The Vaultoro Glass Book Approach To Bitcoin Exchange Transparency
Since the close of Mt. Gox in February 2014, many exchanges have risen to fill the void and have claimed to learn from the mistakes of the failed exchange. But have they really? Some believe that insuring deposits and returning the funds, as done when Bitstamp was hacked, is enough. Others feel that some form of multi-signature transactions needs to become the rule rather than the exception for exchange platforms. And then there is Vaultoro; a new, Bitcoin gold exchange that is betting big on being fully auditable. Also read: Vaultoro Opens Swiss Gold Vaults to Bitcoiners. Vaultoro....
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Bitcoin gold exchange Vaultoro.com launched its trading platform on February 13th, and users may now instantly exchange their gold for bitcoin and back on a completely independent basis. The company announced in a press release: "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." Co-founder Joshua Scigala launched the exchange in response to the Mt. Gox collapse, which allegedly hurt him financially and personally. He desired to build a fully auditable....
Bitcoin gold exchange Vaultoro has been selected as one of eight startups for the 2017 Techstars Berlin program. Vaultoro, chosen from a pool of hundreds worldwide, is a rapidly growing enterprise offering a secure alternative to traditional banking, merging gold’s long track record as a globally recognized store of value with the speed, transparency and divisibility of the Bitcoin blockchain. Techstars, its new supportive partner, is one of the largest and most prestigious global investors in startups. They not only invest time and financial support, but also provide a robust network for....
Vaultoro, one of the world’s leading trading platforms for Bitcoin and gold, is raising additional funds to expand their services in the coming months. Additional team members will be recruited, and a new order book will be made available if this round of funding is successful. Whenever a Bitcoin company is looking to expand its operations, things are....
Vaultoro, a Bitcoin Gold Exchange, has recently announced that they have been chosen among eight other startups to participate in the 2017 Techstars Berlin Accelerator. Vaultoro is aiming at developing the world’s largest and most transparent full reserve asset based banking solution. The platform enables anyone in the world to exchange digital and physical assets, like gold, silver and Bitcoin, in an easy and secure way without an involvement of banks with their deposits plans. The startup is on a mission to bridge the gap between traditional physical bullion industry and the ongoing....
Bitcoin-to-gold exchange Vaultoro has noted a 13% surge in gold trading in Japan, which is possibly tied to the central bank’s negative interest rates. Plenty of countries around the world are dealing with financial turmoil, and Japan is no different in that regard. The country is dealing with negative interest rates and expected inflation, which makes....