Bitcoin Forum

So, i'm just starting out and I got Xapo in order to collect some satoshi to play around with. I was wondering if Xapo is safe to use? It lets me instantly transfer money from faucets to my wallet so I don't have to "collect X amount before cashing out". I've heard that online wallets can be insecure, should I get a safer (desktop?) wallet and transfer what I collect there, or will I be fine using Xapo? Thanks!

Yes, it is one of the safest so far. I heard they store their cold storage private keys in a place with military level of security. I have been using it for some time and no problem at all. However, I think you shouldn't put all eggs in one basket. Try paper or hardware wallets if you are thinking of longer term storage.

https://www.blockchain.com/

This is free and i've used it for years now. Very simple and easy to use. Plus they have an app to link your phone to it.

Xapo is very good, it's working well so far. But as the friend already mentioned above, do not put all eggs in one basket. Try MultiBit and Electrum to Bitcoin, if you are thinking of longer term storage. However, there is already a better alternative out there, the cryptocurrency called DASH. The DASH system, aka Darkcoin, has everything that one cryptocurrency needs to have. But stay tuned, for now the best wallets are Dash Core (0.12.0.56) and Electrum Dash (2.4.1) available on dash . org. in my website there are more details: http://tuapoma.com/inenglish/freecoins/ well, in my opinion, the Dash Core (0.12.0.56) is the best cryptocurrency wallet have ever experienced.

If you need a fast online wallet with instant access from anywhere - and as you said you don't plan on keeping large amount of BTC there, then xapo is fine.
Just be wary of the typical problems of every online BTC service - they are susceptible to hacks either of their own system or your account could be hacked.

I think you will be fine with xapo, I also use for purposes faucet until now and have never encountered a problem. I think it's safe online wallet, cuman we must beharti careful when opening it in pc others, I recommend using blockchain.info to the online wallet since been proven safe and available safeguards verification multiple logins by email. Thank you

I've heard that the Xapo wallet is relatively safe when you compare it to the other wallets available, and they have a lot of services available with it. I know if you want to have a way to spend your Bitcoin in real life Xapo has the debit card services they provide, which appear to be relatively useful and reliable in their own respect. Maybe that's something worth looking into in the future?

I have been using them since they were very going and they really good. I mean look at the hard work they out into the site and how well it works. It has good and easy to use security features like a bank would, you can be notified on your phone before making a transaction or when logging in. The wallet works well I have never had a problem.

A xapo wallet you can get faucet satoshi instantly, no withdraw limit andmtyhe fee is very very low in comparison.

If you really want to use an online wallet, then I definitely wouldn't recommend xapo wallet. You should probably use blockchain or coinbase.

I think xapo is safe wallet from my experience that ever using xapo wallet it is one of safety wallet . Xapo requires the personal information and some verification on that. So don't worry about something wrong. But in my point of view xapo also have any weaknesses so from few moments ago i am moving to blockchain.info

I use blockchain.info but have lately learned to appreciate Coinbase's vault offerings that allow multi sig type securing of assets
Have never used Xapo personally

Yeah, it's actually one of the best wallets to use.
They are partnered with BitWage, so if you ever wanna receive your paycheck in BitCoin, you can have direct deposit to that.
They also offer a debit card, try to register for one and you can spend BitCoin anywhere with BitCoin.

Yes, it is safe. It's actually quite different from other online wallets.
You cannot do transactions (send and receive) until you have confirmed your identity.

I haven't heard of any incident that involves Xapo so I assume that it has a rather good track record. It is fine for collecting faucets since it doesn't have any fees when withdrawing and there is no limit from there.

As you progress, even though Xapo is sufficient, it is still a online wallet after all. If you have huge amount of Bitcoin in the future, you might want to consider to at the very least, get a desktop wallet. AFAIK, Xapo does not allow users to have control of the private key so that may be a problem if the site goes down or a signed message is required.

Nowadays xapo is thinking to be more reliable online wallet as there you do not lose your coins (unless someone get your passwords etc and get access to your wallet), so if you want to remain on online wallet for some time you can trust on it.

Yes, xapo is relaible, and the most attractive feature of it is that there is no fee for any transaction through xapo, xapo take cares of their users and they promised to pay the blockchain fee of bitcoin, so you should have to use xapo.

have used it previously, i got nothing to complain about.

i dont think you should trust a wallet because there are to many wallets who cant take your coins save enough. so if you want to store yourt coins do it byu your self or be careful witch wallet you want to use.

Oh really i am using blockchain.info from start .com and i haven't heard much about blockchain.com are they same? ???

Have used xapo before but have heard they need ID and details after you reach certain limit of transaction. I love blockchain.info and electrum.

Using couple of months still don't face any problem and Xapo have a great feature they don't charge fees for sending transactions. As being a small trader saving transaction fees really helpful for me.
Well I am agree with someone said "do not put all coin in one wallet".

