Veltor (VLT)

What is Veltor Crypto Currency? Veltor (VLT) is a cryptocurrency launched in 2019, which aims to bridge the gap between traditional finance and the cryptocurrency industry. It is a decentralized, open-source blockchain protocol built with the latest technologies in blockchain infrastructure, such as tokenization and smart contracts. Veltor was created by the team at Zeux, a financial services company dedicated to revolutionizing the way people manage their finances. Who Founded it? Veltor was founded by Zutar, a London-based FinTech company that specializes in decentralized finance. The company is backed by notable investors such as Sequoia Capital, Ceyuan Ventures, Kleiner Perkins, and Bitcoin.com. What Makes it Unique? Veltor stands out from other cryptocurrencies in the market thanks to its use of a hybrid consensus mechanism, which combines the power of both proof-of-work and proof-of-stake protocols. This allows for quick transaction times and low energy consumption, making it faster and more efficient than other blockchain protocols. In addition, Veltor uses an open-source network, making it easy to interact with the cryptocurrency and develop applications on top of its infrastructure. Where Does It Used? Veltor is used primarily as an exchange of money, however it has potential use cases in the areas of financial services, insurance, and retail applications. Zeux has already integrated Veltor into its payment app, allowing users to transact with VLT while making payments. Additionally, users are able to hold VLT and store it securely on the Zeux app. Where To Buy/Sell It? Veltor is listed on several major cryptocurrency exchanges including Binance, Coinbase, and Kucoin, as well as smaller exchanges such as Idex, Latoken, and Indodax. VLT can be purchased with Bitcoin or Ethereum and other coins depending on the exchange. Comments Veltor is an exciting cryptocurrency that stands out from the crowd due to its hybrid consensus mechanism and the innovative solutions it offers for the financial services industry. With the backing of notable investors, the team at Zeux is sure to have a bright future in crypto. If you’re looking for a new cryptocurency to buy or trade, Veltor is definitely worth a look.