Comment
Author: Admin | 2025-04-28
(for example, Bitcoin to Bitcoin Cash address), your crypto will be lost. How do I withdraw funds from a vault?To initiate a withdrawal from your vault to your balance:Go to My AssetsSelect the asset type in which you'd like to access your accountUnder the asset graph, select the Balance tabSelect See balance summarySelect Vault to view your vaultEnter the crypto amount you’d like to withdraw (you can select Withdraw all to transfer all your funds)Follow the prompts to complete your withdrawalFor a standard vault, once you enter the withdrawal details, a confirmation email will be sent to your inbox and to your secondary email inbox. Once the details are approved there, the 48-hour waiting period will begin.Note: Currently, it's only possible to create one withdrawal request at a time. You must wait for an existing withdrawal to complete, or cancel it, before making another. Can I change the settings on a vault after it has been created?Once a vault has been created, its withdrawal delay period (48 hours), notification settings, security settings, and owner cannot be changed. In the event that you need to change any of this information, it's best to create a new vault.Is there a limit on the number of balances or vaults I'm allowed to create?At this time Coinbase supports one balance and one vault for each supported cryptocurrency.Is there a fee for using vault storage?None at all. Coinbase vaults are free to use, just like your balance. Can Coinbase Support speed up or move funds from a vault in case of an emergency? For security reasons, Coinbase Support is unable to bypass the waiting period on a vault withdrawal or move funds. If I don't have enough funds in my spend balance for a purchase, will it automatically pull from the vault?Because the vault requires a withdrawal delay, there is no automatic process that will pull from the funds stored there. It is necessary to have an adequate amount of funds in your spend balance before creating an instantaneous withdrawal or a purchase.What's the best use for a Coinbase vault?There are a variety of ways to store your digital assets, and it's definitely a good idea to find out which methods work best for you. The vault is an ideal storage tool if you wish to keep some digital assets online, but don't require quick withdrawals and want to be notified whenever there is a request to spend the funds. The choice to use both balances and vaults allows you to strike a balance between convenience and increased security to keep you in control of your funds.Can I receive rewards in a Coinbase vault? No. Funds stored in a vault can’t be staked to earn
Add Comment