Now you can price Bitcoin, Ether, Dash and many other cryptocurrencies in physical gold! You never have to go back to fiat currency again!
By pricing cryptocurrencies against a hard asset like gold, people can move further away from centrally controlled currencies. Cryptocurrencies, and blockchain assets in general, now have another price discovery mechanism.
Crypto Compare has deeply integrated the Vaultoro gold market API into their platform, and it’s amazing! vaultoro.com does not create the price; the marketplace organically finds it. This gives people a fair assessment of the value of these asset classes (Physical and Virtual money)
On CryptoCompare.com you can
- Check the price history of how many grams of gold one bitcoin or one Dash will give you on Vaultoro.
- Check your whole crypto portfolio against gold.
- Easily create and embed an interactive widget showing any cryptocurrency against the vaultoro gold market price on your website.
One thing to note is that on Vaultoro gold is the product and bitcoin the money. This means we show you how many bitcoin it costs to buy 1 gram of gold. On Crypto Compare their system works differently, so they had to flip it. They show how many grams of gold you get for one bitcoin.
Both are fine, but it’s important to be aware of this.
Ok, so how does it work?
Here you can see that 1BTC will buy you 13.82 grams of gold.
Now let’s have a look at the Portfolio page, so you can keep an eye on all your crypto portfolio and price it in gold!
By doing this, you gain a better perspective of real value.
Simply enter all your Crypto assets and how much you paid for them at the time of purchase.
Once entered, click on the currency box above the list of coins and change it to GOLD. Hey-presto, you can now see your entire portfolio in physical gold.
If you go to the bottom of the page, you will see a widget link in the footer. Here you can create amazing widgets for your website so any of your visitors can check the price of bitcoin in Gold!