I have a small amount of
BTC and LTC in Coinbase vault, since it is insured I am thinking that this is a moderately safe way to store for long term.
Of course it is best to own your private keys and store offline. But this is like one of those, don't keep all your eggs in one basket ideas.
If I had a million dollars in Crypto would I feel safe with them in the Vault? I am thinking so. I have heard a bunch of negative sentiment towards Coinbase, but I have only had positive experiences. I do believe that they charge to high of fees.
I am continually dollar cost averaging into BTC/LTC and feel safe enough with some of those funds in the Vault.
What are your experiences?
https://www.coinbase.com/vault?locale=en-US#featureshttps://support.coinbase.com/customer/en/portal/articles/1662379-how-is-coinbase-insured