RATE Group | Vaultoro’s Bitcoin-to-Gold Exchange Implements Lightning Network …
25520
post-template-default,single,single-post,postid-25520,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Vaultoro’s Bitcoin-to-Gold Exchange Implements Lightning Network …

04 May Vaultoro’s Bitcoin-to-Gold Exchange Implements Lightning Network …

Posted at 18:40h in Bitcoin News by

[ad_1]

The world’s first crypto-to-physical-gold exchange, ​Vaultoro​ has announced that it is now the first bitcoin exchange with an implementation of the Lightning Network as an instant deposit method.

The company allows customers to trade gold with bitcoin directly, all the way down to 0.1 gram in quantity. Customers can hold the asset for seconds or years, with their ownership certificate securely stored on the blockchain. All gold holdings are physically stored by Pro Aurum in Switzerland and audited by BDO. The physical gold can be requested by customers or left in the vault, where it is also insured. Vaultoro is also working on a gold-backed debit card.

According to Vaultoro CEO Joshua Scigala, “Lightning makes bitcoin so fast that if you want to buy an order out of Vaultoro’s order book, you can hold the bitcoin in a wallet on your phone, set the order on Vaultoro, get a QR code and send the bitcoins through the Lightning Network, directly purchasing the order.”

Normally…

[ad_2]

Article Source

Tags:
, , , , ,