If you host an ATM on the Velorex network you'll be directly rewarded with a small commission that's charged on every trade on your ATM. Configure your commission rates and track how much you've earned in your administration panel
We designed our machine to be as easy as possible to use - within a matter of seconds you can purchase any token and have it sent directly to your smart wallet.
You can also send tokens to the ATM and receive cash from the dispenser.
We're also making a smart wallet!
Start managing your own funds. Send and receive currency instantly, anywhere in the world all from the palm of your hand.
Velorex (VEX) token is a BEP20 token that's deflationary and will be embedded into the ATM system. Every purchase or sale of any token using our machine will incur a minuscule internal tax to the end-user.
This tax is used to buy Velorex tokens and permanently remove them from the supply by sending them to a 'dead address'.
The liquidity pool will grow as tokens are bought and 'burned'.
What's the point of having funds in your wallet if you can't spend it easily? That's why Velorex is developing a payment system using virtual and physical spending cards that convert your tokens directly into local spendable currency at the point of sale!
See how it works..
Scroll through an example sequence of a purchase using our UI
According to the World Bank, more than 1.6 billion adults have no access to current, savings, or mobile money provider accounts.
The Velorex ATM network will allow anyone with a free cryptocurrency wallet to trade cash for a variety of digital tokens by interacting directly with decentralized exchanges.
People that have been unable to store their cash safely now have a new option to buy and store digital currencies easily and quickly from our decentralized ATM network.
This could dramatically change the financial capabilities of the 'unbanked' populations across the globe.