Velorex (VEX)

Velorex is a European cryptocurrency startup developing the world’s first decentralized ATM. The Velorex system, powered by the VEX token, will be owned and operated by individuals spread across a node-like network. By creating the world’s first DeFi banking network for emerging markets, Velorex aims to enable users to access online shopping, banking, and safe money storage and transfer. ATM operators will provide liquidity and offer a crypto-to-fiat exchange in return for commission.

The Velorex token, VEX, was launched in Q2 2021 and is listed on PancakeSwap. Certik Security has audited the smart contract by Certik Security to ensure the token’s security and reliability. In addition to ATM development, Velorex has incorporated the ‘Velorex ATM Dış Ticaret Limited Şirketi’ in Turkey, serving as a base for their worldwide operations. Velorex also offers exclusive benefits through the ‘Velorex Members Club,’ which are accessible only to holders of an official Velorex NFT. Joining the club provides reduced transaction taxes when trading VEX using their dedicated swap.

With a sleek design and a focus on user experience, Velorex’s DeFi Crypto ATM prototype is complete and ready for public demonstration and testing. This achievement marks a significant milestone for the company as it moves closer to bringing decentralized banking services to emerging markets. Velorex aims to provide a safer investment option for users while fostering financial inclusion and access to digital assets. By leveraging the power of blockchain technology and the VEX token, Velorex is poised to revolutionize the way people access and manage their finances.