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#features
https://support.coinbase.com/customer/en/portal/articles/1662379-how-is-coinbase-insured
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#features
https://support.coinbase.com/customer/en/portal/articles/1662379-how-is-coinbase-insured
I think sometimes it's even better to use third party like coinbase than storing it yourself. It depends on what security measures you can take. If you buy hardware wallet, store it there. If you watch porn on your comp, rather use coinbase
