Velo (VELO) Gets Listed on KuCoin! World Premiere!

09/17/2020, 17:33:31

Dear KuCoin Users,

KuCoin is extremely proud to announce another great project coming to our trading platform. Velo (VELO) is now available on KuCoin. Supported trading pair is VELO/USDT.

Please take note of the following schedule:

  • Deposits Effective Immediately
  • Trading VELO/USDT : 20:00 on September 17, 2020 (UTC+8)
  • Withdrawal: opening date will be announced separately.

Important Notice:

From 18:30:00 to 19:30:00 on September 17, 2020 (UTC+8), KuCoin will deduct the corresponding KCS in the winning users’ trading accounts and distribute the corresponding VELO. Please ensure you have sufficient KCS in your trading account before 18:30:00 on September 17, 2020 (UTC+8). KuCoin will attempt the deduction several times, so please ensure a sufficient amount is in your trading account if you find your deduction failed. If the deduction is successful, the VELO will be distributed immediately to your deposit account (main account), otherwise the purchase qualification will be lost.

Project Summary:

The Velo Protocol is a value transfer engine that will initially consist of two components: a Digital Credit Issuance Mechanism and the Digital Reserve System. Together, these components will allow Trusted Partners to tap into the reach, operational efficiency and transparency of the Velo Protocol and its underlying distributed ledger technology. The Velo Protocol will enable multiple business use cases that are all based on its core function: that of issuing collateral backed digital credits that can be used for frictionless value transfer.

VELO Official Website: https://velo.org/

About VELO Token: Click to view

Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24x7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

Regards,

The KuCoin Team