Vaults

Vaults are secure storage solutions designed to protect your bitcoin from online threats and unauthorized access. These vaults are predominantly offline, making them significantly less vulnerable to hacking attempts. Vaults add a layer of protection against phishing attacks, malware, and other forms of cybercrime.

Vaults go beyond the features of standard wallets by providing additional layers of security and control. This can include time-delayed withdrawals, conditional spending rules, and more rigorous approval processes.

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There are various types of bitcoin vaults. Multisig vaults require multiple parties to sign off on transactions. Hybrid vaults combine the convenience of hot wallets for small transactions with the security of cold storage for larger amounts. Time-locked vaults introduce withdrawal delays, adding an extra layer of security by deterring unauthorized access.

Upon successful authorization and fulfillment of the vault’s security requirements, the vault releases the necessary amount of bitcoin to the designated address. Vaults may provide peace of mind for investors concerned about the safety of their holdings, offering defense against online threats and ensuring the secure storage of their assets.