Vauld Review

Vauld Review

Robert McDougall 

June 21, 2022

Cryptocurrency

What is Vauld?

Developed with the needs of crypto users in mind, Vauld is a cryptocurrency exchange that adheres to the latest Web 3.0 industry standards. Vauld was established to provide users financial freedom away from the restrictions of banks and governments. With Vauld, you can easily convert your fiat assets into cryptocurrencies and buy, sell, trade, or even invest in crypto assets, getting better returns than you would from traditional savings accounts.

In its initial years, Vauld focused more on the borrowing and lending aspects of cryptocurrencies. But with time, they expanded their services and now offer pretty much everything a crypto enthusiast would want. Vauld also provides a professional and advanced trading interface for customers who don’t want to compromise on their experience at any cost. With the quick buying, selling, and exchanging features, you can get your hands on any crypto or fiat asset in no time. It’s also relatively simple to get started with Vauld, as the exchange allows its users to sign up through social accounts or by entering their email address and password.

  • Web Address: www.vauld.com
  • Main Location: Singapore
  • Cryptocurrencies: BTC, ETH, USDT, USDC and 270+ more
  • Fiat Currencies: INR only (More coming soon)
  • Mobile App: Yes
  • Deposit Methods: Cryptocurrency, UPI, RTGS, IMPS, and NEFT
  • Deposit Fees: Free
  • Trading Fees: 0.1% - 0.12%
  • Withdrawal Fees: INR: free; Crypto: varies

My Overall Thoughts on Vauld

Vauld is a crypto platform that is built and designed for all types of crypto customers. Whether you’re an advanced user with a professional trading interface in mind or a middle-of-the-road user who shies away from complicated terms and features, Vauld will be able to serve you. Advanced users, in particular, will appreciate Vauld’s Pro Trading section, which offers additional tools, customizability, tweaking options, precision, and efficiency to create a better trading experience.

You can, however, keep everything simple with Vauld’s quick buying and selling options. You can also swap your assets, start investing your already-owned crypto, or take out crypto-backed loans with low interest rates. But in my opinion, the following are the most beneficial and revolutionary of Vauld’s offerings:

1) 270+ assets to buy, sell, and trade:  One of the best things about Vauld is that the platform has over 270 cryptocurrencies listed. This means that you get enormous variety when it comes to buying, selling, or trading assets. You can invest your money in popular assets or try out new options with great potential. Buying and selling at Vauld are almost instant and hassle-free; the whole trading experience is on another level due to the platform’s advanced features and options.

2) Up to 40% APY on assets:  Investors on Vauld can earn up to 40% APY on crypto assets. The platform even provides the opportunity to earn over 12% on stablecoins, which technically come with no risk. You can easily grow your cryptocurrency portfolio with Vauld’s investment options—just choose an asset to start earning right away. Weekly payouts and anytime withdrawals make the experience even better and easier for users.

3)Low-interest loans Vauld offers low-interest crypto-backed loans to their users. Borrowers have to provide collateral to the platform, and after consideration of the LTV, they are provided with the loan. Vauld charges no hidden fee and allows borrowers to pay the amount back anytime they want.

All these benefits notwithstanding, Vauld needs a bit of work on its educational content and support for fiat currencies.

Key Features and Advantages of Vauld

Vauld has the potential to be a one-stop platform for any crypto user due to the fact that they support pretty much every activity related to cryptocurrencies. Whether you want to trade crypto assets on Vauld or you simply want to buy, sell, or swap assets, you can do it all in one place. With its lending and borrowing features, Vauld has reshaped the financial industry, as users can now take out loans within seconds or start lending their assets to other users to earn interest.

Vauld’s automatic investment plan also helps users reduce the impact of market volatility and remain on the safe side for the longer term. The beginner-friendliness, premium customer support, Pro Trading interface, and great variety of supported crypto tokens are just a few reasons why Vauld is an excellent choice for the majority of crypto users. For even more of their services, you can take a look at the list of their features below:

Negatives and Disadvantages of Vauld

As with any crypto platform, Vauld isn’t perfect. There are a few negative things to consider before joining the platform, such as:

What Services Does Vauld Offer?

Rather than focusing on a specific crypto community, Vauld targets almost every crypto user and provides them with the features that are actually beneficial for them. Vauld’s lending and borrowing feature alone offers users excellent value, as they can get loans nearly instantly or start earning with their idle assets right away. Not only that, but Vauld also provides the option of an automatic investment plan that reduces market volatility and allows users to play it safe.

If you’re not interested in the borrowing or investing features, you can simply buy and hold your assets, swap them, or trade them professionally with the advanced features integrated into Vauld’s interface. To understand more of what Vauld offers, head below.

