Coinbase, one of the big bitcoin-services companies, with about 1.4 million customers, has unveiled a new type of account for storing bitcoins, “the vault.”

“Our customers have been asking for something like this for a year,” Coinbase CEO Brian Armstrong told MoneyBeat. With the new account, users can now essentially have a “wallet” for day-to-day spending, and a “vault” for long-term storage of their wealth.