I suggest you ...

Offer an option to sell the gold on an gold exchange

For me the biggest advantage of vaultoro is the no-limits on btc withdraws. However, currently the trade volume is limited by the low number of market participants on this exchange. Trading 2 kg gold could sometimes move the price up or down by 10% whereas on a big exchange it even won't be visible in the chart.

So while our gold is save here, this limit in trading volume makes it hard to get the value out of vaultoro if needed for another investment.

Further, what happens if BTC crashes completely and there will be no trading volume at all? In this case we can not sell the gold and transfer the BTC to another fiat exchange but are really stuck. Currently the only option seems to be to pick up the gold physically :(

Therefore I'd appreciate if there was an other option for selling the gold. Can't you offer a funding/withdraw for gold through an other gold exchange?

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    Lucius shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →

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