Yandex

Xapo wallet

Apr 02, 2018 Admin Wallets
Name
Xapo

Xapo

Overview:

With the help of Xapo wallet, you can transact, receive, manage and use your money and coins conveniently. Xapo was founded by Wenses Casares and was launched in 2014. It is a Hong Kong-based company, but now, they now have offices in Palo Alto, California, Switzerland, and also performing worldwide and serving people from all over the world.

Xapo is a web-wallet where you can bring anywhere. Their Bitcoin wallet was once labeled as the Fort Knox of Bitcoins.The goal of Xapo is to provide an easy-access and convenient wallet that can be used in the everyday transaction. With its advanced security and deep cold storage, your coins will be in a protected and safe environment. One can say that Xapo is like a checking or savings account, you can check and manage anytime.

What makes it different to other wallets, is that it has a mobile application which is compatible with all mobile devices. The user interface is very simple, neat and organized. You will not have a hard time getting familiar with it. Other than that, they also offer a debit card where you can link your Xapo Wallet with your account. It can be used anywhere and anytime. The Debit card allows you to withdraw anywhere around the world. You can also link your Xapo Wallet to your bitcoin wallet Bitcoin wallet so you can check and manage whenever you like. Because of their mobile application, this grants you from taking full control of your money and account.

Xapo aims to provide convenient and flexible service without worrying about the security of your funds. Though the Xapo registration is online, your coins will be stored offline and will never connect online. The system that holds cryptocurrencies are operating offline to prevent hacking and phishing. The company uses its multi-signature technology and offline servers which make it highly secured.

How to Buy

Visit their website and mobile app to register so you can use their products; the Xapo Wallet, Xapo Vault and the Xapo Debit Card.

Advantages

  1. Xapo debit card can be used in local and online transactions. It also allows you to withdraw your cash in any ATM machines nationwide.
  2. Xapo is protected by Cryptography security which is combined with multiple security authentications and private keys.
  3. Xapo debit card supports many currencies and cryptocurrencies worldwide.
  4. The Xapo Vault is known to be a safe haven for your Bitcoins. It is located on three different continents; America, Europe and Oceania.
  5.  
  6. Xapo website has FAQ page where you can see all the information you need to know and other previously asked questions.
  7. They accept registration in any part of the world and they also offer 24/7 customer support.
  8. Security is the most important factor. The security system is good. They will require a PIN code and other security authentications.

Disadvantages

 

  1. There are buy and sell transaction limits per day, per week, per montha and per year.
  2. The are fees for the other transactions.
  3. There are limitson online and other transactions for unverified users.
  4. Plastic debit card is the online available and no virtual card.
  5.  
  6. Slow response of the customer service support.
  7. Sometimes there are bus experienced by the users.

Storage

Whether owning a small or big amount of Bitcoins, it will be highly secured with the Xapo Vault. Once you successfully transfer your funds from Xapo Web Wallet to Xapo Vault, it will be directed to an offline computer. All your data and other information will be electronically and physically backed up for the high-security purpose. It will be stored in physical vaults at different locations. With this kind of security, no need to worry about your Bitcoins!


Copyright © 2017 - 2018. All rights reserved.