Vault
A Vault is a secure storage solution used in crypto to protect digital assets, often with enhanced security features like time delays, multi-signature access, or smart contract controls.
How a Vault Works
Unlike regular wallets, vaults are designed for long-term storage with added safety layers. Some require multiple signatures to move funds, while others enforce time locks, giving users a buffer period to cancel unauthorized withdrawals. Vaults can be found in centralized exchanges, DeFi protocols, and institutional custody services.
Why Vaults Matter
Vaults reduce the risk of theft or loss by adding advanced protection mechanisms. They’re especially useful for holding large amounts of crypto or managing shared assets. By prioritizing security and control, vaults help users and institutions protect their holdings in an increasingly high-stakes digital economy.