Bitcoin has become unusable. Please find a viable solution as soon as possible.
I've just tried to submit a bit of 'play money' to Vaultoro via Shapeshift, only to realize that the ENTIRE SUM has been eaten up by fees. The Bitcoin network is clocked, the fees are enourmus, and there is no foreseeable improvement.
I won't name any altcoins, but please: you need to implement a viable crypto payment gateway as soon as possible.
I love the vision of your company, especially the aspect of improving lives of people in developing countries. With 30$ transaction fees this vision is no longer possible.
To choose an altocoin i'd suggest to look at https://blocktivity.info/
There is already a suggestion that is marked as “PLANNED” to implement segwit bitcoin addresses and transactions. This would drastically improve transaction times and drop fees down to the levels you are hoping for. I’d recommend you take your votes from this post and put them on that one. Maybe they will will implement it faster, as it is already accepted as a planned addition to the platform.
Vaultoro will not use other altcoins, nor should they. Shapeshift integration is sufficient. They just need to implement segwit addressing and transaction support.
Nicholas Heesch commented
BCH and Gold! My two favorite assets. Please make trading between the two a reality!
I would just add Bitcoin Cash. And dont add Privacy coins otherwhise there will be a lot of people selling their "hard earned" Monero for Gold.
please vote for your favorite alternative: http://blog.vaultoro.com/2018/04/16/what-coin-or-token-should-we-add-to-vaultoro-2-0/
Agree with what has been said already. I am interested in using this service but not with BTC in its current form.
yes, add litecoin or eth deposits please
Accept Bitcoin Cash, Dash and Litecoin. The code you guys have now could easily accommodate all three of these fast, low fee, transactional cryptos. The command line code is identical, I've implemented these on my own crypto platform.
Bossman ;) commented
100% agreed. BTC is unusable and there are multiple feasible option including currencies without any fees
Agreed 100%. Please update your software to accept BitCoin Cash, Litecoin, and Etherium ASAP. Also, it will be great to have you guys add the ability to buy silver for clients, as it's much easier to pick up $500 or $1000 of Ag coins from a vault than fractions of an ounce of gold. May you guys empower many people in 2018 and beyond in developing countries and elsewhere!