Cash App vs Xapo Wallet Comparison
| Company |
|
|
| User rating |
User rating
4.3 / 5
6 user reviews
|
User rating
4.8 / 5
4 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
4.4 / 5
|
Cryptogeek rating
3.6 / 5
|
| Trust Score
How it works
|
Trust Score
3.6 / 5
|
Trust Score
3.62 / 5
|
About
|
The Cash App is a peer-to-peer money transfer service developed by Square Inc. that allows users to send and receive money. This service can help you send utility bills, pay for purchases, share the cost of the trip, or any other money sending task that you want to perform with other Cash App users. The Cash App also functions similarly to a bank account, providing users with a debit card called the “Cash Card”, which allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money in stocks, as well as buy and sell bitcoins.
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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
Wallet type
|
Software wallet
|
Software wallet
|
Storage type
|
Hot wallet
|
Hot / Cold wallet
|
Private keys
|
Not available
|
Not available
|
Available coins
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 Cash App is a peer-to-peer money transfer service developed by Square Inc. that allows users to send and receive money. This service can help you send utility bills, pay for purchases, share the cost of the trip, or any other money sending task that you want to perform with other Cash App users. The Cash App also functions similarly to a bank account, providing users with a debit card called the “Cash Card”, which allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money in stocks, as well as buy and sell bitcoins.
|
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
2013
|
Founding Date
2013
|
| Country |
Country
USA
|
Country
Hong Kong
|
| Languages |
Languages
English
|
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
Not available
|
Private keys
Not available
|
| Available coins |
Available coins
0
|
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
|
- Users can import their phonebook and send money to their friends using a phone number or email.
- Customers can buy and sell Bitcoin directly from your Cash App balance.
- Cash App protects its customers with security features including PIN entry, face and fingerprint identification, encryption, and offline storage of bitcoins.
|
- High assets security
- Intuitive interface
- Wide functionality
- Prepaid debit cards
|
Disadvantages
|
- Limited transparency when it comes to other transactions using the application.
- You have to pay a 1.5% commission in order to instantly receive money.
- You cannot make payments internationally.
- You must verify your account to increase sending and receiving limits.
|
- The support team is slow to react
- No cryptocurrencies other than BTC
|
Rating
| User rating |
User rating
4.3 / 5
6 user reviews
|
User rating
4.8 / 5
4 user reviews
|
| Cryptogeek rating |
Cryptogeek rating
4.4 / 5
|
Cryptogeek rating
3.6 / 5
|
| Advantages |
Advantages
- Users can import their phonebook and send money to their friends using a phone number or email.
- Customers can buy and sell Bitcoin directly from your Cash App balance.
- Cash App protects its customers with security features including PIN entry, face and fingerprint identification, encryption, and offline storage of bitcoins.
|
Advantages
- High assets security
- Intuitive interface
- Wide functionality
- Prepaid debit cards
|
| Disadvantages |
Disadvantages
- Limited transparency when it comes to other transactions using the application.
- You have to pay a 1.5% commission in order to instantly receive money.
- You cannot make payments internationally.
- You must verify your account to increase sending and receiving limits.
|
Disadvantages
- The support team is slow to react
- No cryptocurrencies other than BTC
|
Cash App user rating is 4.3, 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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Cash App vs Xapo Wallet - Which Wallet Is Better in 2024?
This Cash App 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, Cash App is rated 4.3 with 6 user reviews, while Xapo Wallet is rated 4.8 with 4 user reviews.
Let's finally move to overall Trust Score:
