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Vaultoro is a new breakthrough BTC or DASH for gold exchange platform
Read 100% Free Vaultoro REVIEW by Scamorno Team
FULL REVIEW OF Vaultoro
Are you thinking about using the Vaultoro exchange and is this really the most transparent crypto-to-gold exchanges that you can rely on to purchase 99.9% pure gold directly from? Vaultoro is a platform that allows traders to trade physical gold with Bitcoin at the best prices. It is a one-of-a-kind unique exchange that provides such services in the cryptocurrency industry. They are a company founded by Philip and Joshua Scigala in 2016, with physical gold deposits that are kept within a vault in Switzerland.
An activity that was once exclusively preserved for investment bankers of the world’s premium gold exchanges in London and other parts of the world, Vaultoro brings this ability into the hands of everyday people by providing these services for their traders. it is worth noting that Vaultoro does not maintain a regulated exchange. Instead, Vaultoro allow traders to trade with one another instead of against them.
What Are Vaultoro’s Trading Fees?
While storing Bitcoin is very inexpensive, storing gold is just the opposite and can be very costly due to its volume. The 3 most important considerations that one should ask before using a Bitcoin/gold platform are as follows:
- How expensive are the storage, trading, and withdrawal fees?
- How does the fee schedule work?
- Are there too many variables that will make the fee schedule too complex or are there any hidden fees?
To store Bitcoin and crypto on Vaultoro is free, except for a withdrawal fee just like any other cryptocurrency exchange. These fees are comparable to the fees paid for physical delivery of the bullion that you have taken a position in.\
As one of the most unique companies offering crypto trading with a bridge to trading physical gold, it is difficult to compare their trading fees with other platforms. Most other services offer physical gold or precious metals, including investment portfolios, but only offer Bitcoin payments. They are not necessarily trading platforms.
In Vaultoro’s case, the trading fees are more straightforward. Since they facilitate trading between their traders, their job is to charge a fee on both sides of each transaction. Therefore, they divide users into market makers and market takers and charge different fees depending on the role and volume traded. In general, they are as follows:
|Market Maker||Market Taker|
These are the market maker and taker fees for crypto-to-crypto transactions. On the other hand, they have a different trading fee schedule for crypto-to-gold transactions that are as follows:
|30-Day Trading Volume||Market Maker||Market Taker|
|€0 – 5,000||0.5%||0.5%|
|€5,001 – 25,000||0.45%||0.475%|
|€25,001 – 100,000||0.4%||0.45%|
|€100,001 – 1,000,000||0.35%||0.425%|
|€1,000,001 – 5,000,000||Free||0.4%|
|More than €5,000,001||-0.1%||0.375%
Review Verdict: Vaultoro is a legitimate platform that works
Consumer Fraud Alert Regarding Vaultoro
The success of Vaultoro has given rise to many frauds who try to sell their own fake platforms in its name. This is a big issue as many customers have lost their money in joining from such fake sites. It is advised that customers should be really careful when they are joining and should do some research before they join from any website. To spot these, watch out and avoid sites that claim to write about Vaultoro, yet the write-up is completely garbage and unreadable as they are created by software and spammed all over the internet. It is always better to avoid joining from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only join from the site from the official website here – http://Vaultoro.com/Official (link opens in a new window). The official website that they have includes the legitimate platform.
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