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Author Topic: Xapo or Coinbase ? Which is better and Why ?  (Read 11508 times)
Herbert2020
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March 18, 2016, 09:38:44 AM
 #21

both of them are bad services for me, i always prefer a wallet that i have access to private keys if anything happens i can have my bitcoins.

but if i have to choose between these two i would choose Coinbase. the services they both offer are somewhat similar so there is no difference for me there so i choose Coinbase because it is an older more popular service and i like the looks of the site.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 18, 2016, 01:31:41 PM
 #22

Xapo, Inc  = a Delaware, US company who is operating financial services.

Xapo, Inc is NOT registered as money transmitter in Delaware nor in any other stare, so it is operating illegally.

For reference, Coinbase is operating in Delaware, USA as well but this is their license  :  https://www.coinbase.com/static/licenses/delaware.pdf

Coinbase is not offering great services at all but they are...legal.

Now, it depends what you want. I saw that many people are exchanging  BTC on forums. It's your option but between Xapo and Coinbase, Coinbase is financial licensed, Xapo is NOT Smiley
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March 18, 2016, 02:57:44 PM
 #23

If you like to gamble with your Bitcoin don't use Coinbase. They blocking people for gambling like you can read on this forum.
Yes, both coinbase and Xapo are good in my experience. One of my friend has suggested for xapo to use bitcoin for gambling, you do not need to pay any fee for sending money from your Xapo wallet. There are other a number of options also for that purpose.
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March 18, 2016, 04:32:19 PM
 #24

Coinbase is the better service. But be careful - they comply with US regulations, so they monitor where you send your coins. Don't use them to send coins to a gambling destination for instance. Just use coinbase for normal shopping and another wallet for everything else.

 
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March 18, 2016, 05:45:45 PM
 #25

Hi,

I have heard Xapo and Coinbase are the two best online wallets.
I just need to know if you were to choose between them, which one you will go for and why?

You can also share good and bad experiences with both wallets so it can help us decide which one to use.

Thanks

First of all they're not online wallets, they're wallet service providers, there's a difference, with a wallet you'd have the private keys, both Xapo and Coinbase don't give you your private keys, so if for some reason their site is offline, you wouldn't be able to access your funds.

If you must use an online wallet then Bitgo might be a safer choice, although I'd recommend you to not use any web-wallets but use a desktop one like electrum/multibit/core etc.
Yes, wallet service providers websites are for newbies only, if you have more bitcoins then go to the desktop wallets, you can easily learn about it on google and youtube videos and can easily adopt it.

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March 19, 2016, 06:44:26 PM
 #26

I'll go with xapo. my preferred bitcoin wallet, I just love xapo because it is very secured and trusted, every time when we do a transaction xapo automatically change our btc address and gives us a new btc address for better security. I just love this part of xapo. I used both of them and found xapo is much better then coinbase.
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March 19, 2016, 09:41:09 PM
 #27

I would say Coinbase is better. Xapo sometimes delays a transaction and also it fails o broadcast a transaction sometimes.

Meanwhile Coinbase's vault is much better than Xapo. Easy and quick to be precise.
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March 19, 2016, 10:15:21 PM
 #28

I would say Coinbase is better. Xapo sometimes delays a transaction and also it fails o broadcast a transaction sometimes.

Meanwhile Coinbase's vault is much better than Xapo. Easy and quick to be precise.
Yes I noticed that just yesterday as well. There was a Delay in receiving even the security notification so you can sent the bitcoins in the first place. It has to be cancel 3 times before it was sent to me. Annoying when you are sent a lot of coins.

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March 20, 2016, 10:42:01 AM
 #29

Coinbase. Xapo is for faucet farmers, who make a couple of cents a week. Disgraceful. No one should stoop down that low.

I'll go with xapo. my preferred bitcoin wallet, I just love xapo because it is very secured and trusted, every time when we do a transaction xapo automatically change our btc address and gives us a new btc address for better security. I just love this part of xapo. I used both of them and found xapo is much better then coinbase.

Except this guy.

