Vauld

Background Information About Vauld

Founded in 2018, Vauld is a crypto platform that helps you manage your cryptocurrencies and allow you to lend, borrow, and trade crypto assets. Headquartered in Singapore, Vauld was co-founded by Darshan Bathija and Sanju Sony Kurian.

The company aims to provide you with a customer-centric solution and leverages blockchain technology to do so. With Vauld, you can instantly swap between supported cryptocurrencies and fiat currencies (government-issued currencies). Additionally, they help you grow your capital by earning interest. 

How can you Earn Interest at Vauld?

At Vauld, you can earn interest on your Bitcoin and other cryptocurrencies as soon as you deposit your funds. You will be amazed to know that the interest at Vauld is calculated daily, and it also offers weekly payouts to its users. Moreover, you can withdraw any amount at any time while you earn interest.

You can also opt-in for fixed deposits and earn higher interest rates with Vauld. You can choose any of the lock-in periods that Vauld offers.

Depending on the duration you want to lock in your funds, you can either go with the one, three, or six months. Also, Vauld does not charge any penalty fees for opting out of the fixed deposits. Plus, if you are opting out, you will receive fixed base interest rates for the duration in which you had deposited.

To earn interest, the funds must be present in the Vauld wallet. The interest is compounded every week or at the end of the term. 

What is the Enterprise API feature of Vauld?

The Enterprise API feature of Vauld helps you to create a cryptocurrency wallet in just 10 minutes. With this feature, you can create one central wallet for the entire organization or unlimited wallets for each user. 

Vauld supports multiple tokens. It includes BTC, ETH, USDC, USDT, USDC, BUSD, TUSD, among others. It does not store your private key. Moreover, Vauld does not have access to user funds. Also, Vauld provides multi-signature wallets where they don’t hold any signatures.

You get an instant exchange facility on all supported cryptocurrencies. Not only that, but you can also track your funding details from a customizable dashboard. 

To earn interest, you have to integrate your funds with Vauld’s lending APIs. You can earn interest on all supported tokens that are available for lending.

By integrating with Vauld’s borrowing APIs, you can borrow fiat and cryptocurrencies against your existing crypto assets. You can borrow up to a Loan-To-Value ratio of 66.7% and can repay the loan at any time and add/remove collateral during the loan period.

How to Create an Account at Vauld?

To create an account at Vauld, you need to follow the below step-by-step process:

Step 1: Visit the official website of Vauld, and click on the “Sign In” button present on the right corner of the homepage.

Step 2: You will be redirected to the registration page, where you have to enter your email address and create a password. Alternatively, you also have the option to create a Vauld account through different logins like Google, Coinbase, Facebook, Apple, and Twitter. You need to enter your email address/username and password to sign in.

Step 4: Next, you complete the KYC verification process to access your account. 

After successful authentication of the account, you are ready to get started.