela Beach, Adventure Park, and Idler’s Beach.
The official currency of Papua New Guinea is the Kina (PGL), and you can purchase Velo(VELO1) in just a matter of minutes, no matter where you are in the country, from Port Moresby or Lae to Mount Hagen or Madang and Arawa. 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.
VELO1 to local currency
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