Pros
- Vault has good security functions, including cold storage of coins
- Offers debit cards as a payment method (available in Europe only)
- Privacy allowed
Cons
- Platform available only as a mobile app
- Verification is required to send and receive bitcoins
- The reputation of the company is largely negative
- Fees might be high for traders that use a few coins
- Only bitcoins are supported by Xapo’s wallet services