Xapo or Coinbase ? Which is better and Why ?

ModGirl

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Quote from: Shady on August 12, 2017, 10:11:40 AM

Xapo is my favorite because of it's debit card feature. In my honest opinion the likelihood of there ever being a problem is slim because of additive protection.

CoinBase isn't often used by me since the buy option isn't provided in my current residence. Despite the belief about risk, Xapo has it built to my standards and I see CoinBase as a lesding service regardless of the use.

Yes because of its debit card I also like this wallet the most and the other benefit of it compare to coinbase is that with xapo we are our own bank and we are not restricted to use our bitcoin in any place while in coinbase we are restricted like if we will use any of gambling address for our coinbase wallet then they will freeze our account/wallet.

Shady

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Xapo is my favorite because of it's debit card feature. In my honest opinion the likelihood of there ever being a problem is slim because of additive protection.

CoinBase isn't often used by me since the buy option isn't provided in my current residence. Despite the belief about risk, Xapo has it built to my standards and I see CoinBase as a lesding service regardless of the use.

KingdomHearts

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Quote from: Bitcoinsummoner on August 06, 2017, 06:22:32 PM

Quote from: giveen on August 06, 2017, 08:27:20 AM

Both are really good wallets but the problem with coinbase is they control our funds in different ways like i said they start maintenance work on their site during crucial moments of trading. Xapo on other hand since i started using it i never faced any issues their app works perfectly , the site is always working perfectly. The only issue with xapo is you can't sign messages and the fees for sending transactions is higher than coinbase.

Well we have different experience about xapo i was using xapo before but i was experience of delay receiving confirmation code before there are asking this when you are login before you can login plus the pin code i can't login about my account even changing browser and the supports are not responding that is why i stop using them coinbase still much better to use than xapo.. and coinbase have power to sign message but because of updating the theme the sign message option is not working anymore..

I always choose both of them as my favorite wallets, but I do prefer Xapo over Coinbase. Since I started using both of them, Xapo seems to be working pretty fine without problems. And they do introduce new better features before Coinbase.

For example, Coinbase never had the “Price Chart”, and Xapo was the first to introduce such live price chart feature. I sent lots of “Suggestion” mails to Coinbase that they should introduce such, which they later did after several updates.

Both of them are good, you just have to choose the one that works pretty fine for you. But when it comes to rolling out new amazing features, Xapo will always be ahead of Coinbase. Coinbase's Buy & Sell feature is not available to some countries.

dunfida

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I cant see any any reasons to trust these web wallets since you don't have the access on your private keys on your wallet which is really very very risky once their service collapse. I don't have any experience on using those wallets since I don't really trust on them specially on making big transactions or even keeping them even on a single day.

Casdinyard

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Quote from: giveen on August 06, 2017, 08:27:20 AM

Both are really good wallets but the problem with coinbase is they control our funds in different ways like i said they start maintenance work on their site during crucial moments of trading. Xapo on other hand since i started using it i never faced any issues their app works perfectly , the site is always working perfectly. The only issue with xapo is you can't sign messages and the fees for sending transactions is higher than coinbase.

Yes I agree with you.
As coinbase have a third party it means someone can also control or access in your coins. I dont trust this wallet as it can be hack anytime.
While xapo, I'm using it quite but I didn't experience any major problems except sometimes the transaction is too slow and that makes me furious. Like Im being impatient with their steps for comfirmation.

Bitcoinsummoner

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Quote from: giveen on August 06, 2017, 08:27:20 AM

Both are really good wallets but the problem with coinbase is they control our funds in different ways like i said they start maintenance work on their site during crucial moments of trading. Xapo on other hand since i started using it i never faced any issues their app works perfectly , the site is always working perfectly. The only issue with xapo is you can't sign messages and the fees for sending transactions is higher than coinbase.

Well we have different experience about xapo i was using xapo before but i was experience of delay receiving confirmation code before there are asking this when you are login before you can login plus the pin code i can't login about my account even changing browser and the supports are not responding that is why i stop using them coinbase still much better to use than xapo.. and coinbase have power to sign message but because of updating the theme the sign message option is not working anymore..

giveen

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Both are really good wallets but the problem with coinbase is they control our funds in different ways like i said they start maintenance work on their site during crucial moments of trading. Xapo on other hand since i started using it i never faced any issues their app works perfectly , the site is always working perfectly. The only issue with xapo is you can't sign messages and the fees for sending transactions is higher than coinbase.

Zrs

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Coinbase is good, i am using it about few days ago,and found it easy and good.I can send Bitcoin without free to coinbase user.its a good service for me.and i can send bitcoin to BTC wallet address also.so Coinbase is good to me instead of XAPO. XAPO user cant send btc freely to XAPO user.

illyiller

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Quote from: LTU_btc on August 04, 2017, 07:50:02 PM

Now I'm using both these wallets only to receive dust from faucets. Both, Coinbase and Xapo aren't good to be used as main wallet. I haven't bad experiences with these services, but before August 1 I withdrawed last my bitcoins from these wallets. If I would need to choose better service, my vote goes to Coinbase. Their support looks better and Coinbase is more solid company. And Xapo have one ridiculous thing - fees for incoming small transactions.

