Dash Podcast 97 - Feat. Joshua Scigala, CEO of Vaultoro

[Mark Mason]

Dash Podcast 97 - Feat. Joshua Scigala, CEO of Vaultoro

Video re-post of episode 97 of the Dash News three amigos podcast. This weeks special guest was Joshua Scigala CEO of Vaultoro.

Watch or listen here - https://dashnews.org/dash-podcast-97-feat-joshua-scigala-ceo-of-vaultoro-com/​

 

[GrandMasterDash]

In this interview, Joshua wasn't quite sure of his storage fees, so to help listeners out, it's 0.4% per year:
http://support.vaultoro.com/knowledgebase/articles/482579-what-are-the-fees-and-charges-on-vaultoro

As an example, we'll consider 74 gold coins with a total cost of $100,000. Storage costs for $100,000 of gold will be $400 per year, plus trading fees. Vauloro calculate the trading fees as $385:

0.5% trading fees for the first 500g ~ $105
0.4% trading fees for the next kg ~ $167
0.3% for the remaining 900g ~ $113
https://www.dashcentral.org/p/Vaultoro_to_implement_DASH

The total cost, therefore, storage plus trading fees is $785 (or 8 dash at current market rate). It is assumed this cost is cheaper and less risky than securing yourself.

I hope this is factually correct.