Cryptocurrency has been surging upwards since the introduction of Bitcoin, the number one cryptocurrency in 2009. When there is rapid upward or downward movement in value and price in the crypto market, you begin to read news about institutional investors such a banks, broker dealers, exchanges, payment providers, fintechs, and other entities in the global financial services ecosystem coming in or going out of the market, which goes a long way to stretch the importance of institutional investors in the cryptospace. Lately we all have seen a constant downward slide of the value of the entire cryptocurrency market which majority of the cause is attributed to the absence of large institutional investors in the crypto market. VELIC FINANCIAL is here to create the tools and requirement which are vital to aid the investment of institutions into the blockchain world. VELIC believes this is a necessary next step for required to create trust and scale in the cryptocurrency world.
ABOUT VELIC
Velic is a financial asset management system designed to provide prerequisite tools needed by traders and investors to make valuable use of their financial crypto assets giving them access to the best investment features.
Velic is set to revitalize and rehabilitate the cryptocurrency environment to increase investors confidence as well reduce the complexity in cryptocurrency trading to aid traders comfortability.
The ledger system has been deemed to consist of assets which are considered to be unstable assets as their values keep flunctuating uncontrollably since cryptocurrency is still in it infancy period. The instability of crypto assets is one major reason for the setback in the major adoption cryptocurrencies in our daily Business transactions. Velic aims to bring about this crypto assets stability and create an easily accessible investment opportunity for both retail and institutional investors in the blockchain industry. Velic has assured users of maximum security of their financial cryptocurrency assets.
Velic is looking forward to provide relevant trading features and indicators to improve trading activities of cryptocurrency traders as well as managing the assets and streamlining the portfolios of it users towards making maximum profits from the crypto market.
VELIC'S FEATURES
Having examined the blockchain industry and the traditional financial institutional system, velic has put in place some unique features termed indices to maximize the efficiency and increase the confidence of blockchain investors against the volatility and challenges faced by cryptocurrency market in general. VELIC has been able to provide the S & P 500 indices and has been proven to be tested and trusted from it high efficiency and reliability as against the situation when an individual makes his investment through a token whose value and price are volatile and uncertain because of market pressure. Sequel to this VELIC has regard the indices as the best investment tool.
So many different indices have been identified to be available for different themes as well as qualities as regards to security and other areas. While making use of the velic indices, velic using it VELT token will be able to check the status of it’s indices creating a connection between the assets.
VELIC ASSET MANAGEMENT
Digital Asset has shown to be one area that owners profit majorly in the past years. Recently cryptocurrency traders and investors are almost out of right tools to monitor their assets in this flunctuating market and eventually end up finding dead projects
Velic Asset Management will be a powerful tool for crypto investors granting them real-time access to premium information sources and expert analysis on all tradable tokens that will help them identify viable projects and in making profitable investment decisions.
Velic Asset management will make available two forms of investment products namely, the active and passive products.
The Passive investment products will employ the Velic indices professionally designed to aid investors easily exchange their cryptocurrencies with different assets without the limitation of being attached to a single cryptocurrency asset.
The Active investment products involves the presence of investment managers who through machine languages and artificial intelligence help the users procure profitable returns on investment.
Users will be able to trade their various assets product on Velic Exchange, they can be securely stored in the Velic Vault and can also be used to secure loans on the platform.
THE VELIC EXCHANGE
The Velic Exchange will be a fully functional cryptocurrency exchange where traders and investors alike to deposit, withdraw and trade different crypto assets which can be cross-traded with the native Velic tokens, VELT, BTC, ETH and USDT and ultimately other pairs in the near future.
Inorder to maintain a healthy market between the crypto pairs the Velic platform tokeny, VELT and VELD, will be paired against listed currencies to ensure more volume is generated which will in turn increase the value of Velic tokens. The security implant on the Velic exchange is of high priority and using the Velic exchange will require a full Know-Your-Customer / Anti-Money-Laundering (KYC /AML) compliance in order to ensure that the platform is safe from malicious users
The Velic Exchange will be fully utilizung the Blockchain technology to provide a multitude of unique features which include professionally supervised Over The Counter (OTC) trades, increased publicity for new tokens listed on the exchange and give traders an opportunity to trade these newly listed tokens.
VELIC CRYPTO-BACKED LOAN
One unique feature of the Velic ecosystem is it crypto backed lending service, Velic will be providing borrowers with access to cryptocurrency-backed loans against stable coins. These loans could be very useful for users who want to get cash advances for urgent expenses without laying off their valuable tokens at unreasonably low market price.
Platform users who have succesfully completed the Know-Your-Customer/Anti-Money-Laundering (KYC/AML) can apply for a Velic loan by setting the terms of the loan and then transferring the crypto assets to be used as collateral to Velic loan, after which the user receives the requested loan in their Velic account.
Velic loans can be repaid on or before the expiry date through the user's Velic account balance or by deciding to liquidate the provided collateral. Check out Velic whitepaper to learn more about velic loan services.
Conclusively, Haven looked at the tools and components velic has put in place coupled with it recent partnership with ICON a big project in the blockchain world, it will be a motivation that would raise investors confidence to invest in the blockchain ledger system knowing fully well that their assets will be well managed and secured in long term for more profits.
For more information about Velic and it financial asset management system, please visit the following links below.
Website: https://www.velic.io/
Whitepaper: https://www.velic.io/web/download/VELIC_White%20paper_V1.01.pdf
Twitter: https://twitter.com/velicfinancial
Telegram: https://t.me/velicfinancial
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5024373.0
Author
Bitcointalk username : Andyoung
BTT profile: : https://bitcointalk.org/index.php?action=profile;u=1307538;sa=summary
VELIC Account Email : Andyoung4real@gmail.com