Vault of Satoshi Rolls Out New Altcoin Support

Jan 29, 2014 at 07:07 UTCUpdated Jan 29, 2014 at 14:53 UTC. Canadian digital currency exchange Vault of Satoshi will announce a plethora of new features today, including more verification options, coin-to-coin trading, and support for several new coins.

It has introduced an elevated level, with bill payment capabilities, allowing people to trade up to $15,000 per week in the first month, rising over time.

Finally, a fourth level for "Serious" traders enables them to deposit and withdraw up to $100,000 per week.

Curry also told CoinDesk that Vault of Satoshi will now be supporting several more coins, one of which is the seven week-old dogecoin.

Vault of Satoshi always planned to add support for more altcoins.

Within the next two weeks, Vault of Satoshi will be introducing coin-to-coin trades, which will make it easier to trade between altcoins without having to drop back into fiat currency first.

It is taking attempting to cement itself as the number two in the Canadian market behind incumbent Calgary-based exchange Virtex, and is also rolling out a Canadian order book.

"I'd like the relationship to go further than just having our competitors' names on the charts. We'd like to conduct remote trading from Vault of Satoshi", Curry said.

Trading on other exchanges from Vault of Satoshi would reduce bitcoin traders' information footprint, he said.

"We're working with a couple of exchanges right now so that if you're verified with us, you can have an anonymous ID to trade with somebody else."