Subscribe to Our Newsletter
Tuesday May 24, 2022
Bitcoin (BTC) $29,253.00   Ether (ETH) $1,964.99
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Crypto Exchanges

Crypto/gold exchange Vaultoro implements Bitcoin Lightning Network

Published by CryptoNinjas.net
05/04/2018
Crypto/gold exchange Vaultoro implements Bitcoin Lightning Network

Crypto/physical gold exchange Vaultoro announced today that it is the first bitcoin exchange in the world to have developed and released an implementation of the Bitcoin Lightning Network as an instant deposit method.

Vaultoro was the first exchange to offer a bitcoin/physical allocated gold trading pair more than 3 years ago so users would never have to go back to fiat for hedging volatility. Vaultoro prides themselves on transparency through developing their glass books protocol so anyone could independently prove that Vaultoro was always above full reserve, making them the most transparent exchange in the world while keeping clients fully private.

Joshua & Philip Scigala, Vaultoro Founders

[perfectpullquote align=”full” bordertop=”false” cite=”Vaultoro CEO, Joshua Scigala” link=”” color=”” class=”” size=””]“This first implementation will allow Vaultoro’s users to send bitcoin instantly, cheaply and privately. Our next goal is to enable people to take orders from the order book directly from their controlled wallet. Vaultoro traders will be able to deposit funds in milliseconds without having to trust our exchange hot wallet if set to instant order. Our goal at Vaultoro has always been to make the exchange radically transparent and now with Lighting Network, market takers will have no need to trust our hot wallet.”  [/perfectpullquote]

Vaultoro supported the Bitcoin user activated soft fork effort in May 2017 to help unlock the upgrade stalemate that had locked the community into regular disputes.

Scigala added, “I believe bitcoin will eventually need to up the block size a little, however, we definitely also needed segregated witness which opens a world of opportunities to the Bitcoin protocol including massive scalability, instant payments, almost free transactions, massive privacy boost, smart contracts and more.”

To try it out by following the steps below:

1. Download the Eclair Lightning Wallet on Android.
2. Send some bitcoin to it and open up a channel by putting some bitcoin into the network with any other connected node using auto-connect.
3. Once you have a payment channel loaded, log into your Vaultoro account, Click deposit and select Lighting Payment.
4. Enter an amount you would like to send and Vaultoro’s system generates a QR code.
5. Scan with eclair and boom! Instant, free payment and ready to trade.

71
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Ether (ETH) with physical gold and silver can now be traded on Vaultoro

02/04/2021
Ether (ETH) with physical gold and silver can now be traded on Vaultoro

Vaultoro, the cryptocurrency-based commodities exchange, has announced that users can now trade Ethereum with physical allocated gold and silver. Vaultoro supports an ETH wallet to deposit ether for trade with precious metals. Every verified...

Read more

Crypto/gold exchange Vaultoro adding OTC desk, silver, LTC, ETH

01/10/2020
Crypto/gold exchange Vaultoro adding OTC desk, silver, LTC, ETH

Vaultoro, the first real-time bitcoin/gold exchange, has freshly published a Q1 2020 company roadmap. And the new year will bring many enhancements to the crypto commodities exchange. After a busy 2019 in which Vaultoro...

Read more

Vaultoro revamps interface, releasing Lightning-based tokenized gold

10/01/2019
Vaultoro revamps interface, releasing Lightning-based tokenized gold

Vaultoro, the market’s first gold crypto-hedging solution since 2015, released today a revamped version of its commodities exchange based on a new C++ modular engine optimized for high-frequency trading, clocking up to 1.2 million...

Read more

Gold/bitcoin exchange Vaultoro launching new membership token, VAULT

08/15/2019
Vaultoro vault

Vaultoro, the gold/bitcoin-based exchange, today announced the beginning of a pre-launch for its new membership token, VAULT. From today August 15th to September 4th, VAULT will be exclusively available for members of its referral...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

05/19/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Oracle network for Algorand blockchain Algoracle closed $1․5M seed round

Decentralized oracle network for Algorand blockchain Algoracle closes $1․5M seed round

05/18/2022
Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

05/24/2022
Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR

Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR

05/23/2022
TRON network integrated with blockchain infrastructure provider Ankr

TRON network integrated with blockchain infrastructure provider Ankr

05/23/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version