Vauld Review
What Is Vauld ?
Incorporated in 2018, Vauld is a platform for crypto financing that promotes long-term investing by giving consumers SIP alternatives and greater interest rates on their crypto assets. More than 275 currencies are listed on the platform.
Services
Vauld was established in 2018 by Darshan Bathija and Sanju Kurian, and it initially catered to Bitcoin investors by providing a number of services.
The first moniker given to Valud was the Bank of Holders. Vauld Services provides products and alliances that offer a comprehensive banking system for digital and fiat currencies.
These partnerships also assist in tying together the disparate economies of various cryptocurrencies and the global economy, giving users of cryptocurrencies much more value.
It is designed to safely integrate with Bitcoin and Ethereum wallets, enabling rapid token switching, enterprise wallet APIs, and buying and selling using FIAT. Applications for Android and iOS make Vauld services accessible.
Vauld Crypto Lending
Up to a Loan-to-Value (LTV) of 66.7%, Vauld customers are able to encumber existing Bitcoin assets with a low-interest loan.
The LTV is the proportion of the loan’s value to the value of the collateral. For instance, since $2000 is 66.67% of $3000.00, a loan of $2000.00 will require security of about $3,000.00.
The value of the collateral to the value of the loan is measured by the collaterization ratio, which is another way to think about this.
Vauld provides loans with a 150% collateralization ratio. This indicates that at the time of disbursement, the collateral’s value must be 150 percent more than the loan’s value.
A $1000 loan, for instance, will be made possible by $1500 in collateral.
LTV is the inverse of the notion of the capitalization ratio.
Since $3000 is 150% of $2000 in the first example, the loan can be enabled because it has a 150% capitalization ratio.
The smallest loan available is $1000. Vauld offers loans when the collateralization ratio is beyond 150% and liquidates the collateral when it hits 110%.
Regarding cryptocurrency loans in Vauld, it’s important to keep in mind a few things :
Cryptocurrency loan requests are immediately handled and credited compared to platforms like WhaleFin crypto.
The loans can be repaid at any time and over the course of any number of installments.
Either the token used as collateral for the loan or the token representing its principal may be used to repay it.
The loan only needs to be repaid during the loan term; there are no fees or other costs associated with repayment.
Earning with Vauld
The Vauld App allows its users to use a unique referral code to earn on its platform. Users can refer their friends by using the Vauld App referral code and receive a 75% trading fee back on their trading capital. The Vauld Money application allows users to withdraw into their bank accounts. The Vauld platform is built by financial and web experts and is beginner-friendly in terms of crypto earnings.
Rates
The Vauld cryptocurrency marketplace offers competitive rates for traders and investors, this makes it possible for traders to remain liquid in the cryptocurrency marketplace.
Vauld Interest Rates
For savings and fixed deposits, Vauld offers interest rates.
For a wide variety of cryptocurrencies, interest rates change.
Below is a discussion of a few well-known cryptocurrencies and the Vauld interest rates that correspond to them:
Interest Rate for stablecoins on Vauld:
| Stable Coin | Savings APY(%) | Fixed Deposit APYs(%) |
| Tether(USDT) | 9.41 | 12.68 |
| USDC | 9.41 | 12.68 |
| BUSD | 9.41 | 12.68 |
| DAI | 9.41 | 12.68 |
| TUSD | 9.41 | 12.68 |
Interest Rates for altcoins on Vauld:
| Alt Coin | Savings APY(%) | Fixed Deposit APYs(%) |
| BTC | 4.60 | 6.70 |
| ETH | 4.60 | 6.70 |
| ADA | 3.56 | 4.07 |
| SOL | 4.08 | 4.07 |
Earn Rates
On its site, Vauld offers sufficient opportunities for users to make money. Users are able to earn interest on the most popular cryptocurrencies they currently have in their wallets.
Each user gets to earn for every new member that signs up using their referral code.
