Review on Xapo GBP by Olugbenga Ajayi
Xapo card has been long in the market and it is still active
Cryptocurrency card is an indispensable item if one is to spend cryptocurrency with easy. Xapo card is a Visa card that provide such facilities. It was launched in 2015 at Palo, California and recently in Zurich, Switzerland.
Xapo GBP is a cryptocurrency card that is majorly for making purchases with Bitcoin. It is infact one of the foremost bitcoin debit card. The card can be used in online stores, on POS and ATMs.
It is a card that is secured with multifactor security features. The card is directly linked to Bitcoin wallet.
The card is supported with the app that can be used for management monitoring of the card. It can also be used to lock the card in case of security breach.
Like every Other cryptocurrency card, usage is not in anyway free. There are charges attached. These includes issuance fee which is €15, 3% conversion cost, annual fee, dormancy fee, ATM withdrawal fee and lots more.
All in all the card had been long in the market and it is still active.
Pros
- It is available in may countries
- It is supported by Bitcoin wallet
- It is secured with multifactor security features
- It is available in physical and virtual form
- It can be used like visa card in stores, POS and ATMs
Cons
- Initial launch was marred with lots of issues
- There is always delay in verification