Yes.Meni already tested its security features specially private wallet and its vault system.Because of its multiple verification needed and private keys of wallets.so for me xapo is one of the safest and most secured wallet online.

Well first of all let me start off by saying that faucets are not really that profitable to use. That's why there are so many faucet owners nowadays. Having cheap impressions on ads is very profitable for themselves, not you.

But yes, Xapo should be safe for now, but anyone can pull a runner.

Xapo is secure and every online wallet is safe if you use a strong password and don't install any software that has a virus or click on phishing links. It's much better than blockchain due to the ZERO fee and the 2FA makes it completely secure.

Xapo is good for faucet earnings and it's just the start. Nobody can make a living from faucets but they'll at least get to know what bitcoins actually are. Xapo has a license and hence it would be tough for a Xapo wallet to be shut down compared to Blockchain. They can not run away with our money.

xapo is a wallet that was so secure. to this day I still use it. there was never a problem. all my transactions right and certainly awake. I recommend xapo to accompany bitcoin you save. xapo wallet one of the best available today.

The safest way to store your coins is in offline storage where you can control your private keys which is the opposite of xapo and the other online wallets (well some of them give you your private keys), you could loose your money when it turns to gox mod.
I recommend to send what you earn from time to time to a cold storage  :)

It is safe. Its free fees feature is really convenient, but I warn you that you might want to bear in mind that their support system is quite hit-or-miss. If you go to their (as the title said) official thread, https://bitcointalk.org/index.php?topic=902526.0, you'll see so many people complain about their tickets not getting answered.
Me myself was never experiencing any trouble with my account, so I never have to taste their help desk. So far, my experience with them goes smoothly. So I think as long as you have no problem with your account either because your phone goes AWOL so that you cant do the 2fa method or your debit card got eaten by your pet or something alike, you'll be fine. 

No online wallet is safer then running a full node client on a clean OS when you have three backups and avoid using USB sticks or SSDs.

Without fees on blockchain wallet transactions are very slow, so if you want faster transaction, you have to pay fees. Xapo pays transaction fees, so users can send bitcoins for free. And transactions are fast. And I think in Xapo you also can use 2FA.

I think xapo still safe and working but dont use it as your main wallet better to use electrum  just use xapo for daily transaction for safe and anonymous transaction..

Yes, we can say that Xapo wallet is secure.
But they do not let users see their private keys of Bitcoin wallet, so it's still risky as wallet.

I think it is one of the safest wallet ever online  now.Because of its features it has vault,private wallet and too much pin codes.I think xapo is in the line of safest wallet onlinr.

I have been using Xapo wallet for almost 2 years now and never had a problem. From Xapo to Xapo transactions are also instant, besides you can order a debit card and spend your bitcoins anywhere you want. It is really usefull wallet. I am using it mainly for my faucet list service. I keep the most up-to-date instantly paying Xapo faucets list and if you wish to have a look at it i would be very happy. www.bitcointime.site

Good luck!  ;)

I also use XAPO and also ordered there Debit card so far didn't face any problems. With the mobile app you have 4 digit code protection and when you send Bitcoin by website they ask 2fa code found in mobile app. Only there customer support isn't the most fast one and sometimes it can take ages before they responding. Also they don't block people for gambling big plus something Coinbase not aloud.

You are right about this if you are just using them and do not do something stupid nothing will happen.
Some also got a 2fa way to login and you can as a secure measure also use this.

They are safe but their customer service sucks

Xapo is totally safe in overall since i use it just make it sure that we activates the 2fa so it make more secure but the problem there isn their costumer support theirs sucks my last xapo wallet is been locked and i send some tickets to them so they can fix it but untill now they didnt respond any single words to me, but since theyre doing good wallet service provider i keep using xapo since they give 0 fees in every transactions.

Why full node? IMO, a desktop wallet would serve its purpose without having to back it up every hundred transactions or use a lot of resources. The seed could be written on a piece of paper laminated and placed at different locations. It would probably not suffer a hardware failure. Anyway, there isn't any disadvantage to using SSDs for wallet.

It is safe as long as you don't care storing your bitcoins to some 3rd party online website. Beside that XAPO requires identification documents going against bitcoin philosophy in its core to be anonymous (pseudo anonymous). Why not use a desktop wallet like Multibit HD for newbies or Electrum ? All they need is a clean OS before installing them, and keeping the OS clean even after installing them and of course saving the passphrase to restore them. Compared to them XAPO is less secure as it is  a 3rd party online wallet which take care of your coins while in desktop wallet you are in charge of your bitcoin and thats the way bitcoin is supposed to be, you and only you the owner of the coins to be in charge.

Well, right now it is safe and it has a lot of users especially faucet users. however, anything can happen in the future and no one can really predict where this company is headed to.

