BitPay Wallet vs Xapo Wallet Comparison

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Company
User rating User rating 3.7 / 5 6 user reviews User rating 4.8 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.6 / 5
Trust Score How it works Trust Score 4.31 / 5 Trust Score 3.62 / 5

About

The BitPay open-source Wallet is one of the products of the BitPay gateway that powers crypto payments for enterprises. BitPay was established in 2011. The BitPay wallet allows buying and selling cryptos.
Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.

Founding Date

2010 2013

Country

International Hong Kong

Languages

English, French, Spanish English

Wallet type

Software wallet Software wallet

Storage type

Hot wallet Hot / Cold wallet

Private keys

Available Not available

Available coins

8 - Bitcoin (BTC), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Binance USD (BUSD), Paxos Standard (PAX) 1 - Bitcoin (BTC)

Security

No data Third Party Encrypted

Anonymity

No data Medium

Ease of use

No data Easy

Has attached card

No data yes

Has trading facilities

No data yes

Has vouchers and offers

No data No data

Features

No data 2 Factor Authentication
About
The BitPay open-source Wallet is one of the products of the BitPay gateway that powers crypto payments for enterprises. BitPay was established in 2011. The BitPay wallet allows buying and selling cryptos.
Xapo is a Hong Kong-based company providing a cryptocurrency cold vault and a mobile application for managing the assets. Moreover, Xapo offers a рrераіd debit card compatible with Bitcoin, with a number of fiat currencies and numerous point of sale machines and ATMs. The company is well-established. It was formed in 2013 after the vault for storage of BTC created by the future CEO of Xapo, Wences Casares, became popular. In this review, we will try to find out if Xapo is safe and is it a scam or a legit platform for Bitcoin storage and exchange.
Founding Date Founding Date 2010 Founding Date 2013
Country Country International Country Hong Kong
Languages Languages English, French, Spanish Languages English
Wallet type Wallet type Software wallet Wallet type Software wallet
Storage type Storage type Hot wallet Storage type Hot / Cold wallet
Private keys Private keys Available Private keys Not available
Available coins Available coins 8 - Bitcoin (BTC), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Binance USD (BUSD), Paxos Standard (PAX) Available coins 1 - Bitcoin (BTC)
Security Security No data Security Third Party Encrypted
Anonymity Anonymity No data Anonymity Medium
Ease of use Ease of use No data Ease of use Easy
Has attached card Has attached card No data Has attached card yes
Has trading facilities Has trading facilities No data Has trading facilities yes
Has vouchers and offers Has vouchers and offers No data Has vouchers and offers No data
Features Features No data Features 2 Factor Authentication

Social

Website

bitpay.com www.xapo.com

Twitter

@BitPay @xapo
Website Website bitpay.com Website www.xapo.com
Twitter Twitter @BitPay Twitter @xapo

Advantages

- Support for a large number of languages; - The simplicity of the user interface; - Open-source code by developers; - The ability to integrate with Trezor, Ledger wallets; - The ability to buy cryptocurrency through an internal exchange office; - Option to set a password for additional protection of funds; - The ability to manage and create several wallets at once; - Product integration for buying Amazon gift cards, connecting a Bitpay plastic card; - Multisignature support. - High assets security - Intuitive interface - Wide functionality - Prepaid debit cards

Disadvantages

- Dormancy Fee - BitPay is one of the few crypto debit card issuers to charge an inactive cardholder fee. - Regional Availability - The BitPay Card is not available to users outside of the US. - The support team is slow to react - No cryptocurrencies other than BTC

Rating

User rating User rating 3.7 / 5 6 user reviews User rating 4.8 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.6 / 5
Advantages Advantages - Support for a large number of languages; - The simplicity of the user interface; - Open-source code by developers; - The ability to integrate with Trezor, Ledger wallets; - The ability to buy cryptocurrency through an internal exchange office; - Option to set a password for additional protection of funds; - The ability to manage and create several wallets at once; - Product integration for buying Amazon gift cards, connecting a Bitpay plastic card; - Multisignature support. Advantages - High assets security - Intuitive interface - Wide functionality - Prepaid debit cards
Disadvantages Disadvantages - Dormancy Fee - BitPay is one of the few crypto debit card issuers to charge an inactive cardholder fee. - Regional Availability - The BitPay Card is not available to users outside of the US. Disadvantages - The support team is slow to react - No cryptocurrencies other than BTC

BitPay Wallet user rating is 3.7, based on 6 user reviews. Xapo Wallet user rating is 4.8, based on 4 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 4.31 / 5 Write review
Trust Score: 3.62 / 5
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BitPay Wallet vs Xapo Wallet - Which Wallet Is Better in 2024?

This BitPay Wallet vs Xapo Wallet comparison is based on the most recent data on both companies. We do our best to provide you with unbiased information about cryptocurrency companies.

Based on user reviews only, BitPay Wallet is rated 3.7 with 6 user reviews, while Xapo Wallet is rated 4.8 with 4 user reviews.

Let's finally move to overall Trust Score: