Review on Xapo Wallet by LUIS RIVERO R
XAPO centralized wallet, some services are not available.
The main functionality of this wallet is to be a transfer and payment service with cryptocurrencies and fiat money, safely anywhere in the world, with fast transactions that you can take anywhere.
-Its greatest product is its ultra secure off-line storage service distributed in multiple areas.
-You will not have access problems of third parties in your accounts since according to official information they have an area for risk management with real-time alerts.
-In addition you can use this account to receive payments since you can create limited accesses for your employees to verify transactions according to the level of access.
In general this is a centralized wallet, KYC verification is necessary to use its services, it also offers a rechargeable card with BTC for Brazil, the United States and Europe. It only supports storing Bitcoin.
This wallet is making changes, according to official information, when using this wallet do it wisely since most of the current criticisms are negative, many users have problems withdrawing their assets or accessing their accounts.
Pros
- Highly secure storage service, quick notifications when making transactions.
- 24-hour customer service.
- You can create access to other users with different levels of security and use.
- Transactions between Xapo users are free.
- It is possible to send fiat money to more than 30 countries.
Cons
- Centralized, keys in custody of Xapo.
- Rewards program only available in brazil.
- Users report failures to use the services of this wallet.
