Topic: What are the benefits of a Xapo Wallet? - page 3. (Read 2150 times)
Barely any faucets send payments to Xapo wallet. Just use like blockchain or something like that.
Xapo wallet maybe used for collection of rewards from faucets, compare that the micropayment services that only pay out when you reach a threshold limit.
Other than that, no significant different between Xapo and other wallets.
Other than that, no significant different between Xapo and other wallets.
In my opinion, there are absolutely no advantages to having a Xapo wallet. In fact I'd be willing to bet that folks who know more about bitcoin than I do would say that a Xapo wallet only has disadvantages. If I'm not mistaken you don't control your private keys, but I could be wrong about that. I really don't trust any online wallet anyhow--but I do have a Xapo for the faucets that deposit instantly to it. But that's it. I keep no bitcoin in my Xapo wallet.
I am new to Bitcoin and I keep seeing Xapo Wallets mentioned in various places, fairly often. However, I just can't figure out what their benefits are or why someone would want one as opposed to any other type of wallet. Could you please enlighten me? Thanks!
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