VELVET - Freedom In Trading. Here And Now

[deloodin]

It looks like another exchanger with a good designer. But what will come of it - only time will tell us.

[EP1CA]

Did I understand your idea correctly, have you collected the best functionalities in one platform and strive to improve the quality of services?

[velvet.exchange]

Why centralized exchange?  In cryptocurrency, everyone strives for decentralization.  At first glance, the project has the right to life.

We are operating in accordance with the laws of Estonia and we need to follow them 

[velvet.exchange]

In general, the exchange turned out to be quite good, the trading platform is fast, I have not noticed any glitches yet.
At the moment, I have not yet studied in detail all the possibilities of Velvet, but I'm interested in the possibility of stacking. Will this option be available?

Hello, epidemia.

Feel free to study our FAQ to know more about Velvet. Also Analytics and Trading Guides might be useful.

Good luck!

[velvet.exchange]

It looks like another exchanger with a good designer. But what will come of it - only time will tell us.

Right, only time will tell 

[velvet.exchange]

Week starts with good news

Week starts with good news: The Parliament of Liechtenstein passed the Blockchain Law this week, designed to stimulate the further development of new financial technologies and increase the effectiveness of the tokenomics — an economy based on cryptocurrencies and tokens — in all its forms. The market is coincidentally mostly green, Bitcoin rose +1.1% in the last 24 hours and reached $8,100. Ethereum as well rose +1.2%, Bitcoin Cash had a +2.8% lift up and Litecoin stayed almost unchanged +0.2%.

https://www.reddit.com/r/VelvetExchange

[AMG.]

Why centralized exchange?  In cryptocurrency, everyone strives for decentralization.  At first glance, the project has the right to life.

We are operating in accordance with the laws of Estonia and we need to follow them 

want to settle cryptocurrencies around the world, Estonia is at the stage of a major breakthrough in digital technologies ... I hope that the centralization of the exchange office will ensure the safety of its users by the legislation itself and significantly increase its use

[St1fleRqq]

Why centralized exchange?  In cryptocurrency, everyone strives for decentralization.  At first glance, the project has the right to life.

We are operating in accordance with the laws of Estonia and we need to follow them 

want to settle cryptocurrencies around the world, Estonia is at the stage of a major breakthrough in digital technologies ... I hope that the centralization of the exchange office will ensure the safety of its users by the legislation itself and significantly increase its use

The whole world is gradually following the trends of cryptocurrency, well, this is good, because although the market is falling in price, it is still developing

[Tryam93]

Why centralized exchange?  In cryptocurrency, everyone strives for decentralization.  At first glance, the project has the right to life.

We are operating in accordance with the laws of Estonia and we need to follow them 

want to settle cryptocurrencies around the world, Estonia is at the stage of a major breakthrough in digital technologies ... I hope that the centralization of the exchange office will ensure the safety of its users by the legislation itself and significantly increase its use

The whole world is gradually following the trends of cryptocurrency, well, this is good, because although the market is falling in price, it is still developing

I would not say that the market is falling, it is at the stage of a powerful upward impulse, this is indicated by trading volumes

[velvet.exchange]

Why centralized exchange?  In cryptocurrency, everyone strives for decentralization.  At first glance, the project has the right to life.

We are operating in accordance with the laws of Estonia and we need to follow them 

want to settle cryptocurrencies around the world, Estonia is at the stage of a major breakthrough in digital technologies ... I hope that the centralization of the exchange office will ensure the safety of its users by the legislation itself and significantly increase its use

Yep, you are absolutely right.

regards

[velvet.exchange]

Why work with a legitimate exchange and why passing KYC isn’t an issue?



There’s nothing more important than complying with the law. If you don’t want any problems, make sure you choose a reputable exchange that focuses on integrity and a good license.

How do legality and KYC relate?

If the exchange is planning to work only with cryptocurrency, it's possible to operate without KYC. For example, the law in Estonia does not explicitly prohibit the operation of exchange without a KYC if you operate only with cryptocurrency. At the same time, lawyers still advise establishing KYC for users using cryptocurrency in an equivalent or more than 10K EUR.

In case you also accept fiat currency, your business becomes more similar to the banking sector and KYC is obligatory thing. Even if it’s just using one cent of fiat currency without KYC, you would be working illegally.

Velvet’s organizational and legal structure of the exchange complies with the regulations set in European jurisdictions. Yes, KYC is challenging sometimes but Velvet offers a fast way to process applications (an hour or a day, with the functionality of tracking the stages of the application process rather than 15 days and many additional questions).

Whichever way, we are adamant about keeping within the boundaries of the law.

WEBSITE: https://velvet.exchange
Analytics: https://medium.com/velvet-exchange/tagged/velvet-analytics
Trading Guides: https://medium.com/velvet-exchange/tagged/velvet-trading
Reddit: https://reddit.com/r/VelvetExchange/
Telegram: https://t.me/velvetbroker
Twitter: https://twitter.com/VelvetBroker

[velvet.exchange]

Bitcoin rose +4.0% flying up to $8,500.

Today, the market continued its yesterday's trends: Bitcoin rose +4.0% flying up to $8,500. The move was not supported by all smaller coins — while Ethereum added +3.3%, Bitcoin Cash slightly lost posting -0.5% and Litecoin remained flat with +0.2%. In terms of important news, US Senators warned Mastercard, Visa and Stripe on Libra membership thus adding points to the companies' own worries. Libra poses risks not only to global financial systems but also to the companies’ broader payments business, Senator Sherrod Brown of Ohio and Senator Brian Schatz of Hawaii said in a joint public letter to the remittance companies.

https://www.reddit.com/r/VelvetExchange/comments/dg07um/bitcoin_rose_40_flying_up_to_8500/

[Rogueblot]

The conditions for individuals and for large companies are completely the same?

[Flora]

How do you differ from the mass of other exchanges? what is your advantage?

[AMG.]

Where can I read the listing conditions for your exchanger? Do you plan to promote your product in the Chinese market?