2 ms·

You seem to misunderstand my statement. Let me explain a little further please. Your coins are not safe/secure while they are with coinbase, and will never be

by elorm 9y ago

You seem to misunderstand my statement. Let me explain a little further please. Your coins are not safe/secure while they are with coinbase, and will never be because you do not own the private keys. It does not prevent you from losing your money in the event of worst case scenarios, it just makes it harder for someone to steal your money while it is in the care of coinbase.

aianus 9y ago
> However your coins will most likely be moved to "Cold storage" This is the part I was responding to. It sounds like you're saying that using the vault feature will move your coins into cold storage. In fact, they were always in cold storage.