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How to buy Vela Exchange(VELA) Guide

Updated on:  2024/02/24 16:58:44(UTC+0)
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In this tutorial, we will discuss:
Where and how to buy Vela Exchange
Alternative methods to obtain Vela Exchange
Methods to obtain Vela Exchange for free
What are the applications of Vela Exchange
Market stats to assist in determining optimal times for purchasing Vela Exchange
How to safely store your Vela Exchange
How to withdraw Vela Exchange

Where and how to buy Vela Exchange

Investing in Vela Exchange has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Vela Exchange. Here's a step-by-step guide on how to buy Vela Exchange on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Vela Exchange order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Vela Exchange order.
How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Vela Exchange is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Vela Exchange order.
How to buy crypto via third-party gateway
Buy Vela Exchange via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Vela Exchange order.
How to buy crypto on Bitget P2P
Buy Vela Exchange with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Vela Exchange order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Vela Exchange in your Bitget spot account

If you've chosen to purchase Vela Exchange on Bitget, your Vela Exchange will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Vela Exchange

In addition to purchasing Vela Exchange directly, there are numerous other ways to obtain Vela Exchange.

Convert crypto to Vela Exchange with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Vela Exchange. Just choose your available crypto assets, specify the amount for the Vela Exchange swap, confirm, and check Vela Exchange instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Vela Exchange with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Vela Exchange anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Vela Exchange.

Methods to obtain Vela Exchange for free

Using real money to buy Vela Exchange is not the only way to obtainVela Exchange. If you have the time to allocate, you can get Vela Exchange for free.
Learn how to earn Vela Exchange for free through the Learn2Earn promotion
Earn free Vela Exchange by inviting friends to join Bitget's Assist2Earn promotion
Receive free Vela Exchange airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Vela Exchange through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Vela Exchange Price Page and bookmark them to stay updated!
Vela Exchange
Vela Exchange Price Now:
The live Vela Exchange price today is $0.67 USD with a 24-hour trading volume of $50608.00 USD. We update our VELA to USD price in realtime. VELA is -0.59% in the last 24 hours.
Are you planning to buy VELA?
See if other users are buying VELA:
A welcome pack of 1000 USDT for new Bitgetters!

How to buy Vela Exchange in other countries?

You can easily buy Vela Exchange (Vela Exchange) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Vela Exchange in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at [email protected]. Last checked on 2024-02-24.

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A welcome pack of 1000 USDT for new Bitgetters!

What can you do with Vela Exchange?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.

Store/Hold Vela Exchange

Many users hold on to their Vela Exchange with the expectation of it increasing in value. You can store your VELA safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.


Trade Vela Exchange

You can trade Vela Exchange for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Vela Exchange trading to meet your needs.


Send Vela Exchange

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Vela Exchange online and send to anyone and anywhere with their Vela Exchange address.


Spend Vela Exchange

You can also buy goods and services with your Vela Exchange. More and more vendors and retailers accept Vela Exchange every day.


Donate Vela Exchange

Bitget Charity accepts Vela Exchange donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Vela Exchange so no one misses out on the growth made possible by blockchain.


Learn More About Vela Exchange

You can read more in-depth articles on Vela Exchange from Bitget Research and study how cryptocurrencies like Vela Exchange work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Vela Exchange

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Vela Exchange facts from our Bitget Academy articles. Learn why people buy Vela Exchange today!

What is Vela Exchange (VELA)?

Vela Exchange is a DEX on Arbitrum that offers perpetual trading with up to 100x leverage while boasting a community-focused and scalable approach. The protocol was co-founded in 2023 by Travis Skweres and Dan Peng, both of whom are former Boston Consulting Group employees. 

How Vela Exchange (VELA) Works

To start, users need to deposit stablecoins such as USDC into the Vela Exchange, then enjoy a host of trading products such as:

- Synthetic trading for cryptocurrency, forex, and market cap with up to 100x leverage;

- Limit order, trailing order, stop-loss order, and trailing-stop order;

- Alerts and notifications sent as SMS, email, or push notifications on mobile devices;

- Referral program with up to 20% share of all referred users’ generated fees;

- Fiat on-ramps and off-ramps.

VELA is the primary native token of the Vela Exchange. It can be used to receive trading fee discounts, stake to earn a share of fees collected on the exchange and eVELA tokens as rewards from buyback.

Apart from VELA, there is VLP, the liquidity provider token for Vela Exchange. Anyone can get VLP by staking USDC into the platform. VLP can be staked to earn a portion of trading fees generated on Vela in the form of eVELA tokens.

eVELA tokens can be staked to generate yields like VELA (they have the same reward structure), or locked to earn VELA tokens.

How Many Vela Exchange (VELA) Tokens Are in Circulation?

VELA’s total supply: 50,000,000

VELA’s circulating supply: 5,622,344

How to Buy Vela Exchange (VELA)

Consider investing in Vela Exchange (VELA)? It only takes 2 minutes to create an account on Bitget and start trading VELA. 


Check out the available VELA trading pairs on Bitget!


Spot market



Vela Exchange (VELA) Resources

Official Website

Official Documents

Official Whitepaper

How to safely store your Vela Exchange

Many investors opt to hold onto their Vela Exchange for long-term investment. Safeguard your Vela Exchange with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Vela Exchange wallet at Bitget.

How to withdraw Vela Exchange with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Vela Exchange or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Vela Exchange you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.

How to buy Vela Exchange(VELA) Guide

How do I purchase Vela Exchange?
Nowadays, you can purchase and store Vela Exchange hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Vela Exchange. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Vela Exchange?
In theory, Vela Exchange can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Vela Exchange?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Vela Exchange?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Vela Exchange?
The best place to buy Vela Exchange is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Vela Exchange right now?
You should make a decision on purchasing or investing in Vela Exchange or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Vela Exchange online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Vela Exchange instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Vela Exchange purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.