Is Xapo a scam?? - page 7. | Bitcointalksearch.org

Xapo

member

Activity: 80

Merit: 10

Quote from: funtotry on February 03, 2015, 12:16:59 PM

Quote from: Ab-Soul on February 03, 2015, 09:16:49 AM

It's not scam but I wouldn't use it. Remember inputs.io and never trust online wallets.

Yes you are correct. With xapo, its not actually owned by you, you can't take the private key of your wallet, and they could cut you at any time. The funds are not yours, its just a random number in a system which isn't transparent.
Always be careful when dealing with online wallets, other than blockchain.info

I think the mentality that we can't trust anyone, including well-funded companies with experienced teams who have established a reputation like Coinbase, BitPay, Xapo, and Bitstamp (who despite the hack, didn't cost a single user a penny), hinders the progress of bitcoin. I totally understand bitcoin users who do not want to use online 3rd party wallet providers, they have their reasons, many of which are completely legitimate, but to say keeping your bitcoins with Xapo is like a disaster waiting to happen, is not fair when you consider the alternative. A lot of people trust Xapo more than they trust their ability to not lose a paper wallet, for example. There is no fail-safe solution, but at least Xapo has invested a lot more money into a security architecture than the people who write-off third party wallet providers.

funtotry

sr. member

Activity: 420

Merit: 250

Ever wanted to run your own casino? PM me for info

Quote from: Ab-Soul on February 03, 2015, 09:16:49 AM

It's not scam but I wouldn't use it. Remember inputs.io and never trust online wallets.

Yes you are correct. With xapo, its not actually owned by you, you can't take the private key of your wallet, and they could cut you at any time. The funds are not yours, its just a random number in a system which isn't transparent.
Always be careful when dealing with online wallets, other than blockchain.info

Ab-Soul

hero member

Activity: 647

Merit: 500

The Operating System for DAOs

It's not scam but I wouldn't use it. Remember inputs.io and never trust online wallets.

Xapo

member

Activity: 80

Merit: 10

Quote from: frant100 on January 30, 2015, 04:49:34 PM

cant use xapo unless your fully verified and they only accept passport or government issued id cards as verification (whats wrong with driving licence. I live in uk we don't use id cards, apart from to prove your old enough to buy a pint) all they ask for is a number no photos of the id.
so fuck them if they cant do a proper verification process I wont use them
I SMELL SCAM be aware of immigrants with your name
oh and their website runs like a bag of shit
when they declined my verification they said:-
We were not able to verify the information you provided and are unable to enable full functionality for your account. For more information, please see our identity verification frequently asked questions.

they should provide a reason so I can correct it not point me to some useless faq that only says you cant use if you don't verify. it provides no other usefull information as to how to get verified

oh and "unable to enable full functionality for your account" don't they mean any funcionallity?(not full functionality) not even an online wallet that can be used outside of the fiat world?

A current driver's license IS considered a valid Government Issued ID. Common reasons why Xapo is unable to verify a user's identity include the following: discrepancies in repository information, incomplete information, recent changes in your address, or other data points used in our screening process. Additionally, please see our frequently asked questions regarding trust and privacy: http://support.xapo.com/trust-and-privacy.

Mitchell

copper member

Activity: 3948

Merit: 2201

Verified awesomeness ✔

I got my Xapo debit card without being fully registered. Yes, I had to fill in my basic details, but they never requested an ID. I have used the Xapo debit card and it works great, just like their app. Their website? Not so much. It's very confusing (for example the buying Bitcoins part) and sometimes so slow that I have to login again before I can do something, which is quite annoying.

All my support questions have always been answered within 24 hours so I'm a happy customer at Xapo.

funtotry

sr. member

Activity: 420

Merit: 250

Ever wanted to run your own casino? PM me for info

Xapo is definitely not a scam, I used to use their vault and regular wallet and was very fast and support was very quick to respond as well when the transfer took more than 24 hours. I heard that the fees were lowered or remove for their vault.

Timbits

newbie

Activity: 36

Merit: 0

There terrible run

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

so i guess my above post is not going to get answer regarding the question on verification

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

Quote from: frant100 on January 30, 2015, 04:49:34 PM

cant use xapo unless your fully verified and they only accept passport or government issued id cards as verification (whats wrong with driving licence. I live in uk we don't use id cards, apart from to prove your old enough to buy a pint) all they ask for is a number no photos of the id.
so fuck them if they cant do a proper verification process I wont use them
I SMELL SCAM be aware of immigrants with your name
oh and their website runs like a bag of shit
when they declined my verification they said:-
We were not able to verify the information you provided and are unable to enable full functionality for your account. For more information, please see our identity verification frequently asked questions.

they should provide a reason so I can correct it not point me to some useless faq that only says you cant use if you don't verify. it provides no other usefull information as to how to get verified

oh and "unable to enable full functionality for your account" don't they mean any funcionallity?(not full functionality) not even an online wallet that can be used outside of the fiat world?

wait back up what do you mean you cant use a driver license to verify? I am in the USA and i dont travel out of country anymore so i do not need no passport so no reason to spend $300 for a 6 year book i wont use. Also i have never heard of a national travel id card, atleast not in the USA so must be something from your area. I only have driver license and i am sure that is what like 99% of americans use

frant100

sr. member

Activity: 349

Merit: 250

cant use xapo unless your fully verified and they only accept passport or government issued id cards as verification (whats wrong with driving licence. I live in uk we don't use id cards, apart from to prove your old enough to buy a pint) all they ask for is a number no photos of the id.
so fuck them if they cant do a proper verification process I wont use them
I SMELL SCAM be aware of immigrants with your name
oh and their website runs like a bag of shit
when they declined my verification they said:-
We were not able to verify the information you provided and are unable to enable full functionality for your account. For more information, please see our identity verification frequently asked questions.

they should provide a reason so I can correct it not point me to some useless faq that only says you cant use if you don't verify. it provides no other usefull information as to how to get verified

oh and "unable to enable full functionality for your account" don't they mean any funcionallity?(not full functionality) not even an online wallet that can be used outside of the fiat world?

