questions answered briefly

The passages say Velorin Pay is not a bank and crypto balances are not bank deposits, so they are not covered by any deposit protection scheme [2]. They also state that Velorin does not pay interest or yield and does not lend out your crypto [5]. Whether that makes Velorin a good choice for you is not something the passages address; they only describe these features.

Sources

• [2][5] Questions, answered briefly.

Answered from the Velorin Pay knowledge base.

Follow-up questions

• Questions, answered briefly. — The account
• Questions, answered briefly. — The card
• Questions, answered briefly. — Money

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