Review on Xapo USD by Naomi Ilani
XAPO USD Is A Well Secured Deposit Card
The XAPO USD happens to be one of the first debit cards to issue a Bitcoin debit card and associates it to your Bitcoin wallet. It charges a monthly fee of $1, ATM fee of $2.5 and the cost of the card is $20. It also has a foreign currency conversion fee of 3%. The card was first situated at Palo Alto in California, it the moved to Switzerland and is presently at Hong Kong due to regulatory stability. It is a debit card that accepts both fiat and cryptocurrency transactions with Bitcoin being the only accepted cryptocurrency. It has Wences Casares as it's CEO and was launched in the year 2014. It is a debit card that focuses on security as it makes use of the 2 Factor Authentication for security and passwords. It has kept and excellent reputation and if security is your priority, the XAPO USD should be essential. It stores it's users funds on a deep cold storage, which happens to be very
Pros
- The platform prioritizes security
- Stores funds on deep cold storage wallet
- It's fees and bank charges are moderate
Cons
- Their customer support is really poor and should be worked upon