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

Quote from: Xapo on January 29, 2015, 11:26:54 AM

Quote from: Surger on January 29, 2015, 08:59:59 AM

why you think that xapo is spam?
i dont hear any bad news about them
it's a kind of wallet..
Maybe it will be scam but not now..

Surger, I can assure you, Xapo is not a scam, and it never will be. You should read about the company, our products and development, which Venture Capitalists have backed us, and the history of our Founder and CEO. That should answer any doubts related to the legitimacy of Xapo.

you know people are always going to have issues no matter what is said or shown, you just have to continue to provide excellent customer service, top notch security and deff have cold and warm wallets

Xapo

member

Activity: 80

Merit: 10

Quote from: Surger on January 29, 2015, 08:59:59 AM

why you think that xapo is spam?
i dont hear any bad news about them
it's a kind of wallet..
Maybe it will be scam but not now..

Surger, I can assure you, Xapo is not a scam, and it never will be. You should read about the company, our products and development, which Venture Capitalists have backed us, and the history of our Founder and CEO. That should answer any doubts related to the legitimacy of Xapo.

Surger

full member

Activity: 238

Merit: 100

why you think that xapo is spam?
i dont hear any bad news about them
it's a kind of wallet..
Maybe it will be scam but not now..

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

Quote from: Snatdard usre on December 11, 2014, 02:14:50 PM

When I try to send some btc from my Xapo wallet, I always get a "You don't have enough funds to send the amount entered.", though there are surely enough funds. I have $43 stuck there, not much, but still a gift for scammers. No reply from support, too. Anyone had the same issue?

I don't see people complaining about it to be honest , and they seem to be expending everywhere and getting known too.
so pretty sure that it's not a scam company , just wait sometime and try again later or they simply have some fees and you don't have enough to send + pay the fees in the same time .

~ Madness.

paulsonnumismatics

sr. member

Activity: 265

Merit: 250

Honni Soit Qui Mal i Pense

Quote from: rammy2k2 on December 11, 2014, 04:09:33 PM

i heard and readed only bad things abt xapo ; i dont say they are scam, but for sure they dont provide good service

Ok, then you can contrast here with my experience: Flawless service to me so far, Customer Service sometimes answer in minutes, just two times something didnt worked properly. I have recommended the wallet app to my friends and thats the first wallet they are actually understanding to use.

But thats my experience, of course.

Shrishti

newbie

Activity: 56

Merit: 0

Quote from: DARKANGEL6415 on January 28, 2015, 01:40:23 PM

Quote from: Shrishti on January 28, 2015, 08:48:55 AM

There are many faucets offering double the amount if you use Xapo and even offering when you even register a xapo account,i am sure it will prove itself a scam in the near future once lots of btc gets stored in it.. no other wallet's have such promotion's, And we can't even register without a Credit/debit card..as it requires pin.

Micro wallet and Faucet.org are the safest to store bitcoin and online wallet's we can trust.

lets hope you are wrong Cry

Ok.

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

Quote from: Shrishti on January 28, 2015, 08:48:55 AM

There are many faucets offering double the amount if you use Xapo and even offering when you even register a xapo account,i am sure it will prove itself a scam in the near future once lots of btc gets stored in it.. no other wallet's have such promotion's, And we can't even register without a Credit/debit card..as it requires pin.

Micro wallet and Faucet.org are the safest to store bitcoin and online wallet's we can trust.

lets hope you are wrong Cry

Shrishti

newbie

Activity: 56

Merit: 0

There are many faucets offering double the amount if you use Xapo and even offering when you even register a xapo account,i am sure it will prove itself a scam in the near future once lots of btc gets stored in it.. no other wallet's have such promotion's, And we can't even register without a Credit/debit card..as it requires pin.

Micro wallet and Faucet.org are the safest to store bitcoin and online wallet's we can trust.

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

Quote from: Xapo on January 27, 2015, 12:10:52 PM

Quote from: DARKANGEL6415 on January 27, 2015, 11:41:51 AM

Quote from: Xapo on January 27, 2015, 11:17:38 AM

Quote from: suman66 on January 25, 2015, 01:35:50 PM

Quote from: Dilemma on January 25, 2015, 11:14:02 AM

i cant fing my wallet adress in xapo..
where can i see it?
i really dotn understand

Xapo has a new feature you address will change every time you received a one payment so be carefull

Right suman, we have recently implemented this rotating-wallet address feature for added security!

but are you still able to send payment and get deposits credited to right account if lets say people are interested in having bitcoin from lets say mining operation go right into Xapo? I am sure people do not want to keep changing addresses for payments to go to and all that good stuff lol, now we just need to get Xapo card to people in the USA Wink

Of course, you can still deposit the same address multiple times.

Ok thank you good to know

Xapo

member

Activity: 80

Merit: 10

Quote from: dsyahputera on January 27, 2015, 12:14:39 PM

Quote from: Xapo on January 27, 2015, 12:10:52 PM

Of course, you can still deposit the same address multiple times.

Is there expiry so the payment send to that address will not fund to the Xapo wallet?

Nope

Topic: Is Xapo a scam?? - page 7. (Read 29288 times)