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James
The simple answer is yes.
The longer answer is that (assuming you don’t upgrade to premium) the next time you modify your AES-256 file/s in the free version they’ll be downgraded to AES-128 bit encryption.
Premium users can only create 256-bit files but can open and read 128/256-bit files
Free users can only create 128-bit files but can open and read 128/256-bit files