What are the steps to set up and use Coinbase Vault to store my cryptocurrencies?

1 answers

• Dec 18, 2021 · 3 years ago
  Setting up and using Coinbase Vault to store your cryptocurrencies is a straightforward process. Here's how you can do it: 1. Log in to your Coinbase account and go to the 'Vaults' tab. 2. Click on 'Create a New Vault' and choose the type of vault you want to create. 3. Give your vault a name and select the cryptocurrency you want to store. 4. Set the security settings for your vault, such as the number of co-signers required. 5. Add the email addresses of the co-signers who will have access to the vault. 6. Review the details and confirm the setup. 7. Transfer your cryptocurrencies from your Coinbase wallet to the vault. 8. Congratulations! Your cryptocurrencies are now securely stored in the Coinbase Vault. Remember to keep your vault passphrase and recovery phrase safe and accessible, as they are necessary for accessing your vault in case of any issues.
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