Instantly buy and sell crypto assets:  Users on Vauld can instantly purchase a variety of cryptocurrencies through the payment methods available. Vauld also allows its users to sell their crypto assets for fiat currencies and withdraw them at their discretion.

The whole process of buying and selling crypto assets on Vauld is quite efficient. With Vauld’s fast processing time, it usually only takes a minute to get your hands on the crypto asset you want. In the case of payment verification, users might face a slight delay in confirming their transactions.

Quick purchases and sales save users from the hassle of long waiting periods; with Vauld, the whole process can be completed with a few clicks.

Over 270 crypto assets are available on the platform:  Vauld has an impressive variety of cryptocurrencies available on the platform that users can purchase, sell, or trade right away, including BTC, ETH, USDT, USDC, BNB, ADA, XRP, SHIB, LTC, and more. Some assets are not available for direct purchases, but traders can trade the whole inventory without any restrictions.

Vauld’s variety of offerings allows traders and investors to diversify their portfolios and reduce volatility. Investing in a single asset or only a few assets increases the risk of losing money in the short term, whereas investing in more assets increases the chances of better growth over time.

Swap your assets quickly:  The instant swap option at Vauld allows users to exchange their currently owned crypto assets with any other crypto asset. This saves users from the trouble of selling crypto, getting fiat currency, and then buying a different crypto asset. Thanks to Vauld’s instant processing, it takes only a few seconds, and you don’t have to worry about any complicated trading features. The swapping fee is also very low, making the experience even better for users.

Pro Trading interface with advanced tools:  Vauld offers an advanced and professional trading interface with integrated professional tools to match. The Pro Trading interface prioritizes precision, efficiency, and live data so that professional traders won’t have to compromise on quality.

Vauld’s Pro Trading interface includes detailed charts of every pair available on the platform. Users can also customize them and tweak them with their settings. There’s also an option to integrate indicators in case you want to keep tabs on market movement. Traders can enter full-screen mode to better focus on and evaluate the data. Vauld also provides an order book, order history, and a separate panel for executing orders for an even more professional yet streamlined experience.

While they’re not a guarantee, these trading tools certainly help your chances of succeeding in the industry.

Efficient Android and iOS mobile apps:  Vauld has its own mobile applications that users can download on their Android or iOS devices. The apps are designed to provide all the platform’s features to mobile users who want to have a portable and easy experience.

Vauld’s apps come with pretty much everything you would find in their web portal. You can trade, buy, sell, or swap your crypto assets on the go and access your portfolio whenever you want and wherever you are.

Earn up to 40% APY on assets:  Vauld’s investing feature allows users to earn crypto interest up to 40% APY, depending on the chosen asset (of which Vauld offers a great variety).

Vauld offers weekly payouts to their investors and does not lock their funds, granting customers full control. Users can also withdraw their earnings anytime they want without any penalties or waiting periods. Vauld also offers over 12% APY on stable assets, so users who want to remain on the safe side could also invest and benefit from their investment plans.

At its higher end, the rate of return at Vauld is considerably higher than at other industry-popular crypto exchanges that keep their APY below 15%, even on the newest coins. Users can grow their portfolio much faster with Vauld by letting their assets work and earn for them.

Take out quick and easy loans with collateral:  Users can opt for low-interest loans on Vauld against their own crypto assets. This means that users can provide their crypto collateral to the exchange, and in return, Vauld offers them low-interest loans.

Vauld works with an LTV of 66.7%, which is considered quite good, keeping in mind that they offer lower interest rates than other borrowing exchanges. Vauld approves the loan requests almost instantly if users fulfill the collateral requirements. There is no hidden fee, either, and the borrowers can return their loans anytime they want.

Instead of selling your crypto assets for fiat assets to cover your needs, Vauld offers a hassle-free borrowing experience. You’ll also be able to save yourself from providing countless documents and verifications just to get a loan.

Reduce volatility with Automatic Investment Plan:  Automatic Investment Plan (AIP), is a great feature that allows investors to reduce the impact of volatility on their portfolios. AIP simply splits users’ investments into several potentially better assets at the right intervals to get the best possible returns.

Users can also create their own AIP baskets consisting of different assets that they think are the right ones and AIP will implement the splitting technique and get you the best prices. You won’t have to worry about buying cryptocurrencies at the wrong time, as the AIP will make the best use of the intervals. This will allow you to sit back and relax and watch your crypto portfolio grow while Vauld AIP does its job.

Beginner-friendly platform with a quick sign-up option:  It’s really easy to get started on Vauld. Users can sign up instantly with their Google or other social accounts, or they can enter their email address and password manually to get started. The exchange also comes with a beginner-friendly layout and interface, making it a suitable choice for amateurs.

