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What are the steps to set up a Coinbase vault for my digital currencies?

avatarPratik DebDec 27, 2021 · 3 years ago3 answers

Can you guide me through the process of setting up a Coinbase vault to securely store my digital currencies? I want to ensure that my assets are protected and inaccessible to hackers.

What are the steps to set up a Coinbase vault for my digital currencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Setting up a Coinbase vault is a great way to enhance the security of your digital currencies. Here are the steps: 1. Log in to your Coinbase account. 2. Go to the 'Settings' tab and click on 'Security'. 3. Scroll down to the 'Vaults' section and click on 'Create a New Vault'. 4. Follow the on-screen instructions to set up your vault, including choosing a vault name, setting up a 48-hour withdrawal delay, and designating one or more email addresses as 'vault guardians'. 5. Once your vault is set up, you can transfer your digital currencies from your Coinbase account to the vault. Remember to keep your vault credentials secure and share them only with trusted individuals. This extra layer of security will provide you with peace of mind knowing that your digital currencies are safe from unauthorized access.
  • avatarDec 27, 2021 · 3 years ago
    No problem! To set up a Coinbase vault, follow these steps: 1. Log in to your Coinbase account. 2. Click on the 'Settings' tab and select 'Security'. 3. Scroll down to the 'Vaults' section and click on 'Create a New Vault'. 4. You'll be prompted to enter a name for your vault and set up a withdrawal delay. This delay adds an extra layer of security by requiring multiple approvals for any withdrawal. 5. Next, you'll need to designate one or more email addresses as 'vault guardians'. These individuals will receive email notifications whenever a withdrawal is initiated and will have the power to approve or deny the withdrawal. 6. Once your vault is created, you can transfer your digital currencies from your Coinbase account to the vault. That's it! Your digital currencies are now stored in a secure Coinbase vault.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Here's how you can set up a Coinbase vault for your digital currencies: 1. Log in to your Coinbase account. 2. Navigate to the 'Settings' tab and select 'Security'. 3. Scroll down to the 'Vaults' section and click on 'Create a New Vault'. 4. Choose a name for your vault and set a withdrawal delay. This delay adds an extra layer of security by requiring multiple approvals for any withdrawal. 5. Next, you'll need to designate one or more email addresses as 'vault guardians'. These individuals will receive email notifications whenever a withdrawal is initiated and will have the power to approve or deny the withdrawal. 6. Once your vault is set up, you can transfer your digital currencies from your Coinbase account to the vault. By setting up a Coinbase vault, you can have peace of mind knowing that your digital currencies are stored securely and protected from unauthorized access.