Vaultoro Seeks to Provide a Store of Value to the Underbanked World Using Gold and Bitcoin

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....

Real-time bitcoin-to-gold exchange and banking 2.0 Vaultoro has reached a significant $1 million milestone in gold trading volume, recording an average monthly trading growth rate of 91 percent. The exchange has seen a rapid increase of its user-base, especially in developing countries such as India, which are severely underbanked or unbanked. "The developing world skipped the landline and went direct to mobile phones. They are now doing the same with traditional branch banking because it's just too uneconomical to set up," said Vaultoro CEO and co­founder Joshua Scigala in a statement.....

Vaultoro is celebrating their anniversary today, and platform customers can enjoy a 50% trading fee reduction for the next month. Trading between gold and bitcoin at discounted prices is always a bonus and an excellent way to celebrate this company’s service. Trading Bitcoin And Gold At Vaultoro Becomes Cheaper. Ever since the Vaultoro platform launched – back in May 2015 – there has been a considerable interest in exchanging between gold and Bitcoin. For the average investors not involved in cryptocurrency, this platform provides an easy way to diversify one’s portfolio through Bitcoin....

Bitcoin is often compared to gold, as both currencies seem to check similar boxes on the list of what makes them so unique. But there are major differences between gold and Bitcoin as well, as one of these currencies can be easily transferred around the world in mere seconds, whereas the other can not. As far as exchanges go, there is a certain appeal to....

Are you a savvy investor? Maybe you became involved with Bitcoin strictly as an investment, and don't care for it as a currency. Now you have some Bitcoin, and you have heard every financial guru and analyst scream "Buy Gold!" over the last few years. Even your central bank is loading up on Gold as we speak, and they are at the top of the capital market's food chain, so why not get in on an uncommonly undervalued Gold buyer's market? You would like to, but are having a tough time finding a way to get your hands on physical gold, not EFTs. An EFT always has the potential to become a....