The features listed below are included with earnings on Vauld:
Weekly Payouts
All user tokens are subject to weekly interest payments that are calculated daily.
Withdrawals at Any Time
Users of Vauld are able to withdraw any amount at any time, even while receiving interest.
Staking Rates
Users of Vauld can choose to opt in to fixed staking to receive greater deposit and interest rates, and they can choose to opt out without incurring any penalties.
Compounded Interests
Every week or at the conclusion of a fixed deposit term, interest earned is paid out.
Vauld Crypto Wallet
Vauld offers open-source APIs that enable the rapid creation of cryptocurrency wallets.
Vauld makes it easier for users to support popular cryptocurrencies by offering a single API to build and maintain wallets for all popular coins, including BTC, TUSD, BUSD, USDP, DAI, BAT, XRP, and XLM.
Cryptocurrencies
The integration of additional tokens into the Vauld API is ongoing.
Each team member can have a single organizational wallet created for them, or they can each have an unlimited number of wallets.
The Vauld API offers multi-signature wallets, and the company is not in possession of any customer money.
Vauld Withdrawal Fees
Vauld allows users to withdraw their deposits or earnings through one of the following:
- RTGS: Real Time Gross Settlement
- IMPS: Immediate Payment Service
- UPI: Unified Payment Interface.
Users are eligible to withdraw a minimum of 1 INR and a maximum of any amount in the user’s account. Withdrawal fees are 0%, and the processing time is instant.
Mobile and App
Vauld makes use of sophisticated tools and a professional trading interface that is compatible with Android and iOS mobile devices.
Vauld Alternatives
Although using the Vauld cryptocurrency platform has many advantages, it also has drawbacks.
The following is a list of some of the most well-liked and suggested alternatives to the Vauld:
Youhodler, Nexo, Abra, BlockFi, WazirX, Finblox, Hodlnaut, Linen App, EQIFI, MyConstant, InLock, Cake Defі, Spectro Coin, Anchor USD, Point Pay, Coin Change, and Apricot.
Vauld vs Celsius
As an illustration, Celcius Network is one of many systems that function similarly to Vauld.
These two platforms have the following similarities and differences:
- Wallets from Celsius and Vauld are compatible with SaaS, phones, iPads, and Android devices.
- While Vauld is designed for individuals looking for a customer-tailored, blockchain-supported banking solution, Celsius is designed for people who wish to keep cryptocurrencies or lend money to friends, accrue interest, etc.
- While Vauld’s customer assistance is always available and available around-the-clock, Celsius Network’s is only operational during regular business hours.
- In 2017, Celsius Network was established in the UK, and in 2018, Vauld was established in Singapore.
Is Vauld Legit?
Vauld is accepted across over 260 countries and has headquarters in Singapore. It also has headquarters in India, where most of its workers come from.
Contact and Support
Vauld’s customer assistance is available around-the-clock. Users are provided with a 24/7 live chat.
Conclusion
In conclusion, here are some highlights of the unique features of Vauld’s cryptocurrency services.
Weekly Payments:
- Weekly payments are made for interest that is calculated daily on a user’s funds.
- Every coin and token type is compatible with this method of payment.
- Users have the option to withdraw their money at any time while interest is still being generated.
- The user can access their invested tokens or coins at any moment by logging into their accounts, while platforms like Finblox allow withdrawal requests before the withdrawal is accepted.
The Availability of Fixed-term Deposits:
Customers can take advantage of fixed deposits to earn high interest rates. There are no consequences if users choose to opt out at any moment.
Compounded Interest:
Users can configure their deposits to compound or accumulate over a predetermined length of time to receive compounded interest.
Users can set their preferences to a weekly, monthly, or yearly basis.
Option to Borrow Against Your Tokens:
The Vauld platform enables users to borrow money at cheap interest rates against their Bitcoin holdings.
