When did Xapo turn to sh*t?

[BitHodler]

I never had good experience with them before and will not recommend anyone to use xapo as their bitcoin wallet. They are just like paypal and your account can be frozen/blocked overnight without any notice.

I never used xapo, even when they were paying fees for user's withdrawal. i don't trust wallets/services like those. i always use a wallet which i have full control of, so should everyone!

Xapo was from the very beginning a wallet service that attracted mainly faucet farmers, due to the free external transactions that they offered as benefit.

This wallet service made sure that people could easily spend their faucet dust, but now free external transactions are no longer part of the deal, these cheapskates have to look for an alternative.

People that really value their coins, take care of the storing aspect themselves, and thus don't need centralized wallet services to do it for them ~ that's why these services attract mainly noobs.

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[moooonu]

I never had good experience with them before and will not recommend anyone to use xapo as their bitcoin wallet. They are just like paypal and your account can be frozen/blocked overnight without any notice.

I never used xapo, even when they were paying fees for user's withdrawal. i don't trust wallets/services like those. i always use a wallet which i have full control of and everyone should do the same.

As per my use of capo wallet I haven't faced any problem  with my account yet. Withdrawals are very fast and the app make it more handy and useful.

[arpon11]

Op think you should try and contact there customers care in other to find out what really happened to your wallet as I know xapo is a reliable wallet provider and i have never have problem with their services. As we all know xapo is in usa and usa is have alot of financial regulations laws this days.

[BitcoinPC]

What happened to Xapo?

It's been a few years since i've been into the wallet I have there and now they have no record of my wallet or account. What shit!? Fortunately I only had dust in there, but it's still a shitty move on their part.

On top of that, in the process of remobilizing their mobile app they require I take a selfie for "added security".

When did this wallet turn into a joke?

Here's what happened.  There were at least three micro wallet services and they did various things, but after some time there main focus became catering to and even hosting the faucet world.  After a while the faucets became less and less popular because there really wasn't any money there, the payouts were tiny and worthless and too hard to deal with.

[Oralmat]

What happened to Xapo?

It's been a few years since i've been into the wallet I have there and now they have no record of my wallet or account. What shit!? Fortunately I only had dust in there, but it's still a shitty move on their part.

On top of that, in the process of remobilizing their mobile app they require I take a selfie for "added security".

When did this wallet turn into a joke?

Here's what happened.  There were at least three micro wallet services and they did various things, but after some time there main focus became catering to and even hosting the faucet world.  After a while the faucets became less and less popular because there really wasn't any money there, the payouts were tiny and worthless and too hard to deal with.

One micro wallet site held out for some time and then finally shut down, before that they offered a few new services, but the new traffic was not there.  Xapo held out became what they are now to try to stimulate the faucets again and make money in any way they can.  A few other sites built upon the faucet concept and added new bells and whistles and brought a lot of traffic back. 

[Immakillya]

Expect that on online wallets. Im using Xapo wallet for months but decided to use SPV wallets. Atleast on SPV wallets, i can assure my funds are in my control. What i hate about online wallets. You have no control on your private keys. Also be a victim of selective scamming. I've read a lot of incidents of selective scamming. That's why i stay away from them.

[oaz7t]

Its bad that xapo turned into shit like that. Heard that it was amamzing wallet at a glance and here i xome and read abou its shit terms. Lolz. No problem just leave it and switch to many others out there before wasting time.

[eaLiTy]

Sad to say XAPO's days are over, at first they were for free when bitcoins value was still low but when it skyrocketed its transaction fees went to the moon as well. I had a couple of btc's left in my xapo but I'm still thinking twice withdrawing them and transferring them because of the mining fees they changed just recently.

You claim to have a couple of bitcoins in your xapo wallet and yet you are hesitant because of the mining fees they are charging,hope you know that they are charging around 0.002 btc as network fees  which is like a couple of dollars worth of coins,make things straight dude,you are making me crack.
I am using it for a long time and apart from the high network fees they are charging i never had a problem,till then i am happy to store a few dollars worth of coins.

[Hazir]

There is no need to use online wallets anymore. In the past when Coinbase and Xapo offered free bitcoin transaction it was understandable that some users preferred this option.
Now, when bitcoin transaction fees are ridiculously high and no online wallet would be able to pay them for their users, there is no need to use Xapo anymore.
Why do you need to use Xapo when there is mobile version of Electrum available in the first place.

[deisik]

There is no need to use online wallets anymore. In the past when Coinbase and Xapo offered free bitcoin transaction it was understandable that some users preferred this option.
Now, when bitcoin transaction fees are ridiculously high and no online wallet would be able to pay them for their users, there is no need to use Xapo anymore.
Why do you need to use Xapo when there is mobile version of Electrum available in the first place.

Fees are important but they are not the only factor at play here

Web wallets provide ease of use, but please don't tell me that desktop wallets are as easy. That will never be the case. You have to install them, you have to back up them, you have to learn them, after all. With web wallets all these things are hidden from the user and done by someone else. The user just needs to remember his login and password, and if he uses Internet, this is what he is already used to. I don't even mention the security of web wallets. Yes, they can scam and they can get hacked, but I'm dead sure that an average user cannot secure his desktop to safely use a desktop wallet