vaultoro.com The bitcoin gold exchange

http://vaultoro.com is the first fully real-time bitcoin gold exchange

Vaultoro.com enables anybody to easily and quickly buy and sell gold at wholesale market prices. Not only that but they can buy as little as 0.001 grams this is less than 4 cents worth of pure gold. By buying gold at Vaultoro investors avoid the hassles and expenses that retail investors have to deal with in the professional bullion market. They can then sell that gold again instantly and spend it anywhere in the world that bitcoin is accepted.

All the gold you buy is held in the form good delivery bars and is secured in market-accredited vaults operated by one of the largest vaulting companies in Europe (Pro-Aurum). Your gold is can be sold within seconds the moment you choose. To sell it you offer it to the thousands of Vaultoro members worldwide through our live online order book. You set your own price or accept what other people are offering for your gold.

All gold purchased on Vaultoro.com is assigned gold
Vaultoro.com enables anyone in the world to buy assigned investment grade gold bullion at wholesale cost through a global marketplace. All gold is assigned gold secured in the user’s name as their legal property. The investor has no exposure to a bank’s financial situation as their gold is secured, counted and Audited by BDO international.

What is the difference between allocated and unallocated gold?

Allocated gold means that the gold is physically held in secure storage and outright owned by the Vaultoro client. All gold bars are segregated from other accounts at the storage facility, and our vaulting facility (Pro-Aurum, one of the largest vaulting companies in Europe) itemizes Vaultoro’s bars on a formal bar list.

“unallocated” gold is very different. With unallocated gold there are no specific gold bars set aside, clients are in fact owed metal by the trading company, broker, bank or refinery that provides the service. Buying unallocated gold exposes investors to the financial situation of the seller because it is carried purely on the company’s accounts or balance sheets. If anything was to happen to the company like bankruptcy then investors would have to hope and wait in line to try and recover their share of gold. The terrible truth is that with unallocated gold holdings there doesn’t have to be any gold held for the account! Unallocated gold is simply a promise to pay back rather than physically held gold held as the users legal property.
Vaultoro.com only offers allocated gold secured in a top-tier vaulting facility in Switzerland.

Vaultoro uses blockchain technology to have full proof of above 100% reserve, ushering in the age of radical transparency in the gold markets.

Trade bitcoin and gold on vaultoro in real time.

When Satoshi Nakamoto originally invented bitcoin he/she modelled a lot of the protocol on gold. The key differences between the two are that gold has a historically stable price but heavy and expensive to send, on the other hand, bitcoin has a very volatile price but fast and cheap to send worldwide.

By allowing people to instantly convert their bitcoin to gold and back 24/7, they are effectively backing their bitcoin with gold, removing the price volatility but also enabling people to send their gold instantly around the world.

Many people in the bitcoin community got into the crypto currency with an aim to exit the mainstream financial system but to deal with the massive volatility of the currency a lot of those same people have to trade back and forth into euro or dollars. Gold protects people against the price volatility of bitcoin without them ever having to go back into fiat currencies, which is attractive to a large number of the bitcoin community.

The other issue Vaultoro set out to solve was dishonest exchanges.
Joshua Scigala, co-founder of Vaultoro.com, was financially hit by the collapse of the bitcoin exchange MtGox at the end of 2012 and this was the inspiration to create a fully auditable bitcoin exchange.

Music and sound design: http://www.phrostylicious-productions.com/
Voice over: Stephany Murphy twitter @S_Murphy_PhD

About Vaultoro.com

Vaultoro is a gold bitcoin exchange where users can instantly convert their bitcoin to physical gold, vaulted in professional Swiss vaults. Joshua and Philip Scigala, two brothers with a long history in bitcoin and gold, founded the company in Feb 2015. Vaultoro’s gold supplier and vaulting company ProAurum is one of the largest physical precious metal’s traders in the European Union.

vaultoro.com The bitcoin gold exchange

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Kane Dane