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Author Topic: what do you think about xapo.com  (Read 4789 times)
hendra147
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August 07, 2015, 05:38:33 PM
 #21

ummmm
XAPO is  the bad one wallet bitcoin  Cheesy
he give you free bits for sign up, after it you will use xapo and deposit some bitcoin

xapo will  uses your funds until you pull it and we not know what he did with our balance
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August 07, 2015, 06:08:14 PM
 #22

Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection. Xapo is known for having reasonably advanced privacy and security features, especially for a web-based wallet. The company supports payments through a debit card system, making it easy to spend your Bitcoins. The app is also friendly for newbies, so if you’re new to Bitcoin, give Xapo a close look.

Pros: Xapo debit card system allows you to use Bitcoin ATMs and spend at merchants across the world.

Cons: Web-based wallets face extra security threats, and you won’t be able to manage your Bitcoins without a Internet connection.

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August 07, 2015, 06:38:08 PM
 #23

they are legit, heavily invested, with nice looking website..but:

I came to bitcoin, because I want to be the one, who holds all accesses to my "money", without any 3rd party institution, another registration or mails. For me it is "better" web-wallet with all possible cons. I simply don't see any reason to use such service, if there is any, feel free to educate me here:)
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August 07, 2015, 06:38:44 PM
 #24

xapo is easy to use lightweight and secure what more could you need from a wallet lol

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August 07, 2015, 06:40:31 PM
 #25

xapo is easy to use lightweight and secure what more could you need from a wallet lol

ownership. by using such service you simply believe to somebody else, to some person or persons, which you never met before and you don't even know his name. you believe in country, where servers are located and to some security team which is protecting them. well...is better to believe yourself than others in money questions. At least based on my experience..
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August 07, 2015, 07:29:16 PM
 #26

Xapo is a trustworthy payment processor but the confirmation time taken is more than blockchain. The only good thing for me is that it does not charge any fee as compared to blockchain. It requires phone verification which makes it more reliable compared to blockchain as there is a 2FA authentication method to stop any fraudulent transactions.

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August 08, 2015, 03:34:49 AM
 #27

they are legit, heavily invested, with nice looking website..but:

I came to bitcoin, because I want to be the one, who holds all accesses to my "money", without any 3rd party institution, another registration or mails. For me it is "better" web-wallet with all possible cons. I simply don't see any reason to use such service, if there is any, feel free to educate me here:)

What I do is use a multi-pronged setup:

I use important coins = cold wallet
Medium-term = Coinbase
Short-term = Xapo, Circle

This allows for easier access, while using each of the services like they were designed.

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August 08, 2015, 03:42:03 AM
 #28

it's good & useful if u use faucet there r some pay directly to it
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August 08, 2015, 04:00:12 AM
 #29

Always research and compare...

There's Xapo, Bit-X, CCEDK, and probably a few others.

Verification is required to get higher limits but as a simple bitcoin debit card it's the easiest tool to purchase with your bitcoins, just like a credit card...

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August 08, 2015, 10:00:38 AM
 #30

I'm pretty skeptical about Xapo. Reason is here, read these news:

Judge: Fraud case vs. Xapo CEO can proceed: http://fortune.com/2015/07/06/judge-fraud-case-vs-xapo-ceo-can-proceed/
LifeLock Sues Xapo Executives Over Bitcoin Wallet: https://bitcoinmagazine.com/20695/lifelock-sues-xapo-executives-bitcoin-wallet-intellectual-property/
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August 08, 2015, 05:56:06 PM
 #31

I stopped using it when it asked for my ID and other personal information like that. Wasn't willing to give that when there are many other alternatives that don't ask for it your privacy is very low compared to other wallet like blockchain.info
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August 08, 2015, 09:10:29 PM
 #32

I hate xapo,because need id verification+real adress,mobile phones,every login,phone verification.
But this site is safe,and fast.

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August 09, 2015, 06:38:37 PM
 #33

I'm pretty skeptical about Xapo. Reason is here, read these news:

Judge: Fraud case vs. Xapo CEO can proceed: http://fortune.com/2015/07/06/judge-fraud-case-vs-xapo-ceo-can-proceed/
LifeLock Sues Xapo Executives Over Bitcoin Wallet: https://bitcoinmagazine.com/20695/lifelock-sues-xapo-executives-bitcoin-wallet-intellectual-property/

yep, that's exactly the reason why I'm not using XAPO at the moment. I like their easy wallet (as a hot wallet), but their future is very open in my opinion.

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August 10, 2015, 12:48:15 AM
 #34

I don't like xapo wallet. I use it because some faucets pay directly to this wallet. But I don't use it for my main bitcoin jobs.

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August 10, 2015, 12:51:11 AM
 #35

There is too much validation involved with XAPO.  I use electrum instead.
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August 10, 2015, 03:35:44 AM
 #36

I'm pretty skeptical about Xapo. Reason is here, read these news:

Judge: Fraud case vs. Xapo CEO can proceed: http://fortune.com/2015/07/06/judge-fraud-case-vs-xapo-ceo-can-proceed/
LifeLock Sues Xapo Executives Over Bitcoin Wallet: https://bitcoinmagazine.com/20695/lifelock-sues-xapo-executives-bitcoin-wallet-intellectual-property/

yep, that's exactly the reason why I'm not using XAPO at the moment. I like their easy wallet (as a hot wallet), but their future is very open in my opinion.

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

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August 10, 2015, 11:33:29 AM
 #37

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?
hakanbalta577
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August 10, 2015, 11:37:04 AM
 #38

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

Which online bitcoin wallets are good? Can you explain why?
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August 10, 2015, 11:41:51 AM
 #39

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

Which online bitcoin wallets are good? Can you explain why?

Generally I don't suggest any online wallet, but if you are a newbie you should start with Blockchain.info.
Never put big BTC's in online wallets. Just use them for micro payments.
hakanbalta577
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August 10, 2015, 11:45:41 AM
 #40

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

Which online bitcoin wallets are good? Can you explain why?

Generally I don't suggest any online wallet, but if you are a newbie you should start with Blockchain.info.
Never put big BTC's in online wallets. Just use them for micro payments.

Thanks your answer. If someday I have big btcs, I will not put in online wallet.
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