VELT TOKEN

VELIC, the blockchain-oriented ecosystem that revolves around a cryptocurrency platform, has recently launched its digital asset exchange and updated the website. The new page, which is currently available via the Google Chrome browser, has a beautiful design and integrates all the features related to crypto trading.

The exchange has become available worldwide on March 25, 2019. In the near future, VELIC will introduce its other services according to the roadmap.

Currently, the supported cryptocurrencies and tokens are ICON (ICX), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Bitcoin Cash (BCH), Litecoin (LTC), Stellar Lumens (XLM), TRON, QTUM, Tether’s USDT, Circle’s USDC, and TrueUSD (TUSD). Besides, VELIC users will soon be able to trade against its proprietary token.

Since VELIC is a user-oriented platform, it provides low trading fees, with both the maker and taker fee set at 0.1%. There is no deposit fee for all digital currencies while the withdrawal fees are among the lowest in the industry, with traders being able to take out VELT with zero commission. You can check the withdrawal fees in the FAQ section.

You can Take Part in Airdrop Event!

To celebrate the launch of the pure crypto exchange, the VELIC team is conducting an airdrop event for those who deposit no less than five different coins. The event started on March 25, the official launch date, and will end on April 6 of this year.

Thus, traders who’re ready to deposit in five different cryptocurrencies will be rewarded an amount equivalent with 50% of the total account balance. The award will be offered in BTC and won’t exceed $500 per user. The total reward pool is $10,000 worth of BTC (based on the rate of $4,000 per coin). Thus, users will the highest account balances will be considered first.

VELT IAO

Besides the launch of its crypto exchange, VELIC is announcing the Initial Auction Offering (IAO) for the VELT token, which starts on Saturday, April 6. The IAO will be held in three different rounds during the day.

The accepted cryptocurrencies during the VELT sale event will be Bitcoin and ICON, with the total VELT supply being capped at 200,000,000 tokens. It’s worth mentioning that users willing to take part in the IAO will have to pass through the Verification Level 3 process.

What Does the Site Look Like?

The new exchange has a user-friendly interface. Once you land on the VELIC exchange, you’ll see the list of cryptocurrencies traded against stablecoins, Bitcoin, altcoins, and VELT.

On the upper left side of the screen, you can find four main categories: exchange, IAO, VELT, and Assets.

The exchange page allows you to trade the listed crypto pairs by browsing through sophisticated charts with basic technical analysis indicators.

The IAO page allows you to take part in the IAO events, with the first one being scheduled for April 6.

The VELT page enables users to mine the VELIC’s proprietary token and perform additional operations with it, including converting it to the VELA token.

Finally, the Assets page gives access to key operations, such as deposit and withdrawal of crypto funds.

The site is currently available in five languages, including English, Russian, and Korean. The mobile version for iOS and Android devices will be launched soon.