Topic: How is XAPO getting away with this bull*hit?! - page 3. (Read 4079 times)
Outrageous , Just cancelled my account with them and withdrew all my bitcoins besides the paltry 50bits and a transaction fee.
Same as credit card.
That kind of show people only the benefactor of the profit is switching when we all use bitcoin rather than FIAT. Nothing really changes.
That kind of show people only the benefactor of the profit is switching when we all use bitcoin rather than FIAT. Nothing really changes.
I just canceled by debit card. Fees are exorbitant and not competitive at all.
Yeah that is bullshit to be fair. I will certainly not be using any card with fees like that.
Minimum 50p charge for checking your balance, and £2.50 for taking money out - even banks would lose customers if they tried pulling that shit!
Minimum 50p charge for checking your balance, and £2.50 for taking money out - even banks would lose customers if they tried pulling that shit!
Oh noez Free Market
I am not 'boycotting' them, but I certainly will not be using the card with those kind of ridiculous fees. One clear problem Bitcoin has with operating purely in a free market is that only private companies will progress Bitcoin for a profit, thereby creating fees Bitcoin was designed to avoid 
For about 3 months they were clearly stating in their debit card FAQ that there will be NO FEES. Just $15 to get it shipped and then NOTHING.
Now that they started shipping, suddenly you can see this in the FAQ:
http://help.xapo.com/95219-What-fees-are-associated-with-the-Xapo-Debit-Card
For the too lazy to click a link, the fees are exorbitant and are for everything! Even some made-up sh*t that no other card charges you.
How come, supposedly serious company, with 40M in funding (the biggest funding so far in bitcoin world with bitpay just behind them with 33M) do such bitch like tricks?
What's the point of claiming it will be free for 3 months just to turn around 2 days after shipping the product and cut your users heads with crazy fees?
How are the serious and with good names VC companies behind them allowing that?
I had big hopes for them, but they are worse than bank now and started by making them the most hated company in the bitcoin world.
I say we boycott them and show them that they can get their bit*h a*s, corporate tricks back to their corporate world.
Now that they started shipping, suddenly you can see this in the FAQ:
http://help.xapo.com/95219-What-fees-are-associated-with-the-Xapo-Debit-Card
For the too lazy to click a link, the fees are exorbitant and are for everything! Even some made-up sh*t that no other card charges you.
How come, supposedly serious company, with 40M in funding (the biggest funding so far in bitcoin world with bitpay just behind them with 33M) do such bitch like tricks?
What's the point of claiming it will be free for 3 months just to turn around 2 days after shipping the product and cut your users heads with crazy fees?
How are the serious and with good names VC companies behind them allowing that?
I had big hopes for them, but they are worse than bank now and started by making them the most hated company in the bitcoin world.
I say we boycott them and show them that they can get their bit*h a*s, corporate tricks back to their corporate world.
Jump to: