what do you think about xapo.com - page 3.

Harry Hood

sr. member

Activity: 266

Merit: 250

Quote from: nagasakiWA on August 07, 2015, 03:35:35 AM

Quote from: Brewins on August 07, 2015, 12:35:57 AM

too much validation required, so I never bothered to try their services

Yes,this is so true because you will need to add pass and pin everytime and this is sucks

The validation required is meant to serve as a safety measure for YOUR bitcoin funds! It's hilarious how people want the convenience that Xapo offers but none of the security and then these people will start a thread on this forum talking about how their bitcoin were lost or stolen from their laptop.

It also represents a lack of knowledge of how banking businesses are run. A banking business can't be expected to develop a reputation as sophisticated, secure, reputable if they don't have specific security in place to protect their customers assets.

If you don't want the security validation you should keep your bitcoin in an offline or paper wallet...it's not a criticism to Xapo!

unusualfacts30

hero member

Activity: 1540

Merit: 500

I signed up for them while ago. They're okay. They require too much information though before you can convert your btc to fiat. I would rather use coinbase or sell here

dollarneed

hero member

Activity: 742

Merit: 500

Quote from: shane on August 10, 2015, 10:52:45 AM

Quote from: dollarneed on August 10, 2015, 10:50:36 AM

i was used it before but not anyomore because i dont like with identity verification
so far iam using blockchain,its simple than xapo
just because iam not using xapo it doesnot mean its not safe

how about fee transaction ?
xapo never give you fee for send your bitcoin
also xapo give you vault to keep more secure your coin

although there is no transaction fee on xapo i still prefer using other wallet than xapo even i never open my account over there,i've been falling love with blockchain
and so hard to move on from it and using another service

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

I used XAPO because of faucet purposes. Majority of my referrals commission came from XAPO faucets. That is the only used of my XAPO. And you don't need to give all your identity. Just activate the Send and Receive then you are good to go. I want their free transaction so I can transfer all my balance their to my btc wallet anytime without worrying the fees.

P.S : Don't drink too much coffee.

shane

hero member

Activity: 756

Merit: 503

Quote from: talkbitcoin on August 10, 2015, 11:03:36 AM

i have never used them because they are an online wallet and i will never trust them with any significant amount.

so you trust yobit to save your bitcoin Huh

you trade on yobit and you earning from bitcoin online wallet

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

i have never used them because they are an online wallet and i will never trust them with any significant amount.

shane

hero member

Activity: 756

Merit: 503

Quote from: dollarneed on August 10, 2015, 10:50:36 AM

i was used it before but not anyomore because i dont like with identity verification
so far iam using blockchain,its simple than xapo
just because iam not using xapo it doesnot mean its not safe

how about fee transaction ?
xapo never give you fee for send your bitcoin
also xapo give you vault to keep more secure your coin

dollarneed

hero member

Activity: 742

Merit: 500

i was used it before but not anyomore because i dont like with identity verification
so far iam using blockchain,its simple than xapo
just because iam not using xapo it doesnot mean its not safe

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: Zz on August 10, 2015, 06:33:29 AM

Quote from: ranlo on August 09, 2015, 10:35:44 PM

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

THey're all different. That's like asking "Why would you say to shop at Walmart when there's also Target and Amazon?"

Ideally, you spread risk, regardless of if you're using online wallets or offline. I see no reason NOT to trust Xapo.

Sarthak

hero member

Activity: 518

Merit: 501

Error 404: there seems to be nothing here.

You cannot use most of the services of Xapo if you dont reveal your personal identity! This is not good! Bitcoin was built for and anonymity! And clearly you are risking both Privacy and Anonymity with Xapo! Switch to Multibit or Electrum if you need a wallet..or blockchain if you need an online wallet.. Blockchain might not be very secure but atleast it doesnt ask who you are and where do you live

madonnino

sr. member

Activity: 322

Merit: 250

I ❤ www.LuckyB.it!

