yea they pretty much are. if you try to withdrawl a small (unspecified) amount you just lose it, and they wont pay you back. i guess if you dont want a desktop wallet and you are dealing with large amounts of bitcoins its good. they prey on people that sign up for bitcoin faucets and dont read the fine print. bottom line, if you dont want to store your btcs in xapo permanently DONT use store them there at all. i just lost a who payout to them.
It's not very clear what you mean by "they wont pay you back", but I'm happy to help you out. I'm sending you a PM so I can get your account details and create a support ticket for you. It's been made pretty clear throughout this thread that our legitimacy is not in question. We gain nothing out "preying on people that sign up for bitcoin faucets".I don't use a Xapo wallet, but I've heard people say that Xapo (like Coinbase) doesn't require its users to pay the transaction fees. Here's my question, does Xapo pay the fees for its users, or just sends bitcoins to other wallets outside Xapo without paying the fee at all?