So I suggest that if you are storing a large sum of BTC, go for cold storage instead.

if you want to earn from faucet , i think that is no problem if you use xapo, well if faucet pay directly via xapo , nothing you can do

Xapo's customer service is far better than blockchain's customer service,it's like a bike and snail,blockchain.info took about a week or more just to get replied by their customer service,xapo is not that suck if you compare it

I think the wallet is okay and that nothing is wrong with it, they are safe and their service is way better than other wallets at the moment.

The customer service is okay from Xapo's, I must say that its really depending on the person they are helping.
Some have a positive feedback and some a very negative, its also laying about the problem in my eyes.

Xapo sometimes doesn't send the verification codes via the mobile and hence you can be anytime locked out of your account.

It's better to have 3 wallets with 20% of your money stored in each one, so that if you lose access to one at anytime, you don't lose all your coins. Xapo support is good though and it's best used for faucet earnings.

I also experienced problem that sometimes Xapo don't send sms verification code. But it's quite good online wallet. But I don't like that I can't check how much coins totally I received and send due to multiple Xapo wallet adresses.

In my experience the service was just so bad they at first sight not even reacted to my ticket, I'm still angry about it because they have still not resolved my problem completely.

This is saying enough about what he said, and that is that its depending on the person, I never had any problems with the wallet so I also never used their customer service to be honest.

The wallet is safe and can be used, they have outstanding service and I think there never been big problems with them in the overall.
I had good experience and I think a lot of people are also agreeing with it.

I think they are really trusted comapny i sore my Bitcoin ther now since 2 years !
and i own a Bitocin Faucet that pays via XAPO API and it works now since 1 Year great !!!
The bettest think on XAPo is that they charge no fees for transaktions, thats pertty fine for Faucets !
Since newest time they also provide a Credit Card(Master Card) but i not orderet it  will test the Debit Card soon !


kind regards

I do not use wappo wallet because we have a local wallet in our country , i think xapo could be a safe wallet like other people said it is one of the most safe wallet . And it has a very great feature , and its faucets and faucets games , the rewards from there are instantly sent directly to xapo wallet . Ive tried to use it before because of their android game that givea satoshi and it was great .

Never trust an online service with your Bitcoin.

Always store it your self.

im use xapo more than 1year and it's very safe.
the 2fa is very safe , no 3rd aplication to acces 2fa, only sms/call verification or 2fa use xapo android app.

It's safe so far since it enforces 2FA but I only store small amounts there. I use XAPO mainly to receive dust from genesis mining cloud mining. XAPO do not charge transaction fees for sending bitcoins.

Every case and problem is different. I honestly doubt that Blockchain's support has so many tickets pending that it takes a week to respond to their customers.
We can't generalize which support is superior and from my experience the most common problem is bad management/lack of security of users accounts.
And if that is the case - every online wallet provider is the same.

Like in this case:https://bitcointalk.org/index.php?topic=1516588.0 (https://bitcointalk.org/index.php?topic=1516588.0)

Xapo has been the best wallet online currently TBH. They have been dealing with lots of btc everyday and even rewarding their customers with free btc for no work. It can be considered safe, but remember, don't put bitcoins on any online wallet, always use desktop wallet for storing your coins.

I never know that Xapo gives free btc.
Do you mean faucets that are paying directly to Xapo? If so, it is not Xapo who gives free credit, they just offer a free direct payment from those faucet providers

The faucets work like this.
The amount payed comes from the xapo holders (so your XAPO Wallet)

Which makes it easy to enter your XAPO btc address or even user account details, because the transaction stays on the XAPO network.

Xapo is an intuitive and secure Bitcoin wallet system that operates through a browser.
Xapo uses offline servers that are never connected to the internet that give it an edge on other web based wallet systems - i.e. better security through gateway procedures.

Source: https://www.cryptocompare.com/wallets/xapo-wallet/

Maybe now you can be comfortable of using xapo  ;D

But are there independent auditors who could verify their claims? Otherwise its simply a masturbation exercise by XAPO.

Yup xapo is the one of my safest wallet that i know. Nut you should activate their 2FA AND other security method so thst your account is full secured. But what is the cause of XAPO wallet locked? Because my wallet of my friend is locked he didnt know why they locked his account. So im asking here why they locked some account?

It really depends on you, you could transfer it if the amount you have in your Xapo wallet is too big and you feel unsafe with that amount. And desktop wallet could be safer If you worry about your earnings, I suggest only transfer it if it is to big but really depends on you.

These wallets are safe and secure to use due to the fact that it has a great customer service and this wallet is also working very smooth.

Apart from that XAPO is busy with expanding which tells me they are there for the long run. I've got on wallet with them now since I use mainly kraken for deposits and withdrawals to fiat.

