Xapo Scam?

[dollarneed]

Well after reading this thread, i have cashout all of my bitcoin to blockchain again even though it's not a lot of bitcoin but i think  it's better if we used wallet where we can controll the private key , and the most important no one can't froze your money or your account.
For op i wish you will get your money back and your problem is solved. However i don't think that they will turned to scam, just hoping the best for you and for them.

[socks435]

Honestly i stop using xapo because i can not login to my account even my password is correct and most of my problem is verification code that you can receive via sms always wrong when i copy paste the confirmation code.. i can not login i contacted the support but it takes a long time before i receive any reply.

[Hazir]

Well after reading this thread, i have cashout all of my bitcoin to blockchain again even though it's not a lot of bitcoin but i think  it's better if we used wallet where we can controll the private key , and the most important no one can't froze your money or your account.
For op i wish you will get your money back and your problem is solved. However i don't think that they will turned to scam, just hoping the best for you and for them.

If you still looking for an online wallet then I guess blockchain.info is way more better - I never heard about any kind of blocked or suspended blockchain.info's account.
You can also copy your private keys (in many ways) and store it (encrypted or not) online (dropbox), made paper wallet or export it to Multibit or Bitcoin Core.

[BitcoinSupremo]

Hello,

i have problems with Xapo since over 2 weeks.
First they wanted verification after i had 420$ on the Wallet. I send them all and they closed my Account.
After that i send them my Bitcoins adress that they send my money to this wallet.

THIS IS OVER 2 WEEKS AGO... They said max. 7 Days.

When i ask for a payout they always send me the same message.

Hi XXXXXX,

Thanks for giving us an external bitcoin address! We can certainly close your account and give you a refund. We process refunds every 7 days and that is when we will send your balance of 0.68
 BTC to XXXXXXXXXXXXXXXXXXX

Please note that your account will be closed and your Xapo wallet addresses will be blocked from now on. If you were using Xapo addresses to receive bitcoin, you will no longer be able to use these so please make sure that you do not send any more funds to any Xapo addresses - thank you!

Did you also have Problems with Xapo?

Why I am not surprised to see Xapo blocking any account they like without giving even a single sound explanation? Because that's what XAPO does. I am sorry for you OP but the only choice I can give you is to move to desktop wallets such as electrum and Multibit.

If you use XAPO for convenience to use it wherever you are (not the same can be said for all desktop wallets) I suggest you use only the Mycellium wallet in Android or iOS phone.

That's the best you can do.