Last updated: July 1, 2025
At Veli UAB (“Veli”, “we”, or “the Company”), we are committed to operating our crypto-asset trading platform with fairness, transparency, and integrity.
These Rules for Administering the Platform describe how we manage access, process orders, monitor trading activity, and protect our users and the wider crypto market from abuse or manipulation.
Our platform operates in line with the Markets in Crypto-Assets Regulation (MiCA), particularly Article 91, which sets standards for preventing market abuse and ensuring fair access for all users.
These rules ensure that all trading activity on the Veli platform is conducted securely, transparently, and in compliance with regulatory requirements.
They apply to all:
The scope includes:
Access to the Veli platform is restricted to clients who have successfully completed Know Your Customer (KYC) and Anti-Money Laundering (AML) verification.
Each user receives personal, non-transferable login credentials to access the trading environment.
Account sharing or unauthorized access is strictly prohibited.
Veli may suspend or revoke platform access in cases of suspicious, unlawful, or non-compliant activity.
These measures help ensure that all market participants are verified and that trading remains safe and transparent for everyone.
Veli provides clients with access to trade crypto-assets via integrated third-party liquidity providers.
While we do not execute orders directly, we ensure that every order is handled fairly, efficiently, and transparently.
4.1 How Orders Are Processed
Orders are transmitted automatically to our approved liquidity partners for execution.
Orders are generally handled using price–time priority, meaning earlier orders at the same price take precedence.
Execution follows best-effort standards, ensuring fair treatment and optimal pricing based on available market data.
4.2 Market Data Transparency
The platform displays real-time trading data, including:
Data is refreshed continuously, subject to the capabilities of our connected liquidity sources.
Our order-routing and matching logic are designed to ensure that all clients receive consistent, transparent pricing information.
Veli maintains systems and controls to detect and prevent market abuse.
We use automated tools and analytics to monitor trading activity for potential irregularities, including:
We analyze user behavior, order patterns, and trade data to detect potential misconduct.
If suspicious activity is identified, it is immediately reviewed and may be reported to the relevant regulatory authority.
Market integrity is a shared responsibility.
Both users and employees must report any suspicious or potentially manipulative activity.
If you observe unusual behavior, please contact our compliance team immediately: compliance@veli.io
To maintain a fair and trusted marketplace, all users must act honestly, fairly, and in good faith when using the platform.
The following activities are strictly prohibited:
Violations may result in account suspension or termination, fund freezes, and, where appropriate, reporting to regulatory or law enforcement authorities.
Veli ensures the integrity, security, and confidentiality of all user data and trading activity.
Trading logs and market data are stored securely and are accessible only to authorized personnel.
All data is protected under the General Data Protection Regulation (GDPR) and retained for at least five years, as required by MiCA.
Information shared with regulators is limited to what is strictly necessary and handled in compliance with privacy laws.
We take data security seriously and continuously monitor our systems to prevent unauthorized access or misuse.
Veli’s mission is to provide a trusted, compliant, and transparent trading environment for all users.
By following these rules, we protect the integrity of our platform and contribute to a safer and more responsible crypto-asset market.
For questions or concerns regarding this policy, please contact our Compliance Team:
compliance@veli.io