How does the movement of funds between Coinbase wallet and vault affect the real-time balance?
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When funds are moved between the Coinbase wallet and vault, how does it impact the real-time balance?
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3 answers
- When you transfer funds from your Coinbase wallet to the vault, the real-time balance in your wallet will decrease while the balance in the vault will increase. This is because the funds are being moved from one account to another within Coinbase's system. However, the overall balance of your Coinbase account remains the same. It's just a matter of allocation between the wallet and the vault.
Feb 19, 2022 · 3 years ago
- Moving funds between the Coinbase wallet and vault is a simple process that doesn't affect the real-time balance in a significant way. The balance in your wallet will decrease as the funds are transferred to the vault, but the overall balance of your Coinbase account remains unchanged. It's important to note that the movement of funds between the wallet and vault doesn't impact the value or availability of your digital assets.
Feb 19, 2022 · 3 years ago
- When you transfer funds from your Coinbase wallet to the vault, the real-time balance in your wallet will decrease, but the balance in the vault will increase. This is because the vault is a more secure storage option provided by Coinbase. By moving your funds to the vault, you are reducing the risk of unauthorized access or hacking. However, it's important to note that the movement of funds between the wallet and vault doesn't affect the overall balance of your Coinbase account.
Feb 19, 2022 · 3 years ago
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