Vault of Satoshi Announces Unlimited Trading and Charts (Doge also still hot)

Vault of Satoshi has announced yet another development in its constantly-evolving crypto trading offering: unlimited trading. Highly active traders will benefit from this plan, which is priced at $99 per month.

By comparison, the newly updated per-trade fee structure calls for fees ranging from 0.3-1.0% of the trade, depending on the moving 30-day volume. Doing the math, you break even with plan when trading over $11,000 worth of digital currency over 30 days (according to VoS's most recent fee table).

The plan may also help VOS with greater revenue stability and predictability.

The aggressive move is a rarity in the world of crypto trading and will be a good litmus test to see how well they can compete with other exchanges for clients. The process is self-reinforcing: more clients mean more Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, which in turn attracts more clients. The flat rate structure can thus feed into this loop when clients increase liquidity with unimpeded trading volume.

While growing, volume and liquidity are fairly low when compared with other exchanges. Currently, the bid/ask for one BTC is $661/$689, effectively a 2.0% premium from the mid-point. 24h volume is currently 18 BTC- a tip of the iceberg compared with other exchanges.

Since launching new altcoins for trading a couple of weeks back, Dogecoin still continues to dominate trade, eclipsing both Litecoin and Peercoin by a wide margin. In rough dollar terms, its volume is 57% of that of Bitcoin, below the its closely followed launch on VOS.

Absent from trading is Namecoin. VOS had tweeted around the launch date that the Namecoin client is not cooperating and they're working on a patch.

Other New Features

In addition to the above, VOS is adding charts and new method of deposit for Canadian clients via online bill Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, as well as fiat withdrawals through Electronic Funds Transfer (EFT)- features typically found with major Canadian online stock brokerages.

Over the coming weeks, there are also plans to launch: coin-to-coin trading, additional coins like Mastercoin and Nxt, market orders and possibly the ability to short ("if you're lucky").

The advent of coin-to-coin trading will make the exchange highly unique in offering coin-to-fiat, coin-to-coin and multiple fiat currencies as part of its offering.