Review on Xapo Wallet by Fanuel PORPORTY
XAPO - Cryptocurrency wallet
Xapo wallet has been in the cryptocurrency industry for a significant period of time and has the features to show for it. It is a web-based Bitcoin wallet that users can access either on a mobile app or online. Alss, it offers a provision to store most funds in deep cold storage vaults while keeping the rest in a web wallet for easy access.
Xapo wallet is a web-based Bitcoin wallet that users can access either on a mobile app or online. It offers a provision to store most funds in deep cold storage vaults while keeping the rest in a web wallet for easy access. A noteworthy highlight of the wallet is that users can have a Visa debit card for convenience purposes.
Pros
- Visa debit card for convenient withdrawals and payments
- Deep cold storage for user funds
- Operated by legitimate, reputable entrepreneurs, available to public scrutiny
- Beginner-friendly
- Multiple methods for adding funds to the wallet
Cons
- Not regulated
- Wallet requires user verification before sending or receiving funds
- Visa card only available to users in some European countries
