VELIC cryptocurrency exchange was launched in 2018 and was headquartered in Singapore. As of writing, there are no active VELIC trading pairs. Hence, the overall VELIC trade volume is zero. KYC verification was mandatory on this platform as it is a centralized exchange.
The VELIC spot market featured a variety of popular cryptocurrencies. However, it only had crypto-crypto VELIC trading pairs. The exchange charged a VELIC exchange fee of 0.2% on all trades. The VELIC crypto fees for withdrawals varied based on the asset.
The native token of the VELIC crypto exchange was VELT.
However, the exchange decided to close its operations in October 2022.