How to Buy VSO Token?

What is Verso Finance 

Through an integrated network of digital wallets, banking relationships, e-commerce platforms, and local marketplace dapps, it enables businesses to easily scale their financial products.

Problems Verso Solves

Financial product integration is costly and time-consuming. Financial service providers must integrate with thousands of partners (including E-Wallets, Trading Platforms, and Digital Banks), and existing solutions do not include a testbed option. Similarly, these wallet partners necessitate independent integration with thousands of products. Many financial service providers are looking for novel ways to scale and cost-effectively deploy their products.

Verso Solutions

Verso is a decentralized platform for financial product distribution that connects financial institutions with crypto and fiat audiences. Proprietary smart contracts for various financial product categories eliminate the need for bilateral agreements between product providers and third parties such as banks, digital wallets, or trading platforms. Verso is a one-of-a-kind platform that connects diverse distribution channels in crypto and traditional finance. It is a single point of contact for product providers to reach new customers at the lowest possible cost.

Verso for TradFi

Verso enables insurers, loan providers, and others to easily distribute their financial products to the global crypto community. This includes reaching out to specific consumer groups, facilitating crypto-to-fiat payments, and ensuring regulatory compliance.

Verso for DeFi

Verso enables the self-service scaling of DeFi products to non-crypto natives. It is now simple to integrate DeFi products into the user journeys of banks, digital wallets, and trading platforms thanks to a network of TradFi partners. Verso ensures compatibility, consumer protection, and seamless settlement between FIAT currencies and crypto, while these partners benefit from new revenue streams and increased user engagement.

Ecosystem Overview

At a high level, the Verso Ecosystem can be divided into four components

Providers of Financial Products or Services

These include both traditional financial service providers and DeFi service providers. These product providers use one of Verso's product-specific smart contracts to integrate their products into Verso. This includes criteria for product distribution, pricing schemes, and so on.

Compliance Validators

Compliance validators are essential in determining a product's legal legitimacy. Compliance verifiers are compensated for each product sold via the Verso Network. In exchange, they must meet certain eligibility requirements and provide a reputation stake of one million VSOs.

Product Validators

Before a new product is released to the public, product validators test it for functionality and other factors. Product validators play an important role in ensuring consumer protection and are compensated with a percentage of every product sold through the Verso Network. A user must stake 10,000 VSOs and go through an onboarding process to become a product verifier. Each verified product necessitates additional staking.

Wallet Partners

Verso is constantly expanding its distribution channels, which connect to traditional finance and DeFi. Its current focus is on banks, digital wallets (FIAT), and trading platforms, with additional channels in the works. Each channel meets specific requirements, allowing all parties involved to seamlessly integrate Verso products into their user journey. A set of filters assists them in displaying the most relevant product to each of their users.

What is VSO Token?

Verso's Token, VSO, is issued on the Avalanche C-Chain. VSO, which will be minted in April 2021, is a utility token used to access network services and reward network service providers.

How to Buy VSO Token?

How to Register at Gateio?

Click here to register with Gateio, the most preferred exchange for cryptocurrency investment, with a commission discount.
Simply enter the requested information on the page that opens. After completing the "nationality, e-mail address, password and password verification" processes correctly, you can complete the registration process by clicking the confirmation E-mail sent to your E-mail.
 

Gateio KYC Verification

All cryptocurrency exchanges require KYC verification. Although it may cause doubts in the minds of some, the truth of the matter is that it is necessary to know that exchanges that do not require KYC verification should be avoided. This is because identity verification also prevents someone else from opening an account on behalf of the user.

After confirming the verification e-mail sent to you after registering by Gateio, you must enter the site and upload the requested documents. After uploading the front and back side of your ID and selfie (selfie) document, you will complete the registration process.

How to Transfer Money to Gateio

After completing the Gateio registration process, you can now proceed to the deposit process. You can buy Bitcoin or Tether (USDT) with a credit card. You can pay by credit card by clicking on the "Fiat trading" tab on the main page.

To transfer money from another exchange to Gateio, go to the "wallet" section and select the cryptocurrency you want to transfer, then simply paste the wallet code you will be given into the "wallet code" requested section after selecting the appropriate cryptocurrency on the exchange you will transfer.

Attention!
If you are transferring Tether (USDT) from Gateio, Binance or other exchanges, select "TRC20" instead of ERC20 in the "network selection" section. When you choose ERC20, the transfer fee will be much higher. However, with ERC20, you will pay a commission of 1 USDT. Of course, to do this, don't forget to select the TRC20 network in Gateio as well.

For more information you can go to Verso Finance's page