Vault of Satoshi offers no-fee trading and deposits until July 1

Vault of Satoshi (VOS) has announced no fees on trades or deposits until July 1, the Canada Day holiday.

Coin-to-fiat trades are normally charged 1% and coin-to-coin trades, 0.2%. Deposit fees range from $1.50 to $7.50 depending on the method chosen.

Adam Cochran, VOS's director of marketing, also clarified that customers subscribing to the unlimited $99 monthly plan won't lose out and will be credited.

They also announced progress in their U.S. re-launch, with full trading privileges for South Carolina and Nevada, and coin-to-coin trading for Texas. Later in the summer, additional U.S. and international support is expected.

This is the latest in a series of big moves by the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term as part of a push to gain market share. One week ago, VOS got into the mining business with its launch of 1-year contracts.

The no-fee trading promotion will be the biggest test-to-date for the relatively new exchange. Traders stand to save substantially relative to other exchanges- the catch-22 being that 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 will have to rise, and spreads tighten, in order to make a compelling case for traders to switch over. Indeed, redditors have pushed for a 6-month promotion in order to allow time to build up volume.

Currently, their BTC/USD orderbook is showing a bid/ask of $574.90/$584.90, a spread of 1.7%. 24h volume is only 5.23 BTC.