We accept :
  • Bitcoin
  • Ethereum
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About Us

Velareum is a new cryptocurrency exchange bringing revolutionary solutions into the coin-trading industry.

P2P Exchange: The Velareum P2P Exchange supports many different payment methods and allows cryptocurrency buyers and sellers to trade and exchange crypto coins in their own language in a safe, straightforward and fast way to and from their local currencies.

ICO/STO Counter (IEO): This enables ICO publishers to list their tokens on the Velareum platform. ICO/STO investors can invest in ICO/STO using their own local currencies or choose from a wide variety of payment methods. It allows users to use the platform to buy tokens in their own language without restrictions based on the country they are located in (subject to local laws).

Problems

Here are some problems faced by Crypto Traders and ICO publishers and the solution Velareum will provide.

Locality

Most exchanges only trade with the English language and maybe two or three other languages. Certain restrictions such as language, lack of access to crypto currencies and website access keeps ICO tokens away from investors in certain geographical locations. Most Exchanges offer their services in English alone.

Security

Certain Centralised exchanges are susceptible to hacking. Storing crypto assets within the platform is a security threat. Due to coin theft and loss of coin on big and small exchanges, crypto holders and traders do not know which Exchange to trust.

ICO/STO Publishers

STO/ICO publishers want to sell their token/coin, investors want to buy tokens but due to restrictions based on language, locations, or lack of access to cryptocurrencies, it becomes difficult for ICO investors from places like Africa, Asia, and the Americas to invest in ICO.

Charges Double Charging

Trading platforms charge fees for trading, deposit and withdrawals.

Solutions

Velareum has the solutions for above problems.

Locality

The Velareum P2P Platform allows you to trade in over 50 languages, with more planned for the future.ICO publishers can now list their tokens/coins directly on the Velareum P2P Exchange, and sell their token to any one from any part of the world without restriction based on geographical location, language and mode of payment.

ICO investors can buy any ICO listed on Velareum Platform by selecting from the form of payment listed, or using their local currency, without paying any extra charges or worry about how to get cryptocurrency to buy ICO.Velareum P2P users can create a trade or buy and sell cryptocurrency without restrictions based on language, geographical location and mode of payment.

Security

The Velareum P2P Platform is built on a decentralised system and is protected from DDoS attacks and we also have an arbitration and rating system that prevents fraud and scammers.

Users do not need to worry about trust on the Velareum Platform because to trade on our platform, Velareum does not hold your digital assets.

Velareum is a platform that links crypto assets from the seller to the buyer and we provide escrow service for the trade. Buyers pay directly to sellers, so we do not hold your assets. We do not store cryptocurrency on our platform. As a result, there is no fear of hacking.

ICO/STO Publishers

The Velareum ICO/STO Counter (IEO) allows publishers to list their tokens directly on our platform and sell to investors without any restrictions based on local language, form of payments (users can trade in local currencies) and geographical location (subject to local laws). Investors can select from a wide form of payments.

ICO/STO Publishers benefit from our platform as due to the above they can reach a wider audience.

ICO/STO Publishers benefit from our platform as due to the above they can reach a wider audience.

Charges

Velareum charge you only when you withdraw coins on the Velareum platform, we charge you a nominal P2P trading fees 1%.

Features

Some of the features of the Velareum Exchange that makes us stand out!

Supports Multiple Currencies

Traders can buy without any restrictions based on their location, and use many payment methods including their local currencies.

Easy to Use

The Velareum P2P platform is designed to make the process of trading coins and tokens easy and straight-forward.

Leadership

Offers arbitration and user ratings which help prevent scams. Users will be able to rate the buyer/seller helping to gain trust.

List ICO/STO

ICO publishers can list their ongoing ICO/STO. This is unique on a decentralised P2P Exchange! Purchase tokens with many payment methods.

Many Languages

User-friendly platform where users can trade in a language of their choice. This means the platform can be used around the world!

Secure

It connects users through our secure escrow system. This gives peace of mind to both the buyer and seller with confidence on our platform.

Token Sale

Starting Time : JULY 08,2019
Ending Time : AUGUST 01,2019
Soft cap : 5,000,000 USD
Hard cap : 15,000,000 USD
Token : VELS Token
Exchange Rate : 1 BTC = 100,000 VELS
Token Sale : 150,000,000 VELS
33.33%
Soft cap
5,000,000 USD
Hard cap
15,000,000 USD
Sold Token 50000000 Total Token 150,000,000
  • 1 VELS = $0.1

    Private Sale
  • 500 VELS

    Minimum Purchase
  • BTC, ETH

    Acceptable Currency

Bonus Stages

Stage 1
July 08 - July 16
20% Bonus
Buy Now
Stage 2
July 16 - July 24
10% Bonus
Buy Now
Stage 3
July 24 - August 01
5% Bonus
Buy Now

Token Allocation

  • Public ICO Sale
    50%
  • Private Sale
    10%
  • Team Members/Developers/Advisors
    10%
  • Founders
    10%
  • Airdrop and Bounty Program
    20%

Funds Allocation

  • Development
    30%
  • Legal (license, compliance etc)
    10%
  • Marketing
    35%
  • Operation and Others
    25%

Roadmap

VELS DOLLAR

VELS DOLLAR (VELS) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 VELS Dollar for S$1.00, giving it a stable price.

