Bitcoin vault vs wallet. Coinbase

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  • baseballstud
    SBR Wise Guy
    • 10-31-08
    • 980

    #1
    Bitcoin vault vs wallet. Coinbase
    So I got my first ever Bitcoin payout low 4 figures. The book sends it. I receive it. Get 6 confirmations and I'm golden.
    Coinbase asks me hey you want to create a vault it's more secure so put your Bitcoin in there.

    I go back now and see you can't sell the Bitcoin. For usd out of the. Vault. I have to transfer to my wallet and wait 48 hours to sell.

    Am I missing something? That seems crazy. How can they hold that hostage. What happens if value rises or drops and I want to sell. I know probably won't happen. But geez. Sucks being anwmateur.

    Any help ?
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