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I just created a Vault account on my Coinbase account. When the money is deposited into the Vault does it stop growing or will it continue to grow based on the coin?
Does my money still grow if I have it in Coinbase Vault?
Answers
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The amount of cryptocurrency you deposited into the 'Coinbase Vault' will remain the same (unless there are some fees levied by Coinbase for the storage, etc). So if you put 1 bitcoin in, later you will be able to withdraw 1 bitcoin. The value of that 1 bitcoin (measured in USD) may change during that time, but you will still own the same amount (1 bitcoin).
Grow in what way? Do you mean like earn interest? Or the USD (or other fiat currency) value of your Bitcoin? – Andrew Chow – 2017-12-26T18:59:30.853
Coinbase doesn't set the value. If you put one bitcoin in the vault, you'll always only have one bitcoin. – 4276 – 2017-12-27T15:52:39.623
I mean like will the fiat value grow based on the coin value – Emmanuel Bailey – 2017-12-28T03:22:49.320