VELS Dollar
  • Stable value

    For customers with a Singapore dollar bank account, 1 VELS can always be redeemed for S$1.00, giving it a stable price.

  • Backed by Singapore dollars

    Each VELS is backed by one Singapore dollar, which is held in a bank account.

  • Powered by Ethereum

    VELS DOLLAR is an Ethereum token, so you can store it in an Ethereum-compatible wallet, like Coinbase Wallet.

  • Global transactions

    VELS DOLLAR is designed to let dollars move globally from your crypto wallet to other exchanges, businesses, and people.

  • Trading

    Move instantly between dollars and crypto.

  • Holding

    Enjoy the stability of the Singapore dollar by converting your cash to VELS.

Security

Security

The majority of your cryptocurrency is held in our offline, air-gapped Cold Storage system. Only a small portion of your cryptocurrency is held in our fully-insured, online Hot Wallet.

OUR COLD STORAGE SYSTEM

We use hardware security modules (HSMs) that have achieved a FIPS 140-2 Level 3 rating or higher.

All private keys are generated onboard our HSMs and stored and managed there for their lifetime.

We use a multisignature digital signature scheme (multisig) to eliminate single points of failure and improve our resilience against the loss or compromise of any individual private key.

All HSMs are geographically distributed and stored in monitored, access-controlled facilities.

All HSMs require the coordinated action of multiple employees to operate.

OUR HOT WALLET

Our Hot Wallet is hosted on Amazon Web Services (AWS). AWS has a proven track record for physical security and internal controls. More information can be found here.

We follow the principle of least-privilege by applying tiered, role-based access-controls to our production environment. Administrative access requires multi-factor authentication.

All Hot Wallet private keys are managed in the AWS CloudHSM service, which provides dedicated HSMs in the AWS cloud that have achieved a FIPS 140-2 Level 2 rating.

Culture

Blockchain is comprised of talented, inspiring, and hardworking individuals from around the world. We share the passion to code, create, and connect people to the future of finance. Together, we work hard, brainstorm nonstop, and brew endless coffee.

Blockchain is the most trusted and fastest growing crypto company, helping millions across the globe have an easy and safe way to access cryptocurrencies

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100+

Employees

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22

Nationalities

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4

Offices

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12

Office Pets

Our Leadership

Powering one of the fastest growing technology companies in the world

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Peter Smith

CEO & Co-Founder

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Nicolas Cary

Co-Founder & Vice Chairman

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Marco Santori

President & Chief Legal Officer

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Chris Lavery

VP Finance & Operations

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Peter Wilson

VP Engineering

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Antony Jenkins

Board Director

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Michael Jackson

Board Director

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Jeremy Liew

Board Director

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Arthur Levitt

Board Advisor

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Bob Wigley

Board Advisor

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Salil Pitroda

Board Advisor

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Anthony Browne

Regulatory Consultant

Backed by the Best

Frequently Asked Questions

Velareum is a secure P2P cryptocurrency exchange that connects crypto currency buyers and sellers through a unique and safe escrow system. Users on Velareum can negotiate on the price of cryptocurrency, set the amount to buy or sell and choose from the myriad of payment methods. The platform allows users to undertake the trade in their native tongue or more than 50 of the world’s popular languages. Importantly, Velareum offers a dedicated ERC20 tokens counter where active ICO can list their tokens for investors from the world over to buy in. VELS are the Velareum Stable Coin is the native token of the Velareum platform. It allows holders to achieve among other things, trade in crypto currency on the Velareum platform, buy any of the listed tokens on the Velareum dedicated ICO counter or opt into the investment options run by the Velareum platform.
To buy VELS tokens, click on “Register” tab on the top right corner of your browser and follow the prompts to register. You will have to pass a KYC, which involves providing personal information. Once you register an account, you can follow the prompts to buy VELS tokens.
About 30 days after the conclusion of the Velareum ICO, the tokens shall be listed for trade in the major exchanges. If you want to sell your tokens at this point, there is no option for selling at the time of ICO.
Yes, VELS token will be available for trade on other secondary exchanges, which will be announced after the end of the ICO. Furthermore, all digital assets created by Velareum will be compliant with ERC20 and other mainstream standards where possible, and can thus be traded on secondary exchange.
VELS Tokens will be available on Velareum platform and other secondary exchanges 30 days after the ICO process.
As for now all countries can participate to buy Velareum ICO. Where applicable laws, rules and regulations allow, it is not intended that the ICO mentioned in this document to be made or any document sent either directly or indirectly in jurisdictions where participation in ICO is legally restricted
If you think you have the skills and experience to work with us, you can send us your CV. We will get in touch
500 VELS is the minimum purchase.