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Author Topic: Xapo Scam?  (Read 174 times)
Quimby88 (OP)
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January 11, 2018, 12:58:34 AM
 #1

Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"
mexicantarget
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January 11, 2018, 01:43:46 AM
 #2

Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"

Quote
I have a few bucks there

Quote
fatal error - cannot load fees

The transaction costs more than the "few bucks" you have in your balance.
Quimby88 (OP)
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January 11, 2018, 11:14:13 AM
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Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"

Quote
I have a few bucks there

Quote
fatal error - cannot load fees

The transaction costs more than the "few bucks" you have in your balance.

Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo,  transaction fee is $30 Cheesy
mexicantarget
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January 11, 2018, 01:43:30 PM
 #4

Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"

Quote
I have a few bucks there

Quote
fatal error - cannot load fees

The transaction costs more than the "few bucks" you have in your balance.

Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo,  transaction fee is $30 Cheesy
They need to keep high fees so their users get funds fast when withdrawing.
It's undestandable tbh. BTC wise, fees have remained the same, it's the $ price that is causing issues.

I'd suggest everyone withdraw from sites/services in general when BTC price drops, so you can save money on fees.
jclick
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January 11, 2018, 06:13:41 PM
 #5



Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo,  transaction fee is $30 Cheesy

Xapo have two options , with two fees. Do you want Instant Transaction which means approx 20-30 Minutes then fees is around 0.0012 BTC and for 7-8 Hours transaction fees is around 0.0003-0.0007 depends on what amount of btc is going to be in transaction.

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speedup-faucet.com
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January 11, 2018, 06:51:17 PM
 #6



Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo,  transaction fee is $30 Cheesy

Xapo have two options , with two fees. Do you want Instant Transaction which means approx 20-30 Minutes then fees is around 0.0012 BTC and for 7-8 Hours transaction fees is around 0.0003-0.0007 depends on what amount of btc is going to be in transaction.

I don't think xapo has transaction fees below 0.001 btc nowadays.
Check this out:
https://in.xapo.com/fees/

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