Quote from: Herbert2020 on August 10, 2015, 09:42:11 AM

if you want my opinion, i don't like them. they seem to be legit but my problem is not with their legitimacy.
my problem is that you don't have access to your private keys so in any case that they decide to run away or even block your account , all your bitcoins will be lost forever in their hands.

so in final they act like a bitcoin-bank or something similar? if u don't own the private key, you don't own bitcoins

Herbert2020

legendary

Activity: 1946

Merit: 1137

if you want my opinion, i don't like them. they seem to be legit but my problem is not with their legitimacy.
my problem is that you don't have access to your private keys so in any case that they decide to run away or even block your account , all your bitcoins will be lost forever in their hands.

hakanbalta577

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Activity: 406

Merit: 250

Quote from: Zz on August 10, 2015, 06:41:51 AM

Quote from: hakanbalta577 on August 10, 2015, 06:37:04 AM

Quote from: Zz on August 10, 2015, 06:33:29 AM

Quote from: ranlo on August 09, 2015, 10:35:44 PM

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

Which online bitcoin wallets are good? Can you explain why?

Generally I don't suggest any online wallet, but if you are a newbie you should start with Blockchain.info.
Never put big BTC's in online wallets. Just use them for micro payments.

Thanks your answer. If someday I have big btcs, I will not put in online wallet.

Zz

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Activity: 1820

Merit: 1077

Quote from: hakanbalta577 on August 10, 2015, 06:37:04 AM

Quote from: Zz on August 10, 2015, 06:33:29 AM

Quote from: ranlo on August 09, 2015, 10:35:44 PM

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

Which online bitcoin wallets are good? Can you explain why?

Generally I don't suggest any online wallet, but if you are a newbie you should start with Blockchain.info.
Never put big BTC's in online wallets. Just use them for micro payments.

hakanbalta577

sr. member

Activity: 406

Merit: 250

Quote from: Zz on August 10, 2015, 06:33:29 AM

Quote from: ranlo on August 09, 2015, 10:35:44 PM

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

Which online bitcoin wallets are good? Can you explain why?

Zz

legendary

Activity: 1820

Merit: 1077

Quote from: ranlo on August 09, 2015, 10:35:44 PM

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: favdesu on August 09, 2015, 01:38:37 PM

Quote from: Zz on August 08, 2015, 05:00:38 AM

I'm pretty skeptical about Xapo. Reason is here, read these news:

Judge: Fraud case vs. Xapo CEO can proceed: http://fortune.com/2015/07/06/judge-fraud-case-vs-xapo-ceo-can-proceed/
LifeLock Sues Xapo Executives Over Bitcoin Wallet: https://bitcoinmagazine.com/20695/lifelock-sues-xapo-executives-bitcoin-wallet-intellectual-property/

yep, that's exactly the reason why I'm not using XAPO at the moment. I like their easy wallet (as a hot wallet), but their future is very open in my opinion.

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

zerorabbit23

newbie

Activity: 28

Merit: 0

There is too much validation involved with XAPO. I use electrum instead.

tennozer

sr. member

Activity: 322

Merit: 250

Bonus Claim Url: http://betonline.wager.bz

I don't like xapo wallet. I use it because some faucets pay directly to this wallet. But I don't use it for my main bitcoin jobs.

favdesu

legendary

Activity: 1764

Merit: 1000

Quote from: Zz on August 08, 2015, 05:00:38 AM

I'm pretty skeptical about Xapo. Reason is here, read these news:

Judge: Fraud case vs. Xapo CEO can proceed: http://fortune.com/2015/07/06/judge-fraud-case-vs-xapo-ceo-can-proceed/
LifeLock Sues Xapo Executives Over Bitcoin Wallet: https://bitcoinmagazine.com/20695/lifelock-sues-xapo-executives-bitcoin-wallet-intellectual-property/

yep, that's exactly the reason why I'm not using XAPO at the moment. I like their easy wallet (as a hot wallet), but their future is very open in my opinion.

Topic: what do you think about xapo.com - page 3. (Read 4839 times)