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Veli Democratizes Crypto Market With Cutting-edge App
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Veli Democratizes Crypto Market With Cutting-edge App

Daniela Kirova
Daniela Kirova
July 19th, 2023
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  • Smart investments can be accessible without a financial advisor and hours of research
  • Combination of automated tools and human support to help users buy low, sell high
  • Women use the app for free

While the cryptocurrency market evolves and new investment platforms continue to emerge, many lucrative investments remain accessible only to large investors with access to wealth managers and behind-the-scenes know-how. With the launch of the Veli.io app across Europe, this is going to change.

Access to wealth management strategies

The new platform gives its users access to long-term wealth management strategies created by top experts, as well as 1:1 mentoring with crypto specialists to close the knowledge gap. This hands-on tool will make smart investments accessible to everyone without the need for a financial advisor and hours spent daily on research and analysis.

Co-founder and CEO Stevan Radonjanin, who previously worked for the Austrian crypto unicorn Bitpanda, explains what is unique about the Veli platform:

For the first time, there is an automated way for smaller investors to buy assets when their market value is near the bottom and sell near the top without the need of extensive crypto knowledge.

25% of crypto transactions flow to Europe

25% of the money from transactions that take place via the largest crypto protocols currently flow to Europe. Veli’s team saw the growing interest for crypto as a great indicator of the need for a platform where European crypto enthusiasts can invest in a safe and smart way.

Unlike many other platforms that leave investors on their own, Veli offers a unique combination of automated tools and human support to help users buy low, sell high and protect their investments.

Usability and support

The platform’s user-friendly interface simplifies the investment process by enabling users to specify how much money they want to earn, in what period of time and the amount of risk they are willing to take. If there are any doubts, a carefully constructed questionnaire helps individuals with their decision-making by analyzing their preferences. Veli then provides its users with several strategies designed to help them on their investment journey at their own pace.

Customizable downside protection

Another special feature of the app is that it offers customizable downside protection. Users can set the lowest value threshold at which the app will automatically sell their assets. For example, the threshold can be set at 20%, which will make the app immediately sell or convert the assets once their value drops below 80% of their initial value. This feature will be active even if the user is not online to protect from unwanted losses.

Women can use the platform for free

The platform is free for female users, who can feel excluded from the world of crypto investing. This is an effort to help women achieve their financial goals.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.