Actually, my faith for this wallet gets a little bit finer since they seems trying to improve their customer service by having JessieXapo. She tries to answer some problems posted around the forum and I saw that some people actually posting on how their account problems are now fixed.

check this thread in order if you interested in xapo. its a scam

https://bitcointalk.org/index.php?topic=1529585.0

I confirm, a friend of mine got locked out of his wallet, loosing 3.2 BTC ! no response from xapo since 9 days.

Most people are baited by Xapo Online Wallet service because it offers 'no fee' transactions. But if you are not faucet lecher then transaction fees shouldn't be major concern for you anyway.
After reading many threads with complainants, I am sure it is 99% customers fault that their accounts are frozen.

For example, something you can read in XAPO ToS:

"unless and until you have verified your identity with Xapo, you will not have a legal or beneficial right to these bits from Xapo and may be restricted in your ability to utilize the Xapo Services"

Also: "If you are under 18 years of age, you are not authorized to use the Xapo Services, with or without registering." - Kids go home

And: "you agree not to implement any measures to circumvent such blocking (e.g., by masking your IP address or using a proxy IP address)" - No VPN! No hiding IP.

Or: "any transaction involving illegal products or services is prohibited. Xapo reserves the right to temporarily or permanently suspend your account" - i.e. no gambling

Faucet leechers are everywhere.Don't expect a fauceter to care about their accounts or bitcoins.To start with,XAPO sucks.It shouldn't even exists as a bitcoin wallet service.

Rules,Rules and more fuckin rules.Verify your identity so that you can continue doing anonymous transactions.Don't you think they collide ?

Why ? I don't recall my parents telling me to grow pubes to keep money in my pockets.The entire structure is bad,very bad for bitcoin.If this is not centralization,I don't know what is.People should top using XAPO.

Really sad to see these fuckers trying to centralize everything.

Of course existence of centralized services like Xapo with corporate set of rules and KYC and AML procedures is not Satoshi would endorse.
But we, the community is the reason these wallet services have growing userbase and they will be more and more successful because of that.

As I pointed out - most people don't even read ToS and if their Xapo's account is frozen because they broke the rules of ToS they cry and call it a scam.

Before i use this wallet before but its a worste wallet for me because of delayed loanding and sending verification 1 minutebefore you receive so that why i dont use xapo again i can not log in.. better to choose other wallet blockchain is the best alternative or electrum for better safe..

Yes this wallet is safe and I think you can store your bitcoins safe in this wallet, its just a normal good wallet.
Nothing is wrong with it and it can be trusted!

In my personal experience, I have used Xapo wallet for a whole year and I have enjoyed a lot its service. They have invested huge in improving their security and I am willing to continue relying on them while its service continues working well.

To the users posting here that Xapo is safe, can you please clarify what you mean by safe?

To me, it seems there are two different definitions of safe with regards to online wallets:

1. Safe as in - "The system is secure and hackers can't get into my account and steal my bitcoins because it has 2FA, cold storage vault, insurance etc"
and
2. Safe as in - "They are trustworthy company that will not 'steal' my bitcoins by freezing my account for arbitrary reasons/shutting down the service, as they hold the private keys for all my bitcoins and I have no way to retrieve my coins if they do"


IMHO, Xapo probably fits definition 1, they seem to have the external security stuff worked out. However, no one can prove (or disprove) that they fit into definition 2. This doesn't just apply to Xapo, this applies to pretty much any online wallet that doesn't give you full control of the private keys.

Ask yourself, how much money would you hand a stranger and ask them to look after it for you? If the answer is less than you currently have in Bitcoins in an online wallet, you probably want to get yourself a desktop/offline/hardware wallet that you control.

With safe most of them mean the infrastructure XAPO has. But being into bitcoin for a long time we all know it's know it's never safe to use online wallets, exchanges for storage of your bitcoins. That's why i never advice to hold more then .5 bitcon at any place online.

I have made multiple transfers and actions through the Xapo wallet smoothly so far, and although I also have other available wallets to move my bitcoins, most of my coins are stored in Xapo. Yes, it is true that overconfidence is never a good deal, but I really find my xapo wallet very useful for me and I hope this good service remains for long.

Since you haven't got any replies from crap posters,let me answer you on their behalf (reduced by IQ level to -10 for a minute)

What if your xapo account along with your email id is hacked ? No one can stop them.What if you run a script by mistake and or on purpose which changes your xapo copy paste address to theirs ? Very vulnerable,online wallets aren't safe.

They still have your private keys? You believe them just because they told you to?Looking at it technically,its not even your wallet,its a 3rd party wallet where you'd be hosting your coins.

Correct.Moreover,you can never prove that.

I think they are safe and they are good, I used them a while aga and I'm pretty happy with them.

It of course stays a online wallet but it can be trusted and is good for sure people.