Are you waiting for the market to reverse or just unsure of market conditions right now? We are always looking for an easy way to earn some money while waiting for the next buying opportunity.

You know that feeling when you just want to park your money, earn profits from it, and then take some of it back for your next investment. Well, Vauld could be your go-to place. But, how profitable are Vauld’s APYs? How many investment alternatives it has? In this article, you will discover this and much more from BlockFi’s Killer.

What is Vauld? 

Vauld is a classic CeFi crypto lender. Nowadays, the platform competes with other CeFis like BlockFi, Nexo, and Celsius. In Vauld, you can lend, borrow, buy, sell, or trade in more than 250 trading pairs available against USDT. 

Vauld crypto passive income

Source: Vauld

Nowadays, the platform includes 3.04% APY for cryptos like The Graph and Yield Finance, 6.70% for the big blue chips like BTC and ETH, and 12.68% for the 6 stablecoins they offer (USDC, USDT, USDP, DAI, TUSD, and BUSD).

Therefore, as a classic CeFi lender, they offer many features that you normally get from platforms. Here are the most important ones:

  • Interest Compounded Daily: Paid out Weekly.
  • Instant Exchanges: To change assets and the rate you earn with no delays
  • Account monitoring and collateral coverage: Vauld monitor and liquidate the borrower for you
  • Insured funds: Vauld use BitGo to insure up to $100 million of their deposits.

Also, Vauld has a couple of specific differences from those other lenders like:

  • Account reps and customer service: The department for all accounts over $10,000
  • Dedicated account reps: For all accounts over $100,000
  • Enterprise API: The platform allows businesses to offer crypto to their customers.

What Makes Vauld Different from Competition?

What Vauld provides are great lending rates for your crypto as well as access to many trading options an all-in-one app. And for our Indian subscribers, they are direct from fiat to crypto provider in INR (Indian Rupees). 

Also, there are no deposit or withdrawal fees in crypto or Rupees although blockchain networks or banks may charge you a fee to move some money around. Therefore, trading fees are very low and competitive, considering that most pairs charge 0.1%.

Like all crypto lenders, they overcollateralize and lend you 67% LTV against your collateral. Many lenders cap out at 50% so that’s a nice benefit for borrowers. Also, one last cool feature they have is the Automatic Investment Plan (AIP). You can take advantage in 2 ways:

  1. Dollar-Cost Averaging: A token for investment at regular intervals like weekly or monthly OR.
  2. ‘Buy the dip’: By setting an alert to buy. This means that if ETH drops by 5% or something similar, you can buy a few tokens or set up a free strategy within your AIP. You only have to pay for your trading fees.

Team & Roadmap

Darshan Bathija and Sanju Kurian are Vauld’s Co-founders. The company is based in Singapore while most of the tech team is in India. Everyone is listed and available on LinkedIn showing the kind of transparency we look for in a project.

Also, investors and partners include Peter Thiel’s Valar, Pantera Capital, Coinbase Ventures, CMT Digital, and a few others while their custody partner and insurer is BitGo and their exchange partner for trading is Binance.

On the other hand, Vauld only has a fiat on-ramp for Rupees but they hope in 2022 they will have on-ramps for GBP and EUR too. They hope to add more chains, tokens, and DeFi integrations the same way they are integrated with Binance in the coming year.

Risks & Tokenomics

Vauld started in 2018, which is a long time ago in crypto. But it’s not longer than BlockFi or Nexo, their main competitors. However, unlike them, Vauld does have a good handle on the Asian market. Meanwhile, BlockFi went for US regulation to cover the American market while Nexo did the same in Europe to cover EU markets. Vauld has good coverage of Asia but no regulatory body is overseeing them that we are aware of.

On the other hand, Vauld doesn’t have a token so you can just get repaid in the same crypto you deposit into the lending pool. fans may see that as a disadvantage while others will like the idea of not having to deal with yet another token. It’s nice to just deposit ETH and get paid in ETH or USDC, or Sushi, or Chainlink.

More About Vauld

A big huge new chain integration with BSC and the addition of over 200 tokens are all going to be accessible on Vauld starting this week. 

Also, some of these are trade-only, meaning only for buying and selling. Others you can collateralize include BEP-20 versions of DOGE, SHIB, FIL (Filecoin), and ZIL.

Finally, if you want to keep track of this amazing CeFi platform, stay tuned to their Twitter, or Telegram to find out more.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Vauld. Copyright Altcoin Buzz Pte Ltd.


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