I'd avoid both of them. Personally, I see no reason to use Xapo at all. Coinbase has its uses: FDIC-insured USD, VC backing in case of hacking, 0% maker fees on GDAX. But you need to be careful about how you transact. I have a policy to never send any cryptocurrency into Coinbase (you never know what they may do based on taint analysis). I only use it to buy and occasionally trade.

And with Coinbase, always calculate your tax liabilities and pay your taxes, as the IRS will be (and already has been) trying to come after Coinbase's customers. It's a pretty safe, trusted exchange, but you need to treat it like a legit broker. Not like Bitfinex or Poloniex or BTC-e.

Also, its API isn't great, for the traders out there. It constantly drops off.

carlfebz2

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These wallets are good only if you are just using them on micro transactions and knowing coinbase its just an exchange wallet and do really have limitations once you reached it they would already require you some documents. Ive never tried to use xapo, I do use coinbase but not verified but its still okay since I don't store up bitcoins on there and do only make it as a bridge on my transaction which I can say it get the job done but there are instances that they do suffer problems but resolved later on.

unyil

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Quote from: LTU_btc on August 04, 2017, 07:50:02 PM

Now I'm using both these wallets only to receive dust from faucets. Both, Coinbase and Xapo aren't good to be used as main wallet. I haven't bad experiences with these services, but before August 1 I withdrawed last my bitcoins from these wallets. If I would need to choose better service, my vote goes to Coinbase. Their support looks better and Coinbase is more solid company. And Xapo have one ridiculous thing - fees for incoming small transactions.

You are right, xapo and coinbase are not recommended for use as the main wallet, I personally never use both because xapo and coinbase do not have a good reputation and the feedback on both does not make me interested to use them.

LTU_btc

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Now I'm using both these wallets only to receive dust from faucets. Both, Coinbase and Xapo aren't good to be used as main wallet. I haven't bad experiences with these services, but before August 1 I withdrawed last my bitcoins from these wallets. If I would need to choose better service, my vote goes to Coinbase. Their support looks better and Coinbase is more solid company. And Xapo have one ridiculous thing - fees for incoming small transactions.

Konthol Ngaceng

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XAPO now has the latest security features that is, we must install the application on the smartphone, each we will send the bitcoin then prompted private key input. So I think Xapo is better than coinbase.

sulendra12

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Both of them are bad in my opinion that unexpected froze your account with for unknown reason and without any notice before your account get frozen. Alhough they have 2FA, their support are bad (especially for Coinbase) since they are web wallet just be prepare for the cons you would get later.

Pejoh Asu

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Quote from: senpaidev on July 31, 2017, 02:07:27 AM

I've been using Coinbase for about 3 years now. Have used to get payments from faucets and paying on steam. Service is pretty solid and I've never had to look elsewhere. I used to use the app, and it was pretty cool. Gets the job done.

Yes right, and I think 2FA from Xapo is very good, so even though xapo is web wallet but we have to install app via playstore so xapo is very safe.

senpaidev

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I've been using Coinbase for about 3 years now. Have used to get payments from faucets and paying on steam. Service is pretty solid and I've never had to look elsewhere. I used to use the app, and it was pretty cool. Gets the job done.

ModGirl

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Quote from: Hajeba on March 20, 2016, 11:53:00 AM

Xapo's support is kinda bad but once i heard that online wallets are not safe because they only provided you with a wallet address no private key. When they go offline or down, you have absolutely no access to ur btc. I prefer electrum/bitcoin core

I think you got it wrong as I have experienced that xapo support is more better than coinbase while coinbase is not working better support wise. They do not reply to the issues that much faster as xapo is doing. That is why I will go for to support xapo in that case. They also are very good in manners and in their rules than coinbase.

Bitcoinsummoner

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Well base on my own experience coinbase is much more safe much more easily to use and sometimes i am experience of buggy n coinbase but fixing after reporting delay in support but its still ok unlike xapo that their wallet is too buggy and now i can even login to their xapo wallet the verification code is delayed or it takes few hours before you can receive the code that is why can't even login their wallet anymore well my bitcoin in xapo is just a small amount..

BitcoinExpart

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Following the qualities and satisfaction I'll definitely choose Coinbase. In details, Coinbase fully based on exchange service, it offer also wallet and reasonable transaction.

webtricks

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Quote from: Dav7 on July 29, 2017, 10:55:37 AM

So Xapo just announced that will help members decide for BTC or BCC in case a fork happens and Coinbase says it will only support the strongest coin.

I am planning in moving some funds to Xapo, seems the better option for this happening, don't you guys think?

Choices are made between two competitive items not when one is far relevant than other. It would be nothing less than stupid choosing BCC being Bitcoin user, however for miners both coins can be profitable in long run.
So this one fork can't determine Xapo to be better than Coinbase. Coinbase is much more reputable company with 7.5M users on its side.

Topic: Xapo or Coinbase ? Which is better and Why ? (Read 11584 times)