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Xapo provides the tools you need to purchase bitcoins, then manage them through our easy-to-use online wallet, spend them with a swipe of the Xapo Debit Card, or store them in Xapo's free, ultra-secure Vault.

Xapo is an innovative and highly secured bitcoin wallet that can be used send, receive and trade the bitcoin currency. It was established in the year 2014 by Wences Casares. Xapo is a highly stable company as some of its investors include Pantera, Benchmark, and Fortress. It provides three types of features namely Wallet, Vault, and Debit card. Xapo Vault is used for storing bitcoins in a highly secured environment.

Pros:

1. Highly Secured Vaults: Xapo keeps the vault in various locations of three different subcontinents. It also stores the private keys and other confidential information on offline servers so that the security is not compromised. It also provides 24/7 security and monitoring for the vaults.

2. Plastic Debit card: Xapo provides a debit card for your wallet which can be used for online shopping. You can also withdraw money from ATMs using the card. But you have to pay a small fee for that. The debit card can be easily linked with your wallet. You can transfer funds to your wallet without any charge.

3. No fees for Currency Conversion: You can easily exchange different currencies using Xapo without any processing fee. It supports many currencies like INR, EURO, USD, GBP and more.

4. Unlimited Wallets for Businesses: Xapo provides the option of creating unlimited wallet accounts for businesses. It is possible to set different permission levels depending on the need. For example, you can restrict the permission for sending/transferring bitcoins only to certain people.

Cons:

1. Annual debit card charge of $12.

2. Shipping charges are very high for getting the Xapo debit card.

3. 3% Foreign exchange fee + Flat fee of 2 to 4 USD for withdrawal of money from ATMs.

4. The Xapo debit card is not available for USA, India and some other countries in Africa.

What's your experience with this wallet? share it

 

[freelizard]

I have several issues to address .. the first being that I need to download their app and my old feature phone with the number associated with the account is unable to do so , so either a tablet capable of downloading apps that work with Xapo , or an inexpensive smart phone - which is the better way to go ? - since I kind of need a new laptop I'm sort of leaning to the tablet

I am doing research on devices but helpful advice is good too.

I've contacted Xapo support about this - the person suggested using a friends phone - but that number is not on my account so is that even possible?

as far as getting my coins to another wallet .. I currently have Coinbase , Coinpot , Faucethub and Block io - or I can create a new one elsewhere if that's a better way to go

just trying to avoid fees and all the hassle wherever possible

hopefully someone has answers for me :)

so far no answers? I'll just add that an inexpensive smartphone appears to be the best way to fix this issue .. then get a better laptop or tablet

 

[FBuser]

Is there any online wallet where it can store much cryptocurrencies at once?

 

[Lovely]

I dump this wallet because of high fees.I transfer all my coins to coin base because of low fees but I'm thinking other wise now because even coin base has gone haywire with their fees. I can deal.

 

[tusziget]

I have did exact the same thing long time ago.First I had all my satoshis in Xapo,after that they have announced their high fees decision on every transactions,I have transferred all my satoshis to Coinbase.After some time Coinbase has changed too the fees,they got higher,but I didn't transferred from there to other wallet,because anyway,every wallet charges high fees on every transactions.

 

[freelizard]

That's what I was planning on doing , due to the continued aggravation of Xapo security sign in and their high fees

but then again , it's a wallet , so I may keep it active

 

[Medowriter]

It a great and reliable Wallet and it stores both BTC and BCH but as from the 14 of December the wallet will not longer store bitcoin cash but only bitcoin

 

[KarthikP]

Xapo is a cryptocurrency wallet where you can cryptocurrencies like bitcoin and altcoins , but i dont prefer xapo because of too much verifcation in their wallet , like phone number , gmail. I am not using xapo at present.