Sick of trading fees?
maker orders are free for crypto to crypto!
Fees on Vaultoro are easy to understand.
TRADING COMMISIONS AND FEES
Crypto / Crypto trading PAIRS
GOLD / Crypto trading PAIRS
Deposit / Withdrawal fees
What is a Market Maker?
If you go to a marketplace with a cart full of bananas and put a price on the bananas then you are market making bananas. This is the same on exchanges, if you come to Vaultoro with some Bitcoin and put them up for sale for gold then you are a market trading maker.
Technically speaking, a Market Maker is a user who places a “limit order” in the order book that is waiting to be executed. He acts as a liquidity provider:
“I place buy and sell orders in the order book to offer other people good deals at stable prices.”
At Vaultoro we pay market makers to promote people filling up the orderbook and creating a more liquid market.
What is a Market Taker?
If you go to the market, walk up to the guy selling bananas and buy some then you are a Market Taker. On exchanges like Vaultoro, if you come and buy someones order in the order-book then you are a Market Taker:
“I buy at current price by placing an order because I don’t want to wait for its execution.”
Once two parties have agreed on the same price and amount the order will be immediately executed, removing liquidity from the market trading. On Vaultoro you pay a very small fee if you take from the market and part of that fee gets paid to the people placing orders into the order-book (market making).
Can I get My Gold Physically delivered and how much does it cost?
Please keep in mind that Vaultoro was primarily set up as a way for people to easily buy, trade and sell allocated gold bullion secured as your legal property in your name within a professional vaulting facility.
We naturally offer physical delivery because it is your gold and you should be able to do what you want with it, but you might prefer to sell your vaulted gold on the Vaultoro market, withdraw the funds as Bitcoin and buy physical gold that you can hold in your hands from a local gold retailer.