Is The VAULD App A Good Way To Invest In Cryptocurrencies?

As I looked at the price of Bitcoin, it had finally started to climb. The day before Bitcoin was worth $42000 per Bitcoin, but now they were saying that Bitcoin was up at $65000 per Bitcoin. All the experts said that this is just a temporary spike and something would soon happen to bring down their price again so I figured if I wanted my money to grow quickly with cryptocurrency trading then today would be my last chance.

I pulled out my phone and opened up Vauld as there was a notification from them on the app about how much more secure their system is than other apps. So many people have been trying to take advantage of investors by scamming them through these apps and even stealing their information or through their computers.

Vauld was different though because they were the only Cryptocurrency trading app that allows you to invest in Cryptocurrencies but also Crypto coins that are stored offline in vaults which makes them extremely secure and very difficult for hackers to obtain. But I didn't know much about Crypto coins so I decided to do some research on them before putting my money there.

Vauld is a Singapore-based cryptocurrency platform. It combines the purchase, lending, borrowing, and trading of crypto assets into a single location, with Coinbase Ventures, Pantera Capital, and other prominent industry names behind it. Cryptocurrency exchanges, such as Vauld, allow you to loan and borrow cryptocurrencies. Lending these for a set length of time can lead to returns of up to 6.7 percent per year on Bitcoin and Ethereum. Vauld implies that it can help you create wealth automatically with cryptocurrencies, and I believe it is living up to its slogan.

You buy cryptocurrencies intending to see with the objective of seeing them appreciate in value and then sell them for a profit, much as you would any other investment. However, some cryptocurrency exchanges also enable you to lend money. Vauld is one such cryptocurrency exchange.

Is Vauld A Crypto Exchange?

In the country, cryptocurrency exchanges are expanding their services to include other choices such as lending, fixed deposits, and SIPs. Exchanges like ZebPay, CoinDCX, Bitbns, and Vauld provide users with the opportunity to borrow Bitcoin. Cryptocurrency exchanges are financial institutions where buyers and sellers trade cryptocurrencies for fiat currencies or other Crypto coins. Cryptocurrencies are highly volatile in nature, which means they are subject to extensive fluctuations in price. Cryptocurrency trading is risky, but it can generate significant profits if successful. Vauld Cryptocurrency Exchange offerers a wide range of services such as Trading Crypto coins Online Cryptographic Ledger, Security Storing, Digital Assets Cryptography, Digital Currency Wallet, Cyber Currency, Virtual Currency, etc.

Given the volatility of cryptocurrencies, cryptocurrency investors need some way to manage their risk. One option available to them is to lend Cryptocurrencies and earn profits through the interest that they command. Cryptocurrency exchanges provide this service, and Vauld is one such Cryptocurrency exchange.

The VAULD app is a highly secure virtual asset trading platform that offers investors access to Fiat currency against their cryptocurrency assets under Digital Banking mode without security concerns of loss of money or data at all times. Through the VAULD app, users can make payments for various services including real-time cash deposits/withdrawals, Cryptocurrency trading, Cryptocurrency portfolio management.

What Makes VOULD App Different From All Other Cryptocurrency Apps?

Vauld, a cryptocurrency-enabled technology platform developed by Vauld, classifies cryptocurrencies as a distinct asset class and provides services to ensure that blockchain-based technologies are feasible today. This would obviate the need for government acceptance and worldwide adoption of cryptocurrencies to n order to disrupt the banking industry. The majority of people who use cryptocurrencies do not understand the fundamentals of banking and, as a result, may find themselves stranded without access to their funds. VOULD is an app that offers these services such as the ability to keep money in a secure location, and it's something that every crypto user should be aware of. Cryptocurrencies excel at this since - greater trust in ledgers than banks. Customers may use a credit card backed by their crypto assets to spend money in the location of their choosing, rather than putting it on an expensive debit or bank account. A quick and simple method to spend their cash instead of keeping it on a costly debit or bank account.

VOULD app users will be able to earn interest or borrow money whenever they like, without having to sell their cryptocurrency holdings. Traditional crypto exchanges take your money and allow you to buy or sell cryptocurrencies. Similar to cash kept in a locker rather than a savings account, your unused funds and cryptocurrencies remain idle in the exchange. Vauld pays the interest to the lending sector, which is subsequently shared with fixed deposit investors. Vauld has established a single pool of money for all crypto assets, which are kept in fixed deposits. This pool is utilized to lend out cryptocurrencies to institutional borrowers and Vauld consumers who wish to trade with greater liquidity.

How Does Crypto Lending Works In VOULD?

This income stream is aimed at holders (long-term cryptocurrency investors) since it allows them to earn passive revenue outside of any price increases in cryptocurrencies.

Vauld lets you loan bitcoin and Ethereum for 30 to 90 days. You may earn up to 6.7 percent yearly on Bitcoin and Ethereum, up to 12.68 percent DAI and Tether, and up to 13.31 percent on the BTC/TETH exchange rate over the next year. It enables you to lend in 30 different types of cryptocurrencies and profit from their interest rates. To profit from interest on loans, you must move the cryptocurrency to an exchange wallet. You cannot link external wallets such as MetaMask and Trust to the exchanges. When the trade matures, your trading wallet will have returns plus the original amount.

For example, if you lend Bitcoin for three months via VOULD, your wallet will be credited with bitcoin cryptocurrency plus the original amount at the end of the loan term. You have the option to withdraw your crypto whenever you choose it matures. There are no costs or penalties for opting out early on Vauld.

Final Thoughts! Is It Really A Good App To Deal In Crypto?

Investors get an opportunity to earn passive returns. By expanding the investments, automates the appreciation process and allows previous crypto holdings to act as proxies for future gains. These profits are in addition to those earned from a rise in cryptocurrency valuations. VOULD app is so simple to use and straightforward to understand, with all of the features easily accessible from the dashboard.

It appears to be an advancement of the shadow banking system, according to this new function. Long-term crypto investors may benefit from it. Binance is the exchange's technology partner. You have a strong platform with lots of features, such as buy/sell trading, money deposits and withdrawals, and FD creation.

It's a fantastic method to safeguard your money from theft by third parties. Every trading wallet address of each participant is matched, ensuring that money is disbursed only once through the delivery process. Cryptocurrencies should be kept in an external wallet rather than an exchange account or Vauld wallet for this purpose.

Vauld uses Google Authenticator in conjunction with Multi-Factor Authentication (MFA). You'll need to remember a constantly changing passcode for login and other critical activities such as fund withdrawals on the platform. You cannot link MEW and Metamask wallets to the exchanges. Cryptocurrencies must first be moved out of these accounts before you can lend them on the VOULD platform.