Velo Price
VELO
How Much is 1 Velo (VELO)
Convert VELO to your currency
Last Updated on Dec 27, 2025 12:17 PM
What is Velo?
About the coin
Velo Labs is at the forefront of creating a federated credit exchange network, a groundbreaking initiative in the blockchain space. This network is driven by the Velo Protocol, a financial protocol that leverages blockchain technology to facilitate the issuance of digital credits and enable seamless asset transfers across borders. The primary mission of Velo Labs is to empower its partners to transfer value securely and transparently, ensuring timely transactions.
Main features
The Velo Protocol stands out due to its ability to allow partners to issue digital credits through a sophisticated smart contract system. This system is built on the Stellar Consensus Protocol, which is renowned for its efficiency in processing and settling transactions. The protocol's design ensures that all transactions are not only fast but also secure, providing a reliable platform for businesses to operate.
How it works
Within the Velo ecosystem, the protocol supports various business use cases, all centered around its core capability: the issuance of collateral-backed digital credits. These credits are pegged to any fiat currency, facilitating frictionless value transfer. By utilizing the Stellar Consensus Protocol, Velo ensures that all transactions are processed with high speed and accuracy, making it an ideal solution for businesses looking to engage in cross-border transactions.
Wallet for Velo
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Tangem supports networks for Velo
- Bnb Smart Chain
- Stellar
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Velo FAQ
- Velo is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- Velo stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- VELO represents the same asset as Velo. The ticker is simply a short label for trading and listing purposes.
- To buy Velo, choose a wallet that supports it, complete the payment, and withdraw the coins to your secure hardware wallet.
- For long-term safety, move Velo to a hardware wallet like Tangem, which protects your keys from remote access and malware.
How to secure Velo with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Velo wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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