Review on Xapo EUR by Yinka Yemisi
It is a bitcoin wallet
It is very easy to use. And this attract a lot of people as it is very easy to set up.
To use this wallet, all you need to do is to download the app either from their official website or Google play store for Android devices or Apple app store for iOS. To download the app is free, it does require any payment. After downloading the app, get it installed do some necessary things, that is create an account verify your mobile number, you are good to start using the wallet. For users to purchase bitcoin you have verify your identity.
With your mobile phone with you, you can easily transfer or accept bitcoin either from or to other wallet. You can also buy bitcoin directly by using the app.
In terms of security, it has two level security. The first one is company security where company store users data in cold storage. While the second one is 2 factor authentication 2fa where user create pin or 6 digit password. In order to keep hacker away from the wallet and vault.
Pros
- It free to download either from the website or Google play store
- It is easy to use even for beginners
- Very easy to assess
- It works perfectly on mobile devices such as Android and iOS
Cons
- It supports bitcoin only
- Retriever of bitcoin is someone cumbersome as it takes 48hrs to retrieve
