Xapo Scam? | Bitcointalksearch.org

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Quote from: jclick on January 11, 2018, 02:13:41 PM

Quote from: Quimby88 on January 11, 2018, 07:14:13 AM

Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo, transaction fee is $30 Cheesy

Xapo have two options , with two fees. Do you want Instant Transaction which means approx 20-30 Minutes then fees is around 0.0012 BTC and for 7-8 Hours transaction fees is around 0.0003-0.0007 depends on what amount of btc is going to be in transaction.

I don't think xapo has transaction fees below 0.001 btc nowadays.
Check this out:
https://in.xapo.com/fees/

jclick

jr. member

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Quote from: Quimby88 on January 11, 2018, 07:14:13 AM

Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo, transaction fee is $30 Cheesy

Xapo have two options , with two fees. Do you want Instant Transaction which means approx 20-30 Minutes then fees is around 0.0012 BTC and for 7-8 Hours transaction fees is around 0.0003-0.0007 depends on what amount of btc is going to be in transaction.

mexicantarget

legendary

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Cypherpunk (& cyberpunk)

Quote from: Quimby88 on January 11, 2018, 07:14:13 AM

Quote from: mexicantarget on January 10, 2018, 09:43:46 PM

Quote from: Quimby88 on January 10, 2018, 08:58:34 PM

Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"

Quote

I have a few bucks there

Quote

fatal error - cannot load fees

The transaction costs more than the "few bucks" you have in your balance.

Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo, transaction fee is $30 Cheesy

They need to keep high fees so their users get funds fast when withdrawing.
It's undestandable tbh. BTC wise, fees have remained the same, it's the $ price that is causing issues.

I'd suggest everyone withdraw from sites/services in general when BTC price drops, so you can save money on fees.

Quimby88

sr. member

Activity: 484

Merit: 250

Quote from: mexicantarget on January 10, 2018, 09:43:46 PM

Quote from: Quimby88 on January 10, 2018, 08:58:34 PM

Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"

Quote

I have a few bucks there

Quote

fatal error - cannot load fees

The transaction costs more than the "few bucks" you have in your balance.

Yeah, I was able to see more from my computer. So basically if I am using Electrum, transaction fee is around $5-6, but if I am using Xapo, transaction fee is $30 Cheesy

mexicantarget

legendary

Activity: 1652

Merit: 1043

Cypherpunk (& cyberpunk)

Quote from: Quimby88 on January 10, 2018, 08:58:34 PM

Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"

Quote

I have a few bucks there

Quote

fatal error - cannot load fees

The transaction costs more than the "few bucks" you have in your balance.

Quimby88

sr. member

Activity: 484

Merit: 250

Is Xapo scam now? I have a few bucks there but its impossible to do something with them. Firstly, it asked me to verify my phone number, in a text message it told me that I cannot use it on the web and I have to download xapo app.
Then it asked me for a selfie... seriously?!! and when I have done everything and was trying to move out my money, it told "fatal error - cannot load fees"

Topic: Xapo Scam? (Read 172 times)