BitPay Wallet vs Xapo Wallet Comparison
| 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.
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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
Country
Languages
|
English, French, Spanish
|
English
|
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
|
Hot wallet
|
Hot / Cold wallet
|
Private keys
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
Ease of use
Has attached card
Has trading facilities
Has vouchers and offers
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
Twitter
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.
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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:
