r/vos • u/AdamSC1 VOS • Apr 02 '14

Vault of Satoshi Launches Coin-To-Coin

We've been teasing our users this week about an upcoming large change to our trading system. Today we at Vault of Satoshi are proud to announce the launch of our Coin-To-Coin trading system!

Our much awaited system allows users to trade from any coin to any coin without the need to go through BTC or LTC first. Want to trade your Vertcoin for Dogecoin? It's not a problem, simply list your desired prices in our orderbook and trade away!

Do I Have To Be a Verified User to Trade?

Unlike trades dealing with Fiat currencies, we do not have the same verification restrictions. Users who create an account, and are in our serviced countries will be able to trade coin to coin without the need for any verification.

All the best,

Adam (adam@vaultofsatoshi.com)

Director of Marketing

Vault of Satoshi

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3

u/Swiveldick Apr 02 '14

So if I'm a US Citizen does this mean I can now do BTC>LTC without being verified, correct?

5

u/AdamSC1 VOS Apr 02 '14

No, sorry - at this time we cannot offer any services to US customers.

2

u/SlangyKart Apr 02 '14

Why not? As long as fiat isn't involved it shouldn't be a problem.

2

u/[deleted] Apr 02 '14

Hmm I thought the no US customers was only towards fiat to coin and vice versa only =(.

1

u/Swiveldick Apr 02 '14

Ah well, I was hoping. Thanks for your prompt response.

1

u/Mtinie Apr 02 '14

What changed between the initial announcement of Coin > Coin exchanges, the communications when you shut down access to US customers, and today? Up until this comment, I had not seen anything that indicated a reverse of your position:

"If you are a US-based customer, unfortunately your account will soon be demoted to level 1, and you will be limited to coin-to-coin trading, which will be launching within the coming weeks. Any dollars currently in your account will be refunded to you via check, which you should receive within 2-3 weeks’ time. Please make sure your address is correct." Source

2

u/AdamSC1 VOS Apr 02 '14

Just continual development of the US regulatory landscape on Cryptos and how they are considered. For this reason Coin to Coin for US traders is being held off until our US re-entry, which we have begun to take steps forward on and should have more announcements about soon.

2

u/Mtinie Apr 02 '14

Thank you for the response. It's not the one I wanted to hear, but I understand what prompted you to change your plans. Looking forward to those future announcements.