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Pros

Traders can exchange Bitcoin for physical gold, providing a unique investment opportunity.
All gold holdings are stored securely in Switzerland and are independently audited, ensuring transparency and trust.
No fiat currency is required, allowing for a more decentralized trading experience.

Cons

Traders must pay fees for trading, storage, and withdrawals, which can accumulate and impact profitability.
Only Bitcoin can be traded against gold, limiting trading options for those who prefer other cryptocurrencies.
The platform does not offer leveraged trading, which may deter more experienced traders seeking higher risk and reward scenarios.

Vaultoro broker Accounts

Vaultoro Account Type

Vaultoro offers a single account type for all users, which means that there is no account segregation based on features or privileges. All users have access to the same functionalities, allowing them to trade Bitcoin for physical gold and silver. The trading fees vary based on the volume of trades, with lower fees available for higher trading volumes. The standard trading fee for purchasing gold or silver is 0.5%, and it can decrease to as low as 0.2% for larger volumes. There are no minimum deposit requirements, making it accessible for all traders.

Vaultoro Broker Account Opening Process

Opening an account with Vaultoro is a straightforward process that can be completed in just a few minutes. Here are the steps to create your account:

  • Visit the Vaultoro Homepage: Go to the official Vaultoro website.
  • Click on "Create an Account": Locate the account creation option on the homepage.
  • Fill Out Required Details: Provide necessary information, including a valid email address and password for account verification.
  • Agree to Terms and Conditions: Confirm that you have read and agree to the terms and conditions of the platform.
  • Account Verification: After creating your account, you will need to verify it by uploading a copy of your drivers license or passport, along with a recent utility bill (not older than three months) to confirm your identity.
  • Once your account is verified, you can fund it with Bitcoin and start trading.

Vaultoro accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Vaultoro Account