Review on Xapo USD by Francisco Varela
Xapo USD Cards
The Xapo card was born since 2014 in the month of April and is considered a debit card for bitcoin. The company was created in 2015 in May in Palo Alto, California, but it recently moved to Zurich, Switzerland. Xapo's primary focus is to become a world leading bitcoin card and serve a stable foundation towards regulatory affairs in a neutral way for the finance sector on the global platform.
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Pros
- The card has a daily limit of $ 10,000, there is no monthly or annual limit to load your Xapo Card.
- It has two presentations, one virtual and the other physical. They can be accessed using applications on smartphones to manage transactions.
- The use of the Xapo debit card for bitcoin can be made for online transactions and points of sale. The verification process is being updated in Xapo. The use of the Xapo account is free for verified users.
Cons
- Transfers in Bitcoin have a minimum amount of 5,430 satoshis, this amount is defined by the red bitcoin protocol, not by Xapo.
- The cost of the Xapo debit card for bitcoin transactions is $ 20 USD and the currency exchange and conversion rate counts at 3% overall.
