Velorex is a decentralized finance and technology company that offers hardware and software solutions to manage crypto and fiat currency. Their innovative software allows for the exchange of crypto and fiat currencies using the Velorex Bankless ATM, which sidesteps traditional banking models. VEX is the utility token used for transaction fees and running the Velorex Distributed Bankless ATM Network. Velorex is a fully decentralized BEP-20 token on the Binance Smart Chain, and is hyper-deflationary with an auto-staking system that rewards investors. The company aims to bring their ATMs and software to all markets around the world, with technology that supports local economies and users.