Admin: Created page with ": '''Vaultoro''' is a hosted web-based eWallet used for sending, receiving, and storing bitcoins. The primary purpose of Vaultoro is to enable anyone to trade into allocat..."

2019-08-08T12:19:48Z

Created page with ": '''Vaultoro''' is a hosted web-based eWallet used for sending, receiving, and storing bitcoins. The primary purpose of Vaultoro is to enable anyone to trade into allocat..."

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'''Vaultoro''' is a hosted web-based [[eWallet]] used for sending, receiving, and storing bitcoins. The primary purpose of Vaultoro is to enable anyone to trade into allocated gold instantly and secure that gold in a profesional top-tier audited & insured vaulting facility based in a duty free zone in Zurich Switzerland.

[https://www.vaultoro.com Vaultoro.com] is the first live [[currency exchange|exchange]] to enable traders to trade between bitcoin and physical gold with other members of the exchange.

==Deposits==

* Bitcoin
* All Altcoins supported by [[Shapeshift]]

==Withdrawals==

* Bitcoin
* Physical Gold

==Features==
* Real-time trading between physical gold and bitcoin
* Trade a minimum of 5 cents worth of bitcoin or gold
* Gold is Audited and insured
* Bitcoin holdings are publicly audited and help in multi-sig cold storage.
* Gold is held in the customer's name so if something was to happen to vaultoro clients have full ownership and writes to their gold.
* No need to verify your identity unless you want to deposit more than $5000 worth of bitcoin per day.
* 0.5% - 0.2% trading fees depending on traders 30 day volume.
* All gold is Vaulted in professional bullion vaulting facility within Switzerland's duty-free zone.

==History==
After a year of development, the exchange was opened for the public in February 2015.

* Vaultoro is the first real-time [http://cointelegraph.com/news/113492/vaultoro-launches-bitcoin-gold-exchange bitcoin gold exchange] in the world.
* Vaultoro uses a 100% transparent public audit both of bitcoin and gold holdings while keeping clients identities private.
* Joshua Scigala, one of Vaultoro's co-founders lost money to the MtGox crash. This inspired him and his co-Founder Philip Scigala to develop an exchange that could be radically transparent.
* In mid-February 2015, Vaultoro secured a 100,000 Euro seed round of private funding.

==Transparency and Auditing==

* All bitcoin and gold holdings can be audited publicly. The bitcoin are audited via that blockchain, and the Gold is audited publicly and privately.
* Vaultoro’s open auditing system works as follows.

# All clients receive an anonymous client ID
# All anonymous client ID’s and holdings are published and can be verified by everyone without knowing who anyone is.
# The client can see the sum of all bitcoin and gold holdings and compare that to vaultoro's gold auditing statements and vaultoro's warm and cold wallets
# The gold holdings are audited by [https://en.wikipedia.org/wiki/BDO_International BDO]
# Clients can verify the insurance certificate

==See Also==

* [[Buying bitcoins]]
* [[Selling bitcoins]]
* [[Full Reserve Banking]]

==External Links==

* [https://vaultoro.com vaultoro.com] Gold bitcoin exchange website
* [http://www.reddit.com/r/Bitcoin/comments/2vrr11/after_1_year_of_really_hard_work_we_have_finally/ Reddit AMA] with Joshua Scigala, a Co-Founder of Vaultoro

==Source==

[http://bitcoin.it/ http://bitcoin.it/]
[[de:Vaultoro]]

[[Category:EWallets]]
[[Category:Blockchain]]
[[Category:Bitcoin]]

Vaultoro - Revision history

Admin: Created page with ": '''Vaultoro''' is a hosted web-based eWallet used for sending, receiving, and storing bitcoins. The primary purpose of Vaultoro is to enable anyone to trade into allocat..."