Vault of Satoshi

Previous Exchanges

Next Exchanges

Description

Vault of Satoshi is a digital currency exchange that currently handles trades in three different types: Bitcoin, Litecoin and Peercoin. Investors enter the price at which they would like to buy or sell their currency, and the platform-style exchange matches them up with other investors who agree to that price; should no match be made immediately, the trade criteria are stored until an appropriate buyer or seller comes along. Beyond that, Vault of Satoshi doesn't play an active mediation role in the trades made through their service. At this time, US bank integration is not available, since the business is located outside the United States; however, they do accept deposits and withdrawals from American investors that are made through wire transfer or by certified banker's checks. The top of their web page features a statistical bar that gives an at-a-glance look at the current market values and activity, and they also offer a community forum where users can ask questions or address topics directly related to cryptocurrency trading.

History

Vault of Satoshi (which was named after Satoshi Nakamoto, the pseudonym for the anonymous founder or founders of Bitcoin) was opened for trading in 2013 by CEO Michael Curry. Their headquarters are located in Brantford, Ontario, Canada (basically a far west suburb of Toronto).