Velo and Binance Affiliation


VeloCoin Trading Overview

VeloCoin Trading Overview

Effective Date: January 4, 2024

1. Introduction

VeloCoin is a subsidiary of the Velo Team, providing a professional digital asset trading platform affiliated with Binance for spot and binary trading. Our system integrates Binance liquidity and infrastructure to deliver advanced execution, enhanced efficiency, and secure transactions for users worldwide.

Note: VeloCoin is not a registered broker-dealer or investment adviser unless otherwise disclosed. Services offered are subject to applicable securities and commodities laws.

2. Trading Services

ServiceDescriptionApplicable Regulation
Spot & Binary Trading Facilitates buying and selling of supported crypto assets using Binance liquidity integration. Securities Exchange Act of 1934; Rule 15c3-3 (Customer Protection)
Specialized Trading Tools Includes analytics dashboards, automated trading bots, and customizable risk management features. Investment Advisers Act of 1940; Rule 206(4)-7 (Compliance Programs)
Asset Availability Users may trade Velo/USDT and other supported digital assets depending on jurisdictional approval. Securities Act of 1933; Section 5 (Unregistered Offerings)

3. Security and Compliance

  • Binance Integration: Provides high liquidity and efficient execution through API connectivity.
  • Regulatory Compliance: Adheres to anti-money laundering and know-your-customer standards per 31 CFR 1010.230 (FinCEN Beneficial Ownership Rule).
  • User Protection: Implements encryption protocols, authentication layers, and system monitoring consistent with Regulation S-P (Privacy of Consumer Financial Information).

4. Fees and Transactions

CategoryDescriptionTransparency Reference
Trading Fees Competitive maker and taker fees determined by current market conditions. Exchange Act Rule 10b-10 (Disclosure of Transaction Information)
Pricing Displayed transparently before confirmation; no hidden surcharges. Regulation Best Interest (17 CFR 240.15l-1)
Deposits and Withdrawals Instant deposits and secure withdrawals supported for listed assets. SEC Custody Rule 17 CFR 275.206(4)-2

5. Risk and User Responsibility

Crypto assets involve risk of total or partial loss. Prices are volatile and subject to market, regulatory, and technology factors. By using VeloCoin you acknowledge that trading cryptocurrencies carries risk and that VeloCoin does not guarantee profits or investment performance.

Example volatility reference: Historical average deviation in digital asset pairs may exceed 60 percent annualized. Users should evaluate suitability based on financial objectives and risk tolerance.

6. Velo White Paper

For detailed information regarding the Velo ecosystem, tokenomics, and operational structure, refer to the official Velo White Paper.

7. Contact Information

For inquiries, support, or compliance questions, please contact:

Last reviewed: January 4, 2024

References: SEC Exchange Act of 1934; Investment Advisers Act of 1940; FinCEN CDD Rule 31 CFR 1010.230; Regulation S-P; Regulation Best Interest. This page provides disclosure of VeloCoin trading operations and does not constitute financial or investment advice.

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