These fundamental characteristics of the loan feature are typically present:
– Users of Vauld may borrow up to a Loan-to-Value (LTV) ratio of 66.67%.
Instant Loan Approval:
Loans are immediately approved by Vauld, and consumers can receive their tokens immediately into a working cryptocurrency wallet or another third-party wallet, while platforms like BTSE require loan requests before approval.
Zero Hidden Fees:
Vauld includes provisions for very high loan transparency. Users are only required to pay the whole interest due during the course of the loan; no additional fees or levies are permitted.
Payback at Any Time:
Users of Vauld have the option of repaying their loans over the course of any number of payments.
Cryptocurrency Trading:
Up to 275 coins and tokens are supported by the Vauld cryptocurrency exchange. In the Bitcoin industry, it has one of the largest order books.
With competitive maker and taker costs of 0.12% each, the market has over $50M in liquidity.
While trading, Vauld users can also earn interest on their tokens. Users may simply manage a strong trading portfolio in the Vauld cryptocurrency trading environment thanks to its interoperability with Android and iOS.
The Presence of an Active Community:
Vauld has established provisions for users to take part in offline and online groups where they may contribute ideas and feedback.
Typically, topics like new tokens and global adoption of cryptocurrencies are covered.
Additionally, there is a vibrant developer community where developers can access different technologies and APIs for creative purposes.
Efficient Liquidity Management:
Users, lenders, borrowers, and exchanges can all efficiently transfer funds among themselves through the Vauld cryptocurrency marketplace.
The sequence is explained as follows:
A user’s Vauld wallet is where they hold their money before sending it to a centralized pool. Some of the money in the centralized pool is set aside for lending.
Vauld lends debtors this sum of money from its resources. Borrowers are given risk-free loans. The over-collateralization can be repaid in 30 days on average and can reach 150%.
To simplify trades in the exchange’s order books, funds that have been designated for trading on Vauld are kept with Binance.
Table of Contents
 | Rudolph Taylor is Editor-in-Chief at Coinlive.io which is located at Wymondham in Norfolk, United Kingdom. His main job is writing about cryptography to keep his readers updated on current trends and industry news in detail. Rudolph has been able to achieve this in the past few years by providing well-structured write-ups. |
Frequently Asked Questions
Vauld employs a variety of security techniques to guarantee the security of a user's valuables. Multi-factor authentication, made possible by Google Authenticator, is the first technique. Users of Vauld can only withdraw money to addresses they have already designated as secure by using the address-safe listing feature. Because user payments are kept in cold wallets, which are secured offline, the likelihood of a cyberattack is greatly diminished. To avoid bankruptcies brought on by defaulters, loans on Vauld are also excessively collateralized. Users continue to own their digital assets, which is a very uncommon occurrence in the crypto lending industry.
Vauld has a number of safeguards in place to protect both the business and the users. BitGo, a market leader in digital asset protection, has insurance for the organization as a whole. The company's and users' funds are insured for up to $100 million, which protects against events like outside hacking, loss, copying or theft of secret keys, insider theft, and dishonest conduct by Vauld's executives or employees. Many respected platforms use BitGo to provide users with peace of mind and to secure their valuables. Vauld as a business also declared its intention to establish its own specialized insurance fund. Users will be protected against dangers with a significant portion of the fund.
More than 160 nations, including the United States, offer Vauld to users. Users must fulfill the following conditions in order to utilize Vauld, whether they are in the US or not : 1) The user must be at least 18 years old. 2) A genuine email address must be provided by the intended user. 3) The user must finish the KYC registration procedure. 4) All users must complete personal information forms and upload identification documents as part of the Vauld KYC registration procedure for US users. 5) Users must complete this stage in order to buy, sell, or trade on the Vauld marketplace. 6) Vauld gives registered users 30 minutes for approval. 7) For the purpose of confirming a user's identification, personal information such as their name, email address, phone number, and proof of address with a government-issued ID such as a passport or voter's ID is used.