Gold is a good place to maintain wealth #decentralization2018 #Vaultoro

in #decentralized20186 years ago (edited)

When talking about investment, everyone will surely say gold is a good place to maintain wealth. To buy gold, of course, you have to go to a shop that sells gold in the real world. how, if at this time, you can easily buy gold bars using the crypto currency that you have. This is not new news in the world of investment, investment in the form of gold bars, has been happening for a long time.

But in this case to invest your wealth (bitcoin) in the form of gold bullion. You only need to use the services of the Vaultoro platform, they guarantee, all the gold you buy using bitcoin will be stored in your account in the form of gold bars, is part of testing the purity of 99.95% gold. Gold secured at Pro Aurum's private dome facility is calculated and audited for purity by BDO International, one of the largest audit companies in the world.

What is Vaultoro

The platform that accepts gold purchases using bitcoin, Vaultoro is part of a major change in the world of finance that uses blockchain technology.

Insurance and gold storage

All gold is insured and Vaultoro publishes documented proof of insurance. And gold is stored in Swiss high security dome facilities, insurance costs, and storage fees are calculated based on the amount of gold you have. Storage costs are a small 0.4% of your gold volume per year, calculated based on 15 minutes, listed in the monthly report.

Gold audited

Every 6 months, your gold will be audited by the world's most prominent audit company (international BDO) to ensure full gold reserves. The BDO audit certificate will be published on the Vaultoro web, so that clients can find out information about the audit results. In this case, Vaultoro emphasized that gold reserves were not used as collateral, loans, hypothesized, and carried out transactions of any kind. all stored gold remains the property of the user, until it is sold or withdrawn physically by the owner.

Security

Vaultoro has three security "MULTISIGNATURE STORAGE, ENCRYPTION, LOCKED PAYOUT ADDRESSES", in which all have their own functions that guarantee user funds are safe.

Gold is a fairly stable and profitable investment that can protect your wealth. In addition, gold also benefits from the emergence of virtual currencies. today many investors are looking for new ways to invest the money they have. In the #decentralization2018 event which will take place November 14-16 2018 at Divani Caravel, Athens, Greece. Joshua Scigala, will be the speaker at the #decentralization2018 event, with the topic (Why fiat backed stable coins are doomed to fail and what can be done about it)

"Josh is an award-winning designer, animator & entrepreneur. He has established 5 technology startups and led a large technical team. He is a pioneer in the economy of sharing and in the blockchain space"

"The Lightning Network takes the mainstream bitcoin in terms of speed, privacy and utility. This is the icing on this evolution cake and is very beautiful to watch out for. I am very proud to make Vaultoro a small part of this story"

Vaultoro Management Team

In the past, users who wanted to trade, they had to send bitcoin to the Vaultoro platform, usually requiring six confirmations, but now users can immediately exchange "with lightning". Of course, users must use the Eclair bitcoin wallet, a wallet that supports the Lightning function. Please note that Lightning is still in beta and still has its own risks.

After you buy gold on the Vaultoro platform, users can hold assets for seconds or even years. All gold ownership certificates are stored safely on the blockchain. and All gold holdings are physically stored by Pro Aurum in Switzerland and audited by BDO. Physical gold can be requested by a customer or left in a vault, where he is also insured.

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Disclaimer

This shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money investing in crypto currencies. The information above is for educational and entertainment purposes only.

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