Review on Xapo USD by Özgün A
Safe but expensive
When you request a Xapo USD card, you are faced with a high price.
You can convert cryptocurrency to fiat money or vice versa. During these transactions, you pay commission.
You pay a monthly card fee.
Security measures are pretty good. It has a two-factor security stage.
You can withdraw money from ATMs, but you will pay a certain price for it.
You can shop from e-commerce sites with Xapo USD.
The system stores your assets in hardware wallets. Thus, the possibility of being defrauded disappears.
I cannot say good for customer representatives. You are waiting too long to connect to the customer representative. I hope the customer representative can solve your problem.
It has advanced Bitcoin storage feature. You can pay with bitcoin.
It has a mobile application and is a useful mobile application.
They generally do not serve eastern countries. This is a sad situation.
You pay the conversion cost between your coins.
Collaborates with Visa. You can shop with Xapo USD at all workplaces where Visa card is used.
I see it as a problem to have only Bitcoin as a crypto money. Users are not offered a wider range of cryptocurrencies to use.
Pros
- Collaborates with Visa card
- You can use it for online payments
- They use cold wallets for your assets
Cons
- Charges fees on almost all transactions
- Customer service is bad
- Supported cryptocurrency is only Bitcoin
- Service to Far Eastern countries is limited