You don’t have to be a professional to use Vauld, as almost all the features available on the platform are easy to use and understand—you’ll need just a little understanding of Web 3.0. Yes, you might face some hurdles using the Pro Trading interface, but you can simply utilize the swapping, buying, and selling options there to avoid complication.

Live chat customer support system:  Vauld has a live chat customer support system to answer its users’ queries quickly and efficiently. There’s a chat pop-up button at the lower right corner of the platform that users can click on and access the chat. First, they’re connected with the AI bot to see if that will solve their problems; if not, their chat is transferred to a live agent for further processing.

The live chat system saves a lot of hassle for users, as they can avoid writing long emails explaining their issue and then waiting several hours just to get a suitable reply. They can simply have a short conversation with the support team and find out the solution to their problem.

Support agents at Vauld are available most of the time, and they are connected instantly with the users in need.

Earn money through referrals:  Users can also earn money through referrals on Vauld. All they have to do is share their special referral link with their friends. Whenever they trade, invest, or take out loans, you are paid a percentage.

Users can earn 40% of the trading fee paid by their referrals and 5% each on interest paid on their assets and interest accrued on their loans.

Earning through referrals is a great way to create a strong income stream. Whenever your referral performs a financial activity on the platform, you get paid without doing anything.

Things I Don't Like About Vauld

Vauld is currently one of the best choices for crypto users, but as with any platform, there are a few things that could use some improvement:

Lack of educational material:  Vauld does have a blog and FAQs section available for users where they usually post about the latest news in the crypto industry. But there is no resources section where users can go to learn everything about the platform and key information about the crypto industry. Vauld has not provided any kind of guides, videos, or tutorials that would help users get a proper grip on the different features and options available on their platform. This might hold users back from exploring everything available and using the tools and services to their full potential.

Currently only supports one fiat currency - INR:  Vauld currently only supports fiat deposits and withdrawals in INR (Indian Rupee), which can be a significant issue for users from all over the world. You cannot use payment methods associated with fiat currencies other than INR. You will have to directly deposit crypto assets into your Vauld account in order to start using their services.

Vauld Fees

Vauld Deposit Fee

All types of deposits at Vauld are free of cost, including crypto deposits and INR deposits. In the case of INR deposits, your bank might charge a processing fee, but Vauld does not charge anything. Just keep the minimum and maximum deposit amounts in mind when depositing funds and you will be good to go.

Vauld Trading Fee

The Vauld trading fee is fixed but varies depending on the pair you’re trading. The trading fee at Vauld varies between 0.1% to 0.12% for both takers and makers. You will simply have to choose a pair and see what the applicable fees are.

Vauld Fiat Withdrawal Fee

The INR fiat withdrawals at Vauld are absolutely free too. Customers can use any of the withdrawal methods available, and the platform won’t charge anything for processing the transaction. Just make sure to keep the minimum withdrawal limit in mind before withdrawing your funds. There is no maximum INR withdrawal limit imposed by Vauld.

Vauld Crypto Withdrawal Fee

The crypto withdrawal fee at Vauld differs depending on the market conditions. In short, the withdrawal fee at Vauld is not constant or fixed and might change depending on the time you are withdrawing the funds, the network you are using, and the amount you are withdrawing.

Pros and Cons of Vauld

Pros
  • Buy and sell crypto assets instantly
  • 270+ crypto assets available
  • Professional and advanced trading
  • Earn up to 40% APY on assets
  • Crypto-backed loans
Cons
  • Only one fiat currency supported (INR)
  • Lack of educational material

The Verdict

Vauld can be considered one of the best crypto exchanges due to the sole fact that they bring everything to one table. They haven’t compromised on any of their features, and they try to meet the demands of the ever-changing crypto industry. Their investment section, which allows users to earn massive returns, is proof of their dominance. Vauld users can even borrow money against their collateral without losing their crypto portfolio.

The advanced trading interface, the responsive layout, the precise data, and the easy customizability are a few of the other excellent features that make Vauld a great choice for crypto geeks. You can sign up on the platform within seconds, verify your identity, and start using their services right away. If you are looking at other crypto savings accounts, you can have a read of our article here.

Frequently Asked Questions

Is Vauld available in the US?

Vauld is a Singapore-based crypto exchange that is available throughout the world. They also allow users from the US to join the platform and use their services. However, keep in mind that currently, Vauld does not accept USD deposits or withdrawals.

Can you earn crypto interest with Vauld?

Vauld allows their users to invest their crypto assets with them and earn impressive yearly returns. Users can earn up to 40% APY, which varies depending on the selected asset.

Is Vauld a secure crypto platform?

Vauld is a safe, secure, and trusted cryptocurrency exchange that has been featured by countless media companies. Vauld also provides great account security features and implementations to protect the funds and data of their users.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us.

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