Announcing Ethereum & Litecoin vaults
Today, we’re excited to launch Ethereum and Litecoin vaults for all customers, bringing these assets in line with our current Bitcoin storage offerings. With vaults for Bitcoin, Ethereum, and Litecoin, customers get additional layers of withdrawal security for stored digital currency, such as a 48-hour withdrawal delay and required email approvals.
A little more than 3 years ago, we launched Bitcoin vaults for Coinbase customers. Our goal was to help eliminate the false idea that Bitcoin owners had to choose between security or convenience when it came to storage. Coinbase vaults gave customers the best of both worlds by providing a standard account for easy access and a vault for long-term storage.
We’re now bringing this product to Ethereum and Litecoin, continuing our mission to make Coinbase the easiest, most secure place to buy, sell, and hold digital currency.