1. Coinbase does change its addresses after every TX, although this does not make it safer in any way.
2. Did you just call Xapo trusted? It's the backbone of a faucet network filled with viruses.
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March 20, 2016, 01:57:18 PM
 #30

Why go with a company when there are better options under your control? Look at the terms and condtions those guys have published. It makes for an alarming read.
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March 20, 2016, 02:02:00 PM
 #31

Hi,

I have heard Xapo and Coinbase are the two best online wallets.
I just need to know if you were to choose between them, which one you will go for and why?

You can also share good and bad experiences with both wallets so it can help us decide which one to use.

Thanks

Both are good, both offer good services including xapo which has bitcoin debit cards, but both of them do not offer you the private key of your address which means that you do not control 100% your bitcoins, sometimes i use coinbase as they have the mobile client.
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March 20, 2016, 02:59:49 PM
 #32

Why go with a company when there are better options under your control? Look at the terms and condtions those guys have published. It makes for an alarming read.

I agree.
If you look at their TOS both companies suck. I use Coinbase but only for the wallet service they provide.
With CC i am anxious to use any party when it comes down to bitcoin.
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March 20, 2016, 04:53:00 PM
 #33

Xapo's support is kinda bad but once i heard that online wallets are not safe because they only provided you with a wallet address no private key. When they go offline or down, you have absolutely no access to ur btc. I prefer electrum/bitcoin core
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March 20, 2016, 10:30:50 PM
 #34

Xapo's support is kinda bad but once i heard that online wallets are not safe because they only provided you with a wallet address no private key. When they go offline or down, you have absolutely no access to ur btc. I prefer electrum/bitcoin core
I totally agree that is true that once they are gone so are your coins. No private key accessible on Xapo site.
I recently have this happen with another site but luckily they provide a place to get your private key.

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March 20, 2016, 10:35:30 PM
 #35

My first wallet was coinbase. I changed to Xapo and i am very happy with this decision. I think Xapo suits me better for 2 reasons. First; i use faucets and Xapo faucets are faster to claim from and usually don`t use anti-bot links and they also pay instantly. Second; Xapo is providing Bitcoin debit card which means you can spend your Bitcoins anywehere regular card payments are accepted.

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July 29, 2017, 03:55:37 PM
 #36

So Xapo just announced that will help members decide for BTC or BCC in case a fork happens and Coinbase says it will only support the strongest coin.

I am planning in moving some funds to Xapo, seems the better option for this happening, don't you guys think?

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July 29, 2017, 04:11:07 PM
 #37

So Xapo just announced that will help members decide for BTC or BCC in case a fork happens and Coinbase says it will only support the strongest coin.

I am planning in moving some funds to Xapo, seems the better option for this happening, don't you guys think?

Choices are made between two competitive items not when one is far relevant than other. It would be nothing less than stupid choosing BCC being Bitcoin user, however for miners both coins can be profitable in long run.
So this one fork can't determine Xapo to be better than Coinbase. Coinbase is much more reputable company with 7.5M users on its side.
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July 30, 2017, 07:28:44 PM
 #38

Following the qualities and satisfaction I'll definitely choose Coinbase. In details, Coinbase fully based on exchange service, it offer also wallet and reasonable transaction.

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July 30, 2017, 11:35:32 PM
 #39

Well base on my own experience coinbase is much more safe much more easily to use and  sometimes i am experience of buggy n coinbase but fixing after reporting delay in support but its still ok unlike xapo that their wallet is too buggy and now i can even login to their xapo wallet the verification code is delayed or it takes few hours before you can receive the code that is why  can't even login their wallet anymore well my bitcoin in xapo is just a small amount..



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July 30, 2017, 11:38:52 PM
 #40

Xapo's support is kinda bad but once i heard that online wallets are not safe because they only provided you with a wallet address no private key. When they go offline or down, you have absolutely no access to ur btc. I prefer electrum/bitcoin core
I think you got it wrong as I have experienced that xapo support is more better than coinbase while coinbase is not working better support wise. They do not reply to the issues that much faster as xapo is doing. That is why I will go for to support xapo in that case. They also are very good in manners and in their rules than coinbase.
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