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.
its for extra precaution incase your wallet was compromised.. it requires double verification, and the 48 hour window is incase it was hacked you have ample time to be notified and to cancel it